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Cheap Apartments for Rent in the Rockwood Neighborhood of Portland, OR from $500 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rockwood area of Portland.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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.
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Rockwood, Portland, OR Local Guide
How much does it cost to rent an apartment in Rockwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rockwood Studio Apartments | $1,403 | $1,195 | $1,475 |
| Rockwood 1 Bedroom Apartments | $1,620 | $1,350 | $2,017 |
| Rockwood 2 Bedroom Apartments | $1,906 | $1,250 | $3,138 |
| Rockwood 3 Bedroom Apartments | $2,086 | $1,341 | $2,992 |
| Rockwood 4 Bedroom Apartments | $2,447 | $2,447 | $2,447 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Rockwood Neighborhood of Portland, OR.
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Best Value Apartments for Rent in Rockwood, OR
As of May 13, 2025 the best value apartment in the Rockwood area is the $1.38 price per square foot 2 Bedroom, 2 Bath Model at East Park Place Apartments in the in the Wilkes neighborhood starting from $1,450. The second greatest value Rockwood apartment is the 3 Bedroom, 2 Bath Model at Andrea Place Apartments starting at $1,940 with a $1.86 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Rockwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Andrea Place Apartments | 3 Bedroom, 2 Bath | 3BR,2BA | $1.86 |
| East Stark Apartments | 3bd/2bth | 3BR,2BA | $1.80 |
| 1855 SE 162nd Ave, Unit 1855 | 1855 SE 162nd Ave | 2BR,1BA | $1.58 |
| Windsor Manor Apartments | 2 Bedroom, 1 Bath sm | 2BR,1BA | $1.82 |
| Cascade Firs | 2BR/1.0BA | 2BR,1BA | $1.79 |
| Eastwood | 2BR/1.0BA | 2BR,1BA | $1.81 |
| Emerald Grove Apartments EGA-162 | 2x1 | 2BR,1BA | $1.87 |
| Beavercrest | 2BR/1.0BA | 2BR,1BA | $1.82 |
| Rockwood Village Apartments | 1 Bedroom x 1 Bathroom | 1BR,1BA | $1.93 |
Getting Around the Rockwood Neighborhood in Portland, OR
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
78 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
59 / 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 Rockwood Apartments
What is a cheap apartment in Rockwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rockwood is under $1,450.
What is the price of a cheap apartment in Rockwood?
The cheapest apartment in Rockwood is Alder Royal Apartments which is listed at $1,150, while the average apartment in Rockwood costs $2,447.
What types of apartments are the cheapest in Rockwood?
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 2 regular apartments in Rockwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.