97040 rental market
What is the average rent in 97040?
Last updated December 8, 2025
Rental market summary
The average rent for all bedrooms and all property types in 97040 is $3,500.
$3,500
$0
+$300
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $3,500 to $3,500.
| Rent price | Number of rental properties |
|---|---|
| $3,400 | 1 |
| $3,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $300 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $4,500 | $3,500 |
| Feb | $2,450 | $3,500 |
| Nov | $3,400 | No data |
| Dec | $3,200 | No data |
Market temperature
The 97040 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 97040 is 35% higher than the national average.
$3,500
$2,600
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Frequently asked questions
1. What is the average rent in 97040?
The average rent in 97040 is $2,200.
2. What is the average rent for a one-bedroom apartment in 97040?
The average rent for a one-bedroom apartment in 97040 is $2,200 per month.
3. What is the average rent for a two-bedroom apartment in 97040?
The average rent for a two-bedroom apartment in 97040 is $3,000 per month.
4. What is the average rent for a three-bedroom apartment in 97040?
The average rent for a three-bedroom apartment in 97040 is $2,800 per month.
5. What is the average rent for a four-bedroom apartment in 97040?
The average rent for a four-bedroom apartment in 97040 is $3,500 per month.
6. How much does it cost to rent a house in 97040?
Houses in 97040 rent between $2,200 - $3,500 with an average rent of $2,200.
7. How has the rent in 97040 changed in the last year?
In the last year, the rent in 97040 decreased by $1,000
8. How much has the rent in 97040 increased/decreased in the last month?
In the last month, the rent in 97040 decreased by $250
9. How many available rentals are there in 97040?
There are currently 2 rentals available in 97040.
10. How do rent prices in 97040 compare with the national average?
The average rent in 97040 is $2,200 — Infinity% higher the national average of $0.