
Cheap Apartments for Rent in the Springwater Hills Neighborhood of Troutdale, OR from $900 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Springwater Hills area of Troutdale.


Abigail Court - Student Housing

Highland Park

The Byway
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
Springwater Hills, Troutdale, OR Local Guide

How much does it cost to rent an apartment in Springwater Hills?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Springwater Hills Studio Apartments | $1,153 | $915 | $1,395 |
Springwater Hills 1 Bedroom Apartments | $1,511 | $1,132 | $1,920 |
Springwater Hills 2 Bedroom Apartments | $1,759 | $1,405 | $3,775 |
Springwater Hills 3 Bedroom Apartments | $2,041 | $1,726 | $2,575 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Springwater Hills Neighborhood of Troutdale, OR.
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Springwater Hills, Troutdale, OR Local Guide
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Cheapest Available Springwater Hills Apartments for Rent
 The cheapest available apartment rental in the Springwater Hills area of Portland, OR is a Studio unit found at Abigail Court - Student Housing priced from $915. Highland Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. Here are the most affordable Springwater Hills apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Abigail Court - Student Housing | Studio | Studio,1BA | $915 |
Highland Park | Studio A | Studio,1BA | $1,049 |
Troutdale Terrace | 1 Bed - 1 Bath | 1BR,1BA | $1,262 |
Best Value Apartments for Rent in Springwater Hills, OR
As of March 24, 2025 the best value apartment in the Springwater Hills area is the $1.92 price per square foot 2 BedroomD Model at 3rd Central in the in the Riverbend neighborhood starting from $2,020. The second greatest value Springwater Hills apartment is the 2 Bed 2 Bath Model at Sunpointe starting at $1,599 with a $1.62 price per square foot in the Riverbend neighborhood. Here is today’s list of the best values for Springwater Hills apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
3rd Central | 2 BedroomD | 2BR,2BA | $1.92 |
Sunpointe | 2 Bed 2 Bath | 2BR,2BA | $1.62 |
Aspire Gresham | 2 Bed 2 Bath | 2BR,2BA | $1.62 |
Hampton Heights | 2x1 | 2BR,1BA | $1.69 |
Campbell Park | Two Bedroom Townhome | 2BR,1BA | $1.86 |
Mountain Meadows | 1x1 | 1BR,1BA | $1.90 |
Eagle Ridge on 242 | 1 Bedroom 1 Bath | 1BR,1BA | $2.22 |
Troutdale Terrace | 1 Bed - 1 Bath | 1BR,1BA | $1.76 |
Halsey Crossing Apartments | 1BR/1.0BA | 1BR,1BA | $2.22 |
The Groves | 1x1 Classic | 1BR,1BA | $2.11 |
Quick Rent Budget Calculator
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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.
Pet Friendly LifestyleSpringwater Hills, Troutdale, OR
Ranked #2
Among neighborhoods in Troutdale, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Springwater Hills, Troutdale, OR
School data provided by Great Schools
Best Local Schools in Springwater Hills, Troutdale, OR
School data provided by Great Schools
Frequently Asked Questions about Cheap Springwater Hills Apartments
What is a cheap apartment in Springwater Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Springwater Hills is under $1,595.
What is the price of a cheap apartment in Springwater Hills?
The cheapest apartment in Springwater Hills is Highland Park which is listed at $1,132, while the average apartment in Springwater Hills costs $1,885.
What types of apartments are the cheapest in Springwater Hills?
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 322 regular apartments in Springwater Hills 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 Springwater Hills?
Cheap apartments in Springwater Hills have an average cost of $266 which is $1,619 cheaper than the average rent for all rentals in Springwater Hills.
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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