Luxury Apartments for Rent in 97216
26 rentals
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INCOME RESTRICTED$1,256 - $1,717/mo
1-3 Beds
1-2 BathsCherry Blossom Estates | SE Cherry Blossom Dr,
Portland, OR 97216
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SPECIAL OFFERPET FRIENDLYTotal price$1,145 - $1,349/mo1-2 Beds1 BathHidden Court Apartments | SE 121st Ave,
Portland, OR 97216
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Apartments For Rent Near 97216
We found 30 more apartments matching your filters just outside 97216
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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 increased in Jul 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,512 |
| Jul 2026 | $1,539 |
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 | $1,256 | $1,496 | $2,195 | — | $1,539 |
| Townhomes | — | $1,800 | $2,195 | — | $1,800 |
| Apartments and Condos | $1,295 | $1,450 | — | — | $1,395 |
| Houses | — | $2,550 | $3,000 | — | $3,000 |
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 $1,419 per month. This is about 27% 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 $1,256 per month. That is about $205 more than the cost of a studio apartment.
- How many available rental listings are in 97216?There are 27 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.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de 97216 - 179 Rentas | Trulia