Luxury Apartments for Rent in 97038
15 rentals
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- NEW - 21 HRS AGOPET FRIENDLY$1,150 - $2,245/moStudio-3 Beds1-2 BathsCascade Place Apartment Homes | 201 S Leroy Ave #J-301,
Molalla, OR 97038 - INCOME RESTRICTED
- $1,299 - $1,910/moStudio-2 Beds1-2 BathsStoneplace Apartment Homes | 872 W Main St #GG-270,
Molalla, OR 97038 Save Search in 97038
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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 Apr 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,556 |
| Jun 2025 | $1,530 |
| Jul 2025 | $1,653 |
| Aug 2025 | $1,679 |
| Sep 2025 | $1,763 |
| Oct 2025 | $1,687 |
| Nov 2025 | $1,812 |
| Dec 2025 | $1,983 |
| Jan 2026 | $1,602 |
| Feb 2026 | $1,685 |
| Mar 2026 | $1,664 |
| Apr 2026 | $1,613 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,325 | $1,489 | $1,995 | — | $1,664 |
| Apartments and Condos | $1,125 | — | — | — | $550 |
| Houses | — | — | $3,200 | — | $3,388 |
Frequently Asked Questions about Rentals in 97038
- What is the average rent in 97038?The average rent in 97038 is $1,619. Rent prices range from $550 to as much as $3,200, depending on the type of rental.
- How does the rent in 97038 compare to the national average?Average rent in 97038 is about 15% lower than the national average rent of $1,910. That means it is less expensive to rent in 97038 compared to the U.S. average.
- What is the average rent in 97038, by number of bedrooms?The average rent in 97038 is $1,150 for a studio, $1,325 for a 1 bedroom, $1,489 for a 2 bedroom, $2,062 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in 97038 changed compared to last year?In the past year, the average rent price in 97038 has decreased by $32. That means the average rent is 2% lower than last year.
- How many available rental listings are in 97038?There are 13 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.