Portland, OR Rent Trends

Rank #34, last updated September 16

Need help setting rent prices for your property? Try our free rental pricing tool here.

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 $1,433. The average rent of a 2-bedroom in Portland, OR is $1,695. The average rent of a 3-bedroom in Portland, OR is $2,700.

Studio

$1,175


1 bed

$1,433


2 beds

$1,695


3+ beds

$2,700

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

Sep 01 2024Oct 17 2024Dec 02 2024Jan 17 2025Mar 04 2025Apr 19 2025Jun 03 2025Jul 17 2025Sep 16 2025$1,190$1,390$1,590$1,800
  • Portland
  • National

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 749 square feet, while the median apartment size for Portland, OR is 665 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (33.44%) are 2 bedroom apartments, while the fewest (12.96%) are 3+ bedroom apartments. Meanwhile, 1 bedroom apartments account for 30.91%, and studio apartments make up 22.69%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Portland?

Studio1 bed2 beds3+ beds
Arbor Lodge*$1,405*$2,950
Boise$1,047$1,472*$2,700
Buckman Community Association$1,095$1,420**
Cathedral Park$1,149*$1,950*
Centennial*$1,125$1,445*
Creston-Kenilworth$1,117$1,350$1,573*
Eliot$1,080$1,414$1,645*
Glenfair*$1,150$1,450*
Goose Hollow Foothills League$1,137$1,338$1,850*
Hayhurst*$1,381$1,500*
Hazelwood*$1,175$1,473$2,195
Hillsdale*$1,377$1,799*
Homestead*$1,412$1,765*
Irvington*$1,495$1,850*
Kenton*$1,295$2,165*
Kerns$1,095$1,495**
Lents**$1,750$1,995
Montavilla*$1,345$1,538*
Mt. Tabor$1,185$1,349$1,695*
Multnomah*$1,395$1,600*
North Tabor$1,187$1,499$1,582*
Overlook$1,220$1,495**
Parkrose**$1,587$1,895
Pearl District$1,696$2,082$3,400*
Portland Downtown$1,054$1,545$2,049*
Portsmouth**$1,795$2,395
Powellhurst-Gilbert*$1,323$1,597$2,345
Richmond*$1,497$1,885*
Rose City Park*$1,520$1,735*
Sellwood-Moreland Improvement League*$1,495$2,118*
South Portland$1,135$1,333$1,995*
Southwest Hills$1,045*$1,675$4,995
St. Johns$1,265$1,437$1,690$2,395
University Park$1,049**$2,898
Woodstock$1,350$1,720$1,845*

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

Popular searches

Pet Friendly Apartments Portland

756 apartments starting at $895/month

Studio Apartments Portland

573 apartments starting at $745/month

1 Bedroom Apartments Portland

1,350 apartments starting at $745/month

2 Bedroom Apartments Portland

664 apartments starting at $1,045/month

3 Bedroom Apartments Portland

161 apartments starting at $1,200/month

Cheap Apartments Portland

2,238 apartments starting at $645/month

Short Term Rentals Portland

89 apartments starting at $949/month

Houses for Rent Portland

88 apartments starting at $795/month

Nearby neighborhoods

Buckman Community Association Apartments

40 apartments starting at $950/month

Creston-Kenilworth Apartments

48 apartments starting at $950/month

Eliot Apartments

95 apartments starting at $820/month

Goose Hollow Foothills League Apartments

88 apartments starting at $750/month

Homestead Apartments

22 apartments starting at $925/month

Irvington Apartments

20 apartments starting at $1,175/month

Kerns Apartments

102 apartments starting at $745/month

North Tabor Apartments

33 apartments starting at $999/month

Overlook Apartments

58 apartments starting at $925/month

Pearl District Apartments

85 apartments starting at $1,027/month

Portland Downtown Apartments

153 apartments starting at $795/month

South Portland Apartments

50 apartments starting at $925/month

Nearby cities

Aloha Apartments

92 apartments starting at $1,195/month

Beaverton Apartments

445 apartments starting at $1,050/month

Bethany Apartments

81 apartments starting at $1,645/month

Lake Oswego Apartments

85 apartments starting at $1,550/month

Milwaukie Apartments

66 apartments starting at $1,100/month

Tigard Apartments

224 apartments starting at $1,240/month

Tualatin Apartments

80 apartments starting at $1,160/month

Vancouver Apartments

547 apartments starting at $999/month

West Linn Apartments

24 apartments starting at $1,295/month

Nearby universities

Lewis & Clark College Apartments

165 apartments starting at $1,100/month

NUNM Apartments

217 apartments starting at $895/month

OHSU Apartments

239 apartments starting at $795/month

Porland Actors Conservatory Apartments

604 apartments starting at $750/month

Portland State University Apartments

378 apartments starting at $750/month

Popular metro areas

Portland Metro Apartments

5,779 apartments starting at $745/month

Seattle Metro Apartments

6,473 apartments starting at $575/month