Cheap Apartments for Rent in Sheridan, OR from $600 (49 Rentals)

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

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Rivercrest Apartments
2 Bedroom Apartments

Rivercrest Apartments

937 SE Sheridan RdSheridan, OR 97378
  • Utilities Included

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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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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South Block Apartments
Rent Specials
$1,487 - $3,095
Total Monthly Price

Total Monthly Price

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$1,487 - $3,095
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Studio to 3 Bedroom Apartments Available Now

South Block Apartments

315 Commercial St SESalem, OR 97301
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Stratus Village
1 to 3 Bedroom Apartments

Stratus Village

2450 SE Stratus AveMcMinnville, OR 97128
  • Utilities Included
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Jackson Commons
1 to 2 Bedroom Apartments

Jackson Commons

505-567 Jackson St WMonmouth, OR 97361

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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Somerset Apartments
1 to 3 Bedroom Apartments

Somerset Apartments

2510-2560 Broadway St NESalem, OR 97301
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Village Quarter
1 to 2 Bedroom Apartments

Village Quarter

333 NE Irvine StMcMinnville, OR 97128
Senior Living
  • Utilities Included
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Fresa Park
2 to 4 Bedroom Apartments

Fresa Park

995 Ferry StDayton, OR 97114
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Hendricks Place
1 Bedroom Apartments

Hendricks Place

735 NE Cowls StMcMinnville, OR 97128
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Homeport
Studio Apartments

Homeport

553-557 SW Cypress StMcMinnville, OR 97128

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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Palmer Creek
1 to 2 Bedroom Apartments

Palmer Creek

206 Mill StDayton, OR 97114
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Sunnyside Apartments
1 to 2 Bedroom Apartments

Sunnyside Apartments

2201 NE Lafayette AveMcMinnville, OR 97128
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Sunflower Park
2 to 3 Bedroom Apartments

Sunflower Park

267 NE May LnMcMinnville, OR 97128
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Abbey Heights
2 to 3 Bedroom Apartments

Abbey Heights

219 12th StLafayette, OR 97127
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Bluebird Keizer
2 to 3 Bedroom Apartments

Bluebird Keizer

812-898 Lockhaven Dr NESalem, OR 97303

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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Tice Park
2 to 3 Bedroom Apartments

Tice Park

2965 NE Evans StMcMinnville, OR 97128
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Sheridan, OR Local Guide

Cheapest Available Sheridan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheridan, OR is a 1 Bed unit found at Springwood Terrace Apartments in the Lansing neighborhood priced from $950. Royal Oaks Apartments in the Lansing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Springwood Terrace ApartmentsDownstairs 1 Bed1BR,1BA$950
Royal Oaks Apartments1 Bedroom - 1 bathroom1BR,1BA$995
Metro Gardens2 Bedroom 1 Bath - 625192BR,1BA$1,195
Parkview Apartments2x12BR,1BA$1,225
Rose Park Apartments2BR 1 Bath2BR,1BA$1,250
Aspen Grove ApartmentsOne-Bedroom One-Bath - 684 SF1BR,1BA$1,295
Rivercrest Apartments2x1 Corner2BR,1BA$1,295
Hawks Point ApartmentsPhase 3 1x1 704 SF1BR,1BA$1,300
Jackson Commons2x12BR,1BA$1,300
Riverplace Apartment HomesSpringStudio,1BA$1,341

Best Value Apartments for Rent in Sheridan, OR and Nearby

As of July 28, 2026 the best value apartment in the Sheridan area is the $1.48 price per square foot Two Bedroom Model at 478 S Main St in the in the Monmouth Independence neighborhood starting from $1,850. The second greatest value Sheridan apartment is the The Grande Cuvee Model at Eola Heights Apartments starting at $1,800 with a $1.51 price per square foot in the West Salem neighborhood. Here is today’s list of the best values for Sheridan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
478 S Main StTwo Bedroom2BR,2BA$1.48
Eola Heights ApartmentsThe Grande Cuvee3BR,2BA$1.51
RIVER VALLEY TERRACE2BR/2.0BA2BR,2BA$1.44
The Village Apartments2x2 - Carpet & Vinyl Plank Flooring Options Ava...2BR,2BA$1.52
Rose Park ApartmentsTH- 2BRx 1.5 Bath2BR,1.5BA$1.49
Parkview Apartments2x12BR,1BA$1.40
Rivercrest Apartments2x1 Corner2BR,1BA$1.55
Royal Oaks Apartments2 Bedroom - 1 bathroom2BR,1BA$1.53
Taybin Terrace ApartmentsUpstairs1BR,1BA$1.57
Springwood Terrace ApartmentsDownstairs 1 Bed1BR,1BA$1.58

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

Explore Sheridan, OR Rentals by Map

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Frequently Asked Questions about Cheap Sheridan Apartments

What is the Cheapest Studio apartment in Sheridan?

Currently the most affordable Cheap Studio Apartment in Sheridan is at Riverplace Apartment Homes listed at $1,341.

How much is rent for a Cheap One Bedroom Sheridan Apartment?

The lowest price for a Cheap One Bedroom Sheridan Apartment is $950 at Springwood Terrace Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sheridan is starting from $1,195 at Metro Gardens.

What is the most affordable Sheridan Three Bedroom Apartment?

The best deal on a cheap Sheridan Three Bedroom Apartment rental is at Victoria Place 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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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

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.