Cheap Apartments for Rent in the 97201 ZIP Code of Portland, OR from $300 (90 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 97201 ZIP Code area of Portland.

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Park Plaza
$849 - $2,426
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $2,426
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
Corporate Housing
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Koz on 4th
Rent Specials
$949 - $1,375
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,375
Total Monthly Price
$949 - $1,375
Studio to 1 Bedroom Apartments Available Now

Koz on 4th

2211 SW 4th AvePortland, OR 97201
Affordability
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  • Utilities Included
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Collective on 4th
Rent Specials
$1,149 - $4,202
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $4,202
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
Student Housing
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Collins Circle
Rent Specials
$1,150 - $2,276
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $2,276
Total Monthly Price
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Studio to 1 Bedroom Apartments Available Now

Collins Circle

1701 SW Columbia StPortland, OR 97201
Student Housing
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  • Customer Reviewed
  • Low Income

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Cameron
$1,211 - $2,734
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,734
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
Corporate Housing
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The Douglas
Rent Specials
$1,275 - $2,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $2,950
Total Monthly Price
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Studio to 4 Bedroom Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
Pet Friendly
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Storyline
Rent Specials
$1,299 - $5,297
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $5,297
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
Transit Friendly
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Museum Place
Rent Specials
$1,349 - $2,694
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $2,694
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
Transit Friendly
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Tanner Flats
Rent Specials
$1,487 - $1,533
Total Monthly Price

Total Monthly Price

Base Rent
$1,487 - $1,533
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Tanner Flats

2004 SW Jefferson StPortland, OR 97201
Student Housing
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Portland Astoria
Rent Specials
$1,498 - $5,224
Total Monthly Price

Total Monthly Price

Base Rent
$1,498 - $5,224
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
Luxury
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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St. James
Studio to 2 Bedroom Apartments

St. James

1312 SW 10th AvePortland, OR 97201
  • Utilities Included
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Hidwell Apartments
Studio to 2 Bedroom Apartments

Hidwell Apartments

1415 SW 11th AvePortland, OR 97201
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Goose Hollow Tower
Studio to 2 Bedroom Apartments

Goose Hollow Tower

1630 SW Clay StPortland, OR 97201
Student Housing
  • Utilities Included
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The Montgomery
Studio Apartments

The Montgomery

1607 SW Montgomery StPortland, OR 97201
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The Amy
Studio to 1 Bedroom Apartments

The Amy

2031 SW 10th AvePortland, OR 97201
Student Housing
  • Utilities Included
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West Park Place
Studio to 1 Bedroom Apartments

West Park Place

1415-1419 SW Park AvePortland, OR 97201
  • Utilities Included
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Imperial Arms
Studio to 2 Bedroom Apartments

Imperial Arms

1429 SW 14th AvePortland, OR 97201
  • Utilities Included
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Water Meade Apartments
Studio to 2 Bedroom Apartments

Water Meade Apartments

103 S Meade StPortland, OR 97201
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Curtis Hale Apartments
1 Bedroom Apartments

Curtis Hale Apartments

1719 SW 16th AvePortland, OR 97201
Student Housing
  • Utilities Included
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Goose Apartments
Studio to 2 Bedroom Apartments

Goose Apartments

1415 SW Columbia StPortland, OR 97201
Student Housing
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Goose Hollow Plaza
1 to 2 Bedroom Apartments

Goose Hollow Plaza

1604 SW Clay StPortland, OR 97201
Student Housing
  • Utilities Included
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650 SW Sherman St
Studio to 1 Bedroom Apartments

650 SW Sherman St

650 SW Sherman StPortland, OR 97201
  • Utilities Included
  • Smoke Free
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Lair Hill Apartments
Studio to 2 Bedroom Apartments

Lair Hill Apartments

3030-3032 SW Fourth AvePortland, OR 97201
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Eleventh Avenue Lofts
Studio to 1 Bedroom Apartments

Eleventh Avenue Lofts

1104 SW Columbia StPortland, OR 97201
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.