Apartments in 97227

1 - 30 of 35 Results
7
$1,325
4064 N Mississippi Ave Portland, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Boise
1
$2,145
843 N Knott St Portland, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Mississippi
1
$2,250
3563 N Gantenbein St Portland, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
Boise
35
$5,500
Portland, OR
3 BR | Available Now
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Heat Included
Furnished
Dog Friendly
Cat Friendly
House
9
$945 - 1,145
3912 N Vancouver Ave Portland, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Storage
0
$2,350
935-941 N Cook St Portland, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Mississippi
25
$1,305 - 2,150
Deal
2005 N Williams Ave Portland, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
12
$899 - 999
3724 N Vancouver Ave Portland, OR
Studio | Available Now
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Dog Friendly
Cat Friendly
Section 8
Storage
Disability Access
30
$1,725
2.0
3951 N Williams Avenue Portland, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
13
$1,399 - 1,599
3855 N Mississippi Ave Portland, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
7
$1,195 - 1,695
25 N Fargo St Portland, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Mississippi
13
$899 - 1,299
3875 N Mississippi Ave Portland, OR
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
16
$1,250 - 1,495
4018 N Mississippi Ave Portland, OR
1 BR | Available Now
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In Unit Laundry
Balcony/Deck/Patio
Dishwasher
Boise
1
$1,125 - 1,200
2404 N Vancouver Ave Portland, OR
1 BR | Available Now
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Storage
Disability Access
Eliot
3
$1,732 - 2,410
3450 N Williams Ave Portland, OR
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
1
$1,985
3932-3938 N Albina Ave Portland, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$1,050 - 1,275
3816 N Michigan Ave Portland, OR
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
Mississippi
1
$1,410 - 1,999
3705 N Overlook Blvd Portland, OR
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
1
$3,795
3715 N Commercial Ave Portland, OR
4 BR | Available Now
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Dog Friendly
House
Disability Access
Boise
1
$1,237 - 1,482
101 N Morris St Portland, OR
1 - 2 BR | Available Now
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Dishwasher
Eliot
7
$2,245
3591 N Michigan Ave Portland, OR
2 BR | Available Now
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Mississippi
19
$1,479 - 2,623
107 N. Cook Street Portland, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
1
$2,685
78 NE Stanton St Portland, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
0
$2,695
4073-4077 N Borthwick Ave Portland, OR
4 BR | Available Now
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Dishwasher
Boise
1
$3,849
3477 N Gantenbein Ave Portland, OR
3 BR | Jan. 6, 2025
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Boise
1
$845 - 1,495
Portland, OR
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Mississippi
8
$2,595
735 N Shaver St Portland, OR
3 BR | Available Now
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Boise
1
$1,999 - 2,125
Portland, OR
2 BR | Available Now
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Dog Friendly
Cat Friendly
Boise
0
$1,575 - 1,655
33 N Beach St Portland, OR
1 BR | Available Now
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Boise
18
$1,363 - 1,741
3270 N Vancouver Portland, OR
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1 - 30 of 35 Results
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  3. 97227

How much does it cost to rent an apartment in 97227?

97227 apartments
Bed Type Average Rent Range
Studio $1,150 $870 - $1,610
1BR $1,410 $1,110 - $2,180
2BR $2,000 $1,550 - $2,560
3BR $2,800 $2,600 - $5,500
4+BR $3,250 $2,700 - $3,800
Find an Apartment in 97227
Looking for apartments for rent in the 97227 zip code in Portland, OR? Rentable has a variety of options available for you! Currently, there are 113 units available for rent in this area. The average rent in 97227 is $1,450, with the most affordable option being a studio starting at $868.

The top neighborhoods in 97227 are Boise, Mississippi, and Eliot. Living in these neighborhoods provides easy access to a vibrant community with trendy shops, restaurants, and nearby parks. For example, residents can enjoy nearby Mississippi Avenue with its unique boutiques and dining options, or spend a relaxing day at Peninsula Park, which features beautiful rose gardens and a community center.

If you’re searching for apartments near 97227, Rentable has a variety of listings to choose from. Browse through our options and find the perfect apartment that suits your needs. Don't miss out on the opportunity to secure your next rental in this sought-after zip code in Portland, OR.

Portland:
December Rent Report

Welcome to the December 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Portland rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Portland and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Portland average rent prices in the chart below.

Monthly Rent Report

$2,050
$1,540
$1,030
$510
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Portland Rent Prices Decrease From November to December

Portland rent prices decreased over the last month. From November to December, the city experienced a -0.13% decrease for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,533.0.

When we take a look at the two-bedroom comparison from November to December, Portland experienced a 0.51% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $1,952.0.

December Prices: Portland vs. Surrounding Areas

Oregon City, OR
Beaverton, OR
Tigard, OR
Hillsboro, OR
Wilsonville, OR
Vancouver, WA
Portland, OR
Gresham, OR
$1,899
$1,791
$1,789
$1,785
$1,700
$1,554
$1,535
$1,450
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have decreased in Portland over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Portland suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Vancouver, WA, Beaverton, OR, Hillsboro, OR, Tigard, OR, Oregon City, OR .

  • Rent decreased in Gresham, OR, Wilsonville, OR.

  • 6 suburbs are currently priced higher than the city of Portland.

  • 1 suburb is currently priced lower than the city of Portland.

December 2024 Pricing Trends: Portland vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Portland, OR
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,535
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Portland Rent Prices More Affordable Than Major Cities

Rent growth in Portland over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Portland average rent prices appear to be relatively affordable for local residents.

The price for a Portland one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Portland and surrounding area rent prices, take a look at the complete data set below.

Data set for Portland and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Portland, OR $1,535.0 0.72% $1,942.0 0.94%
Vancouver, WA $1,554.0 2.78% $1,763.0 -0.11%
Beaverton, OR $1,791.0 1.19% $1,975.0 -0.35%
Hillsboro, OR $1,785.0 0.28% $2,034.0 -0.88%
Tigard, OR $1,789.0 9.09% $1,907.0 -0.37%
Oregon City, OR $1,899.0 3.38% $2,247.0 1.91%
Gresham, OR $1,450.0 0.00% $1,677.0 -0.77%
Wilsonville, OR $1,700.0 -0.29% $2,021.0 0.10%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.