
Cheap Homes for Rent in the 97254 ZIP Code of Portland, OR from $300 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the 97254 ZIP Code area of Portland.


2365 NW Marshall St, Unit middle

3418-3418 S Kelly Ave, Unit 3414

20 NW 16th Ave

1631 NW Everett St

801 SW Green Ave
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.

3507 SW 11th Ave, Unit 6

2234-2238 SW Vista Ave, Unit 6

111 SW Harrison St

1943 NW Irving St, Unit 101

3027 SE 20th Ave, Unit 3027

3535 S Corbett Ave, Unit 303
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.

3041 SE 20th Ave, Unit 3041

2919 SE Division St, Unit 306

2333 SW 6th Ave

Total Monthly Price
730 NW Naito Pkwy, Unit SI FL1-ID15

1123 SE 27th Ave

1135 SE 27th Ave
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.

327 NW Park Ave

2020 SW Main St

1635 NW 25th Ave, Unit 5

2803 SW 1st Ave

22 S Meade St

2109 NW Irving St
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.

1815 NW Hoyt St
Portland, OR Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 97254 2 Bedroom Homes for Rent | $2,945 | $1,226 | $10,000+ |
| 97254 3 Bedroom Homes for Rent | $4,187 | $1,458 | $8,796 |
| 97254 4 Bedroom Homes for Rent | $9,669 | $6,864 | $12,058 |
Browse Homes for Rent in the 97254 Zip Code of Portland
Explore Portland
Frequently Asked Questions about the 97254 ZIP Code
How much are larger Three and Four Bedroom Rentals in 97254?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 97254 range from $1,158 to $8,796, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,458 to $8,796. Four Bedroom Single-Family rentals are also available starting from $6,864 and Four Bedroom Apartments start at $2,056.
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

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.

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.

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.

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

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.

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.

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.

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.