Cheap Apartments for Rent in the Springwater Hills Neighborhood of Troutdale, OR from $900 (14 Rentals)

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

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Cherry Ridge
1 to 2 Bedroom Apartments

Cherry Ridge

2295 SW Sturges LnTroutdale, OR 97060

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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Alta Civic Station
Rent Specials
$1,297 - $2,337
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$1,297 - $2,337

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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
$1,299 - $2,450
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$1,299 - $2,450

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Studio to 3 Bedroom Apartments Available Now

Arts Plaza

492 NE 2nd StGresham, OR 97030
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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.

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. Woodland Flats Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here are the most affordable Springwater Hills apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Highland ParkStudio AStudio,1BA$1,049
Woodland Flats ApartmentsStudioStudio,1BA$1,099
IRONWOOD GREENS1 Bed 1 Bath1BR,1BA$1,175
Meadowlark at FairviewStudio CStudio,1BA$1,200
Park Place2 Bed 1 Bath Standard2BR,1BA$1,215

Best Value Apartments for Rent in Springwater Hills, OR

As of June 23, 2026 the best value apartment in the Springwater Hills area is the $1.79 price per square foot 3 Bedroom 2 Bathroom Model at Bristol Woods in the in the Riverbend neighborhood starting from $1,975. 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.
Bristol Woods3 Bedroom 2 Bathroom3BR,2BA$1.79
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Heron Hills2 Bed 2 Bath2BR,2BA$1.57
Aspire Gresham2 Bed 2 Bath Renovated2BR,2BA$1.66
Royal Greens ApartmentsTwo Bed Two Bath2BR,2BA$1.62
Hampton Heights2x12BR,1BA$1.64
Beavercreek Meadows2x22BR,2BA$1.42
Troutdale Terrace2 Bed - 2 Bath2BR,2BA$1.73
Linden Place ApartmentsComing Soon! Two Bed - Washer/Dryer2BR,1BA$1.62
IRONWOOD GREENS1 Bed 1 Bath1BR,1BA$1.71

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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Pet Friendly Lifestyle
Springwater Hills, Troutdale, OR

Ranked #2

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,299.

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

The cheapest apartment in Springwater Hills is Highland Park which is listed at $1,079, while the average apartment in Springwater Hills costs $2,124.

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 4 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 $169 which is $1,955 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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