Cheap Apartments for Rent in 97223
140 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,199 - $1,799/mo
1-3 Beds
1-2 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
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PET FRIENDLY$1,200 - $1,500/mo1-2 Beds1 BathPacific Village Apartments | 9655 SW McKenzie St,
Portland, OR 97223
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SPECIAL OFFERPET FRIENDLY$1,249 - $1,499/mo1-2 Beds1 BathManchester Square Apartments | 12625 SW Hall Blvd,
Portland, OR 97223
PET FRIENDLY$1,250 - $1,475/mo1-2 Beds1 BathGreenfield Village Apartments | 12085 SW 135th Ave,
Portland, OR 97223
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PET FRIENDLY$1,295 - $1,725/mo1-3 Beds1-2 BathsScholls Royal Apartments | 6500 SW Scholls Ferry Rd,
Portland, OR 97223
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PET FRIENDLY$1,325 - $1,595/mo1-2 Beds1 BathGeorgetown Manor Apartments | 9050 SW Washington Square Rd,
Portland, OR 97223
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SPECIAL OFFERPET FRIENDLYTotal price$1,339 - $2,763/moStudio-3 Beds1-2 BathsThe Overland | 11974 SW 72nd Ave,
Portland, OR 97223
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,395 - $1,945/mo1-3 Beds1 BathWestwood Green Apartments | 10650 SW 121st Ave,
Portland, OR 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 Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,096 |
| Nov 2025 | $2,100 |
| 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 |
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 | $1,379 | $1,650 | $2,532 | $3,200 | $1,800 |
| Townhomes | $1,995 | $2,495 | $2,595 | — | $2,495 |
| Apartments and Condos | $1,295 | $1,595 | $1,795 | $2,920 | $1,550 |
| Houses | $2,295 | $2,166 | $2,614 | $3,200 | $2,750 |
Frequently Asked Questions about Rentals in 97223
- What is the average rent of an apartment in 97223?The average rent of an apartment in 97223 is $1,553 per month. This is about 20% lower than the national average.
- What are the cheapest months to find an apartment to rent in 97223?Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,783 per month.
- How many cheap apartments are available in 97223?There are 80 apartments to rent that are cheaper than the city’s average rent of $1,800.
- When is the average rent most expensive in 97223?In the last year, the average rent in 97223 was highest in Sep 2025 when it was $2,178 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97223?The average rent of a 1 bedroom apartment in 97223 is $1,379 per month. That is about $39 less than the cost of a studio apartment.
- What are some cities near 97223?Some nearby cities include: Metzger, Tigard, Garden Home-Whitford, King City, Raleigh Hills, Durham. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 97223 - 747 Rentas | Trulia