Luxury Apartments for Rent in 97038
19 rentals
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PET FRIENDLY$1,499 - $2,225/mo
1-3 Beds
1-2 BathsCascade Place Apartment Homes | 201 S Leroy Ave,
Molalla, OR 97038
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SPECIAL OFFERPET FRIENDLY$1,375 - $2,029/moStudio-2 Beds1-2 BathsStoneplace Apartment Homes | 872 W Main St,
Molalla, OR 97038
SPECIAL OFFERPET FRIENDLYTotal price$1,325 - $1,995/mo1-3 Beds1-2 BathsColima Apartments | 13001 S Crompton Ln,
Molalla, OR 97038
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SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
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Apartments For Rent Near 97038
We found 30 more apartments matching your filters just outside 97038
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Average Rent Trends in 97038
Rent in 97038 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,763 |
| Oct 2025 | $1,687 |
| Nov 2025 | $1,812 |
| Dec 2025 | $1,983 |
| Jan 2026 | $1,602 |
| Feb 2026 | $1,682 |
| Mar 2026 | $1,664 |
| Apr 2026 | $1,614 |
| May 2026 | $1,617 |
| Jun 2026 | $1,754 |
| Jul 2026 | $1,709 |
| Aug 2026 | $1,614 |
Average Rent By Bedroom and Home Type
In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $828 | $1,518 | $1,995 | $2,725 | $1,778 |
| Townhomes | $1,295 | — | $2,100 | — | $1,295 |
| Apartments and Condos | — | — | $2,250 | — | $1,445 |
| Houses | — | $1,850 | $2,417 | $2,725 | $2,539 |
Frequently Asked Questions about Rentals in 97038
- What is the average rent of an apartment in 97038?The average rent of an apartment in 97038 is $860 per month. This is about 56% lower than the national average.
- When is the average rent cheapest in 97038?In the last year, the average rent in 97038 was lowest in Feb 2025 when it was $1,475 per month.
- When is the average rent most expensive in 97038?In the last year, the average rent in 97038 was highest in Dec 2025 when it was $1,983 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97038?The average rent of a 1 bedroom apartment in 97038 is $828 per month. That is about $278 more than the cost of a studio apartment.
- How many available rental listings are in 97038?There are 20 available rental listings in 97038.
- What are some cities near 97038?Some nearby cities include: Molalla, Scotts Mills, Colton, Mulino, Silverton, Mount Angel. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de 97038 - 123 Rentas | Trulia