Cheap Apartments for Rent in 97223
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- SPECIAL OFFERPET FRIENDLY$1,199 - $1,799/mo1-3 Beds1-2 BathsPARK PLACE APARTMENTS - YOUR HOME IS HERE! - UP TO 6 WEEKS FREE! PLUS $99 OAC MOVE-IN SPECIAL! | 11555 SW 88th Ave,
Portland, OR 97223 - $1,200 - $1,500/mo1-2 Beds1 BathPacific Village Apartments | 9655 SW McKenzie St,
Portland, OR 97223 - $1,249 - $1,650/mo1-2 Beds1 BathManchester Square Apartments | 12625 SW Hall Blvd,
Portland, OR 97223 - $1,250 - $1,475/mo1-2 Beds1 BathGreenfield Village Apartments | 12085 SW 135th Ave,
Portland, OR 97223 - $1,275 - $1,595/mo1-2 Beds1 BathGeorgetown Manor Apartments | 9050 SW Washington Square Rd,
Portland, OR 97223 - $1,399 - $1,880/mo1-2 Beds1-2 BathsCarriage House Apartments | 8376 SW Pfaffle St,
Portland, OR 97223 - Total price$1,408 - $2,816/moStudio-3 Beds1-2 BathsThe Overland | 11974 SW 72nd Ave,
Portland, OR 97223 Save Search in 97223
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Average Rent Trends in 97223
Rent in 97223 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,973 |
| Jan 2026 | $1,895 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,633 |
| Apr 2026 | $1,711 |
| May 2026 | $1,812 |
| Jun 2026 | $1,832 |
| Jul 2026 | $1,800 |
| Aug 2026 | $1,888 |
| Sep 2026 | $1,829 |
| Oct 2026 | $1,800 |
| Nov 2026 | $1,765 |
Average Rent By Bedroom and Home Type
In November 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 | $1,395 | $1,671 | $2,518 | $3,295 | $1,779 |
| Townhomes | $1,995 | $2,395 | $2,545 | $6,112 | $2,500 |
| Apartments and Condos | $1,345 | $1,575 | $1,895 | — | $1,500 |
| Houses | $850 | $2,495 | $2,795 | $3,195 | $2,990 |
Frequently Asked Questions about Cheap Apartments for rent in 97223
- How many cheap apartments are for rent in 97223?Trulia currently lists 692 cheap apartments for rent in 97223.
- How much do cheap apartments in 97223 rent for?Rents for cheap apartments in 97223 range from $700 to $7,500 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in 97223, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in 97223?This page sorts apartments in 97223 from lowest rent up, starting at $700 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en 97223 - 674 Rentas | Trulia