Cheap Apartments for Rent in the Southwest Portland Neighborhood of Portland, OR from $600 (99 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest Portland 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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Southwest Portland, Portland, OR Local Guide

Cheapest Available Southwest Portland Apartments for Rent

 

The cheapest available apartment rental in the Southwest Portland area of Portland, OR is a Studio unit found at Koz on 4th priced from $912. The Fredrick has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Southwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Koz on 4thStudioStudio,1BA$912
The Fredrick0x1Studio,1BA$1,000
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1,099
Sanctuary ApartmentsHamilton DStudio,1BA$1,150
WaterleafStudio-60%Studio,1BA$1,156
Commons at Sylvan Canyon ApartmentsRidgeStudio,1BA$1,175
AcquaStudioStudio,1BA$1,199
Churchill Gardens Apartments2731x11BR,1BA$1,220
Raleigh Firs1 bed 1 bath1BR,1BA$1,245
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,245

Best Value Apartments for Rent in Southwest Portland, OR

As of March 25, 2025 the best value apartment in the Southwest Portland area is the $1.58 price per square foot 4 Bedroom, 2 Bathroom Model at Tempo West Apartments in the in the Southwest Portland neighborhood starting from $2,495. The second greatest value Southwest Portland 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 Southwest Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tempo West Apartments4 Bedroom, 2 Bathroom4BR,2BA$1.58
Grace Manor Apartments3bd1bth3BR,1BA$1.80
6219 SW 21st Ave, Unit B6219 SW 21st Ave1BR,1BA$1.73
fivec012BR/1.0BA2BR,1BA$1.52
Downtown Living Starts At Lair Hill1x11BR,1BA$1.70
Hillsdale HeightsTYPE "A"1BR,1BA$1.67
Shadow Hills1 Bed 1 Bath1BR,1BA$1.84
Terwilliger1 x 11BR,1BA$1.73
West Hills Terrace ApartmentsBottom Floor 1x11BR,1BA$1.83
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1.64

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Pet Friendly Lifestyle
Southwest Portland, Portland, OR

Ranked #34

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southwest Portland, Portland, OR

School data provided by Great Schools

Best Local Schools in
Southwest Portland, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Southwest Portland, Portland, and the greater Portland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Portland Apartments

What is a cheap apartment in Southwest Portland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Portland is under $1,245.

What is the price of a cheap apartment in Southwest Portland?

The cheapest apartment in Southwest Portland is Park Avenue Gardens which is listed at $1,099, while the average apartment in Southwest Portland costs $2,711.

What types of apartments are the cheapest in Southwest Portland?

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 82 regular apartments in Southwest Portland 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 Southwest Portland?

Cheap apartments in Southwest Portland have an average cost of $104 which is $2,607 cheaper than the average rent for all rentals in Southwest Portland.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.