Luxury Apartments for Rent in 97123
111 rentals
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SPECIAL OFFERPET FRIENDLY$1,764 - $3,596/mo
1-3 Beds
1-3 BathsSavanna at Reed's Crossing | 3405 SE Reed Dr #7437,
Hillsboro, OR 97123
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SPECIAL OFFERPET FRIENDLY$1,673 - $2,856/mo1-4 Beds1-2 BathsZera At Reeds Crossing | 7001 SE Blanton St #9202,
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 decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,425 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $1,348 | $1,587 | $2,495 | $2,849 | $2,267 |
| Townhomes | — | — | $2,395 | $2,695 | $2,395 |
| Apartments and Condos | $1,150 | $1,550 | $1,895 | — | $1,550 |
| Houses | $1,000 | $1,700 | $2,499 | $3,195 | $2,595 |
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 $1,568 per month. This is about 19% lower than the national average.
- What is the average rent of a house in 97123?The average rent of a house in 97123 is $2,595 per month. This is about 34% higher than the national average.
- What is the average rent of a townhome in 97123?The average rent of a townhome in 97123 is $2,550 per month. This is about 32% higher 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 $1,348 per month. That is about $191 more than the cost of a studio apartment.
- How many available rental listings are in 97123?There are 87 available rental listings in 97123.
- What are some cities near 97123?