Cheap Homes for Rent in the Southwest Portland Neighborhood of Portland, OR from $1,200 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the Southwest Portland area of Portland.

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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property at 3701 SW Condor Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

3701 SW Condor Ave, Unit K 1

3701 SW Condor Ave
PortlandOR97239

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Southwest Portland, Portland, OR Local Guide

Cheapest Available Southwest Portland Apartments for Rent

 

The cheapest available apartment rental in the Southwest Portland area of Portland, OR is a Studio unit found at Waterleaf priced from $480. The Woods on Marquam Hill has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Southwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
WaterleafStudioStudio,1BA$480
The Woods on Marquam HillStudio CStudio,1BA$995
Koz on 4thEssential StudioStudio,1BA$996
Commons at Sylvan Canyon ApartmentsRidgeStudio,1BA$1,075
The FredrickMarquam1BR,1BA$1,195

Best Value Apartments for Rent in Southwest Portland, OR

As of August 01, 2026 the best value apartment in the Southwest Portland area is the $1.51 price per square foot 3bd1bth Model at Grace Manor Apartments in the in the Far Southwest Portland neighborhood starting from $1,550. The second greatest value Southwest Portland apartment is the 2BR/2.0BA Model at 2222 Apartments starting at $1,545 with a $1.56 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Southwest Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grace Manor Apartments3bd1bth3BR,1BA$1.51
2222 Apartments2BR/2.0BA2BR,2BA$1.56
Courtside ApartmentsTwo Bedroom2BR,2BA$1.73
Shadow Hills1 Bed 1 Bath1BR,1BA$1.66
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
Indian Hills Apartments2BR/1.0BA2BR,1BA$1.64
Carleton Terrace Apartments2 Bed 1 Bath2BR,1BA$1.74
Lancaster ApartmentsDownstairs1BR,1BA$1.79
Capitol Park1 bed-1 bath1BR,1BA$1.79
Raleigh Heights1BR/1.0BA1BR,1BA$1.85

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Southwest Portland

What type of rentals are currently available in Southwest Portland?

There are currently 365 Apartments for Rent in Southwest Portland, OR with pricing that ranges from $470 to $7,180. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Portland ranging from $1,250 to $12,500.

What is the current price range for Rental Homes in Southwest Portland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Portland ranges from $1,250 to $12,500 with an average monthly rent of $3,191.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.