Apartments in 97227

38 rentals

Apartments For Rent Near 97227

We found 30 more apartments matching your filters just outside 97227

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 increased in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jun 2025$1,480
Jul 2025$1,810
Aug 2025$1,877
Sep 2025$1,793
Oct 2025$1,959
Nov 2025$1,845
Dec 2025$1,481
Jan 2026$1,460
Feb 2026$1,497
Mar 2026$1,341
Apr 2026$1,498
May 2026$1,557
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,675$2,200$4,250$3,650$1,675
Apartments and Condos$2,100$2,100$12,866—$2,100
Houses$1,675—$3,884$3,650$3,895

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 $1,523 per month. This is about 21% lower than the national average.
  • When is the average rent 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 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 $1,550 per month. That is about $337 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 97227?
    There are 35 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.