Cheap Apartments for Rent in 97201
77 rentals
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
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NEW - 59 MIN AGOPET FRIENDLYFURNISHEDINCOME RESTRICTED$1,005 - $1,264/mo
1-2 Beds
1 BathAcqua Apartments - Student Affordable | 2615 S Water Ave #309,
Portland, OR 97201
PET FRIENDLY
PET FRIENDLY
NEW - 7 HRS AGOSPECIAL OFFERPET FRIENDLY$1,095 - $1,195/moStudio-1 Bed1 BathCambrian Apartments | 1129 SW Columbia St #33,
Portland, OR 97201
$1,099 - $1,895/moStudio-3 Beds0-1 BathGrandview Apartments | 1329 SW 14th Ave #102,
Portland, OR 97201
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,215 - $2,099/moStudio-2 Beds1-2 Baths11 Marche Apartments | 1115 SW Market St #211,
Portland, OR 97201
NEW - 2 DAYS AGOPET FRIENDLY
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SPECIAL OFFERPET FRIENDLY$1,314 - $2,365/moStudio-2 Beds1-2 BathsCollective on 4th | 1818 SW 4th Ave #6316094,
Portland, OR 97201
SPECIAL OFFERPET FRIENDLYTotal price$1,320 - $1,421/moStudio-1 Bed1 BathTanner Flats | 2004 SW Jefferson St #303,
Portland, OR 97201
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTEDTotal price$1,349 - $2,759/mo1 Bed1-2 BathsMuseum Place | 1030 SW Jefferson St #234,
Portland, OR 97201
NEW - 2 DAYS AGO
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SPECIAL OFFERPET FRIENDLYTotal price$1,377 - $1,959/moStudio-2 Beds1-2 BathsThe Cameron | 1500 SW 12th Ave #1-212,
Portland, OR 97201
SPECIAL OFFER
SPECIAL OFFERPET FRIENDLYTotal price$1,455 - $3,637/moStudio-3 Beds1-2 BathsCyan/PDX | 1720 SW 4th Ave #815,
Portland, OR 97201
PET FRIENDLY
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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 stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,695 |
| Aug 2025 | $1,816 |
| Sep 2025 | $1,921 |
| Oct 2025 | $1,800 |
| Nov 2025 | $1,795 |
| Dec 2025 | $1,711 |
| Jan 2026 | $1,699 |
| Feb 2026 | $1,765 |
| Mar 2026 | $1,600 |
| Apr 2026 | $1,659 |
| May 2026 | $1,567 |
| Jun 2026 | $1,562 |
Average Rent By Bedroom and Home Type
In July 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 | $1,495 | $2,204 | $2,950 | $6,499 | $1,595 |
| Townhomes | — | $1,300 | — | — | $1,300 |
| Apartments and Condos | $1,550 | $2,495 | — | $10,972 | $2,195 |
| Houses | — | $2,300 | $3,795 | $4,500 | $4,500 |
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 $1,618 per month. This is about 17% 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 $1,495 per month. That is about $429 more than the cost of a studio apartment.
- How many available rental listings are in 97201?There are 82 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 - 300 Rentas | Trulia