Apartments in 97123

31 rentals

Apartments For Rent Near 97123

We found 30 more apartments matching your filters just outside 97123

Average Rent Trends in 97123

Rent in 97123 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Dec 2025.
MonthAverage rent
Sep 2025$1,572
Oct 2025$1,477
Nov 2025$1,604
Dec 2025$1,695
Jan 2026$1,471
Feb 2026$1,551
Mar 2026$1,595
Apr 2026$1,542
May 2026$1,490
Jun 2026$1,500
Jul 2026$1,606
Aug 2026$1,642
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,354$1,671$2,595$3,095$2,500
Townhomes—$1,850$2,250$2,595$2,350
Apartments and Condos$1,250$1,695$1,799—$1,695
Houses—$1,500$2,649$3,199$2,695

Frequently Asked Questions about Apartments and Condos for rent in 97123

  • What is the average rent of an apartment in 97123?
    The average rent of an apartment in 97123 is $1,611 per month. This is about 18% lower than the national average.
  • When is the average rent for an apartment cheapest in 97123?
    In the last year, the average rent in 97123 was lowest in Oct 2025 when it was $1,477 per month.
  • When is the average rent for an apartment most expensive in 97123?
    In the last year, the average rent in 97123 was highest in Dec 2025 when it was $1,695 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 97123?
    The average rent of a 1 bedroom apartment in 97123 is $1,321 per month. That is about $669 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 97123?
    There are 27 available apartments or condos to rent in 97123.
  • What are some cities near 97123?
    Some nearby cities include: Hillsboro, Cornelius, Beaverton, Sherwood, Newberg, King City. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 97123 - 338 Apartamentos | Trulia