Portland, OR Rent Trends
Rank #33, last updated April 24
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 $1,187. The average rent of a 1-bedroom in Portland, OR is $1,445. The average rent of a 2-bedroom in Portland, OR is $1,695. The average rent of a 3-bedroom in Portland, OR is $2,695.
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 723 square feet, while the median apartment size for Portland, OR is 670 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (39.04%) are 1 bedroom apartments, while the fewest (9.58%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 31.46%, and studio apartments make up 19.92%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Portland?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Arbor Lodge | $1,223 | $1,398 | $1,795 | $2,845 |
| Argay Terrace | * | $1,293 | $1,821 | * |
| Brentwood-Darlington | * | * | $1,587 | $2,395 |
| Brooklyn Action Corps | $1,231 | * | $1,495 | * |
| Centennial | * | $1,161 | $1,350 | * |
| Creston-Kenilworth | * | $1,275 | $1,545 | * |
| Eliot | $1,428 | $1,590 | $1,895 | $3,599 |
| Foster-Powell | * | * | $1,445 | $2,549 |
| Goose Hollow Foothills League | $1,150 | $1,375 | $1,850 | * |
| Hayhurst | * | * | $1,695 | $1,925 |
| Hazelwood | * | $1,260 | $1,495 | $2,195 |
| Homestead | $1,103 | $1,528 | * | * |
| Humboldt | * | $1,445 | $1,950 | * |
| Irvington | * | $1,375 | $1,748 | * |
| Kenton | * | $1,407 | $1,950 | $2,795 |
| Kerns | $1,255 | $1,470 | * | * |
| King | * | $1,450 | $2,095 | * |
| Montavilla | * | $1,395 | $1,595 | $2,395 |
| Mt. Tabor | $1,225 | * | $1,699 | * |
| Multnomah | * | $1,395 | $1,795 | * |
| North Tabor | * | $1,444 | $1,795 | * |
| Overlook | $1,183 | $1,410 | $1,899 | * |
| Pearl District | $1,507 | $1,866 | $2,751 | * |
| Portland Downtown | $1,071 | $1,500 | $2,105 | * |
| Powellhurst-Gilbert | * | $1,350 | $1,495 | $2,448 |
| Reed | $1,132 | $1,412 | $2,046 | * |
| Richmond | $1,153 | $1,405 | * | * |
| Rose City Park | $1,078 | $1,410 | $1,795 | * |
| Sellwood-Moreland Improvement League | $1,243 | $1,461 | $1,699 | * |
| South Portland | $1,025 | $1,495 | $2,045 | * |
| Southwest Hills | $1,150 | * | $1,635 | * |
| St. Johns | * | $1,528 | $1,600 | $2,347 |
| Sunnyside | $1,214 | $1,438 | * | * |
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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