How many apartments are available in 97838 on Rentable.co?
Rentable.co has 5 apartments available for rent in 97838.
What is the average rent for an apartment in 97838?
The average rent for an apartment in 97838 is around $1,600 per month.
Find an Apartment in 97838
If you're searching for apartments for rent in 97838 Hermiston, OR, you're in luck! Currently, there are 5 units available for rent in this zip code on Rentable. The average rent in 97838 is $1,600, with options for different floor plans starting at $1,595.
Hermiston, OR offers a variety of amenities and nearby points of interest for residents. There are several parks in the area where you can enjoy outdoor activities and relax. Additionally, you'll find a range of community amenities to enhance your living experience.
Why wait? Take a look at Rentable's apartments near 97838 Hermiston, OR and find the perfect rental that suits your needs and preferences.
Hermiston: May Rent Report
Welcome to the May 2024 Hermiston Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2024 key findings and figures for the Hermiston rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Hermiston and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Hermiston average rent prices in the chart below.
Monthly Rent Report
$1,400
$1,050
$700
$350
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR2 BR
Hermiston Rent Prices Decrease From April to May
Hermiston rent prices decreased over the last month. From April to May, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Hermiston one-bedroom apartments currently stands at $995.0.
When we take a look at the two-bedroom comparison from April to May, Hermiston experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Hermiston two-bedroom apartments currently stands at $1,295.0.
May Prices: Hermiston vs. Surrounding Areas
Rent Prices in Hermiston and Surrounding Areas
Rent prices have decreased in Hermiston over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hermiston suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Hermiston suburbs
Rents did not decrease in any of the Hermiston suburbs.
May 2024 Pricing Trends: Hermiston vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Hermiston Rent Prices More Affordable Than Major Cities
Rent growth in Hermiston over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Hermiston average rent prices appear to be
relatively affordable for local residents.
The price for a Hermiston one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Hermiston and surrounding area rent prices, take a look at the complete data set below.
Data set for Hermiston and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.