Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, OR from $900 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Crestwood area of Portland.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Garden Home 1
1 Bedroom Apartments

Garden Home 1

7164 SW Oleson RdPortland, OR 97223
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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

9863 SW 35th DrPortland, OR 97219
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Village Manor Apartments
1 to 3 Bedroom Apartments

Village Manor Apartments

6761 SW Garden Home RdPortland, OR 97223
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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LuDon Apartments
2 to 3 Bedroom Apartments

LuDon Apartments

4501-4537 SW Luradel StPortland, OR 97219
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Ivy Tree
1 to 2 Bedroom Apartments

Ivy Tree

2302-2418 SW Dolph CtPortland, OR 97219
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Multnomah Woods
2 Bedroom Apartments

Multnomah Woods

5241-5409 SW Multnomah BlvdPortland, OR 97219
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Vista Manor
1 Bedroom Apartments

Vista Manor

1430 SW Moss StPortland, OR 97219

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Garden Cottage
1 Bedroom Apartments

Garden Cottage

7202-7246 SW Garden Home RdPortland, OR 97223
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Shadow Hills
1 to 3 Bedroom Apartments

Shadow Hills

2040 SW Vermont StPortland, OR 97219
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nilld02
2 Bedroom Apartments

nilld02

6627-6645 SW Terri CtPortland, OR 97225
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JANEWOOD WEST
1 Bedroom Apartments

JANEWOOD WEST

10800 SW Barbur BlvdPortland, OR 97219
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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

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Village 35
1 Bedroom Apartments

Village 35

7938 SW 35th AvePortland, OR 97219
Showing Results 1-50, Page 1 of 2

Crestwood, Portland, OR Local Guide

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 Ridgeview Terrace priced from $1,200. Asher Park Apartments 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 ListingModel NameBed/BathPriced From
Ridgeview Terrace1x11BR,1BA$1,200
Asher Park ApartmentsOne-Bedroom1BR,1BA$1,200
Churchill Gardens Apartments2731x11BR,1BA$1,220
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248
Capital Park1 bed-1 bath1BR,1BA$1,250
Quail Ridge Apartments1 Bedroom, 1 Bath1BR,1BA$1,250
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,295
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,320
Woodlake Apartments1 Bedroom1BR,1BA$1,345

Best Value Apartments for Rent in Crestwood, OR

As of May 15, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Capital Park2 bed 2 bath2BR,2BA$1.85
2222 Apartments2BR/2.0BA2BR,2BA$1.67
nilld022BR/1.0BA2BR,1BA$1.42
Gatehouse Apartments2x22BR,2BA$1.72
Tigard York2x1L2BR,1BA$1.66
Hillsdale HeightsTYPE "A"1BR,1BA$1.67
Quail Ridge Apartments2 Bedroom, 1 Bath Large2BR,1BA$1.79
Cedar Lane and Garden GlenGarden Glen 2x1 776 sq. ft.2BR,1BA$1.84
Carleton Terrace Apartments2 Bed 1 Bath2BR,1BA$1.81

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
Crestwood, Portland, OR

Ranked #51

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Crestwood, Portland, OR

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 a cheap apartment in Crestwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Crestwood is under $1,345.

What is the price of a cheap apartment in Crestwood?

The cheapest apartment in Crestwood is Ridgeview Terrace which is listed at $1,200, while the average apartment in Crestwood costs $4,500.

What types of apartments are the cheapest in Crestwood?

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 13 regular apartments in Crestwood 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 Crestwood?

Cheap apartments in Crestwood have an average cost of $236 which is $4,264 cheaper than the average rent for all rentals in Crestwood.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.