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 May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,450
Jul 2025$1,595
Aug 2025$1,595
Sep 2025$1,395
Oct 2025$1,650
Nov 2025$1,535
Dec 2025$1,663
Jan 2026$1,625
Feb 2026$1,650
Mar 2026$1,665
Apr 2026$1,695
May 2026$1,650
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,249$1,600$2,500$2,949$1,606
Townhomes—$1,800$2,325—$1,800
Apartments and Condos$1,350$1,495——$1,495
Houses—$1,800$2,745$2,949$2,786

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 $1,412 per month. This is about 27% lower than the national average.
  • What is the average rent of a house in 97216?
    The average rent of a house in 97216 is $2,786 per month. This is about 44% higher than the national average.
  • What is the average rent of a townhome in 97216?
    The average rent of a townhome in 97216 is $1,900 per month. This is about 2% lower than the national average.
  • When is the average rent cheapest in 97216?
    In the last year, the average rent in 97216 was lowest in Sep 2025 when it was $1,395 per month.
  • 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 $1,249 per month. That is about $198 more than the cost of a studio apartment.
  • How many available rental listings are in 97216?
    There are 44 available rental listings in 97216.
  • 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.