Cheap Homes for Rent in Washington Park Neighborhood of Portland, OR from $1,000 (18 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 1205 SW Cardinell Dr

$1,567

1 Bedroom, 1 Bath Rentals

Available Now

401

1205 SW Cardinell Dr
PortlandOR97201

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Washington Park, Portland, OR Local Guide

Cheapest Available Washington Park Apartments for Rent

 

The cheapest available apartment rental in the Washington Park area of Portland, OR is a Studio unit found at Hamilton West priced from $789. Doricourt Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Washington Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$789
Doricourt ApartmentsStudio (215sq ft '04’s, '05s, '09s, '10s, '11s,...Studio,1BA$825
Nob Hill Apartments0 Bedroom 1 Bath - 51362Studio,1BA$830
Fountain Place ApartmentsStudio - 60%Studio,1BA$860
Edington CourtMicroStudio,1BA$875

Best Value Apartments for Rent in Washington Park, OR

As of June 16, 2026 the best value apartment in the Washington Park area is the $1.41 price per square foot 2x1 Model at Raleigh Pines Apartments in the in the Southwest Portland neighborhood starting from $1,325. The second greatest value Washington Park apartment is the 0x1 100 Model at Midtown East starting at $999 with a $1.23 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Raleigh Pines Apartments2x12BR,1BA$1.41
Midtown East0x1 100Studio ,1BA$1.23
1351-01PP- Yamhill ManorUnit 091BR,1BA$1.56
Victorian Apartments2BR/1.0BA2BR,1BA$1.78
Tempo West Apartments1 BDRM 1 BATH1BR,1BA$2.00
Hilltop House Apartments1 bedroom 1 bath large1BR,1BA$2.00
Teasdale Apartments!1BR/1.0BA1BR,1BA$1.92
Worthington1BR (622sq ft '09s)1BR,1BA$1.97
Westfal ApartmentsOne Bedroom1BR,1BA$1.71
Allendale Apartments1BR/1.0BA1BR,1BA$1.99

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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Washington Park

What type of rentals are currently available in Washington Park?

There are currently 771 Apartments for Rent in Washington Park, OR with pricing that ranges from $789 to $991,249. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Washington Park ranging from $1,000 to $6,895.

What is the current price range for Rental Homes in Washington Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Washington Park ranges from $1,000 to $6,895 with an average monthly rent of $3,072.

How much are larger Three and Four Bedroom Rentals in Washington Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Washington Park range from $2,095 to $9,528, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,950 to $4,895. Four Bedroom Single-Family rentals are also available starting from $3,895 and Four Bedroom Apartments start at $8,204.

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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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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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.

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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From Arts to Eats: A Local Insiders 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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.