Cheap Homes for Rent in Prineville, OR from $1,200 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in Prineville.

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.

Prineville, OR Local Guide

Cheapest Available Prineville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prineville, OR is a 1 Bed unit found at Vintage at Bend in the Orchard neighborhood priced from $1,188. Nova Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Prineville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vintage at Bend1C | Age 55+1BR,1BA$1,188
Nova ApartmentsSmaller StudioStudio,1BA$1,250
Redmond LandingThe Landing2BR,2BA$1,412

Best Value Apartments for Rent in Prineville, OR and Nearby

As of May 21, 2026 the best value apartment in the Prineville area is the $1.43 price per square foot The Riverbend Model at Redmond Landing in the starting from $1,627. The second greatest value Prineville 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 Prineville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redmond LandingThe Riverbend3BR,2BA$1.43
Ridgeview HeightsFrontier2BR,2BA$1.62
Escena Apartments2 Bedroom 2 Bathroom Top Floor.2BR,2BA$1.95
North 883 Bedroom (Smaller)3BR,2BA$2.02
356 - Canal Vista3770 Canal Vista 2 Bed 2 Bath2BR,2BA$1.79
Edgewater Apartments369 Reed Market 2 Bed 2 Bath2BR,2BA$1.90
Stone Creek Apartments2 Bed/2 Bath2BR,2BA$1.87
Oasis at 26002x12BR,1BA$1.99
Cascade Ridge2 Bed 1 Bath2BR,1BA$1.82
Vintage at Bend1C | Age 55+1BR,1BA$1.98

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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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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Quick Rent Budget Calculator

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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!

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Frequently Asked Questions about Prineville

What type of rentals are currently available in Prineville?

There are currently 80 Apartments for Rent in Prineville, OR with pricing that ranges from $1,125 to $3,758. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prineville ranging from $1,200 to $3,795.

What is the current price range for Rental Homes in Prineville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prineville ranges from $1,200 to $3,795 with an average monthly rent of $2,134.

How much are larger Three and Four Bedroom Rentals in Prineville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prineville range from $1,627 to $2,989, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $1,809.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.