97123 rental market
Last updated August 11, 2025
Rental market summary
The average rent for 1 bedroom properties in 97123 is $1,396.
$1,396
-$95
-$129
10
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $1,122 to $1,600.
| Rent price | Number of rental properties |
|---|---|
| $1,100 | 2 |
| $1,200 | 2 |
| $1,300 | 2 |
| $1,400 | 3 |
| $1,500 | 2 |
| $1,600+ | 1 |
Average rent price over time
In the last year, rent has decreased by $129 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,395 | $1,295 |
| Feb | $1,425 | $1,399 |
| Mar | $1,400 | $1,399 |
| Apr | $1,457 | $1,450 |
| May | $1,445 | $1,413 |
| Jun | $1,445 | $1,450 |
| Jul | $1,425 | $1,450 |
| Aug | $1,525 | $1,442 |
| Sep | $1,500 | No data |
| Oct | $1,445 | No data |
| Nov | $1,512 | No data |
| Dec | $1,325 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 97123 is 12% lower than the national average.
$1,396
$1,592
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Rent trends near 97123
Frequently asked questions
1. What is the average rent in 97123?
The average rent in 97123 is $2,500.
2. How much does it cost to rent a house in 97123?
Houses in 97123 rent between $800 - $8,500 with an average rent of $2,500.
3. How has the rent in 97123 changed in the last year?
In the last year, the rent in 97123 increased by $105
4. How much has the rent in 97123 increased/decreased in the last month?
In the last month, the rent in 97123 increased by $5
5. How many available rentals are there in 97123?
There are currently 85 rentals available in 97123.
6. How do rent prices in 97123 compare with the national average?
The average rent in 97123 is $2,500 — Infinity% higher the national average of $0.