Cheap Apartments for Rent near Silver Lake, OR from $465 (56 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Strata
Rent Specials
$1,499 - $2,559

Total Monthly Price

Base Rent$1,499 - $2,559
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Strata

1797 SW Chandler AveBend, OR 97702
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
The Nest
Rent Specials
$1,599 - $2,299

Total Monthly Price

Base Rent$1,599 - $2,299
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Nest

1609 SW Chandler AveBend, OR 97702
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Terava
Rent Specials
$1,615 - $3,195

Total Monthly Price

Base Rent$1,615 - $3,195
Total Monthly Price$1,615 - $3,195
Studio to 3 Bedroom Apartments Available Now

Terava

515 SW Century DrBend, OR 97702
Pet Friendly
  • Verified
  • 3D Tour

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.

Read Article
close
View Me
RedPoint
Rent Specials
$1,725 - $2,425

Total Monthly Price

Base Rent$1,725 - $2,425
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

RedPoint

1329 SW Pumice AveRedmond, OR 97756
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Range Apartments
Rent Specials
$1,745 - $2,950

Total Monthly Price

Base Rent$1,745 - $2,950
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Range Apartments

3001 NW Clearwater DrBend, OR 97703
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Jackstraw
Rent Specials
$1,750 - $3,825

Total Monthly Price

Base Rent$1,750 - $3,825
Total Monthly Price$1,750 - $3,825
Studio to 3 Bedroom Apartments Available Now

Jackstraw

310 SW Industrial WayBend, OR 97701
Affordability
  • Verified
  • 3D Tour

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.

Read Article
close
View Me
Oasis at 2600
$1,849 - $1,925

Total Monthly Price

Base Rent$1,849 - $1,925
Total Monthly PriceVaries
2 Bedroom Apartments Available Now

Oasis at 2600

2600 NE Forum DrBend, OR 97701
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Eddy
Rent Specials
$1,875 - $2,190

Total Monthly Price

Base Rent$1,875 - $2,190
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Eddy

801 SW Bradbury WayBend, OR 97702
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Drafter Valley
2 Bedroom Apartments

Drafter Valley

52663 Drafter RdLa Pine, OR 97739
close
View Me
356 - Canal Vista
2 Bedroom Apartments

356 - Canal Vista

3770 SW Canal BlvdRedmond, OR 97756
close
View Me
Linden Lofts
2 Bedroom Apartments

Linden Lofts

4141 SW 34th StRedmond, OR 97756
  • Utilities Included
close
View Me
Solis at Petrosa
1 to 3 Bedroom Apartments

Solis at Petrosa

63158 Deschutes Market RdBend, OR 97701

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.

Read Article
Showing Results 1-50, Page 1 of 2

Silver Lake, OR Local Guide

Cheapest Available Silver Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silver Lake, OR is a 1 Bed unit found at Legacy Landing in the Orchard neighborhood priced from $465. Wickiup Station Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $771. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy Landing1 Bed, 1 bath1BR,1BA$465
Wickiup Station Apartments2 Bedroom2BR,1BA$771
Cedarwest1 Bedroom1BR,1BA$819
Nine Peaks1 Bed, 1 bath1BR,1BA$915
Vintage at Bend2B | Age 55+2BR,1BA$1,414
Pine View1 Bed 1 Bath1BR,1BA$1,425
Outlook at Pilot ButteTanagerStudio,1BA$1,495
Preble Way ApartmentsPreble Apartments2BR,2BA$1,495
StrataS4Studio,1BA$1,499
The CurrentThe SantiamStudio,1BA$1,519

Best Value Apartments for Rent in Silver Lake, OR and Nearby

As of September 06, 2026 the best value apartment in the Silver Lake area is the $2.03 price per square foot Summit - 1262 SF Three-Bedroom Two-Bathroom Model at The Reserve at Brookswood in the in the River West neighborhood starting from $2,565. The second greatest value Silver Lake apartment is the 3 Bedroom Model at Wickiup Station Apartments starting at $1,486 with a $1.22 price per square foot . Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at BrookswoodSummit - 1262 SF Three-Bedroom Two-Bathroom3BR,2BA$2.03
Wickiup Station Apartments3 Bedroom3BR,2BA$1.22
Mountain Glen Apartments2BR/1.5BA2BR,1.5BA$1.88
356 - Canal Vista3780 Canal Vista 2 Bed 2 Bath2BR,2BA$1.77
Stone Creek Apartments2 Bed/2 Bath2BR,2BA$1.87
Cedarwest2 Bedroom2BR,1BA$1.80
Preble Way ApartmentsPreble Apartments2BR,2BA$1.76
Vintage at Bend2B | Age 55+2BR,1BA$1.77
Legacy Landing1 Bed, 1 bath1BR,1BA$0.66
Nine Peaks1 Bed, 1 bath1BR,1BA$1.38

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 Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Silver Lake, OR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Silver Lake, OR

View Map
Silver Lake, OR Apartments Map
View Map
Silver Lake, OR Rental Homes Map

Frequently Asked Questions about Cheap Silver Lake Apartments

What is the Cheapest Studio apartment in Silver Lake?

Currently the most affordable Cheap Studio Apartment in Silver Lake is at Outlook at Pilot Butte listed at $1,495.

How much is rent for a Cheap One Bedroom Silver Lake Apartment?

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $465 at Legacy Landing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $771 at Wickiup Station Apartments.

What is the most affordable Silver Lake Three Bedroom Apartment?

The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at Nine Peaks and starts from $1,150.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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 Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.