Portland, OR Rent Trends

Rank #32, last updated December 23

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Portland?

The average rent of a studio apartment in Portland, OR is $1,150. The average rent of a 1-bedroom in Portland, OR is $1,395. The average rent of a 2-bedroom in Portland, OR is $1,625. The average rent of a 3-bedroom in Portland, OR is $2,595.

Studio

$1,150


1 bed

$1,395


2 beds

$1,625


3+ beds

$2,595

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Portland

Apartment Rent Ranges in Portland

The monthly rent for apartments in Portland, OR ranges from $700 to $2,300+.

$700 - $1,100

$1,100 - $1,500

$1,500 - $1,900

$1,900 - $2,300

$2,300+

What is the average apartment size in Portland?

The average size of a Portland, OR apartment is 738 square feet, while the median apartment size for Portland, OR is 681 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (33.09%) are 1 bedroom apartments, while the fewest (13.1%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 33.03%, and studio apartments make up 20.78%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Portland?

Studio1 bed2 beds3+ beds
Arbor Lodge*$1,355$2,440*
Brentwood-Darlington**$1,498$2,495
Cathedral Park*$1,400$2,099*
Centennial*$1,179$1,457*
Creston-Kenilworth*$1,195$1,448*
Eliot$1,085$1,395*$3,250
Goose Hollow Foothills League$1,094$1,350$1,859*
Hazelwood*$1,137$1,450$1,888
Hollywood*$1,475$1,650*
Homestead$1,145$1,450$1,980*
Irvington*$1,395$1,635*
Kerns$1,268$1,435$1,733*
Lents**$1,456$2,270
Lloyd District Community Association$1,490$1,367$1,900*
Montavilla$942$1,160$1,375$2,545
Multnomah*$1,295$1,675*
North Tabor$1,275$1,290$1,435*
Overlook$1,161$1,399*$3,010
Parkrose$950*$1,495*
Pearl District$1,750$1,989$2,625*
Portland Downtown$940$1,396$1,595*
Portsmouth*$1,495$1,675*
Powellhurst-Gilbert*$1,195$1,453$2,495
Richmond*$1,395$1,850*
Rose City Park$1,195$1,455**
Sellwood-Moreland Improvement League$1,245$1,399$2,000*
South Portland$1,212$1,388$2,095*
South Tabor*$1,369$1,495*
St. Johns*$1,414$1,575$2,895
University Park**$2,173$2,695
West Portland Park*$1,300$1,642*
Woodstock$1,355$2,098$1,945*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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