Cheap Apartments for Rent in the Multnomah Village Neighborhood of Portland, OR from $1,000 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Multnomah Village area of Portland.

The Dylan

Hillsdale Heights

The Woods on Marquam Hill

Sanctuary Apartments

TreeHouse

West Hills Terrace Apartments

Terwilliger

Griffis South Waterfront

Pickett Park

1919 SW Spring Garden St, Unit 3
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

Multnomah Station

Holm at Sellwood

Spring Terrace Apartments

2121 Multnomah

Osprey

Multnomah Village Apartments

Grace Manor Apartments

2222 Apartments

Willamette Tower
Multnomah Village, Portland, OR Local Guide

How much does it cost to rent an apartment in Multnomah Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Multnomah Village Studio Apartments | $1,444 | $1,000 | $2,190 |
Multnomah Village 1 Bedroom Apartments | $1,921 | $1,175 | $4,882 |
Multnomah Village 2 Bedroom Apartments | $3,735 | $1,375 | $9,214 |
Multnomah Village 3 Bedroom Apartments | $3,723 | $2,050 | $7,270 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 1 mile radius of the Multnomah Village Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Multnomah Village, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Multnomah Village Apartments for Rent
 The cheapest available apartment rental in the Multnomah Village area of Portland, OR is a 1 Bed unit found at Hillsdale Heights priced from $1,150. Sanctuary Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,235. Here are the most affordable Multnomah Village apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hillsdale Heights | TYPE "A" | 1BR,1BA | $1,150 |
Sanctuary Apartments | Hamilton D | Studio,1BA | $1,235 |
Vista Manor | 1BR/1.0BA | 1BR,1BA | $1,245 |
TreeHouse | Studio | Studio,1BA | $1,275 |
Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $1,295 |
Terwilliger | 1 x 1 | 1BR,1BA | $1,300 |
Griffis South Waterfront | Columbia | Studio,1BA | $1,313 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,325 |
The Dylan | P-S1.1 | Studio,1BA | $1,327 |
Shadow Hills | 1 Bed 1 Bath | 1BR,1BA | $1,360 |
Best Value Apartments for Rent in Multnomah Village, OR
As of February 26, 2025 the best value apartment in the Multnomah Village area is the $1.76 price per square foot 6219 SW 21st Ave Model at 6219 SW 21st Ave, Unit 3 bedroom in the in the Southwest Portland neighborhood starting from $2,900. The second greatest value Multnomah Village apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,850 with a $1.80 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6219 SW 21st Ave, Unit 3 bedroom | 6219 SW 21st Ave | 3BR,2BA | $1.76 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Hillsdale Heights | TYPE "A" | 1BR,1BA | $1.43 |
Troy Street Condominiums | 2bd/1bth | 2BR,1BA | $1.94 |
Shadow Hills | 1 Bed 1 Bath | 1BR,1BA | $1.81 |
Terwilliger | 1 x 1 | 1BR,1BA | $1.73 |
Spring Terrace Apartments | 2BR 1 Bath | 2BR,1BA | $1.92 |
Vista Manor | 1BR/1.0BA | 1BR,1BA | $1.83 |
The Woods | 1 bedroom duplex | 1BR,1BA | $2.15 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.08 |
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.
Pet Friendly LifestyleMultnomah Village, Portland, OR
Ranked #84
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Multnomah Village, Portland, OR
Ida B. Wells-Barnett High School
School data provided by Great Schools
Best Local Schools in Multnomah Village, Portland, OR
Ida B. Wells-Barnett High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Multnomah Village Apartments
What is the Cheapest Studio apartment in Multnomah Village?
Currently the most affordable Cheap Studio Apartment in Multnomah Village is at Sanctuary Apartments listed at $1,235.
How much is rent for a Cheap One Bedroom Multnomah Village Apartment?
The lowest price for a Cheap One Bedroom Multnomah Village Apartment is $1,150 at Hillsdale Heights.
What is the lowest price for a Cheap Two Bedroom Multnomah Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Multnomah Village is starting from $1,400 at Spring Terrace Apartments.
What is the most affordable Multnomah Village Three Bedroom Apartment?
The best deal on a cheap Multnomah Village Three Bedroom Apartment rental is at Grace Manor Apartments and starts from $1,850.
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.

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.

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.