Apartments for Rent in Sommerset West - Elmonica North, Oak Hills, OR

Sommerset West - Elmonica North, Oak Hills apartment availability

Sommerset West - Elmonica North offers a very strong selection of rental listings, with an average of 136 rentals available each month in 2024. The neighborhood's rental market is comprised of a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, with a smaller number of studios. Many of these apartments offer popular amenities such as in-unit laundry, available in 59% of rentals, and pet-friendliness, with 51% allowing small pets. This makes Sommerset West - Elmonica North a great option for renters with pets or those who value the convenience of in-unit laundry.

Sommerset West - Elmonica North, Oak Hills rental market trends

Sommerset West - Elmonica North in Oak Hills is experiencing a notable surge in rent prices, with the average monthly rent across all property types increasing by 13.4% year-over-year to $2,485 in 2024. This upward trend is evident across various bed counts, with 1-bedrooms averaging $1,602 (up 3.2% from 2023), 2-bedrooms at $1,861 (up 2.1%), and 3-bedrooms at $2,584 (up 1.4%). Studios saw a modest 0.7% increase to $1,341.

The rental market in Sommerset West - Elmonica North is most competitive in October, with rents peaking at 16.2% higher than the lowest month, May. This significant fluctuation presents an opportunity for renters to find better deals during the less competitive months. For those looking to rent in this area, understanding these market trends can help inform their apartment hunt and potentially lead to more affordable options.

Why Sommerset West - Elmonica North, Oak Hills is a great place to live

Sommerset West - Elmonica North is a neighborhood that caters to renters who prioritize pet friendliness and an active social life. With an abundance of outdoor spaces, dog parks, and pet-friendly amenities such as pet waste stations and pet-safe windows, this area makes it easy for pet owners to care for their furry friends. The neighborhood's social scene is also thriving, thanks to its excellent walk score, safe streets, and frequent transit options. Additionally, the age distribution of the neighborhood suggests a diverse community, making it an ideal spot for renters looking to connect with others. Whether you're a pet owner or a social butterfly, Sommerset West - Elmonica North has something to offer.