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Rental Market Trends in Independence, OR

What is the average rent in Independence, OR?

$1,529/month

Average Rent

707 Sq Ft

Average Apartment Size

+0.2%

Increase in the Last Year

As of May 2025, the average rent in Independence, OR is $1,529 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Independence rent prices are 6% lower than the national average. When you rent an apartment in Independence, you can expect to pay about $1,255 per month for a studio, $1,529 for a one-bedroom apartment, and around $1,674 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,806 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,255/month
496 Sq Ft
One Bedroom
$1,529/month
707 Sq Ft
Two Bedroom
$1,674/month
919 Sq Ft
Three Bedroom
$1,806/month
1,212 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Independence, OR?

In the past year, rent has increased by 0.2%, which averages out to $4 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Independence, OR
Last Updated May 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Independence, OR
Percentage*
Rent Range
10% Below $700/month
10% $700 - $1,000/month
20% $1,001 - $1,500/month
60% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Independence, OR?

Because the average rent in Independence is $1,529, you’ll want to make about $5,096 per month or $61,152 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Independence, OR

61 Available Apartments for Rent

Search for Nearby Apartments

How does Independence, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare Independence, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Monmouth Average Rent
  • Dallas Average Rent
  • Salem Average Rent
  • Keizer Average Rent

Apartment communities in Independence we think you'll love

Legacy Oaks Apartments

Legacy Oaks Apartments

675 White Oak Cir,
Independence, OR 97351

1-3 Beds | $1,450 - $1,875

Riverplace Apartment Homes

Riverplace Apartment Homes

201 DeAnn Dr,
Independence, OR 97351

Studio - 3 Beds | $1,675 - $2,261

Independence Landing Apartments

Independence Landing Apartments

375 Osprey Ln,
Independence, OR 97351

Studio - 3 Beds | $1,415 - $2,745

Ash Creek Apartments

Ash Creek Apartments

353-367 S 8th St,
Independence, OR 97351

2 Beds | $1,450 - $1,550

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United States Oregon Independence Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity