logo

Portland, OR Rent Trends

Rank #33, last updated February 1

Need help setting rent prices for your property? Try our free rental pricing tool here.

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 $1,750. The average rent of a 3-bedroom in Portland, OR is $2,599.

Studio

$1,149


1 bed

$1,399


2 beds

$1,750


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 711 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 (34.03%) are 1 bedroom apartments, while the fewest (11.38%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 27.74%, and studio apartments make up 26.84%.

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$1,995*
Boise$1,056$1,425**
Brentwood-Darlington**$2,135$2,547
Brooklyn Action Corps$995*$1,620*
Buckman Community Association$975$1,390$1,695*
Cathedral Park$1,192$1,297$1,784*
Concordia**$2,400$2,445
Creston-Kenilworth*$1,313$1,523*
Eliot$1,067$1,458$1,947*
Goose Hollow Foothills League$1,119$1,319$1,880*
Hazelwood*$1,295$1,500$2,295
Homestead$1,305$1,285$1,695*
Humboldt*$1,510$2,595$2,995
Kerns$1,088$1,380**
Lents**$1,547$2,495
Montavilla*$1,295$1,695$2,700
Mt. Tabor$1,233$1,275$1,725*
Multnomah*$1,323$1,550*
North Tabor*$1,449$1,525*
Overlook$1,240$1,524$1,800*
Pearl District*$1,697$2,990*
Portland Downtown$973$1,474$2,348*
Powellhurst-Gilbert*$1,250$1,623$2,275
Richmond*$1,399$2,885*
Sellwood-Moreland Improvement League$1,447$1,423$1,773*
South Portland*$1,350$1,795$3,250
St. Johns*$1,480$1,548$1,895
Woodstock$1,473$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

Popular searches

Pet Friendly Apartments Portland

875 apartments starting at $596/month

Studio Apartments Portland

660 apartments starting at $495/month

1 Bedroom Apartments Portland

1,596 apartments starting at $495/month

2 Bedroom Apartments Portland

715 apartments starting at $1,045/month

3 Bedroom Apartments Portland

169 apartments starting at $926/month

Cheap Apartments Portland

2,539 apartments starting at $495/month

Short Term Rentals Portland

141 apartments starting at $930/month

Houses for Rent Portland

50 apartments starting at $1,195/month

Nearby neighborhoods

Buckman Community Association Apartments

37 apartments starting at $925/month

Creston-Kenilworth Apartments

31 apartments starting at $1,099/month

Eliot Apartments

146 apartments starting at $845/month

Goose Hollow Foothills League Apartments

89 apartments starting at $850/month

Homestead Apartments

32 apartments starting at $1,100/month

Humboldt Apartments

25 apartments starting at $1,250/month

Kerns Apartments

93 apartments starting at $795/month

Overlook Apartments

60 apartments starting at $1,095/month

Portland Downtown Apartments

162 apartments starting at $596/month

Richmond Apartments

19 apartments starting at $925/month

South Portland Apartments

70 apartments starting at $1,095/month

Sullivan's Gulch Apartments

24 apartments starting at $500/month

Nearby cities

Aloha Apartments

94 apartments starting at $1,095/month

Beaverton Apartments

419 apartments starting at $1,195/month

Bethany Apartments

86 apartments starting at $1,478/month

Lake Oswego Apartments

124 apartments starting at $1,400/month

Milwaukie Apartments

35 apartments starting at $1,299/month

Tigard Apartments

164 apartments starting at $1,295/month

Tualatin Apartments

37 apartments starting at $1,295/month

Vancouver Apartments

497 apartments starting at $995/month

West Linn Apartments

21 apartments starting at $1,295/month

Nearby universities

Lewis & Clark College Apartments

122 apartments starting at $622/month

NUNM Apartments

248 apartments starting at $596/month

OHSU Apartments

264 apartments starting at $596/month

Porland Actors Conservatory Apartments

722 apartments starting at $495/month

Portland State University Apartments

445 apartments starting at $596/month

Popular metro areas

Portland Metro Apartments

5,774 apartments starting at $495/month

Seattle Metro Apartments

5,951 apartments starting at $490/month