
Cheap Apartments for Rent in Shedd, OR from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Shedd.


The Vicinity

Queen Anne

The Riviera

Rivergreen Landing

McKinney Lane Apartments

Parkside Apartments

Crystal Lake Apartments
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.

The Meadows

#314 THE MAPLES APARTMENTS

Total Monthly Price
Cascade Ridge

Villa Chateau Apartments

Parkview Manor Apartments

Hickory Lake

The Lodges

Briar Ridge Apartments
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.

The Banks

1335 North

Aspen Place Apartments

Total Monthly Price
Creekside & Spring Creek

Riverbend Apartments

Plumtree Apartments

Mountain View at Rivergreen Apartments

Total Monthly Price
Creekside Meadows
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.

Walnut Creek Apartments

Oak Vale Apartments

1250 NW 29th St

Conifer Place

Z_Park Manor

343 NW 8th St

2710 Grand Prairie Rd SE

1125-1112 SW A Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

169-Franklin Commons

Knox Butte Apartments

The Park at Fifth

2465 SW Pickford St

540 W Maple St

1415 W 4th St

2607 S 7th St

3445 SE 3rd St
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.

1047 S 10th St

311-325 E Dodge St
Shedd, OR Local Guide

How much does it cost to rent an apartment in Shedd?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shedd Studio Apartments | $1,487 | $1,200 | $1,699 |
| Shedd 1 Bedroom Apartments | $1,568 | $695 | $2,154 |
| Shedd 2 Bedroom Apartments | $1,804 | $999 | $2,499 |
| Shedd 3 Bedroom Apartments | $2,048 | $1,599 | $2,784 |
| Shedd 4 Bedroom Apartments | $2,950 | $1,900 | $4,000 |
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Shedd, OR Local Guide
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Cheapest Available Shedd Apartments for Rent and Nearby
 The cheapest available apartment rental in Shedd, OR is a 2 Beds unit found at The Vicinity priced from $999. Queen Anne has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,052. Here is today’s list of the most affordable Shedd apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Vicinity | 2x1 | 2BR,1BA | $999 |
| Queen Anne | One Bedroom - 60% | 1BR,1BA | $1,052 |
| The Riviera | 2BR 1 Bath | 2BR,1BA | $1,099 |
| McKinney Lane Apartments | Chestnut | Studio,1BA | $1,220 |
| Parkside Apartments | 1 x 1 | 1BR,1BA | $1,305 |
| Cascade Ridge | Studio | Studio,1BA | $1,375 |
| 169-Franklin Commons | 1x1 | 1BR,1BA | $1,395 |
| Hickory Lake | 1x1 | 1BR,1BA | $1,425 |
| The Banks | Pebble Studio | Studio,1BA | $1,435 |
| Aspen Place Apartments | 2 Bedroom | 2BR,2BA | $1,445 |
Best Value Apartments for Rent in Shedd, OR and Nearby
As of June 12, 2026 the best value apartment in the Shedd area is the $0.65 price per square foot 3 Bed, 3 Bath Classic Model at Yugo Corvallis Domain in the starting from $799. The second greatest value Shedd apartment is the Two Bedroom-Two Bath Model at Park Plaza starting at $1,810 with a $1.62 price per square foot . Here is today’s list of the best values for Shedd apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Yugo Corvallis Domain | 3 Bed, 3 Bath Classic | 3BR,3BA | $0.65 |
| Park Plaza | Two Bedroom-Two Bath | 2BR,2BA | $1.62 |
| Conifer Place | Two Bed Two Bath C | 2BR,2BA | $1.76 |
| Crystal Lake Apartments | 2BR 2 Bath | 2BR,2BA | $1.70 |
| Aspen Place Apartments | 2 Bedroom | 2BR,2BA | $1.52 |
| Creekside & Spring Creek | Spring Creek 2x1 Small | 2BR,1BA | $1.87 |
| Parkside Apartments | 1 x 1 | 1BR,1BA | $1.53 |
| Hickory Lake | 1x1 | 1BR,1BA | $1.79 |
| Queen Anne | One Bedroom - 60% | 1BR,1BA | $1.44 |
| 169-Franklin Commons | 1x1 | 1BR,1BA | $1.92 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shedd, OR Rentals by Map
See the most popular apartments and homes in Shedd, OR
Frequently Asked Questions about Cheap Shedd Apartments
What is the Cheapest Studio apartment in Shedd?
Currently the most affordable Cheap Studio Apartment in Shedd is at McKinney Lane Apartments listed at $1,220.
How much is rent for a Cheap One Bedroom Shedd Apartment?
The lowest price for a Cheap One Bedroom Shedd Apartment is $1,052 at Queen Anne.
What is the lowest price for a Cheap Two Bedroom Shedd Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shedd is starting from $999 at The Vicinity.
What is the most affordable Shedd Three Bedroom Apartment?
The best deal on a cheap Shedd Three Bedroom Apartment rental is at Crystal Lake Apartments and starts from $1,750.
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

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.

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.

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.

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.