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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 $1,172. The average rent of a 1-bedroom in Portland, OR is $1,400. The average rent of a 2-bedroom in Portland, OR is $1,695. The average rent of a 3-bedroom in Portland, OR is $2,863.

Studio

$1,172


1 bed

$1,400


2 beds

$1,695


3+ beds

$2,863

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

Jun 17 2024Jul 31 2024Sep 15 2024Oct 31 2024Dec 16 2024Jan 31 2025Mar 18 2025May 04 2025Jul 03 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 $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 745 square feet, while the median apartment size for Portland, OR is 654 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (33.03%) are 1 bedroom apartments, while the fewest (12.08%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 31.82%, and studio apartments make up 23.07%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Portland?

Studio1 bed2 beds3+ beds
Argay Terrace**$1,959$2,750
Boise$1,022$1,399$2,250*
Brentwood-Darlington**$1,995$2,723
Buckman Community Association$1,095$1,495**
Cathedral Park$1,184*$1,795*
Centennial*$1,200$1,448*
Creston-Kenilworth$950$1,325$1,595*
Eliot$1,111$1,495**
Goose Hollow Foothills League$1,085$1,450$1,840*
Hazelwood*$1,275$1,495$2,245
Hillsdale*$1,262$1,695*
Homestead$1,126$1,495**
Humboldt*$1,415*$2,995
Irvington*$1,375$1,913*
King*$1,275$2,550*
Lents*$1,260$1,785$2,895
Montavilla*$1,300$1,595*
Mt. Tabor$1,235$1,237**
Multnomah*$1,295$1,643*
North Tabor*$1,318$1,673*
Overlook$1,208$1,410**
Pearl District$1,595$1,824$2,985*
Portland Downtown$1,032$1,349$1,852*
Powellhurst-Gilbert*$1,227$1,525$2,395
Rose City Park*$1,495$1,995*
Sellwood-Moreland Improvement League$1,250$1,450$1,673$2,499
South Portland$1,225$1,525$2,195*
Southwest Hills$1,200*$1,617$5,650
St. Johns$1,288$1,378$1,600$2,500
Sunnyside$1,424$1,463**
Woodstock$1,400$1,830$1,999*

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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