Cheap Apartments for Rent in the Springwater Hills Neighborhood of Troutdale, OR from $900 (27 Rentals)

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 3036 SE Lewis Ct

$2,900

Total Monthly Price

Total Monthly Price

Base Rent
$2,900
Total Monthly Price
$2,900

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

3036 SE Lewis Ct

TroutdaleOR97060
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Cherry Ridge
1 to 2 Bedroom Apartments

Cherry Ridge

2295 SW Sturges LnTroutdale, OR 97060

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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Aspire Gresham
Rent Specials
$1,599 - $1,804
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $1,804
Total Monthly Price
Varies
2 Bedroom Apartments Available Now

Aspire Gresham

2400 NE Red Sunset DrGresham, OR 97030
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Courtyard on Hogan
Studio to 2 Bedroom Apartments

Courtyard on Hogan

2755 NE Hogan DrGresham, OR 97030
Showing Results 1-27, Page 1 of 1

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 $1,149. 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$1,149
Park Place2 Bed 1 Bath Standard2BR,1BA$1,215
36M - SE Harlow - Troutdale1/11BR,1BA$1,345
Glacier ViewSundance1BR,1BA$1,400
Beavercreek Meadows2x22BR,2BA$1,450
Eastwood ApartmentsType B1BR,1BA$1,499
Hampton Heights2x12BR,1BA$1,595
Eagle Ridge on 2421 Bedroom 1 Bath1BR,1BA$1,595
Mountain Meadows1x11BR,1BA$1,598

Best Value Apartments for Rent in Springwater Hills, OR

As of May 09, 2026 the best value apartment in the Springwater Hills area is the $1.38 price per square foot 3 Bed 2 Bath Standard Model at Park Place in the in the Riverbend neighborhood starting from $1,435. The second greatest value Springwater Hills apartment is the 2 Bed 2 Bath Model at Aspire Gresham starting at $1,599 with a $1.62 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.
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Aspire Gresham2 Bed 2 Bath2BR,2BA$1.62
Hampton Heights2x12BR,1BA$1.64
Beavercreek Meadows2x22BR,2BA$1.53
Troutdale Terrace2 Bed - 1 Bath2BR,1BA$1.87
Mountain Meadows1x11BR,1BA$2.06
Fox Ridge ApartmentsPlan D - 1 bed 1 bath1BR,1BA$2.17
Eagle Ridge on 2421 Bedroom 1 Bath1BR,1BA$2.22
Glacier ViewSundance1BR,1BA$1.99
36M - SE Harlow - Troutdale1/11BR,1BA$1.92

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

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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Pet Friendly Lifestyle
Springwater Hills, Troutdale, OR

Ranked #2

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

Pet Friendliness Lifestyle Score

2.5
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 the Cheapest Studio apartment in Springwater Hills?

Currently the most affordable Cheap Studio Apartment in Springwater Hills is at Highland Park listed at $1,049.

How much is rent for a Cheap One Bedroom Springwater Hills Apartment?

The lowest price for a Cheap One Bedroom Springwater Hills Apartment is $1,079 at Highland Park.

What is the lowest price for a Cheap Two Bedroom Springwater Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Springwater Hills is starting from $1,205 at Highland Park.

What is the most affordable Springwater Hills Three Bedroom Apartment?

The best deal on a cheap Springwater Hills Three Bedroom Apartment rental is at Park Place and starts from $1,435.

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.

Helpful Local Expert Guides

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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

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

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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.