Cheap Apartments for Rent in Oakland, OR from $500 (12 Rentals)

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

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Oakland, OR Local Guide

Cheapest Available Oakland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakland, OR is a 4 Beds unit found at The Soto in the Laurel Hill Valley neighborhood priced from $975. Prospect Park Apartments in the Far West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,085. Here is today’s list of the most affordable Oakland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The SotoW4x24BR,2BA$975
Prospect Park Apartments1 Bed, 1 bath1BR,1BA$1,085
Eugene Manor0BR/1.0BAStudio,1BA$1,095
Ferry Street Flats - Historical AccessStudio - CStudio,1BA$1,160
Woodland Creek1x11BR,1BA$1,165

Best Value Apartments for Rent in Oakland, OR and Nearby

As of March 26, 2025 the best value apartment in the Oakland area is the $1.64 price per square foot A-1 / with attached garage Model at Somerset Villas in the in the Far West neighborhood starting from $1,850. The second greatest value Oakland apartment is the Two Bedroom Model at Oak Springs starting at $1,450 with a $1.46 price per square foot . Here is today’s list of the best values for Oakland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset VillasA-1 / with attached garage2BR,2BA$1.64
Oak SpringsTwo Bedroom2BR,2BA$1.46
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1.5BA$1.38
Parkgrove Apartments2 Bedroom 1 Bath2BR,1BA$1.52
The Bailey At Amazon CreekGable1BR,1BA$1.76
13th & Olive ApartmentsB12BR,2BA$1.05
Heron Meadows1Bed 1Bath1BR,1BA$1.79
Z_North Slope Village2 Bedrooms 1 Bathroom2BR,1BA$0.78
Prospect Park Apartments1 Bed, 1 bath1BR,1BA$1.45
Arena District Apartments2BR/1BA2BR,1BA$1.78

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Best Local Schools in
Oakland, OR

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Getting Around Oakland, OR

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oakland Apartments

What is the Cheapest Studio apartment in Oakland?

Currently the most affordable Cheap Studio Apartment in Oakland is at Eugene Manor listed at $1,095.

How much is rent for a Cheap One Bedroom Oakland Apartment?

The lowest price for a Cheap One Bedroom Oakland Apartment is $1,085 at Prospect Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oakland is starting from $582 at Z_North Slope Village.

What is the most affordable Oakland Three Bedroom Apartment?

The best deal on a cheap Oakland Three Bedroom Apartment rental is at The Soto and starts from $1,135.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.