Cheap Homes for Rent in Forest Park Neighborhood of Portland, OR from $900 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Forest Park area of Portland.

property at 5130 N Yale St

5130 N Yale St

PortlandOR97203

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.

Read Article

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

Read Article
Showing Results 1-18, Page 1 of 1

Forest Park, Portland, OR Local Guide

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in the Forest Park area of Portland, OR is a 1 Bed unit found at Cedar Mill Apartments priced from $1,095. Central Chalet Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Forest Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Cedar Mill Apartments1BR/1.0BA1BR,1BA$1,095
Central Chalet Apartments1BR 1 Bath1BR,1BA$1,100
Bridgeview ApartmentsOne Bedroom1BR,1BA$1,106
Rock Creek 185E1Studio,1BA$1,171
Ivanhoe (1 & 2)StudioStudio,1BA$1,249

Best Value Apartments for Rent in Forest Park, OR

As of April 25, 2025 the best value apartment in the Forest Park area is the $1.88 price per square foot 2 Bed 2 Bath B Model at The Lakes in the in the Northwest Portland neighborhood starting from $2,050. The second greatest value Forest Park apartment is the 2 bed 2 bath Model at Evanbrook Apartments starting at $1,650 with a $1.71 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lakes2 Bed 2 Bath B2BR,2BA$1.88
Evanbrook Apartments2 bed 2 bath2BR,2BA$1.71
Jasper Square by Trion Living2x22BR,2BA$1.77
Somerset West2BR/1.0BA2BR,1BA$1.89
9230 North Saint Louis Avenue, Unit 92309230 North Saint Louis Avenue2BR,1BA$1.61
CEDAR MILL VILLAGE APARTMENTS2x12BR,1BA$1.99
The Melrose Apartments2 Bedroom2BR,1BA$1.75
ClermontA11BR,1BA$1.91
Bridgeview ApartmentsOne Bedroom1BR,1BA$1.60
Central Chalet Apartments1BR 1 Bath1BR,1BA$1.69

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Forest Park

What type of rentals are currently available in Forest Park?

There are currently 275 Apartments for Rent in Forest Park, OR with pricing that ranges from $735 to $4,419. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Park ranging from $925 to $6,499.

What is the current price range for Rental Homes in Forest Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Park ranges from $925 to $6,499 with an average monthly rent of $2,926.

How much are larger Three and Four Bedroom Rentals in Forest Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Park range from $1,599 to $4,419, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $3,300.

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

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.

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.