Cheap Homes for Rent in Forest Park Neighborhood of Portland, OR from $800 (13 Rentals)

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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

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

property at 650 SW 150th Ave

650 SW 150th Ave

BeavertonOR97006

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 Central Chalet Apartments priced from $1,100. Bridgeview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,106. Here are the most affordable Forest Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Central Chalet Apartments1BR 1 Bath1BR,1BA$1,100
Bridgeview ApartmentsOne Bedroom1BR,1BA$1,106
Rock Creek 185E1Studio,1BA$1,108
Ivanhoe (1 & 2)StudioStudio,1BA$1,125
Cathedral VillageStudioStudio,1BA$1,187

Best Value Apartments for Rent in Forest Park, OR

As of March 23, 2025 the best value apartment in the Forest Park area is the $1.73 price per square foot 15128 NW Twoponds Dr Model at 15128 NW Twoponds Dr in the in the Northwest Portland neighborhood starting from $2,700. 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.
15128 NW Twoponds Dr15128 NW Twoponds Dr4BR,2.5BA$1.73
Evanbrook Apartments2 bed 2 bath2BR,2BA$1.71
Jasper Place by Trion Living2x22BR,2BA$1.90
Jasper Square by Trion Living2x22BR,2BA$1.94
9230 North Saint Louis Avenue, Unit 92309230 North Saint Louis Avenue2BR,1BA$1.61
Somerset West2BR/1.0BA2BR,1BA$1.89
Meadows at Heron CreekCypress2BR,1BA$1.95
Sir Charles Court1 Bed 1 Bath1BR,1BA$1.93
Bridgeview ApartmentsOne Bedroom1BR,1BA$1.60
Central Chalet Apartments1BR 1 Bath1BR,1BA$1.69

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Frequently Asked Questions about Forest Park

What type of rentals are currently available in Forest Park?

There are currently 272 Apartments for Rent in Forest Park, OR with pricing that ranges from $1,100 to $4,978. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Park ranging from $800 to $8,500.

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 $800 to $8,500 with an average monthly rent of $2,914.

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 What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.