Cheap Apartments for Rent near Summer Lake, OR from $465 (29 Rentals)

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

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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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Drafter Valley
2 Bedroom Apartments

Drafter Valley

52663 Drafter RdLa Pine, OR 97739

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.

Summer Lake, OR Local Guide

Cheapest Available Summer Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Summer Lake, OR is a 1 Bed unit found at Wickiup Station Apartments priced from $643. Nine Peaks in the Orchard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here is today’s list of the most affordable Summer Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wickiup Station Apartments1 Bed 1 Bath Restricted at 30% HOME1BR, 1BA$643
Nine Peaks1 Bed, 1 bath1BR, 1BA$915
Pine View1 Bed 1 Bath1BR, 1BA$1,399
Vintage at Bend2B | Age 55+2BR, 1BA$1,414
Preble Way ApartmentsPreble Apartments2BR, 2BA$1,495
Outlook at Pilot ButteTanagerStudio, 1BA$1,518
The Hixon at Westside YardShevlinStudio, 1BA$1,599
Steppe1 Bedroom B1BR, 1BA$1,600
Solis at PetrosaHosmer Garden1BR, 1BA$1,625
Bellevue Crossing1x1 The Cascade1BR, 1BA$1,649

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

As of September 22, 2026 the best value apartment in the Summer Lake area is the $1.86 price per square foot Summit - 1262 SF Three-Bedroom Two-Bathroom Model at The Reserve at Brookswood in the River West neighborhood starting from $2,345. The second greatest value Summer Lake apartment is the 2BR/1.5BA Model at Mountain Glen Apartments in the River West neighborhood starting at $1,905 with a $1.85 price per square foot. Here is today’s list of the best values for Summer 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$1.86
Mountain Glen Apartments2BR/1.5BA2BR, 1.5BA$1.85
356 - Canal Vista3770 Canal Vista 2 Bed 2 Bath2BR, 2BA$1.69
Edgewater Apartments381 Reed Market 2 Bed 2 Bath2BR, 2BA$1.92
Stone Creek Apartments2 Bed/2 Bath2BR, 2BA$1.87
Cedarwest Apartments2Bed 1 Bath Unit Restricted at 60% HERA Special...2BR, 1BA$1.97
Preble Way ApartmentsPreble Apartments2BR, 2BA$1.76
Vintage at Bend2B | Age 55+2BR, 1BA$1.77
Wickiup Station Apartments1 Bed 1 Bath Restricted at 60% LIHTC1BR, 1BA$1.91
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.

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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!

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Frequently Asked Questions about Cheap Summer Lake Apartments

What is the Cheapest Studio apartment in Summer Lake?

Currently the most affordable Cheap Studio Apartment in Summer Lake is at Outlook at Pilot Butte listed at $1,518.

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

The lowest price for a Cheap One Bedroom Summer Lake Apartment is $643 at Wickiup Station Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Summer Lake is starting from $1,020 at Nine Peaks.

What is the most affordable Summer Lake Three Bedroom Apartment?

The best deal on a cheap Summer 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

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.