Luxury Apartments for Rent in 97214
120 rentals
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NEW - 14 HRS AGOPET FRIENDLY$1,749 - $3,895/mo
Studio-2 Beds
1-2 Baths5MLK | 5 SE Martin Luther King Jr Blvd #1617,
Portland, OR 97214
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PET FRIENDLY$1,281 - $2,781/moStudio-2 Beds1-2 BathsModera Morrison | 1130 SE Morrison St #1-439,
Portland, OR 97214
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SPECIAL OFFERPET FRIENDLYTotal price$1,405 - $2,390/mo1-2 Beds1-2 BathsThe Linden | 1250 E Burnside St #1-518,
Portland, OR 97214
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Average Rent Trends in 97214
Rent in 97214 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,595 |
| Jul 2025 | $1,645 |
| Aug 2025 | $1,656 |
| Sep 2025 | $1,699 |
| Oct 2025 | $1,636 |
| Nov 2025 | $1,695 |
| Dec 2025 | $1,695 |
| Jan 2026 | $1,650 |
| Feb 2026 | $1,675 |
| Mar 2026 | $1,577 |
| Apr 2026 | $1,550 |
| May 2026 | $1,595 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,500 | $2,199 | $2,695 | $3,400 | $1,650 |
| Townhomes | — | $4,000 | $2,750 | $3,300 | $2,750 |
| Apartments and Condos | $1,500 | $2,195 | $2,945 | $10,205 | $1,750 |
| Houses | — | $2,155 | $2,695 | $850 | $2,695 |
Frequently Asked Questions about Rentals in 97214
- What is the average rent of an apartment in 97214?The average rent of an apartment in 97214 is $1,630 per month. This is about 16% lower than the national average.
- What is the average rent of a house in 97214?The average rent of a house in 97214 is $2,695 per month. This is about 40% higher than the national average.
- What is the average rent of a townhome in 97214?The average rent of a townhome in 97214 is $2,750 per month. This is about 43% higher than the national average.
- When is the average rent cheapest in 97214?In the last year, the average rent in 97214 was lowest in May 2025 when it was $1,523 per month.
- When is the average rent most expensive in 97214?In the last year, the average rent in 97214 was highest in Jan 2025 when it was $1,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97214?The average rent of a 1 bedroom apartment in 97214 is $1,500 per month. That is about $205 more than the cost of a studio apartment.
- How many available rental listings are in 97214?There are 126 available rental listings in 97214.
- What are some cities near 97214?Some nearby cities include: Portland, Raleigh Hills, Milwaukie, West Slope, Garden Home-Whitford, Metzger. These cities may have more rental options to explore.