97040 rental market

What is the average rent in 97040?

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Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in 97040 is $2,250.

Average rent

$2,250

Month-over-month change

$0

Year-over-year change

-$250

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,250 to $2,250.

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Rent frequencies
Rent priceNumber of rental properties
$2,200+1

Average rent price over time

In the last year, rent has decreased by $250 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Feb$1,500$2,200
Apr$2,800$3,500
Sep$3,800$3,433
Oct$2,113$3,500
Nov$2,500$2,250
Dec$2,800$2,250

Market temperature

The 97040 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 97040 is 12% higher than the national average.

97040vs.

$2,250

$2,010

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Frequently asked questions

1. What is the average rent in 97040?

The average rent in 97040 is $2,250.

2. What is the average rent for a one-bedroom apartment in 97040?

The average rent for a one-bedroom apartment in 97040 is $2,250 per month.

3. What is the average rent for a three-bedroom apartment in 97040?

The average rent for a three-bedroom apartment in 97040 is $2,500 per month.

4. How much does it cost to rent a house in 97040?

Houses in 97040 rent between $2,250 - $2,250 with an average rent of $2,250.

5. How has the rent in 97040 changed in the last year?

In the last year, the rent in 97040 decreased by $250

6. How much has the rent in 97040 increased/decreased in the last month?

In the last month, the rent in 97040 did not change.

7. How many available rentals are there in 97040?

There are currently 1 rentals available in 97040.

8. How do rent prices in 97040 compare with the national average?

The average rent in 97040 is $2,250 — 11.94% higher the national average of $2,010.

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