Cheap Apartments for Rent in 97123
112 rentals
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Use arrow keys to navigatePET FRIENDLYTotal price$1,225/mo
1 Bed
1 BathBendemeer Court Apartments | 221 SE 12th Ave #24,
Hillsboro, OR 97123
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SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$1,404 - $1,682/mo1-2 Beds1 BathCity Center Apartments | 160 SE Washington St #1-416,
Hillsboro, OR 97123
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PET FRIENDLY$1,495 - $2,045/mo1-3 Beds1-2 BathsOak Glen Apartments | 720 SE Oak Glen Way #313,
Hillsboro, OR 97123
PET FRIENDLY$1,525 - $1,899/mo2-3 Beds1-2 BathsCommons at Creekside Apartments | 5300 E Main St #189-T,
Hillsboro, OR 97123
SPECIAL OFFER$1,545 - $1,695/mo2 Beds2 BathsAspen Grove Apartments | 5992-6000 SE Drake St #3,
Hillsboro, OR 97123
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SPECIAL OFFERPET FRIENDLY$1,683 - $2,933/mo1-4 Beds1-2 BathsZera At Reeds Crossing | 7001 SE Blanton St #13308,
Hillsboro, OR 97123
SPECIAL OFFERPET FRIENDLY$1,694 - $3,516/mo1-3 Beds1-3 BathsSavanna at Reed's Crossing | 3405 SE Reed Dr #6204,
Hillsboro, OR 97123
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $2,325 |
| Aug 2025 | $2,495 |
| Sep 2025 | $2,395 |
| Oct 2025 | $2,395 |
| Nov 2025 | $2,395 |
| Dec 2025 | $2,395 |
| Jan 2026 | $2,300 |
| Feb 2026 | $2,395 |
| Mar 2026 | $2,307 |
| Apr 2026 | $2,450 |
| May 2026 | $2,295 |
| Jun 2026 | $2,395 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,343 | $1,695 | $2,499 | $2,895 | $2,375 |
| Townhomes | — | $2,295 | $2,375 | $2,500 | $2,495 |
| Apartments and Condos | $1,250 | $1,725 | $1,800 | — | $1,795 |
| Houses | $1,000 | $1,750 | $2,595 | $2,995 | $2,649 |
Frequently Asked Questions about Rentals in 97123
- What is the average rent of an apartment in 97123?The average rent of an apartment in 97123 is $1,608 per month. This is about 18% lower than the national average.
- When is the average rent cheapest in 97123?In the last year, the average rent in 97123 was lowest in Jan 2025 when it was $2,295 per month.
- When is the average rent most expensive in 97123?In the last year, the average rent in 97123 was highest in Aug 2025 when it was $2,495 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 $1,343 per month. That is about $143 more than the cost of a studio apartment.
- How many available rental listings are in 97123?There are 78 available rental listings in 97123.
- What are some cities near 97123?
View this page in Spanish: Apartamentos baratos en renta en 97123 - 186 Rentas | Trulia