Luxury Apartments for Rent in 97216
51 rentals
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SPECIAL OFFERPET FRIENDLYTotal price$1,256 - $2,032/mo
1-2 Beds
1-2 BathsRussellville Commons | 10320 SE Pine St,
Portland, OR 97216
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SPECIAL OFFERSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$1,222 - $1,543/moStudio-2 Beds1 BathTraditions at Hazelwood | 10451 E Burnside St,
Portland, OR 97216
PET FRIENDLY$1,495 - $1,525/mo2 Beds1 Bath#160 WAH MAI TERRACE APARTMENTS | 441 SE 111th Ave,
Portland, OR 97216
INCOME RESTRICTED$1,256 - $1,496/mo1-2 Beds1 BathCherry Blossom Estates | 10570 SE Cherry Blossom Dr,
Portland, OR 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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| 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 | $1,689 |
| May 2026 | $1,650 |
| Jun 2026 | $1,515 |
| Jul 2026 | $1,539 |
| Aug 2026 | $1,503 |
Average Rent By Bedroom and Home Type
In August 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 | $1,520 | $2,545 | $2,800 | $1,610 |
| Townhomes | $1,610 | $2,000 | $2,095 | — | $2,000 |
| Apartments and Condos | $1,295 | $1,520 | $1,695 | $2,800 | $1,520 |
| Houses | — | $2,100 | $2,650 | $2,600 | $2,600 |
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 $1,438 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 $306 more than the cost of a studio apartment.
- How many available rental listings are in 97216?There are 52 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 97216 - 77 Rentas | Trulia