Cheap Apartments for Rent in Sheridan, OR from $900 (63 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
$1,455 - $3,770

Total Monthly Price

Base Rent$1,455 - $3,770
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

South Block Apartments

315 Commercial St SESalem, OR 97301
Active Lifestyle
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Willamette Park
Rent Specials
$1,512 - $2,084

Total Monthly Price

Base Rent$1,512 - $2,084
Total Monthly PriceVaries
2 to 3 Bedroom Apartments Available Now

Willamette Park

825 Harritt Dr NWSalem, OR 97304
Luxury
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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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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
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Springwood Terrace
1 to 2 Bedroom Apartments

Springwood Terrace

4014-4040 Arleta Ave NESalem, OR 97303
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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

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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Homeport
Studio Apartments

Homeport

553-557 SW Cypress StMcMinnville, OR 97128
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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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Osprey Point
Studio to 2 Bedroom Apartments

Osprey Point

75 C StIndependence, OR 97351
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Abbey Heights
2 to 3 Bedroom Apartments

Abbey Heights

219 12th StLafayette, OR 97127
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Sunflower Park
2 to 3 Bedroom Apartments

Sunflower Park

267 NE May LnMcMinnville, OR 97128

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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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 Royal Oaks Apartments in the Lansing neighborhood priced from $995. Wolfpack Village Apartments in the Monmouth Independence neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Oaks Apartments1 Bedroom - 1 bathroom1BR,1BA$995
Wolfpack Village Apartments1 Bed1BR,1BA$1,095
Metro Gardens2 Bedroom 1 Bath - 773252BR,1BA$1,195
Parkview Apartments2x12BR,1BA$1,275
Rivercrest Apartments2x12BR,1BA$1,295
Hawks Point ApartmentsPhase 3 1x1 704 SF1BR,1BA$1,300
Osprey Point0BR/1.0BAStudio,1BA$1,350
Victoria Place Apartments1x1 Flat1BR,1BA$1,350
020-Creekside Apartments2x12BR,1BA$1,400
Legacy Oaks Apartments1 Bed 1 Bath1BR,1BA$1,431

Best Value Apartments for Rent in Sheridan, OR and Nearby

As of September 11, 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 2x2 Third Floor End Model at Willamette Landing starting at $1,925 with a $1.60 price per square foot in the Highland 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
Willamette Landing2x2 Third Floor End2BR,2BA$1.60
Eola Heights ApartmentsThe Grande Cuvee3BR,2BA$1.51
Keizer Terrace Apartments2x1.52BR,1.5BA$1.52
#166 WHEATLAND VILLAGE APARTMENTS2BR/1.5BA2BR,1.5BA$1.55
Parkview Apartments2x12BR,1BA$1.46
020-Creekside Apartments2x12BR,1BA$1.61
Rivercrest Apartments2x12BR,1BA$1.55
Royal Oaks Apartments1 Bedroom - 1 bathroom1BR,1BA$1.31
Taybin Terrace ApartmentsUpstairs1BR,1BA$1.57

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 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 Osprey Point listed at $1,350.

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

The lowest price for a Cheap One Bedroom Sheridan Apartment is $995 at Royal Oaks 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.

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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.