Apartments for Rent in Humboldt, Portland, OR

Humboldt, Portland apartment availability

Humboldt's rental market offers a good selection of listings, with an average of 40 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments feature desirable amenities, including dishwashers and in-unit laundry, which are available in approximately 42% and 52% of rentals, respectively. Additionally, about 41% of apartments in Humboldt allow small pets, making it a suitable neighborhood for renters with furry companions.

Humboldt, Portland rental market trends

Humboldt, Portland's rental market presents a unique trend in 2024. Unlike many areas, the neighborhood experiences its highest rent prices in December, with an average rent of $1,771 across all property types, marking a 0.6% year-over-year increase. In contrast, June offers the lowest rent prices, a notable 37% lower than December's peak.

Breaking down the market by bedroom count, 1-bedrooms average $1,458 per month, a 4.8% decrease from the previous year. Two-bedrooms rent for around $2,233, also experiencing a decrease, this time of 3.9%. Meanwhile, 3-bedrooms saw a modest 1.9% increase, reaching $3,085 per month. Studios, however, faced the steepest decline, with an 11.3% drop to $1,110 per month.

For renters looking for the best deals in Humboldt, targeting the summer months, particularly June, may yield the most affordable options. Conversely, those seeking to rent in December should be prepared for significantly higher prices.

Why Humboldt, Portland is a great place to live

Humboldt is a neighborhood that seamlessly aligns with the lifestyles and interests of its residents. Our analysis of local data reveals that this area excels in catering to those who value social life and pet friendliness.

For individuals seeking an active social calendar, Humboldt's appeal lies in its excellent transit frequency, a diverse neighborhood age distribution, a strong emphasis on safety, well-maintained street infrastructure, and a high walk score. These factors combined create an environment that fosters connectivity and community engagement.

Pet owners will also find Humboldt particularly accommodating, thanks to the availability of pet-friendly amenities such as dedicated pet spaces, pet-safe windows, ample outdoor areas, and a lack of breed restrictions. The neighborhood even hosts pet events and allows pets without restrictions, ensuring that your furry friends are as welcome as you are.