Cheap Apartments for Rent in 97218
39 rentals
- NEW - 15 HRS AGO
- NEW - 2 DAYS AGOPET FRIENDLY
- PET FRIENDLY$1,195 - $2,045/moStudio-2 Beds1 BathPrescott Park Apartments | Brand-New Studio, 1 & 2 Bedroom Homes | 4381 NE Prescott St,
Portland, OR 97218 - SPECIAL OFFERPET FRIENDLY
- $1,299 - $1,999/mo1-3 Beds1-2 Baths0174-06PP Lindsey Anne Apartments | 5702-5710 NE Prescott St,
Portland, OR 97218 Save Search in 97218
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Apartments For Rent Near 97218
We found 30 more apartments matching your filters just outside 97218
- ROOM FOR RENT
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- PET FRIENDLYROOM FOR RENT
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- NEW - 19 HRS AGOAPPLY INSTANTLYPET FRIENDLY
- Total price$1,199 - $1,950/moStudio-2 Beds1-2 BathsCassi Apartments | 1650 NE Killingsworth St,
Portland, OR 97211 - $1,295 - $1,550/mo1-2 Beds1-2 BathsThe Heights at Columbia Knoll Senior Living Apartments | 8320 NE Sandy Blvd,
Portland, OR 97220 - $1,420 - $1,720/mo2-3 Beds2 BathsTerrace At Columbia Knoll Apartments | 8212 NE Sandy Blvd,
Portland, OR 97220 - $1,425 - $1,450/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
Average Rent Trends in 97218
Rent in 97218 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,750 |
| Dec 2025 | $2,095 |
| Jan 2026 | $2,100 |
| Feb 2026 | $2,100 |
| Mar 2026 | $1,795 |
| Apr 2026 | $1,795 |
| May 2026 | $1,695 |
| Jun 2026 | $1,695 |
| Jul 2026 | $1,650 |
| Aug 2026 | $1,500 |
| Sep 2026 | $1,925 |
| Oct 2026 | $1,767 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,210 | $1,699 | $2,500 | $2,645 | $1,699 |
| Townhomes | $2,650 | $2,000 | $2,495 | $2,645 | $2,495 |
| Apartments and Condos | $1,100 | $1,695 | $1,600 | — | $1,695 |
| Houses | $1,025 | $1,370 | $2,880 | $5,000 | $2,322 |
Frequently Asked Questions about Rentals in 97218
- What is the average rent of an apartment in 97218?The average rent of an apartment in 97218 is $1,452 per month. This is about 25% lower than the national average.
- What are the cheapest months to find an apartment to rent in 97218?Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,495 per month.
- How many cheap apartments are available in 97218?There are 18 apartments to rent that are cheaper than the city’s average rent of $1,699.
- When is the average rent most expensive in 97218?In the last year, the average rent in 97218 was highest in Jan 2025 when it was $2,095 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97218?The average rent of a 1 bedroom apartment in 97218 is $1,210 per month. That is about $65 less than the cost of a studio apartment.
- What are some cities near 97218?Some nearby cities include: Portland, Vancouver, Fairview, Wood Village, Happy Valley, Raleigh Hills. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 97218 - 173 Rentas | Trulia