Cheap Apartments for Rent in 97027

22 rentals

Apartments For Rent Near 97027

We found 30 more apartments matching your filters just outside 97027

Average Rent Trends in 97027

Rent in 97027 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jul 2025$1,700
Aug 2025$1,625
Sep 2025$1,595
Oct 2025$1,699
Nov 2025$1,699
Dec 2025$1,795
Jan 2026$1,789
Feb 2026$1,695
Mar 2026$1,627
Apr 2026$1,655
May 2026$1,577
Jun 2026$1,695
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,585$1,799$2,395—$1,758
Townhomes—$1,899——$1,899
Apartments and Condos$1,700$1,850——$1,850
Houses—$1,800$2,649—$1,800

Frequently Asked Questions about Rentals in 97027

  • What is the average rent of an apartment in 97027?
    The average rent of an apartment in 97027 is $1,652 per month. This is about 15% lower than the national average.
  • When is the average rent cheapest in 97027?
    In the last year, the average rent in 97027 was lowest in Mar 2025 when it was $1,529 per month.
  • When is the average rent most expensive in 97027?
    In the last year, the average rent in 97027 was highest in Jan 2025 when it was $2,006 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 97027?
    The average rent of a 1 bedroom apartment in 97027 is $1,585 per month. That is about $160 more than the cost of a studio apartment.
  • How many available rental listings are in 97027?
    There are 25 available rental listings in 97027.
  • What are some cities near 97027?
    Some nearby cities include: Gladstone, Milwaukie, Clackamas, West Linn, Happy Valley, Oregon City. These cities may have more rental options to explore.