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Portland, OR Rent Trends

Rank #33, last updated January 30

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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 $1,149. The average rent of a 1-bedroom in Portland, OR is $1,399. The average rent of a 2-bedroom in Portland, OR is $1,773. The average rent of a 3-bedroom in Portland, OR is $2,599.

Studio

$1,149


1 bed

$1,399


2 beds

$1,773


3+ beds

$2,599

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 $100 to $2,900+.

$100 - $800

$800 - $1,500

$1,500 - $2,200

$2,200 - $2,900

$2,900+

What is the average apartment size in Portland?

The average size of a Portland, OR apartment is 712 square feet, while the median apartment size for Portland, OR is 642 square feet. However, square footage varies based on unit type. Most rentals in Portland, OR (33.7%) are 1 bedroom apartments, while the fewest (11.64%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 28.08%, and studio apartments make up 26.58%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Portland?

Studio1 bed2 beds3+ beds
Arbor Lodge*$1,403$1,995*
Argay Terrace**$1,660$2,325
Boise$1,016$1,425**
Brentwood-Darlington**$2,135$2,547
Brooklyn Action Corps$995*$1,595*
Buckman Community Association$975$1,393$1,745*
Cathedral Park$1,192$1,295$1,787*
Creston-Kenilworth*$1,325$1,495*
Eliot$1,100$1,463$1,947*
Goose Hollow Foothills League$1,098$1,297$1,880*
Hazelwood**$1,500$2,245
Homestead$1,305$1,195$1,895*
Humboldt*$1,510$2,448$2,995
Kerns$1,088$1,472**
Lents**$1,547$2,495
Montavilla*$1,295$1,592$2,700
Mt. Tabor$1,233$1,275$1,725*
Multnomah*$1,350$1,495*
North Tabor$999$1,499$1,525*
Overlook$1,240$1,515$1,800*
Pearl District*$1,799$2,990*
Portland Downtown$973$1,439$2,300*
Powellhurst-Gilbert*$1,238$1,675$2,295
Sellwood-Moreland Improvement League$1,447$1,395$1,750*
South Portland*$1,350$1,873$3,250
St. Johns$1,273$1,493$1,548$1,895
Woodstock$1,468$1,848$1,993$2,495

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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