Apartments in 97227

31 - 35 of 35 Results
15
$1,395
3108 N Williams Ave Portland, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Mississippi
0
$1,235 - 1,940
3270 N Vancouver Ave Portland, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Fitness Center
0
$1,740
430 N Failing St Portland, OR
2 BR | Available Now
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Dishwasher
Boise
0
$3,495
16581 SW Sunshine Coast St Tigard, OR
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$2,795
3812 N Gantenbein Ave Portland, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Boise
31 - 35 of 35 Results
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How much does it cost to rent an apartment in 97227?

97227 apartments
Bed Type Average Rent Range
Studio $1,100 $900 - $1,610
1BR $1,410 $1,000 - $2,170
2BR $2,050 $1,390 - $2,700
3BR $2,850 $2,500 - $5,500
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 110 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 $895.

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:
November Rent Report

Welcome to the November 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$2,000
$1,500
$1,000
$500
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Portland Rent Prices Increase From October to November

Portland rent prices increased over the last month. From October to November, the city experienced a 0.72% increase for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,535.0.

When we take a look at the two-bedroom comparison from October to November, Portland experienced a 0.94% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $1,942.0.

November Prices: Portland vs. Surrounding Areas

Hillsboro, OR
Beaverton, OR
Wilsonville, OR
Tigard, OR
Portland, OR
Vancouver, WA
Gresham, OR
$1,780
$1,770
$1,705
$1,640
$1,524
$1,512
$1,450
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have increased 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, 1 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, Wilsonville, OR .

  • Rent decreased in Gresham, OR.

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

  • 2 suburbs are currently priced lower than the city of Portland.

November 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
$4,211
$3,115
$2,373
$2,354
$1,903
$1,524
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Portland Rent Prices More Affordable Than Major Cities

Rent growth in Portland over the past year has been on the rise. 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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Portland, OR $1,524.0 2.35% $1,924.0 3.94%
Vancouver, WA $1,512.0 3.42% $1,765.0 0.92%
Beaverton, OR $1,770.0 2.97% $1,982.0 1.96%
Hillsboro, OR $1,780.0 0.40% $2,052.0 0.19%
Tigard, OR $1,640.0 1.80% $1,914.0 -1.64%
Gresham, OR $1,450.0 0.00% $1,690.0 0.00%
Wilsonville, OR $1,705.0 0.35% $2,019.0 0.35%

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.