Cheap Apartments for Rent in 97232
76 rentals
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SPECIAL OFFERPET FRIENDLYTotal price$1,163 - $1,754/mo
Studio-2 Beds
1-2 BathsSullivan's Ridge | 1710 NE Multnomah St #1324,
Portland, OR 97232
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SPECIAL OFFERPET FRIENDLY$1,295 - $1,350/moStudio-1 Bed1 BathCentral Eastside Lofts | 111 NE 6th Ave #218,
Portland, OR 97232
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SPECIAL OFFERPET FRIENDLY$1,326 - $2,999/moStudio-3 Beds1-2 BathsGrant Park Village | 1656 NE 32nd Ave #453,
Portland, OR 97232
SPECIAL OFFERPET FRIENDLY$1,330 - $2,187/moStudio-2 Beds1 BathQuimby at the Village | 1580 NE 32nd Ave #419,
Portland, OR 97232
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SPECIAL OFFERPET FRIENDLY$1,355 - $2,963/moStudio-2 Beds1-2 BathsThe Strauss on Burnside | 77 NE Grand Ave #413,
Portland, OR 97232
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,389 - $2,684/moStudio-2 Beds1-2 BathsDenizen OR | 2050 NE Hoyt St #522,
Portland, OR 97232
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SPECIAL OFFERPET FRIENDLY$1,441 - $2,226/moStudio-2 Beds1-2 BathsThe Merrick | 1231 NE Martin Luther King Jr Blvd #213,
Portland, OR 97232
PET FRIENDLY$1,485 - $2,206/moStudio-1 Bed1 BathHassalo on Eighth | 1061 NE 9th Ave #9530addeb,
Portland, OR 97232
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Average Rent Trends in 97232
Rent in 97232 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,495 |
| Jul 2025 | $1,592 |
| Aug 2025 | $1,550 |
| Sep 2025 | $1,653 |
| Oct 2025 | $1,695 |
| Nov 2025 | $1,790 |
| Dec 2025 | $1,568 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,595 |
| Mar 2026 | $1,499 |
| Apr 2026 | $1,535 |
| May 2026 | $1,683 |
Average Rent By Bedroom and Home Type
In May 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 | $1,542 | $2,095 | $3,095 | $3,895 | $1,684 |
| Townhomes | — | — | $2,750 | — | $2,750 |
| Apartments and Condos | $1,350 | $1,795 | $6,137 | — | $1,695 |
| Houses | — | $1,795 | $3,295 | $3,895 | $3,095 |
Frequently Asked Questions about Rentals in 97232
- What is the average rent in 97232?The average rent in 97232 is $1,684. Rent prices range from $895 to as much as $13,428, depending on the type of rental.
- How does the rent in 97232 compare to the national average?Average rent in 97232 is about 12% lower than the national average rent of $1,910. That means it is less expensive to rent in 97232 compared to the U.S. average.
- What is the average rent in 97232, by number of bedrooms?The average rent in 97232 is $1,294 for a studio, $1,542 for a 1 bedroom, $2,095 for a 2 bedroom, $3,095 for a 3 bedroom, and $3,895 for a 4 bedroom.
- How have rent prices in 97232 changed compared to last year?In the past year, the average rent price in 97232 has increased by $92. That means the average rent is 5% higher than last year.
- How many available rental listings are in 97232?There are 75 available rental listings in 97232.
- What are some cities near 97232?Some nearby cities include: Portland, Raleigh Hills, West Slope, Garden Home-Whitford, Milwaukie, Metzger. These cities may have more rental options to explore.