Apartments in 97540

9 rentals

Apartments For Rent Near 97540

We found 30 more apartments matching your filters just outside 97540

Average Rent Trends in 97540

Rent in 97540 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Jun 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
MonthAverage rent
Jul 2025$1,583
Aug 2025$1,365
Sep 2025$1,405
Oct 2025$1,513
Nov 2025$1,425
Dec 2025$1,408
Jan 2026$1,356
Feb 2026$1,328
Mar 2026$1,432
Apr 2026$1,285
May 2026$1,662
Jun 2026$1,351
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,344$1,625$2,249—$1,584
Townhomes——$1,550—$1,550
Apartments and Condos$1,494$1,700$2,350—$1,700
Houses——$2,295—$2,295

Frequently Asked Questions about Apartments and Condos for rent in 97540

  • What is the average rent of an apartment in 97540?
    The average rent of an apartment in 97540 is $1,378 per month. This is about 29% lower than the national average.
  • When is the average rent cheapest in 97540?
    In the last year, the average rent in 97540 was lowest in Apr 2025 when it was $1,154 per month.
  • When is the average rent most expensive in 97540?
    In the last year, the average rent in 97540 was highest in Jun 2025 when it was $1,614 per month.
  • How many apartments or condos are available to rent in 97540?
    There are 10 available apartments or condos to rent in 97540.
  • What are some cities near 97540?
    Some nearby cities include: Talent, Phoenix, Medford, Jacksonville, Ashland, Central Point. These cities may have more rental options to explore.