Cheap Apartments for Rent in 97540
25 rentals
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Apartments For Rent Near 97540
We found 30 more apartments matching your filters just outside 97540
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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 increased in Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,575 |
| Oct 2025 | $1,828 |
| Nov 2025 | $1,650 |
| Dec 2025 | $1,775 |
| Jan 2026 | $1,795 |
| Feb 2026 | $1,355 |
| Mar 2026 | $1,695 |
| Apr 2026 | $1,528 |
| May 2026 | $1,808 |
| Jun 2026 | $1,643 |
| Jul 2026 | $1,633 |
| Aug 2026 | $1,750 |
Average Rent By Bedroom and Home Type
In August 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 | $1,290 | $1,625 | $2,081 | $2,850 | $1,875 |
| Townhomes | — | — | $1,900 | — | $1,900 |
| Apartments and Condos | $1,290 | $1,691 | — | — | $1,525 |
| Houses | $1,530 | $956 | $2,267 | $2,850 | $2,267 |
Frequently Asked Questions about Rentals in 97540
- What is the average rent of an apartment in 97540?The average rent of an apartment in 97540 is $1,429 per month. This is about 27% 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 Jan 2025 when it was $1,550 per month.
- When is the average rent most expensive in 97540?In the last year, the average rent in 97540 was highest in Oct 2025 when it was $1,828 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97540?The average rent of a 1 bedroom apartment in 97540 is $1,290 per month. That is about $10 less than the cost of a studio apartment.
- How many available rental listings are in 97540?There are 27 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 97540 - 198 Rentas | Trulia