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Average Rent in Portland 97217 & Rent Trends
What is the average rent in Portland 97217?
The average listed apartment rent in Portland 97217 is $1,666 per month, as of November 6, 2026. This sample includes 31 priced apartments in 1 building. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
Rent prices and market trends across 1 apartment community in Portland 97217, Portland, OR. Prices update after successful source checks.
Showing any bedrooms in Portland 97217.
Market Average
$1,666/mo
Lowest Available
$1,480/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
31
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Portland 97217 vs Portland, OR Average
Portland 97217 is cheaper than the Portland, OR average by $393/mo (19%). The citywide average is $2,059/mo across all neighborhoods.
Is Rent Going Up or Down in Portland 97217?
As of November 2026, the average rent in Portland 97217 is $1,666 per month across 1 apartment community and 31 available units.
The most affordable option is Prose Hayden Island starting at $1,480/mo. By unit type, a 1-bedroom averages $1,545/mo, a 2-bedroom averages $1,961/mo.
Prices range from $1,480 to $2,354 per month. The most common price point is the $1,400 range, where 17 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Portland 97217
Rent Prices by Apartment in Portland 97217
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Prose Hayden Island | $1,480/mo | $1,666/mo | 31 | 4.5 |
Frequently Asked Questions About Rent in Portland 97217
What is the average rent in Portland 97217?
What rent range can I find in Portland 97217?
Are rents going up or down in Portland 97217?
How much is a 1-bedroom apartment in Portland 97217?
How much is a 2-bedroom apartment in Portland 97217?
How do 1-bedroom and 2-bedroom rents compare in Portland 97217?
Which tracked building has the lowest starting rent in Portland 97217?
Which rent range has the most listings in Portland 97217?
How many apartment listings do you track in Portland 97217?
How much rent history is available for Portland 97217?
Why can the headline rent differ from the trend chart in Portland 97217?
Does my bedroom choice change the prices and answers?
Do these rents include utilities, parking, and other fees?
How should I compare free-rent offers with listed rent?
Does this page represent every rental in the market?
How fresh are the Portland 97217 rent figures?
What salary do I need to live comfortably in Portland 97217?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$67,000/year
Based on the 30 percent rule, using our tracked average rent of $1,666/mo.
Comfortable income
$80,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,480/mo), you need to earn at least $59,000/year.
Median household income in Portland 97217 is $88,792 , about 11% above the comfortable-living threshold.
Explore Portland 97217 Apartments
Browse all 1 communities with daily-updated pricing and availability.
Cost of living in Portland 97217
Overall prices in Portland 97217 runs above the national average by about 7% (BEA Regional Price Parity index 106.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Portland 97217's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,666 |
| Utilities | $537 |
| Groceries | $566 |
| Transportation | $1,279 |
| Healthcare | $624 |
| Other goods and services | $998 |
| Estimated total | $5,670/mo |
Population
642,715
Median household income
$88,792
Census median rent
$1,596/mo
Census rent burden
30.6%
Median age
38.6
Mean commute
25 min
Google Search Trends for Portland 97217 Apartments
Search interest for apartments in this area over the past 12 months.