Cheap Apartments for Rent in the Multnomah Village Neighborhood of Portland, OR from $1,000 (39 Rentals)

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

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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Tree Hill Commons
1 Bedroom Apartments

Tree Hill Commons

4004-4050 SW Beaverton Hillsdale HwyPortland, OR 97221
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Ivy Tree
1 to 2 Bedroom Apartments

Ivy Tree

2302-2418 SW Dolph CtPortland, OR 97219
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Vista Manor
1 Bedroom Apartments

Vista Manor

1430 SW Moss StPortland, OR 97219
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Timberlee Apartments
1 to 2 Bedroom Apartments

Timberlee Apartments

5131 SW 38th PlPortland, OR 97221
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MADISON
2 Bedroom Apartments

MADISON

8630 SW Barbur BlvdPortland, OR 97219
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Shadow Hills
1 to 3 Bedroom Apartments

Shadow Hills

2040 SW Vermont StPortland, OR 97219
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Village 35
1 Bedroom Apartments

Village 35

7938 SW 35th AvePortland, OR 97219
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The Woods
2 Bedroom Apartments

The Woods

2720 2722 Spring Garden SPortland, OR 97219
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Showing Results 1-39, Page 1 of 1

Multnomah Village, Portland, OR Local Guide

Cheapest Available Multnomah Village Apartments for Rent

 

The cheapest available apartment rental in the Multnomah Village area of Portland, OR is a Studio unit found at Sanctuary Apartments priced from $1,150. Churchill Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable Multnomah Village apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Sanctuary ApartmentsHamilton DStudio,1BA$1,150
Churchill Gardens Apartments2731x11BR,1BA$1,220
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,245
West Hills Terrace ApartmentsBottom Floor 1x11BR,1BA$1,250
TreeHouseStudioStudio,1BA$1,275
Terwilliger1 x 11BR,1BA$1,300
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,325
Pickett Park1BR/1.0BA1BR,1BA$1,350
Hillsdale HeightsTYPE "A"1BR,1BA$1,350
Grace Manor Apartments2bd1bth2BR,1BA$1,350

Best Value Apartments for Rent in Multnomah Village, OR

As of March 26, 2025 the best value apartment in the Multnomah Village 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 Multnomah Village apartment is the 6219 SW 21st Ave Model at 6219 SW 21st Ave, Unit B starting at $1,600 with a $1.73 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grace Manor Apartments3bd1bth3BR,1BA$1.80
6219 SW 21st Ave, Unit B6219 SW 21st Ave1BR,1BA$1.73
Hillsdale HeightsTYPE "A"1BR,1BA$1.67
Shadow Hills1 Bed 1 Bath1BR,1BA$1.84
Terwilliger1 x 11BR,1BA$1.73
2222 Apartments2BR/1.5BA2BR,1.5BA$2.05
West Hills Terrace ApartmentsBottom Floor 1x11BR,1BA$1.83
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$2.08
Churchill Gardens Apartments2731x11BR,1BA$2.03
2121 Multnomah1x1R1BR,1BA$2.46

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Pet Friendly Lifestyle
Multnomah Village, Portland, OR

Ranked #92

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Multnomah Village, Portland, OR

School data provided by Great Schools

Best Local Schools in
Multnomah Village, Portland, OR

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 $1,150.

How much is rent for a Cheap One Bedroom Multnomah Village Apartment?

The lowest price for a Cheap One Bedroom Multnomah Village Apartment is $1,220 at Churchill Gardens Apartments.

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 $1,350 at Grace Manor 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.

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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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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.

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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.

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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.