Apartments in 97227
32 rentals
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Apartments For Rent Near 97227
We found 30 more apartments matching your filters just outside 97227
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- SPECIAL OFFERPET FRIENDLY
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- PET FRIENDLY$1,265 - $1,625/moStudio-2 Beds1 BathMonroe Street Apartments | 3035 NE Martin Luther King Jr Blvd,
Portland, OR 97212 - SPECIAL OFFERPET FRIENDLYTotal price$1,350 - $1,850/moStudio-1 Bed1 BathmResidences Portland Pearl District | 1155 NW Everett St,
Portland, OR 97209 - NEW - 19 HRS AGOSPECIAL OFFER
- $1,475 - $3,461/moStudio-1 Bed1-2 BathsHoneyman Hardware Lofts | 555 NW Park Ave,
Portland, OR 97209 - $1,710 - $9,316/moStudio-3 Beds1-4 BathsResidences at 11W | 1140 SW Washington St,
Portland, OR 97205 - $1,295 - $3,043/moStudio-2 Beds1-2 BathsThe Strauss on Burnside | 77 NE Grand Ave,
Portland, OR 97232 - Total price$1,710 - $8,630/moStudio-2 Beds1-3 BathsByline Apartments | 1640 SW Yamhill St,
Portland, OR 97205 - Total price$1,399 - $1,580/moStudio-1 Bed1 BathOro Apartments | 1470 NW Overton St,
Portland, OR 97209 - $1,299 - $1,449/moStudio-1 Bed1 BathFortyOne 11 | 4111 NE Martin Luther King Jr Blvd,
Portland, OR 97211 - Total price$1,010 - $1,050/moStudio1 BathKoz on Killingsworth | 151 N Killingsworth St,
Portland, OR 97217
Average Rent Trends in 97227
Rent in 97227 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,959 |
| Nov 2025 | $1,845 |
| Dec 2025 | $1,481 |
| Jan 2026 | $1,460 |
| Feb 2026 | $1,495 |
| Mar 2026 | $1,341 |
| Apr 2026 | $1,499 |
| May 2026 | $1,557 |
| Jun 2026 | $1,444 |
| Jul 2026 | $1,482 |
| Aug 2026 | $1,522 |
| Sep 2026 | $1,908 |
Average Rent By Bedroom and Home Type
In October 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 | $1,395 | $2,243 | $2,650 | $3,400 | $1,592 |
| Townhomes | — | — | $2,595 | — | $2,595 |
| Apartments and Condos | $1,350 | $2,095 | — | — | $2,095 |
| Houses | $1,844 | $3,295 | $2,650 | $3,400 | $2,650 |
Frequently Asked Questions about Apartments and Condos for rent in 97227
- What is the average rent of an apartment in 97227?The average rent of an apartment in 97227 is $1,667 per month. This is about 14% lower than the national average.
- When is the average rent for an apartment cheapest in 97227?In the last year, the average rent in 97227 was lowest in Jun 2025 when it was $1,480 per month.
- When is the average rent for an apartment most expensive in 97227?In the last year, the average rent in 97227 was highest in Oct 2025 when it was $1,959 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97227?The average rent of a 1 bedroom apartment in 97227 is $1,454 per month. That is about $264 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 97227?There are 32 available apartments or condos to rent in 97227.
- What are some cities near 97227?Some nearby cities include: Portland, Raleigh Hills, West Slope, Garden Home-Whitford, Metzger, Milwaukie. These cities may have more rental options to explore.
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