Cheap Homes for Rent in Silverton, OR from $1,000 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in Silverton.

property at 1230 S Water St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

1230 S Water St

SilvertonOR97381

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.

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.

Silverton, OR Local Guide

Cheapest Available Silverton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silverton, OR is a 1 Bed unit found at Mallard Landing in the East Lancaster neighborhood priced from $895. Brighton Park in the East Lancaster 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 Silverton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mallard Landing1BED1BATH1BR,1BA$895
Brighton Park1BR 1Bath1BR,1BA$995
Salem Parkway Apartments1BR 1 Bath1BR,1BA$995

Best Value Apartments for Rent in Silverton, OR and Nearby

As of April 23, 2026 the best value apartment in the Silverton area is the $1.20 price per square foot 2 Bedroom 2 Bathroom Model at Orchard Park Apartments in the in the Northgate neighborhood starting from $1,177. The second greatest value Silverton apartment is the 2 bedrooms Model at North Park Apartments starting at $1,395 with a $1.42 price per square foot in the Northgate neighborhood. Here is today’s list of the best values for Silverton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Orchard Park Apartments2 Bedroom 2 Bathroom2BR,2BA$1.20
North Park Apartments2 bedrooms2BR,1BA$1.42
Newcastle Place Apartments2 bed/2 bath2BR,2BA$1.51
167-Triple Crown2x2 Apt2BR,2BA$1.53
Columbia Village Apartments2x12BR,1BA$1.41
Cheryl LynnTwo Bedroom2BR,1BA$1.39
Cascade View Apartments2 Beds, 1 bath2BR,1BA$1.40
Oakbrook Inn2 bedroom2BR,1BA$1.49
Greenwood Park ApartmentsPhase 32BR,1BA$1.54
Mallard Landing1BED1BATH1BR,1BA$1.41

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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

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Frequently Asked Questions about Silverton

What type of rentals are currently available in Silverton?

There are currently 61 Apartments for Rent in Silverton, OR with pricing that ranges from $895 to $2,500. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silverton ranging from $1,095 to $3,500.

What is the current price range for Rental Homes in Silverton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Silverton ranges from $1,095 to $3,500 with an average monthly rent of $2,242.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.