Cheap Apartments for Rent in 97233
98 rentals
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Use arrow keys to navigate$995 - $1,095/mo
1-2 Beds
1 Bath131 - 149 SE 151st Avenue Ascot Fir | 131 SE 151st Ave,
Portland, OR 97233
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PET FRIENDLYINCOME RESTRICTED
SPECIAL OFFERINCOME RESTRICTED
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
PET FRIENDLY$1,199 - $1,799/moStudio-2 Beds1-2 BathsWelcome to Burnside Bluffs Your New Urban Retreat! | 17528 E Burnside St,
Portland, OR 97233
INCOME RESTRICTED
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFER
SPECIAL OFFERPET FRIENDLY$1,278 - $2,150/mo1-3 Beds1-2 BathsWaverly Gardens Apartments | 20121 SE Stark St,
Portland, OR 97233
SPECIAL OFFERPET FRIENDLY
PET FRIENDLYINCOME RESTRICTED
SPECIAL OFFERINCOME RESTRICTED$1,295 - $1,968/mo1-3 Beds1-2 BathsRockwood Village Apartments | 783 SE 185th Ave,
Portland, OR 97233
SPECIAL OFFERPET FRIENDLY$1,295 - $1,550/mo1-2 Beds1-2 BathsAlder Crossing Apartments | 12636 SE Alder St,
Portland, OR 97233
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APPLY INSTANTLYPET FRIENDLY
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Average Rent Trends in 97233
Rent in 97233 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,487 |
| Oct 2025 | $1,450 |
| Nov 2025 | $1,450 |
| Dec 2025 | $1,450 |
| Jan 2026 | $1,450 |
| Feb 2026 | $1,400 |
| Mar 2026 | $1,450 |
| Apr 2026 | $1,450 |
| May 2026 | $1,445 |
| Jun 2026 | $1,400 |
| Jul 2026 | $1,450 |
| Aug 2026 | $1,450 |
Average Rent By Bedroom and Home Type
In August 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 | $1,195 | $1,472 | $1,950 | $2,500 | $1,495 |
| Townhomes | — | $2,000 | $2,373 | — | $2,000 |
| Apartments and Condos | $1,095 | $1,450 | $1,772 | — | $1,495 |
| Houses | — | $2,595 | $2,495 | $2,500 | $2,500 |
Frequently Asked Questions about Rentals in 97233
- What is the average rent of an apartment in 97233?The average rent of an apartment in 97233 is $1,554 per month. This is about 21% lower than the national average.
- When is the average rent cheapest in 97233?In the last year, the average rent in 97233 was lowest in Jul 2025 when it was $1,440 per month.
- When is the average rent most expensive in 97233?In the last year, the average rent in 97233 was highest in Jan 2025 when it was $1,522 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97233?The average rent of a 1 bedroom apartment in 97233 is $1,195 per month. That is about $2 less than the cost of a studio apartment.
- How many available rental listings are in 97233?There are 100 available rental listings in 97233.
- What are some cities near 97233?Some nearby cities include: Fairview, Gresham, Wood Village, Happy Valley, Damascus, Troutdale. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 97233 - 216 Rentas | Trulia