97229 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.

Cedar Mill, OR map (which includes 97229) of rent costs by neighborhood

Rental Price Key

Luxury
High-end
Mid-tier
Most affordable

 


On average, the cost of rent in 97229 is about $1,979 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,355. Households in 97229 have a median income of $11,243 per month so the average renter in 97229 is spending roughly 18% of their earnings on housing.

Nationally, and in 97229, home values are the data point most closely correlated with the cost of rent. The median price of a home in 97229 is $696,764 right now, which is higher than zip codes nearby, meaning that rents in 97229 also tend to be higher versus these nearby zip codes.

Higher rent prices are common in the eastern parts of 97229 while lower rent rates are often available in southwestern areas.

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