
Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, OR from $900 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Crestwood area of Portland.


Multnomah Village Apartments

Village at Washington Square

Capital Park

11102-11130 SW 62nd Ave

3200-3236 SW Marigold St

2222 Apartments

MADISON

Woodlake
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

Grace Manor Apartments

Hillsdale Heights

1919 SW Spring Garden St, Unit 3

2121 Multnomah

Multnomah Station

Timber Terrace Apartments XB-YY21

One Jefferson

The Ridge at Mountain Park Apartments
Crestwood, Portland, OR Local Guide

How much does it cost to rent an apartment in Crestwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Crestwood Studio Apartments | $1,788 | $1,205 | $6,190 |
Crestwood 1 Bedroom Apartments | $1,936 | $1,175 | $6,388 |
Crestwood 2 Bedroom Apartments | $2,223 | $1,295 | $5,769 |
Crestwood 3 Bedroom Apartments | $2,886 | $1,731 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Crestwood Neighborhood of Portland, OR.
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Crestwood, Portland, OR Local Guide
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Cheapest Available Crestwood Apartments for Rent
 The cheapest available apartment rental in the Crestwood area of Portland, OR is a 1 Bed unit found at Cedar Lane and Garden Glen priced from $1,175. Ridgeview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Crestwood apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cedar Lane and Garden Glen | Garden Glen 1x1 592 sq. ft. | 1BR,1BA | $1,175 |
Ridgeview Terrace | 1x1 | 1BR,1BA | $1,200 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
Village at Washington Square | 1BDRM/1BATH | 1BR,1BA | $1,248 |
Capital Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
Shenandoah | One Bedroom | 1BR,1BA | $1,275 |
2222 Apartments | 1BR/1.5BA | 1BR,1BA | $1,300 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,325 |
Woodlake | 1 Bedroom | 1BR,1BA | $1,345 |
Hillsdale Heights | TYPE "A" | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Crestwood, OR
As of April 14, 2025 the best value apartment in the Crestwood area is the $1.80 price per square foot 3bd1bth Model at Grace Manor Apartments in the in the Far Southwest Portland neighborhood starting from $1,850. The second greatest value Crestwood apartment is the 2 bed 2 bath Model at Capital Park starting at $1,850 with a $1.85 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Crestwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Capital Park | 2 bed 2 bath | 2BR,2BA | $1.85 |
nilld02 | 2BR/1.0BA | 2BR,1BA | $1.53 |
Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
6219 SW 21st Ave, Unit B | 6219 SW 21st Ave | 1BR,1BA | $1.73 |
Tigard York | 2x1L | 2BR,1BA | $1.66 |
Churchill Gardens Apartments | 2732x1 | 2BR,1BA | $1.53 |
Hillsdale Heights | TYPE "A" | 1BR,1BA | $1.67 |
1919 SW Spring Garden St, Unit 3 | 1919 SW Spring Garden St | 2BR,1BA | $1.72 |
Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.84 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCrestwood, Portland, OR
Ranked #51
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Crestwood, Portland, OR
Lake Oswego Senior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Portland, Oregon. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Crestwood Neighborhood in Portland, OR
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
41 / 100
Some Transit
A few nearby public transportation options
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 Crestwood Apartments
What is the Cheapest Studio apartment in Crestwood?
Currently the most affordable Cheap Studio Apartment in Crestwood is at Multnomah Station listed at $1,474.
How much is rent for a Cheap One Bedroom Crestwood Apartment?
The lowest price for a Cheap One Bedroom Crestwood Apartment is $1,175 at Cedar Lane and Garden Glen.
What is the lowest price for a Cheap Two Bedroom Crestwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Crestwood is starting from $1,295 at fivec01.
What is the most affordable Crestwood Three Bedroom Apartment?
The best deal on a cheap Crestwood Three Bedroom Apartment rental is at Village at Washington Square and starts from $1,731.
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.

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.

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.

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.

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.