Cheap Apartments for Rent near Powell Butte, OR from $465 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Powell Butte.

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Mill at Ochoco
Rent Specials
$1,589 - $2,260

Total Monthly Price

Base Rent$1,589 - $2,260
Total Monthly Price$1,589 - $2,260
1 to 3 Bedroom Apartments Available Now

The Mill at Ochoco

250 NE Saint Charles WayPrineville, OR 97754
Luxury
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The Nest
Rent Specials
$1,599 - $2,300

Total Monthly Price

Base Rent$1,599 - $2,300
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Oct 3

The Nest

1609 SW Chandler AveBend, OR 97702
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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336
Studio to 2 Bedroom Apartments

336

1441-1461 NW 4th StRedmond, OR 97756

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.

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Solis at Petrosa
1 to 3 Bedroom Apartments

Solis at Petrosa

63158 Deschutes Market RdBend, OR 97701

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.

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356 - Canal Vista
2 Bedroom Apartments

356 - Canal Vista

3770 SW Canal BlvdRedmond, OR 97756
Showing Results 1-43, Page 1 of 1

Powell Butte, OR Local Guide

Cheapest Available Powell Butte Apartments for Rent and Nearby

 

The cheapest available apartment rental in Powell Butte, OR is a 1 Bed unit found at Cedarwest in the Orchard neighborhood priced from $819. Nine Peaks in the Orchard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here is today’s list of the most affordable Powell Butte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedarwest1 Bedroom1BR,1BA$819
Nine Peaks1 Bed, 1 bath1BR,1BA$915
336336 Red Cedar StudioStudio,1BA$1,400
Vintage at Bend2B | Age 55+2BR,1BA$1,414
Redmond LandingThe Landing2BR,2BA$1,493
Outlook at Pilot ButteTanagerStudio,1BA$1,508
Dry CanyonStudioStudio,1BA$1,575
The Mill at OchocoJuniper1BR,1BA$1,589
Steppe1 Bedroom B1BR,1BA$1,600
Drexel Redmond Townhouses2BR/1.5BA2BR,1BA$1,625

Best Value Apartments for Rent in Powell Butte, OR and Nearby

As of September 15, 2026 the best value apartment in the Powell Butte area is the $1.63 price per square foot The Deschutes Model at Redmond Landing in the starting from $1,912. The second greatest value Powell Butte apartment is the Frontier Model at Ridgeview Heights starting at $1,750 with a $1.62 price per square foot . Here is today’s list of the best values for Powell Butte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redmond LandingThe Deschutes4BR,2BA$1.63
Ridgeview HeightsFrontier2BR,2BA$1.62
Mountain Glen Apartments2BR/1.5BA2BR,1.5BA$1.88
Drexel Redmond Townhouses2BR/1.5BA2BR,1.5BA$1.61
356 - Canal Vista3770 Canal Vista 2 Bed 2 Bath2BR,2BA$1.77
Edgewater Apartments381 Reed Market 2 Bed 2 Bath2BR,2BA$1.92
Stone Creek Apartments2 Bed/2 Bath2BR,2BA$1.87
Cedarwest2 Bedroom2BR,1BA$1.80
Vintage at Bend2B | Age 55+2BR,1BA$1.77
Nine Peaks1 Bed, 1 bath1BR,1BA$1.38

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Powell Butte, OR Rentals by Map

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Frequently Asked Questions about Cheap Powell Butte Apartments

What is the Cheapest Studio apartment in Powell Butte?

Currently the most affordable Cheap Studio Apartment in Powell Butte is at 336 listed at $1,400.

How much is rent for a Cheap One Bedroom Powell Butte Apartment?

The lowest price for a Cheap One Bedroom Powell Butte Apartment is $819 at Cedarwest.

What is the lowest price for a Cheap Two Bedroom Powell Butte Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Powell Butte is starting from $1,020 at Nine Peaks.

What is the most affordable Powell Butte Three Bedroom Apartment?

The best deal on a cheap Powell Butte Three Bedroom Apartment rental is at Nine Peaks and starts from $1,150.

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.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.