Cheap Apartments for Rent in 97227

35 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 Sep 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Oct 2025$1,849
Nov 2025$1,760
Dec 2025$1,595
Jan 2026$1,550
Feb 2026$1,700
Mar 2026$1,563
Apr 2026$1,523
May 2026$1,651
Jun 2026$1,525
Jul 2026$1,617
Aug 2026$1,534
Sep 2026$1,710
View as a graph

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 bed2 beds3 beds4 bedsAll
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 Rentals 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.
  • What are the cheapest months to find an apartment to rent in 97227?
    Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,490 per month.
  • How many cheap apartments are available in 97227?
    There are 27 apartments to rent that are cheaper than the city’s average rent of $1,592.
  • 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 $1,395 per month. That is about $202 more than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 97227 - 674 Rentas | Trulia