Cheap Apartments for Rent in the Southwest Portland Neighborhood of Portland, OR from $800 (85 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest Portland area of Portland.

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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 $958. The Fredrick has the second lowest priced unit, which is a Studio apartment currently listed from $1,020. Here are the most affordable Southwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Koz on 4thStudioStudio,1BA$958
The Fredrick0x1Studio,1BA$1,020
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1,099
MARQUAM MANOR APARTMENTS (MCM03)Studio ('01s,'02s,'03s,'04s,'08s,'09s)Studio,1BA$1,100
AcquaStudioStudio,1BA$1,125
Commons at Sylvan Canyon ApartmentsRidgeStudio,1BA$1,145
Quail Ridge ApartmentsStudio SmallStudio,1BA$1,175
The DouglasStudio IrvingStudio,1BA$1,184
Terwilliger1 x 11BR,1BA$1,199
Ridgeview Terrace1x11BR,1BA$1,200

Best Value Apartments for Rent in Southwest Portland, OR

As of May 16, 2025 the best value apartment in the Southwest Portland area is the $1.75 price per square foot 3 Bedroom, 1 Bathroom + 2, .5 Bathroom - Renovated Model at Tempo West Apartments in the in the Southwest Portland neighborhood starting from $2,295. The second greatest value Southwest Portland apartment is the 1035-1035A SW Woods St Model at 1035-1035A SW Woods St starting at $1,850 with a $1.54 price per square foot in the 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 Apartments3 Bedroom, 1 Bathroom + 2, .5 Bathroom - Renovated3BR,1.5BA$1.75
1035-1035A SW Woods St1035-1035A SW Woods St2BR,1BA$1.54
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Capital Park2 bed 2 bath2BR,2BA$1.85
2222 Apartments2BR/2.0BA2BR,2BA$1.67
Hillsdale HeightsTYPE "A"1BR,1BA$1.67
Greenbriar Village2 Bed 1 Bath2BR,1BA$1.89
Carleton Terrace Apartments2 Bed 1 Bath2BR,1BA$1.81
Terwilliger1 x 11BR,1BA$1.60
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1.64

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Southwest Portland, Portland, OR

Ranked #31

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

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 $1,200.

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 $6,599.

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 11 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 $147 which is $6,452 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.

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