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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 $1,400. The average rent of a 2-bedroom in Portland, OR is $1,695. The average rent of a 3-bedroom in Portland, OR is $2,795.

Studio

$1,175


1 bed

$1,400


2 beds

$1,695


3+ beds

$2,795

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 03 2024Jul 17 2024Aug 31 2024Oct 16 2024Dec 01 2024Jan 16 2025Mar 03 2025Apr 18 2025Jun 18 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 746 square feet, while the median apartment size for Portland, OR is 666 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (32.84%) are 1 bedroom apartments, while the fewest (12.65%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 31.44%, 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**$1,958$2,795
Boise$1,047$1,395$2,295*
Buckman Community Association$1,088$1,495**
Cathedral Park*$1,355$1,648*
Centennial*$1,200$1,498*
Creston-Kenilworth*$1,310$1,630*
Eliot$1,205$1,435$1,885*
Goose Hollow Foothills League$1,095$1,438$1,924$2,525
Hazelwood*$1,285$1,495$2,195
Homestead$1,123$1,303**
Humboldt*$1,286$1,895$2,895
Irvington*$1,395$1,725*
Kerns$1,323$1,468**
Lents*$1,311$1,599*
Montavilla*$1,275$1,460*
Multnomah*$1,365$1,575*
North Tabor*$1,324$1,695*
Overlook$1,245$1,348$2,023*
Pearl District$1,745$1,846$3,022*
Portland Downtown$1,000$1,321$1,932*
Powellhurst-Gilbert*$1,252$1,550$2,395
Richmond*$1,595$2,097*
Rose City Park*$1,495$1,760*
Sellwood-Moreland Improvement League$1,295$1,495$2,100$2,895
South Portland$1,143$1,535$2,195*
St. Johns$1,395$1,350$1,495$2,348
Sunnyside$1,424$1,450**
Woodstock$1,400$1,853$2,148*

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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