97123 rental market

What is the average rent in 97123?

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Last updated February 10, 2026

Rental market summary

The average rent for all bedrooms and all property types in 97123 is $2,395.

Average rent

$2,395

Month-over-month change

+$50

Year-over-year change

$0

Available rentals

123

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $850 to $6,387.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$9003
$1,0004
$1,1001
$1,2002
$1,3003
$1,4006
$1,5005
$1,60012
$1,7001
$1,8002
$1,9004
$2,0004
$2,1004
$2,20014
$2,30010
$2,40011
$2,50014
$2,60010
$2,7006
$2,8007
$2,9008
$3,0004
$3,1001
$3,2002
$3,3001
$3,4001
$3,5001
$3,8002
$3,9001
$4,0001
$5,000+1

Average rent price over time

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,295$2,300
Feb$2,395$2,395
Mar$2,350No data
Apr$2,400No data
May$2,450No data
Jun$2,425No data
Jul$2,325No data
Aug$2,495No data
Sep$2,395No data
Oct$2,395No data
Nov$2,395No data
Dec$2,395No data

Market temperature

The 97123 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 97123 is 20% higher than the national average.

97123vs.

$2,395

$1,995

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Frequently asked questions

1. What is the average rent in 97123?

The average rent in 97123 is $2,395.

2. What is the average rent for a studio apartment in 97123?

The average rent for a studio apartment in 97123 is $1,095 per month.

3. What is the average rent for a one-bedroom apartment in 97123?

The average rent for a one-bedroom apartment in 97123 is $1,350 per month.

4. What is the average rent for a two-bedroom apartment in 97123?

The average rent for a two-bedroom apartment in 97123 is $1,650 per month.

5. What is the average rent for a three-bedroom apartment in 97123?

The average rent for a three-bedroom apartment in 97123 is $2,400 per month.

6. What is the average rent for a four-bedroom apartment in 97123?

The average rent for a four-bedroom apartment in 97123 is $3,020 per month.

7. How much does it cost to rent a house in 97123?

Houses in 97123 rent between $850 - $6,387 with an average rent of $2,395.

8. How has the rent in 97123 changed in the last year?

In the last year, the rent in 97123 did not change.

9. How much has the rent in 97123 increased/decreased in the last month?

In the last month, the rent in 97123 increased by $50

10. How many available rentals are there in 97123?

There are currently 123 rentals available in 97123.

11. How do rent prices in 97123 compare with the national average?

The average rent in 97123 is $2,395 — 20.05% higher the national average of $1,995.