Cheap Apartments for Rent in the Springwater Hills Neighborhood of Troutdale, OR from $900 (12 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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Park Place
2 to 3 Bedroom Apartments

Park Place

2628 NE Red Sunset DrGresham, OR 97030

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Abigail Court - Student Housing priced from $915. Highland Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,019. Here are the most affordable Springwater Hills apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Abigail Court - Student HousingStudioStudio,1BA$915
Highland ParkStudio AStudio,1BA$1,019
Linden Place ApartmentsOne Bed-Second Floor1BR,1BA$1,047
Sienna LoftsSmall StudioStudio,1BA$1,249
The Groves1x1 Classic1BR,1BA$1,274

Best Value Apartments for Rent in Springwater Hills, OR

As of June 26, 2025 the best value apartment in the Springwater Hills area is the $1.83 price per square foot 3x2 LR Model at Alvista 23 Apartment Homes in the in the Riverbend neighborhood starting from $2,156. The second greatest value Springwater Hills apartment is the 3x2 - 1178 Model at Mountain Meadows starting at $1,933 with a $1.64 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.
Alvista 23 Apartment Homes3x2 LR3BR,2BA$1.83
Mountain Meadows3x2 - 11783BR,2BA$1.64
109 SW Cherry Park Rd, Unit 107109 SW Cherry Park Rd2BR,1BA$1.41
Heron Hills Apartment Homes2 Bed 2 Bath2BR,2BA$1.48
Aspire Gresham2 Bed 2 Bath2BR,2BA$1.74
Hampton Heights2x12BR,1BA$1.69
Campbell ParkTwo Bedroom B2BR,1BA$1.62
Troutdale Terrace2 Bed - 1 Bath2BR,1BA$1.83
The Lodges at Lake Salish Apartments1x1 719-746 sq. ft. The Indigo Spring1BR,1BA$1.88
Fairview Oaks WoodsOne Bedroom1BR,1BA$1.86

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Pet Friendly Lifestyle
Springwater Hills, Troutdale, OR

Ranked #2

Among neighborhoods in Troutdale, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
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 $1,400.

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 $1,047, while the average apartment in Springwater Hills costs $2,176.

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 24 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 $188 which is $1,988 cheaper than the average rent for all rentals in Springwater Hills.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.