Portland, OR Rent Trends

Rank #34, last updated June 12

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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 $1,168. The average rent of a 1-bedroom in Portland, OR is $1,388. The average rent of a 2-bedroom in Portland, OR is $1,635. The average rent of a 3-bedroom in Portland, OR is $2,600.

Studio

$1,168


1 bed

$1,388


2 beds

$1,635


3+ beds

$2,600

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 $800 to $2,000+.

$800 - $1,100

$1,100 - $1,400

$1,400 - $1,700

$1,700 - $2,000

$2,000+

What is the average apartment size in Portland?

The average size of a Portland, OR apartment is 708 square feet, while the median apartment size for Portland, OR is 636 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (34.47%) are 1 bedroom apartments, while the fewest (10.28%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 29.54%, and studio apartments make up 25.72%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Portland?

Studio1 bed2 beds3+ beds
Arbor Lodge*$1,395$1,795*
Argay Terrace**$1,445$1,895
Boise$995$1,395**
Brentwood-Darlington**$2,199$2,595
Brooklyn Action Corps$1,035$1,280$1,597*
Cathedral Park$1,177$1,385$1,540*
Concordia*$1,595$1,835*
Creston-Kenilworth$1,172$1,325$1,575*
Eliot*$1,306$1,475*
Goose Hollow Foothills League$1,095$1,323$2,073*
Hayhurst*$1,210$1,625*
Hazelwood*$1,150$1,495$1,995
Hillsdale*$1,197$1,490*
Homestead$1,300$1,399**
Kerns$1,195$1,363**
Lents*$1,278$1,569*
Mill Park*$1,200$1,475*
Montavilla*$1,097$1,495*
Mt. Tabor$1,197$1,462$1,435*
Multnomah*$1,337$1,599*
Overlook$1,199$1,404$2,147*
Pearl District$1,545$1,833**
Portland Downtown$979$1,295$2,099*
Powellhurst-Gilbert*$1,168$1,585$2,348
Richmond*$1,645$1,984*
Rose City Park*$1,448$2,035*
Sellwood-Moreland Improvement League$1,325$1,438$2,198*
South Portland$1,198$1,356$1,898*
Southwest Hills$1,094**$4,895
St. Johns$1,230$1,399$1,595*
University Park**$2,148$2,745
West Portland Park*$1,313$1,545*
Woodstock*$1,818$1,847*

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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