Cheap Apartments for Rent in 97201
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SPECIAL OFFERPET FRIENDLYTotal price$1,390 - $2,485/mo
Studio-2 Beds
0-2 BathsTanner Flats | 2004 SW Jefferson St,
Portland, OR 97201
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Average Rent Trends in 97201
Rent in 97201 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,921 |
| Oct 2025 | $1,800 |
| Nov 2025 | $1,795 |
| Dec 2025 | $1,711 |
| Jan 2026 | $1,699 |
| Feb 2026 | $1,762 |
| Mar 2026 | $1,600 |
| Apr 2026 | $1,656 |
| May 2026 | $1,567 |
| Jun 2026 | $1,562 |
| Jul 2026 | $1,654 |
| Aug 2026 | $1,608 |
Average Rent By Bedroom and Home Type
In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,450 | $2,195 | $4,065 | $6,499 | $1,650 |
| Townhomes | $1,771 | $1,250 | — | — | $1,250 |
| Apartments and Condos | $1,495 | $2,195 | — | $10,815 | $1,995 |
| Houses | $1,250 | — | $6,200 | $4,999 | $6,163 |
Frequently Asked Questions about Rentals in 97201
- What is the average rent of an apartment in 97201?The average rent of an apartment in 97201 is $1,564 per month. This is about 20% lower than the national average.
- When is the average rent cheapest in 97201?In the last year, the average rent in 97201 was lowest in Jun 2025 when it was $1,623 per month.
- When is the average rent most expensive in 97201?In the last year, the average rent in 97201 was highest in Sep 2025 when it was $1,921 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97201?The average rent of a 1 bedroom apartment in 97201 is $1,450 per month. That is about $383 more than the cost of a studio apartment.
- How many available rental listings are in 97201?There are 96 available rental listings in 97201.
- What are some cities near 97201?Some nearby cities include: Portland, Raleigh Hills, West Slope, Garden Home-Whitford, Metzger, Milwaukie. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 97201 - 354 Rentas | Trulia