Luxury Apartments for Rent in 97223
120 rentals
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NEW - 1 DAY AGO
NEW - 15 HRS AGOSPECIAL OFFERPET FRIENDLY$1,275 - $2,979/mo
1-3 Beds
1 BathWestwood Green Apartments | 10650 SW 121st Ave #6,
Portland, OR 97223
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SPECIAL OFFERPET FRIENDLYTotal price$1,549 - $2,884/moStudio-2 Beds1-2 BathsOak Street Lofts | 8920 SW Oak St #410B,
Portland, OR 97223
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,342 - $2,812/moStudio-3 Beds1-2 BathsAttwell off Main | 12850 SW Ash Ave #1-237,
Portland, OR 97223
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Average Rent Trends in 97223
Rent in 97223 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 Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,885 |
| Jul 2025 | $1,950 |
| Aug 2025 | $2,000 |
| Sep 2025 | $2,178 |
| Oct 2025 | $2,096 |
| Nov 2025 | $2,100 |
| Dec 2025 | $1,973 |
| Jan 2026 | $1,895 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,632 |
| Apr 2026 | $1,703 |
| May 2026 | $1,811 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,373 | $1,595 | $2,600 | $3,200 | $1,800 |
| Townhomes | $1,995 | $2,195 | $2,695 | — | $2,695 |
| Apartments and Condos | $1,300 | $1,575 | $1,795 | $1,490 | $1,495 |
| Houses | $1,311 | $2,300 | $2,962 | $3,200 | $2,999 |
Frequently Asked Questions about Rentals in 97223
- What is the average rent of an apartment in 97223?The average rent of an apartment in 97223 is $1,721 per month. This is about 11% lower than the national average.
- What is the average rent of a house in 97223?The average rent of a house in 97223 is $2,999 per month. This is about 55% higher than the national average.
- What is the average rent of a townhome in 97223?The average rent of a townhome in 97223 is $2,695 per month. This is about 40% higher than the national average.
- When is the average rent cheapest in 97223?In the last year, the average rent in 97223 was lowest in Mar 2025 when it was $1,783 per month.
- When is the average rent most expensive in 97223?In the last year, the average rent in 97223 was highest in Sep 2025 when it was $2,178 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97223?The average rent of a 1 bedroom apartment in 97223 is $1,373 per month. That is about $86 less than the cost of a studio apartment.
- How many available rental listings are in 97223?There are 136 available rental listings in 97223.
- What are some cities near 97223?Some nearby cities include: Metzger, Tigard, Garden Home-Whitford, King City, Raleigh Hills, Durham. These cities may have more rental options to explore.