Apartments For Rent in 97212
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Use arrow keys to navigateINCOME RESTRICTED$1,051 - $1,819/mo
1-3 Beds
1-2 BathsThe Magnolia Apartments | 3250 NE Martin Luther King Jr Blvd #253,
Portland, OR 97212
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Average Rent Trends in 97212
Rent in 97212 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,675 |
| Aug 2025 | $1,995 |
| Sep 2025 | $1,999 |
| Oct 2025 | $2,169 |
| Nov 2025 | $2,005 |
| Dec 2025 | $1,850 |
| Jan 2026 | $2,150 |
| Feb 2026 | $1,931 |
| Mar 2026 | $1,762 |
| Apr 2026 | $1,795 |
| May 2026 | $1,800 |
| Jun 2026 | $2,123 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,500 | $1,800 | $3,495 | $4,700 | $2,100 |
| Townhomes | — | — | — | $12,000 | $12,000 |
| Apartments and Condos | $1,500 | $2,322 | $6,240 | — | $2,100 |
| Houses | $1,895 | $3,085 | $3,435 | $4,250 | $3,690 |
Frequently Asked Questions about Rentals in 97212
- What is the average rent of an apartment in 97212?The average rent of an apartment in 97212 is $1,613 per month. This is about 17% lower than the national average.
- What is the average rent of a house in 97212?The average rent of a house in 97212 is $3,690 per month. This is about 89% higher than the national average.
- What is the average rent of a townhome in 97212?The average rent of a townhome in 97212 is $12,000 per month. This is about 515% higher than the national average.
- When is the average rent cheapest in 97212?In the last year, the average rent in 97212 was lowest in Jul 2025 when it was $1,675 per month.
- When is the average rent most expensive in 97212?In the last year, the average rent in 97212 was highest in Oct 2025 when it was $2,169 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 97212?The average rent of a 1 bedroom apartment in 97212 is $1,500 per month. That is about $300 more than the cost of a studio apartment.
- How many available rental listings are in 97212?There are 49 available rental listings in 97212.
- What are some cities near 97212?Some nearby cities include: Portland, Raleigh Hills, West Slope, Garden Home-Whitford, Milwaukie, Metzger. These cities may have more rental options to explore.