97123 rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in 97123 is $2,440.

Average rent

$2,440

Month-over-month change

-$10

Year-over-year change

+$50

Available rentals

93

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $750 to $8,500.

Rent frequencies
Rent priceNumber of rental properties
$7002
$8001
$9001
$1,0001
$1,1001
$1,2002
$1,3001
$1,4006
$1,5006
$1,6002
$1,7001
$1,8003
$1,9005
$2,1001
$2,2007
$2,30014
$2,4009
$2,50010
$2,60010
$2,7008
$2,8007
$2,9002
$3,1001
$3,2003
$3,4001
$3,5001
$3,7001
$4,4001
$4,5001
$5,000+2

Average rent price over time

In the last year, rent has increased by $50 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,300$2,295
Feb$2,395$2,395
Mar$2,200$2,350
Apr$2,058$2,400
May$2,495$2,450
Jun$2,125$2,425
Jul$2,425$2,325
Aug$2,350$2,495
Sep$2,390No data
Oct$2,320No data
Nov$2,450No data
Dec$2,300No 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 16% higher than the national average.

97123vs.

$2,440

$2,100

Rent in 97123

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Frequently asked questions

1. What is the average rent in 97123?

The average rent in 97123 is $2,440.

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

Houses in 97123 rent between $750 - $8,500 with an average rent of $2,440.

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

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

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

In the last month, the rent in 97123 decreased by $10

5. How many available rentals are there in 97123?

There are currently 93 rentals available in 97123.

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

The average rent in 97123 is $2,440 — 16.19% higher the national average of $2,100.