Cheap Apartments for Rent in 97205
48 rentals
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Studio-1 Bed
1 BathThe Commodore Apartments | 1615 SW Morrison St,
Portland, OR 97205
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PET FRIENDLY$1,050 - $1,430/moStudio-1 Bed1 BathPortland Towers Apartments | 950 SW 21st Ave,
Portland, OR 97205
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SPECIAL OFFERPET FRIENDLYTotal price$1,710 - $8,630/moStudio-2 Beds1-3 BathsByline Apartments | 1640 SW Yamhill St,
Portland, OR 97205
SPECIAL OFFERPET FRIENDLY$1,710 - $9,316/moStudio-3 Beds1-4 BathsResidences at 11W | 1140 SW Washington St,
Portland, OR 97205
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Average Rent Trends in 97205
Rent in 97205 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 Dec 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,433 |
| Nov 2025 | $1,353 |
| Dec 2025 | $1,500 |
| Jan 2026 | $1,442 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,283 |
| Apr 2026 | $1,205 |
| May 2026 | $1,372 |
| Jun 2026 | $1,305 |
| Jul 2026 | $1,295 |
| Aug 2026 | $1,295 |
| Sep 2026 | $1,446 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,425 | $2,877 | $3,650 | $5,300 | $1,425 |
| Apartments and Condos | $1,295 | $4,600 | — | — | $1,850 |
| Houses | — | — | $3,650 | $5,300 | $5,300 |
Frequently Asked Questions about Rentals in 97205
- What is the average rent of an apartment in 97205?The average rent of an apartment in 97205 is $1,511 per month. This is about 22% lower than the national average.
- What are the cheapest months to find an apartment to rent in 97205?Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,195 per month.
- How many cheap apartments are available in 97205?There are 31 apartments to rent that are cheaper than the city’s average rent of $1,425.
- When is the average rent most expensive in 97205?In the last year, the average rent in 97205 was highest in Dec 2025 when it was $1,500 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97205?The average rent of a 1 bedroom apartment in 97205 is $1,425 per month. That is about $353 more than the cost of a studio apartment.
- What are some cities near 97205?Some nearby cities include: Portland, Raleigh Hills, West Slope, Garden Home-Whitford, Metzger, Lake Oswego. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 97205 - 259 Rentas | Trulia