Cheap Apartments for Rent in the 97203 ZIP Code of Portland, OR from $300 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 97203 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 Melrose Apartments
Rent Specials
$1,304 - $1,649
Total Monthly Price

Total Monthly Price

Base Rent
$1,304 - $1,649
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Melrose Apartments

6734 N Fessenden StPortland, OR 97203
Affordability
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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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Miraflores
2 to 4 Bedroom Apartments

Miraflores

8917 N NewellPortland, OR 97203
  • Utilities Included
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Clifden
1 to 2 Bedroom Apartments

Clifden

8415 N Fessenden StPortland, OR 97203
  • Smoke Free
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Syracuse
Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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North Louie
Studio to 2 Bedroom Apartments

North Louie

7448 N Saint Louis AvePortland, OR 97203
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St. Johns Townhomes
Studio to 2 Bedroom Apartments

St. Johns Townhomes

8527-8537 N Saint Louis AvePortland, OR 97203
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The Bluffs
Studio to 2 Bedroom Apartments

The Bluffs

5150 N Lombard StPortland, OR 97203

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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Willamette View
1 to 2 Bedroom Apartments

Willamette View

6804-6838 N Richmond AvePortland, OR 97203
  • Utilities Included
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Cathedral Village
Studio to 3 Bedroom Apartments

Cathedral Village

6520 N Salem AvePortland, OR 97203
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Bridger Commons
1 to 2 Bedroom Apartments

Bridger Commons

8922 N Kellogg StPortland, OR 97203
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Ivanhoe (1 & 2)
Studio to 2 Bedroom Apartments

Ivanhoe (1 & 2)

8510 N Ivanhoe StPortland, OR 97203
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Syracuse
Studio to 4 Bedroom Apartments

Syracuse

7228 N Burlington AvePortland, OR 97203
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St. J's
Studio to 3 Bedroom Apartments

St. J's

7180 N Leavitt AvePortland, OR 97203
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The Bridgecrest
Studio to 2 Bedroom Apartments

The Bridgecrest

7002-7102 N Alta AvePortland, OR 97203
  • Utilities Included
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Cecelia Apartments
1 to 3 Bedroom Apartments

Cecelia Apartments

6263 N Cecelia StPortland, OR 97203

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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Parkview at St. Johns
1 to 3 Bedroom Apartments

Parkview at St. Johns

5801 N Fessenden StPortland, OR 97203
Corporate Housing
  • Utilities Included
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West Lombard
1 Bedroom Apartments

West Lombard

6375 N Lombard StPortland, OR 97203
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Lombard
Studio to 3 Bedroom Apartments

Lombard

5120 N Lombard StPortland, OR 97203
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The Kennedy
1 to 2 Bedroom Apartments

The Kennedy

2171 N Rosa Parks WayPortland, OR 97217
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Greeley Apartments PDX
Studio to 1 Bedroom Apartments

Greeley Apartments PDX

5880 N Greeley AvePortland, OR 97217
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Overlook Flats
1 to 2 Bedroom Apartments

Overlook Flats

5780 N Greeley AvePortland, OR 97217
Showing Results 1-47, Page 1 of 1

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 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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.