Cheap Apartments for Rent in 97212
61 rentals
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Use arrow keys to navigateINCOME RESTRICTED$1,051 - $1,819/mo
1-3 Beds
1-2 BathsThe Magnolia Apartments | 3250 NE Martin Luther King Jr Blvd,
Portland, OR 97212
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Use arrow keys to navigate- Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLYFURNISHED
Use arrow keys to navigatePET FRIENDLY$1,265 - $1,625/moStudio-2 Beds1 BathMonroe Street Apartments | 3035 NE Martin Luther King Jr Blvd,
Portland, OR 97212
PET FRIENDLYINCOME RESTRICTED
PET FRIENDLYINCOME RESTRICTED
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
$1,425 - $1,475/mo1-2 Beds1-2 BathsApply the same day you view and receive the first month free rent on a 13-month lease | 3225 NE Martin Luther King Blvd,
Portland, OR 97212
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
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APPLY INSTANTLYPET FRIENDLYFURNISHED
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLYFURNISHED
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLYFURNISHED
PET FRIENDLYFURNISHED
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
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Average Rent Trends in 97212
Rent in 97212 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 Oct 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,169 |
| Nov 2025 | $2,005 |
| Dec 2025 | $1,850 |
| Jan 2026 | $2,150 |
| Feb 2026 | $1,931 |
| Mar 2026 | $1,755 |
| Apr 2026 | $1,795 |
| May 2026 | $1,800 |
| Jun 2026 | $2,127 |
| Jul 2026 | $1,989 |
| Aug 2026 | $2,293 |
| Sep 2026 | $2,495 |
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 | $1,546 | $1,850 | $2,995 | $3,782 | $1,999 |
| Townhomes | — | $2,695 | $2,495 | $2,673 | $2,495 |
| Apartments and Condos | $1,550 | $1,999 | $3,850 | — | $1,899 |
| Houses | $3,200 | $2,600 | $3,349 | $4,000 | $3,600 |
Frequently Asked Questions about Rentals in 97212
- What is the average rent of an apartment in 97212?The average rent of an apartment in 97212 is $1,606 per month. This is about 18% lower than the national average.
- What are the cheapest months to find an apartment to rent in 97212?Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,675 per month.
- How many cheap apartments are available in 97212?There are 29 apartments to rent that are cheaper than the city’s average rent of $1,999.
- When is the average rent most expensive in 97212?In the last year, the average rent in 97212 was highest in Oct 2025 when it was $2,169 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97212?The average rent of a 1 bedroom apartment in 97212 is $1,546 per month. That is about $281 more than the cost of a studio apartment.
- What are some cities near 97212?Some nearby cities include: Portland, Raleigh Hills, West Slope, Garden Home-Whitford, Milwaukie, Metzger. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 97212 - 76 Rentas | Trulia