Luxury Apartments for Rent in 97223
125 rentals
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SPECIAL OFFERPET FRIENDLYTotal price$1,505 - $3,167/mo
Studio-2 Beds
1-2 BathsOak Street Lofts | 8920 SW Oak St,
Portland, OR 97223
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SPECIAL OFFERPET FRIENDLYTotal price$1,503 - $2,603/moStudio-3 Beds1-2 BathsAttwell off Main | 12850 SW Ash Ave,
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 Aug 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| 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 | $1,633 |
| Apr 2026 | $1,711 |
| May 2026 | $1,812 |
| Jun 2026 | $1,832 |
| Jul 2026 | $1,800 |
| Aug 2026 | $1,888 |
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 | $1,396 | $1,708 | $2,600 | $3,095 | $1,850 |
| Townhomes | $1,995 | $2,600 | $2,595 | — | $2,595 |
| Apartments and Condos | $1,295 | $2,000 | $1,595 | $1,695 | $1,695 |
| Houses | $1,200 | $2,750 | $3,095 | $3,095 | $3,095 |
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 $1,673 per month. This is about 15% lower 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 $1,396 per month. That is about $167 less than the cost of a studio apartment.
- How many available rental listings are in 97223?There are 137 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.
View this page in Spanish: Apartamentos de lujo en renta en 97223 - 710 Rentas | Trulia