Portland, OR Rent Trends

Rank #35, last updated June 29

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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 $1,175. The average rent of a 1-bedroom in Portland, OR is $1,399. The average rent of a 2-bedroom in Portland, OR is $1,695. The average rent of a 3-bedroom in Portland, OR is $2,875.

Studio

$1,175


1 bed

$1,399


2 beds

$1,695


3+ beds

$2,875

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 $600 to $2,600+.

$600 - $1,100

$1,100 - $1,600

$1,600 - $2,100

$2,100 - $2,600

$2,600+

What is the average apartment size in Portland?

The average size of a Portland, OR apartment is 744 square feet, while the median apartment size for Portland, OR is 655 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (33.19%) are 1 bedroom apartments, while the fewest (11.5%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 32.56%, and studio apartments make up 22.75%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Portland?

Studio1 bed2 beds3+ beds
Argay Terrace**$1,958$2,750
Boise$999$1,399$2,245*
Brentwood-Darlington**$1,995$2,495
Buckman Community Association$1,045$1,345**
Cathedral Park$1,184*$1,773*
Centennial*$1,200$1,495*
Creston-Kenilworth$950$1,310$1,628*
Eliot$1,108$1,435**
Goose Hollow Foothills League$1,075$1,425$1,699*
Hazelwood*$1,275$1,495$2,295
Homestead$1,135$1,495**
Humboldt*$1,419*$2,995
Irvington*$1,375$1,863*
Kenton*$1,492$2,198*
Kerns$1,217$1,465**
Lents$1,123$1,311$1,675$2,895
Montavilla*$1,375$1,595*
Mt. Tabor$1,247$1,237**
Multnomah*$1,323$1,685*
North Tabor*$1,318$1,670$3,495
Overlook$1,208$1,371**
Pearl District$1,695$1,824$3,030*
Portland Downtown$1,043$1,375$1,726*
Powellhurst-Gilbert*$1,259$1,538$2,423
Rose City Park*$1,495$1,898*
Sellwood-Moreland Improvement League$1,250$1,488$1,825$2,499
South Portland$1,095$1,525$2,145*
Southwest Hills$1,225*$1,617$5,995
St. Johns$1,288$1,399$1,648$2,348
Sunnyside$1,424$1,483**
University Park**$2,350$3,297
Woodstock$1,400$1,880$1,997*

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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