Cheap Homes for Rent in Powell Butte, OR from $1,400 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Powell Butte.

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.

Powell Butte, OR Local Guide

Cheapest Available Powell Butte Apartments for Rent and Nearby

 

The cheapest available apartment rental in Powell Butte, OR is a 1 Bed unit found at Parks on the Green Apartments in the Old Mill District neighborhood priced from $1,125. The Reserve @ Metolius has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Powell Butte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parks on the Green Apartments1 Bedroom 1 Bath1BR,1BA$1,125
The Reserve @ MetoliusThe Square @ Metolius - StudioStudio,1BA$1,350
Lakeside Place Apartments1ADStudio,1BA$1,560

Best Value Apartments for Rent in Powell Butte, OR and Nearby

As of April 19, 2025 the best value apartment in the Powell Butte area is the $1.55 price per square foot Spruce Model at Acapella Townhomes in the in the Old Mill District neighborhood starting from $2,395. The second greatest value Powell Butte apartment is the 2 Model at Westmount Luxury Apartment Homes starting at $2,295 with a $1.98 price per square foot . Here is today’s list of the best values for Powell Butte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Acapella TownhomesSpruce3BR,2.5BA$1.55
Westmount Luxury Apartment Homes21BR,1BA$1.98
Ridgeview HeightsFrontier2BR,2BA$1.62
The NestB22BR,2BA$2.05
Linden Lofts2 Bed2BR,2BA$1.71
Drexel Redmond Apartments2BR/1.5BA2BR,1.5BA$1.73
356 - Canal Vista3770 Canal Vista 2 Bed 2 Bath2BR,2BA$1.77
Stone Creek Apartments2 Bed/2 Bath2BR,2BA$1.87
Escena Apartments2 Bedroom 1 Bathroom Top Floor2BR,1BA$2.00
Parks on the Green Apartments1 Bedroom 1 Bath1BR,1BA$1.89

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Powell Butte

What type of rentals are currently available in Powell Butte?

There are currently 42 Apartments for Rent in Powell Butte, OR with pricing that ranges from $1,125 to $4,801. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Powell Butte ranging from $1,400 to $3,680.

What is the current price range for Rental Homes in Powell Butte?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Powell Butte ranges from $1,400 to $3,680 with an average monthly rent of $2,218.

How much are larger Three and Four Bedroom Rentals in Powell Butte?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Powell Butte range from $2,000 to $4,801, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $2,495.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.