
Cheap Apartments for Rent near Shedd, OR from $600 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Shedd.


The Vicinity

McKinney Lane Apartments

Villa Chateau Apartments

Queen Anne

Parkview Manor Apartments

The Meadows

#314 THE MAPLES APARTMENTS
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.

Villamar Apartments

Total Monthly Price
Cascade Ridge

Parkside Apartments

Total Monthly Price
Veri at Timberhill

Hickory Lake

The Lodges

Briar Ridge Apartments

Witham Hill Oaks
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.

Aspen Place Apartments

Total Monthly Price
Creekside Meadows

Mountain View at Rivergreen Apartments

Z_Park Manor

343 NW 8th St

The Riviera

Rivergreen Landing

2710 Grand Prairie Rd SE
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.

329 SW 10th St

Crystal Lake Apartments

6295 Weldon Ct SW

1781 SE Lilly Pl

169-Franklin Commons

Knox Butte Apartments

The Park at Fifth

540 W Maple St
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.
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 | $1,469 | $1,199 | $1,699 |
| Shedd 1 Bedroom Apartments | $1,584 | $695 | $2,118 |
| Shedd 2 Bedroom Apartments | $1,714 | $999 | $2,340 |
| Shedd 3 Bedroom Apartments | $1,747 | $799 | $2,533 |
| Shedd 4 Bedroom Apartments | $1,251 | $745 | $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. 7th Street Station has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,089. 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 |
| 7th Street Station | 4BR/4BA - A - Premium | 4BR,4BA | $1,089 |
| The Union | 4BR/3BA - Douglas Elite Tech Reno | 4BR,3BA | $1,185 |
| McKinney Lane Apartments | Chestnut | Studio,1BA | $1,199 |
| Villa Chateau Apartments | 2/1.5 A | 2BR,1BA | $1,245 |
| Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1,260 |
| 169-Franklin Commons | 1x1 | 1BR,1BA | $1,395 |
| Cascade Ridge | Studio | Studio,1BA | $1,400 |
| Parkside Apartments | 1x1 | 1BR,1BA | $1,405 |
| The Lodges | 1X1 | 1BR,1BA | $1,430 |
Best Value Apartments for Rent in Shedd, OR and Nearby
As of July 28, 2026 the best value apartment in the Shedd area is the $0.79 price per square foot 4BR/4BA - A - Premium Model at 7th Street Station in the starting from $1,089. The second greatest value Shedd apartment is the 3 Bed, 3 Bath Classic Model at Yugo Corvallis Domain starting at $799 with a $0.65 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. |
|---|---|---|---|
| 7th Street Station | 4BR/4BA - A - Premium | 4BR,4BA | $0.79 |
| Yugo Corvallis Domain | 3 Bed, 3 Bath Classic | 3BR,3BA | $0.65 |
| The Banks | Deschutes Two Bedroom | 2BR,2BA | $1.66 |
| Park Plaza | Two Bedroom-Two Bath | 2BR,2BA | $1.62 |
| Conifer Place | Two Bed Two Bath B | 2BR,2BA | $1.74 |
| Hickory Lake | 2x2 | 2BR,2BA | $1.70 |
| Queen Anne | Two Bedroom - 60% | 2BR,2BA | $1.32 |
| Riverbend Apartments | Two-Bedroom Two-Bathroom - Mt. Sisters 952 SF | 2BR,2BA | $1.71 |
| Parkside Apartments | 1x1 | 1BR,1BA | $1.65 |
| Villa Chateau Apartments | 2/1.5 A | 2BR,1.5BA | $1.66 |
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!
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See the most popular apartments and homes in Shedd, OR
Frequently Asked Questions about Cheap Shedd Apartments
How much is rent for a Cheap One Bedroom Shedd Apartment?
The lowest price for a Cheap One Bedroom Shedd Apartment is $1,359 at McKinney Lane Apartments.
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 Hickory Lake and starts from $1,995.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.