Luxury Apartments for Rent in 97540

16 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 stayed about the same in Jul 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Aug 2025$1,560
Sep 2025$1,575
Oct 2025$1,828
Nov 2025$1,650
Dec 2025$1,775
Jan 2026$1,795
Feb 2026$1,361
Mar 2026$1,695
Apr 2026$1,530
May 2026$1,805
Jun 2026$1,647
Jul 2026$1,634
View as a graph

Average Rent By Bedroom and Home Type

In July 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$1,344$1,625$2,195—$1,656
Townhomes——$1,550—$1,550
Apartments and Condos$1,450$1,679——$1,525
Houses$1,530—$2,249—$2,249

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 $1,424 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 many available rental listings are in 97540?
    There are 17 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 de lujo en renta en los alrededores de 97540 - 181 Rentas | Trulia