Cheap Apartments for Rent in the 97202 ZIP Code of Portland, OR from $300 (76 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 97202 ZIP Code area of Portland.

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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The Frankie
Rent Specials
$1,350 - $4,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $4,035
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
Student Housing
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  • Customer Reviewed
  • 3D Tour

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 Enclave
$1,450 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,000
Total Monthly Price
$1,450 - $2,000
1 to 3 Bedroom Apartments Contact Us For Availability

The Enclave

3636 SE Mall StPortland, OR 97202
Affordability
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Z_Howard House
Studio to 2 Bedroom Apartments

Z_Howard House

2644 SE Powell BlvdPortland, OR 97202
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Z_Kateri Park
1 to 4 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
  • Utilities Included
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Esperanza Court
1 to 2 Bedroom Apartments

Esperanza Court

3611 SE 28th AvePortland, OR 97202
  • Utilities Included

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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Cedar Flats
Studio to 2 Bedroom Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
  • Utilities Included
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Enclave 54
Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
  • Utilities Included
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Dean River
Studio to 3 Bedroom Apartments

Dean River

3255 SE 17th AvePortland, OR 97202
Corporate Housing
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Tenino Terrace
1 to 2 Bedroom Apartments

Tenino Terrace

2405 SE Umatilla StPortland, OR 97202
  • Utilities Included
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1627 SE Reedway St
1 Bedroom Apartments

1627 SE Reedway St

1627 SE Reedway StPortland, OR 97202
Corporate Housing
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Yukon Flats
Studio to 2 Bedroom Apartments

Yukon Flats

5965 SE Milwaukie AvePortland, OR 97202
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Cherry Hill Apartments
1 to 2 Bedroom Apartments

Cherry Hill Apartments

5802-5812 SE Milwaukie AvePortland, OR 97202
  • Utilities Included
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The Sellina
Studio to 1 Bedroom Apartments

The Sellina

1717 SE Tenino StPortland, OR 97202

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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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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Powell
Studio to 2 Bedroom Apartments

Powell

3605 SE 38th AvePortland, OR 97202
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4425 SE 26TH Ave
1 Bedroom Apartments

4425 SE 26TH Ave

4425 SE 26TH AvePortland, OR 97202
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Fairmont Place
1 to 2 Bedroom Apartments

Fairmont Place

730 SE Franklin StPortland, OR 97202
  • Utilities Included
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Division Terrace
Studio to 1 Bedroom Apartments

Division Terrace

2880 SE Division StPortland, OR 97202
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Britney Forest Apartments
1 to 2 Bedroom Apartments

Britney Forest Apartments

3904-4014 SE 39th AvePortland, OR 97202
Corporate Housing
  • Utilities Included
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Shalimar Apartments
2 Bedroom Apartments

Shalimar Apartments

3112 SE 9th AvePortland, OR 97202
  • Utilities Included

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

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Showing Results 1-50, Page 1 of 2

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.