
Cheap Apartments for Rent in the Multnomah Neighborhood of Portland, OR from $1,000 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Multnomah area of Portland.


Allen Creek Apartments

3200-3236 SW Marigold St

The Maples

2222 Apartments

MADISON

Grace Manor Apartments

1919 SW Spring Garden St, Unit 3
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.

8417 SW 24th Ave

linc245 Apartments

2121 Multnomah

Multnomah Station

Timber Terrace Apartments XB-YY21
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, Portland, OR Local Guide

How much does it cost to rent an apartment in Multnomah?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Multnomah Studio Apartments | $1,819 | $1,205 | $7,179 |
Multnomah 1 Bedroom Apartments | $1,872 | $1,245 | $6,820 |
Multnomah 2 Bedroom Apartments | $2,603 | $1,325 | $10,000+ |
Multnomah 3 Bedroom Apartments | $2,235 | $1,625 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Multnomah Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Cheapest Available Multnomah Apartments for Rent
 The cheapest available apartment rental in the Multnomah area of Portland, OR is a 1 Bed unit found at 8417 SW 24th Ave priced from $1,245. Allen Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable Multnomah apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
Allen Creek Apartments | 1 Bedroom | 1BR,1BA | $1,275 |
The Maples | 1Bedroom 1 Bath | 1BR,1BA | $1,300 |
2222 Apartments | 1BR/1.5BA | 1BR,1BA | $1,300 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Multnomah, OR
As of April 20, 2025 the best value apartment in the Multnomah area is the $1.84 price per square foot Three Bedroom Model at 6960 SW Canyon Rd in the in the Northwest Portland neighborhood starting from $2,700. The second greatest value Multnomah 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 apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6960 SW Canyon Rd | Three Bedroom | 3BR,2BA | $1.84 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Courtside Apartments | Two Bedroom Renovated | 2BR,2BA | $1.84 |
Barbur Place BP-675 | 2x1 | 2BR,1BA | $1.99 |
Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.88 |
1919 SW Spring Garden St, Unit 3 | 1919 SW Spring Garden St | 2BR,1BA | $1.72 |
Timber Terrace Apartments XB-YY21 | 2X1 | 2BR,1BA | $1.93 |
The Maples | 1Bedroom 1 Bath Den | 1BR,1BA | $1.89 |
Hilltop House | 1 bedroom 1 bath large | 1BR,1BA | $1.96 |
Allen Creek Apartments | 1 Bedroom | 1BR,1BA | $2.06 |
Getting Around the Multnomah Neighborhood in Portland, OR
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
39 / 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 Multnomah Apartments
How much is rent for a Cheap One Bedroom Multnomah Apartment?
The lowest price for a Cheap One Bedroom Multnomah Apartment is $1,245 at 8417 SW 24th Ave.
What is the lowest price for a Cheap Two Bedroom Multnomah Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Multnomah is starting from $1,350 at Grace Manor Apartments.
What is the most affordable Multnomah Three Bedroom Apartment?
The best deal on a cheap Multnomah Three Bedroom Apartment rental is at Allen Creek Apartments and starts from $1,625.
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.

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.

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.