97040 rental market

What is the average rent in 97040?

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Last updated December 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in 97040 is $3,500.

Average rent

$3,500

Month-over-month change

$0

Year-over-year change

+$300

Available rentals

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 frequencies
Rent priceNumber of rental properties
$3,4001
$3,500+1

Average rent price over time

In the last year, rent has increased by $300 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$4,500$3,500
Feb$2,450$3,500
Nov$3,400No data
Dec$3,200No 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.

cool

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.

97040vs.

$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.