Cheap Apartments for Rent in the 97206 ZIP Code of Portland, OR from $300 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 97206 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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Heirloom
Rent Specials
$1,499 - $2,739
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $2,739
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Heirloom

7900 SE Luther RdPortland, OR 97206
Affordability
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Firland
1 to 2 Bedroom Apartments

Firland

8012-8036 SE Raymond StPortland, OR 97206
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Country Squire
1 to 3 Bedroom Apartments

Country Squire

6720-6730 SE 72nd AvePortland, OR 97206

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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Tabor West Apartments
Studio to 3 Bedroom Apartments

Tabor West Apartments

6400-6476 SE Division StPortland, OR 97206
  • Utilities Included
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Shamrock
Studio to 2 Bedroom Apartments

Shamrock

3430 SE 58th AvePortland, OR 97206
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Raymond Apartments
1 to 2 Bedroom Apartments

Raymond Apartments

8104-8110 SE Raymond StPortland, OR 97206
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Villa St Margaret
1 to 2 Bedroom Apartments

Villa St Margaret

3825 SE 80th AvePortland, OR 97206
Senior Living
  • Utilities Included
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Alexander Vincent I
Studio to 2 Bedroom Apartments

Alexander Vincent I

7301 SE Powell BlvdPortland, OR 97206
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Oliver Apartments
Studio to 2 Bedroom Apartments

Oliver Apartments

4330 SE Division StPortland, OR 97206
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Roseland Apartments
Studio to 1 Bedroom Apartments

Roseland Apartments

5811 SE Boise StPortland, OR 97206

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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Barrington Square
1 to 3 Bedroom Apartments

Barrington Square

7123 SE Powell BlvdPortland, OR 97206
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The Lenox
Studio to 2 Bedroom Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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The Arleta
1 to 2 Bedroom Apartments

The Arleta

5214 SE 72nd AvePortland, OR 97206
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Pacific Crest
1 to 2 Bedroom Apartments

Pacific Crest

5235 SE Lambert StPortland, OR 97206
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Tabor East Apartments
Studio to 2 Bedroom Apartments

Tabor East Apartments

7298 SE Division StPortland, OR 97206
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3430 SE 68th Ave
2 Bedroom Apartments

3430 SE 68th Ave

3430 SE 68th AvePortland, OR 97206
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81 Powell
1 to 2 Bedroom Apartments

81 Powell

8105 SE Powell BlvdPortland, OR 97206
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7710 SE Mitchell St
Studio to 1 Bedroom Apartments

7710 SE Mitchell St

7710 SE Mitchell StPortland, OR 97206
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6702 SE 80th Ave
2 Bedroom Apartments

6702 SE 80th Ave

6702 SE 80th AvePortland, OR 97206
  • 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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Cedar Flats
Studio to 2 Bedroom Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
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Creston Villa
1 to 3 Bedroom Apartments

Creston Villa

3608 SE 40th AvePortland, 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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Hudson Court Apartments
1 to 2 Bedroom Apartments

Hudson Court Apartments

4125-4153 SE 39th AvePortland, OR 97202
  • 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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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.

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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

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.