
Cheap Homes for Rent in Silver Lake, OR from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.


56856 Enterprise Dr
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.

51572 Stillwell

9818 Split Rail Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

51414 Ash Rd
Silver Lake, OR Local Guide

How much does it cost to rent a home in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake 2 Bedroom Homes for Rent | $1,870 | $1,545 | $2,300 |
| Silver Lake 3 Bedroom Homes for Rent | $2,491 | $1,850 | $3,200 |
| Silver Lake 4 Bedroom Homes for Rent | $2,559 | $2,100 | $3,000 |
| Silver Lake 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Silver Lake
Explore Silver Lake
Silver Lake, OR Local Guide
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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 Pine View priced from $1,295. Lakeside Place Apartments in the River West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,340. Here is today’s list of the most affordable Silver Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine View | 1 Bed 1 Bath | 1BR,1BA | $1,295 |
| Lakeside Place Apartments | 1C | Studio,1BA | $1,340 |
| Vintage at Bend | 2C | Age 55+ | 2BR,1BA | $1,414 |
Best Value Apartments for Rent in Silver Lake, OR and Nearby
As of December 21, 2025 the best value apartment in the Silver Lake area is the $1.77 price per square foot 3x2 Model at StoneBriar Apartments in the in the Orchard neighborhood starting from $2,000. The second greatest value Silver Lake apartment is the 2050-2082 Model at 2058 NW Monterey Pines Dr starting at $2,295 with a $2.25 price per square foot in the River West neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| StoneBriar Apartments | 3x2 | 3BR,2BA | $1.77 |
| 2058 NW Monterey Pines Dr | 2050-2082 | 2BR,1BA | $2.25 |
| RedPoint | 2x2 A | 2BR,2BA | $1.86 |
| Escena Apartments | 2 Bedroom 1 Bathroom Top Floor (XL) | 2BR,1BA | $1.96 |
| Edgewater Apartments | 381 Reed Market 2 Bed 2 Bath | 2BR,2BA | $1.94 |
| Preble Way Apartments | Preble Apartments | 2BR,2BA | $1.76 |
| Oasis at 2600 | 2x1 | 2BR,1BA | $1.93 |
| Vintage at Bend | 2B | Age 55+ | 2BR,1BA | $1.77 |
| Bellevue Crossing Apartments | The Cascade | 1BR,1BA | $2.05 |
| The Commons @ Pilot Butte Apartment Homes | BASALT | 1BR,1BA | $2.20 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 45 Apartments for Rent in Silver Lake, OR with pricing that ranges from $995 to $4,100. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $950 to $3,200.
What is the current price range for Rental Homes in Silver Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $950 to $3,200 with an average monthly rent of $2,074.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.