Cheap Apartments for Rent in Silver Lake, OR from $1,000 (32 Rentals)

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

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Pine View
1 to 2 Bedroom Apartments

Pine View

52773 Drafter RdLa Pine, OR 97739
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Drafter Valley
2 Bedroom Apartments

Drafter Valley

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

356 - Canal Vista

3770 SW Canal BlvdRedmond, OR 97756

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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 Parks on the Green Apartments in the Old Mill District neighborhood priced from $1,125. Vintage at Bend in the Orchard neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,308. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parks on the Green Apartments1 Bedroom 1 Bath1BR,1BA$1,125
Vintage at Bend2C | Age 55+2BR,1BA$1,308
The CurrentThe SantiamStudio,1BA$1,499
StrataS4Studio,1BA$1,500
The Hixon at Westside YardShevlinStudio,1BA$1,544
The NestA2Studio,1BA$1,599
Pine View2 Bed 2 Bath2BR,2BA$1,599
TeravaThe HighlandStudio,1BA$1,599
StoneBriar Apartments1x11BR,1BA$1,600
Steppe1 Bedroom A1BR,1BA$1,650

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

As of September 09, 2025 the best value apartment in the Silver Lake area is the $1.81 price per square foot 3x2 A Model at RedPoint in the starting from $2,366. The second greatest value Silver Lake apartment is the 1 Model at Westmount Luxury Apartment Homes starting at $2,200 with a $1.70 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.
RedPoint3x2 A3BR,2BA$1.81
Westmount Luxury Apartment Homes12BR,2BA$1.70
Linden Lofts2 Bed2BR,2BA$1.71
Escena Apartments2 Bedroom 1 Bathroom 1st Floor (XL)2BR,1BA$1.91
356 - Canal Vista3770 Canal Vista 2 Bed 2 Bath2BR,2BA$1.77
Bridgewater ApartmentsBridgewater Apartments2BR,2BA$2.05
Pine View2 Bed 2 Bath2BR,2BA$1.88
Bellevue Crossing ApartmentsThe Santiam1BR,1BA$2.17
Seasons at Farmington ReserveSweetcorn1BR,1BA$2.17
Parks on the Green Apartments1 Bedroom 1 Bath1BR,1BA$1.89

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

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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 Strata listed at $1,500.

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

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $1,125 at Parks on the Green Apartments.

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 $1,500 at Parks on the Green 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 StoneBriar Apartments and starts from $2,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.