Cheap Apartments for Rent in the Springwater Hills Neighborhood of Troutdale, OR from $900 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Springwater Hills area of Troutdale.

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Cherry Ridge
1 to 2 Bedroom Apartments

Cherry Ridge

2295 SW Sturges LnTroutdale, OR 97060

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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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.

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Alta Civic Station
Rent Specials
$1,330 - $2,610
Total Monthly Price

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Base Rent
$1,330 - $2,610
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Studio to 3 Bedroom Apartments Available Now

Alta Civic Station

1699 NW Civic DrGresham, OR 97030
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Arts Plaza
Rent Specials
$1,399 - $2,195
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$1,399 - $2,195
Total Monthly Price
$1,399 - $2,195
Studio to 3 Bedroom Apartments Available Now

Arts Plaza

492 NE 2nd StGresham, OR 97030
Luxury
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Fairview Oaks Woods
Rent Specials
$1,458 - $1,511
Total Monthly Price

Total Monthly Price

Base Rent
$1,458 - $1,511
Total Monthly Price
$1,458 - $1,511
2 Bedroom Apartments Available Now

Fairview Oaks Woods

22701 NE Halsey StFairview, OR 97024
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  • Low Income

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.

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Outlook 16
Rent Specials
$1,496 - $2,177
Total Monthly Price

Total Monthly Price

Base Rent
$1,496 - $2,177
Total Monthly Price
$1,496 - $2,177
1 to 2 Bedroom Apartments Available Aug 10

Outlook 16

1616 NE 16th WayGresham, OR 97030
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Twelve Mile Crossing
Rent Specials
$1,499 - $2,300
Total Monthly Price

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Base Rent
$1,499 - $2,300
Total Monthly Price
$1,499 - $2,300
1 to 3 Bedroom Apartments Available Now

Twelve Mile Crossing

588 SE 217th AveGresham, OR 97030
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Aspire Gresham
Rent Specials
$1,549 - $1,811
Total Monthly Price

Total Monthly Price

Base Rent
$1,549 - $1,811
Total Monthly Price
$1,549 - $1,811
2 Bedroom Apartments Available Now

Aspire Gresham

2400 NE Red Sunset DrGresham, OR 97030
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Heron Hills
Rent Specials
$1,550 - $1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $1,675
Total Monthly Price
$1,550 - $1,675
2 Bedroom Apartments Available Now

Heron Hills

23900 SE Stark StGresham, OR 97030
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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.

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Springwater Hills, Troutdale, OR Local Guide

Cheapest Available Springwater Hills Apartments for Rent

 

The cheapest available apartment rental in the Springwater Hills area of Portland, OR is a Studio unit found at Highland Park priced from $1,049. Linden Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,058. Here are the most affordable Springwater Hills apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Highland ParkStudio AStudio,1BA$1,049
Linden Place ApartmentsOne Bed-1st Floor1BR,1BA$1,058
Park Place2 Bed 1 Bath Standard2BR,1BA$1,215
Woodland Flats ApartmentsStudioStudio,1BA$1,225
East Wind1 Bedroom 1 Bath1BR,1BA$1,245
The Zimmer1 bedroom1BR,1BA$1,249
Hogan WoodsHW 1x11BR,1BA$1,295
Alta Civic StationS41BR,1BA$1,330
Alvista 23 Apartment Homes1x11BR,1BA$1,333
The Groves1x1 Classic1BR,1BA$1,341

Best Value Apartments for Rent in Springwater Hills, OR

As of August 08, 2026 the best value apartment in the Springwater Hills area is the $1.68 price per square foot North Townhouses Model at S815 - Star Apartments in the in the Riverbend neighborhood starting from $1,995. The second greatest value Springwater Hills apartment is the 3 Bed 2 Bath Standard Model at Park Place starting at $1,435 with a $1.38 price per square foot in the Riverbend neighborhood. Here is today’s list of the best values for Springwater Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
S815 - Star ApartmentsNorth Townhouses3BR,1.5BA$1.68
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Heron Hills2 Bed 2 Bath2BR,2BA$1.57
Aspire Gresham2 Bed 2 Bath2BR,2BA$1.57
Hampton Heights2x12BR,1BA$1.64
Troutdale Terrace2 Bed - 2 Bath2BR,2BA$1.73
Fairview Oaks WoodsTwo Bedroom - One Bath2BR,1BA$1.57
Bristol Woods2 Bedroom 1 Bathroom2BR,1BA$1.58
3rd Central1C1BR,1BA$1.66
Linden Place ApartmentsOne Bed-1st Floor1BR,1BA$1.69

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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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Springwater Hills, Troutdale, OR

Ranked #2

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Springwater Hills, Troutdale, OR

School data provided by Great Schools

Frequently Asked Questions about Cheap Springwater Hills Apartments

What is a cheap apartment in Springwater Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Springwater Hills is under $1,341.

What is the price of a cheap apartment in Springwater Hills?

The cheapest apartment in Springwater Hills is Linden Place Apartments which is listed at $1,058, while the average apartment in Springwater Hills costs $1,610.

What types of apartments are the cheapest in Springwater Hills?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Springwater Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Springwater Hills?

Cheap apartments in Springwater Hills have an average cost of $139 which is $1,471 cheaper than the average rent for all rentals in Springwater Hills.

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.

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