Zip Code

Average Rent in 97203

97203 is a zip code in Portland-Vancouver-Hillsboro, OR-WA MSA. It ranks #86 out of 120 for places to rent. 97203 is in
the state of
Oregon,
the county of
Multnomah County,
the congressional district of
District 03 and
the cities of
Portland, University Park. Dwellsy has rental data there are no sections, 4 neighborhoods and no rental communities in 97203.
The average rent over the last 3 months for places in 97203 is $1,694 which represents a decrease of -0.76% over the same period.

Rental Price Comparison

The average rent for places in zip 97203 currently stands at $1,694.
In comparison, places in the average state, specifically Oregon, is more expensive, with an average rent of $1,745. This represents a difference of +3% when compared to 97203.
Meanwhile, in the average msa of Portland-Vancouver-Hillsboro, OR-WA MSA, the average rent for the same type of housing is $1,785, showing a more expensive of +5% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,850. This constitutes a more expensive by +9% when compared to the rent in 97203.
$1,694
97203
VS
$1,745
+3%
OR, state
$1,785
+5%
Portland-Vancouver-Hillsboro, OR-WA MSA, msa
$1,850
+9%
USA, us

Average price for rental listings over the last 3 months. Last updated May 10 2026