Cheap Apartments for Rent in 97203
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,029 - $1,599/mo
Studio-2 Beds
1-2 BathsLouis York Apartments | 9000 N Ivanhoe St,
Portland, OR 97203
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SPECIAL OFFERPET FRIENDLY$1,450 - $1,675/mo1-2 Beds1 BathHarrison Square Apartments | 8937 N Westanna Ave,
Portland, OR 97203
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Average Rent Trends in 97203
Rent in 97203 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,615 |
| Nov 2025 | $1,666 |
| Dec 2025 | $1,795 |
| Jan 2026 | $1,666 |
| Feb 2026 | $1,700 |
| Mar 2026 | $1,665 |
| Apr 2026 | $1,606 |
| May 2026 | $1,800 |
| Jun 2026 | $1,816 |
| Jul 2026 | $1,575 |
| Aug 2026 | $1,698 |
| Sep 2026 | $1,725 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,375 | $1,675 | $2,695 | $2,773 | $1,594 |
| Townhomes | $1,565 | $2,200 | $2,500 | $2,817 | $2,200 |
| Apartments and Condos | $1,313 | $1,470 | $2,290 | $2,835 | $1,465 |
| Houses | $545 | $2,350 | $2,750 | $3,150 | $2,695 |
Frequently Asked Questions about Rentals in 97203
- What is the average rent of an apartment in 97203?The average rent of an apartment in 97203 is $1,662 per month. This is about 15% lower than the national average.
- What are the cheapest months to find an apartment to rent in 97203?Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $1,615 per month.
- How many cheap apartments are available in 97203?There are 56 apartments to rent that are cheaper than the city’s average rent of $1,594.
- When is the average rent most expensive in 97203?In the last year, the average rent in 97203 was highest in Jan 2025 when it was $1,950 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97203?The average rent of a 1 bedroom apartment in 97203 is $1,375 per month. That is about $225 more than the cost of a studio apartment.
- What are some cities near 97203?Some nearby cities include: Portland, Rockcreek, West Slope, Vancouver, Raleigh Hills, Garden Home-Whitford. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 97203 - 167 Rentas | Trulia