Cheap Apartments for Rent in 97227

40 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$1,524
Jul 2025$1,490
Aug 2025$1,628
Sep 2025$1,650
Oct 2025$1,849
Nov 2025$1,760
Dec 2025$1,595
Jan 2026$1,550
Feb 2026$1,700
Mar 2026$1,562
Apr 2026$1,521
May 2026$1,652
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—$1,675
Apartments and Condos$2,100$2,100$12,866—$2,100
Houses$1,675—$3,895$3,895$3,895

Frequently Asked Questions about Rentals 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.
  • What is the average rent of a house in 97227?
    The average rent of a house in 97227 is $3,895 per month. This is about 102% higher than the national average.
  • When is the average rent cheapest in 97227?
    In the last year, the average rent in 97227 was lowest in Jul 2025 when it was $1,490 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 $1,849 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 $1,675 per month. That is about $440 more than the cost of a studio apartment.
  • How many available rental listings are in 97227?
    There are 34 available rental listings 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.