Cheap Apartments for Rent in 97216

40 rentals

Apartments For Rent Near 97216

We found 30 more apartments matching your filters just outside 97216

Average Rent Trends in 97216

Rent in 97216 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Nov 2025$1,535
Dec 2025$1,663
Jan 2026$1,625
Feb 2026$1,650
Mar 2026$1,665
Apr 2026$1,689
May 2026$1,650
Jun 2026$1,515
Jul 2026$1,539
Aug 2026$1,503
Sep 2026$1,584
Oct 2026$1,541
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Average Rent By Bedroom and Home Type

In October 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$1,250$1,496$1,995$2,995$1,595
Townhomes$1,565$1,900$1,995—$1,900
Apartments and Condos$1,250$1,495$1,595$3,250$1,495
Houses—$2,000$2,866$2,995$2,895

Frequently Asked Questions about Rentals in 97216

  • What is the average rent of an apartment in 97216?
    The average rent of an apartment in 97216 is $1,417 per month. This is about 27% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 97216?
    Last year, the cheapest month to find an apartment to rent was Sep 2025 when it was $1,395 per month.
  • How many cheap apartments are available in 97216?
    There are 23 apartments to rent that are cheaper than the city’s average rent of $1,595.
  • When is the average rent most expensive in 97216?
    In the last year, the average rent in 97216 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 97216?
    The average rent of a 1 bedroom apartment in 97216 is $1,250 per month. That is about $300 more than the cost of a studio apartment.
  • What are some cities near 97216?
    Some nearby cities include: Happy Valley, Fairview, Milwaukie, Portland, Gresham, Wood Village. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 97216 - 179 Rentas | Trulia