
Cheap Apartments for Rent in the Rockwood Neighborhood of Portland, OR from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rockwood 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
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 | $1,422 | $1,199 | $1,936 |
Rockwood 1 Bedroom Apartments | $1,560 | $1,195 | $2,070 |
Rockwood 2 Bedroom Apartments | $1,856 | $850 | $2,591 |
Rockwood 3 Bedroom Apartments | $2,026 | $1,341 | $2,992 |
Rockwood 4 Bedroom Apartments | $2,304 | $2,304 | $2,304 |
Browse Apartments in this Neighborhood
There are currently 4 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 April 16, 2025 the best value apartment in the Rockwood area is the $1.61 price per square foot 3BR/1.5BA Model at Patricia Anne in the in the Wilkes neighborhood starting from $1,850. The second greatest value Rockwood apartment is the 2 Bedroom, 2 Bath Model at East Park Place Apartments starting at $1,450 with a $1.38 price per square foot in the Wilkes 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. |
---|---|---|---|
Patricia Anne | 3BR/1.5BA | 3BR,1.5BA | $1.61 |
East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
Township Eastside | 2x2 Classic | 2BR,2BA | $1.55 |
East Stark Apartments | 3bd/2bth | 3BR,2BA | $1.80 |
Andrea Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.80 |
Windsor Manor Apartments | 2 Bedroom, 1 Bath sm | 2BR,1BA | $1.82 |
Cascade Firs | 2BR/1.0BA | 2BR,1BA | $1.79 |
Del Ray Apartments | 2BR/1.0BA | 2BR,1BA | $1.81 |
Eastwood | 2BR/1.0BA | 2BR,1BA | $1.81 |
Beavercrest | 2BR/1.0BA | 2BR,1BA | $1.82 |
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 $2,304.
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 3 regular apartments in Rockwood 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 Rockwood?
Cheap apartments in Rockwood have an average cost of $1,261 which is $1,043 cheaper than the average rent for all rentals in Rockwood.
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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