
Cheap Apartments for Rent in the Parkrose Heights Neighborhood of Portland, OR from $600 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkrose Heights area of Portland.


Buri Building

Glendoveer Woods Apartments

Traditions at Hazelwood a 55+ Community

TimberView

The Bria Apartments

Sagewood Estates

131-149-149 SE 151st Ave
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

Heights at Columbia Knoll Senior Apartments

Halsey Street Arms Apartments

Parkview Apartments - 55+

107th Apartments

Melrose Court Apartments

Darrin's Place Apartments

WyEast Plaza - Waitlist! No availability!!
Parkrose Heights, Portland, OR Local Guide

How much does it cost to rent an apartment in Parkrose Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkrose Heights Studio Apartments | $865 | $700 | $1,400 |
Parkrose Heights 1 Bedroom Apartments | $1,262 | $978 | $1,575 |
Parkrose Heights 2 Bedroom Apartments | $1,482 | $1,127 | $2,650 |
Parkrose Heights 3 Bedroom Apartments | $1,910 | $1,499 | $2,395 |
Parkrose Heights 4 Bedroom Apartments | $1,813 | $1,813 | $1,813 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Parkrose Heights Neighborhood of Portland, OR.
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Parkrose Heights, Portland, OR Local Guide
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Cheapest Available Parkrose Heights Apartments for Rent
 The cheapest available apartment rental in the Parkrose Heights area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $620. SM Multnomah Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $822. Here are the most affordable Parkrose Heights apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
MILEPOST 5 | SRO | Studio, | $620 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
JOHN JAMES | 0x1 | Studio,1BA | $925 |
Buri Building | Studio SIM | Studio,1BA | $934 |
Glendoveer Woods Apartments | Studio NO Washer & Dryer | Studio,1BA | $959 |
Traditions at Hazelwood a 55+ Community | One Bedroom One Bath (A1S) | 1BR,1BA | $995 |
TimberView | Studio | Studio,1BA | $999 |
The Bria Apartments | 1 Bed, 1 bath | 1BR,1BA | $999 |
Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Parkrose Heights, OR
As of April 08, 2025 the best value apartment in the Parkrose Heights area is the $1.67 price per square foot 3 Bedroom 2 Bath Model at Michael Manor Apartments in the in the Southeast Portland neighborhood starting from $1,950. The second greatest value Parkrose Heights apartment is the 3 bedroom Model at Plaza de Cedro starting at $1,267 with a $1.10 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Parkrose Heights apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Michael Manor Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.67 |
Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
Irish Moss Plaza Apartments | 3BR 1 Bath | 3BR,1BA | $1.38 |
Fern Grove | 3BR 1Bath | 3BR,1BA | $1.39 |
Gateway Plaza Apartments | 1BD, 1BTH 45% | 1BR,1BA | $1.44 |
Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
Ventura Park Plaza Apartments | 1BD, 1BTH | 1BR,1BA | $1.61 |
Vine Maple | 1BR 1Bath | 1BR,1BA | $1.60 |
MILEPOST 5 | SRO | Studio ,0.5BA | $1.46 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleParkrose Heights, Portland, OR
Ranked #71
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Parkrose Heights, Portland, OR
School data provided by Great Schools
Getting Around the Parkrose Heights Neighborhood in Portland, OR
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
53 / 100
Good Transit
Many 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 Parkrose Heights Apartments
What is a cheap apartment in Parkrose Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkrose Heights is under $1,075.
What is the price of a cheap apartment in Parkrose Heights?
The cheapest apartment in Parkrose Heights is SM Multnomah Manor which is listed at $822, while the average apartment in Parkrose Heights costs $1,847.
What types of apartments are the cheapest in Parkrose Heights?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 122 regular apartments in Parkrose Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parkrose Heights?
Cheap apartments in Parkrose Heights have an average cost of $862 which is $985 cheaper than the average rent for all rentals in Parkrose Heights.
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.

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.

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.