Cheap Homes for Rent in Southwest Portland Neighborhood of Portland, OR from $1,200 (29 Rentals)

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 3601 S River Pkwy

3601 S River Pkwy

PortlandOR97239

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 Koz on 4th priced from $932. Modern New Construction has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Southwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Koz on 4thStudioStudio,1BA$932
Modern New Construction 0BR/1.0BAStudio,1BA$950
Quail Ridge ApartmentsStudio LargeStudio,1BA$1,050
Acqua ApartmentsStudioStudio,1BA$1,125
Harborview Apartments1BR/1.0BA1BR,1BA$1,145
Park Avenue ApartmentsStudioStudio,1BA$1,199
MARQUAM MANOR APARTMENTS (MCM03)Studio ('01s,'02s,'03s,'04s,'08s,'09s)Studio,1BA$1,200
Commons at Sylvan Canyon ApartmentsRidgeStudio,1BA$1,200
Greenbriar VillageSmall One Bed1BR,1BA$1,203
Vista Manor1BR/1.0BA1BR,1BA$1,220

Best Value Apartments for Rent in Southwest Portland, OR

As of September 13, 2025 the best value apartment in the Southwest Portland area is the $1.69 price per square foot 3 Bedroom, 2.5 Bathroom - Renovated Model at Tempo West Apartments in the in the Southwest Portland neighborhood starting from $2,395. The second greatest value Southwest Portland apartment is the 3 Bed 2 Bath Model at Shadow Hills starting at $1,895 with a $1.62 price per square foot in the 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.
Tempo West Apartments3 Bedroom, 2.5 Bathroom - Renovated3BR,2BA$1.69
Shadow Hills3 Bed 2 Bath3BR,2BA$1.62
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Capitol Park2 bed 2 bath2BR,2BA$1.85
2222 Apartments2BR/2.0BA2BR,2BA$1.80
Ridgeview Terrace2x22BR,2BA$1.82
Downtown Living Starts At Lair Hill1x11BR,1BA$1.82
Timber Terrace2X12BR,1BA$1.80
Vista Manor1BR/1.0BA1BR,1BA$1.79

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Southwest Portland, Portland, OR

Ranked #35

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southwest Portland, Portland, OR

School data provided by Great Schools

Frequently Asked Questions about Southwest Portland

What type of rentals are currently available in Southwest Portland?

There are currently 362 Apartments for Rent in Southwest Portland, OR with pricing that ranges from $932 to $10,443. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Portland ranging from $1,295 to $8,750.

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 $1,295 to $8,750 with an average monthly rent of $2,747.

How much are larger Three and Four Bedroom Rentals in Southwest Portland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Portland range from $1,645 to $6,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $8,750. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $2,550.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.