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Portland is praised for its independent-artisans, bike culture, progressive ideals, outdoorsy obsessions, sustainability and organic everything (from food to beer to Christmas trees). Portland has been dubbed Stump City, Beervana and Soccer City USA, along with a slew of other nicknames, and has a too-cool nature that is fun to satirize - as done in the hit show about Portland, Portlandia.
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Portland, OR, is well-regarded for its vibrant food scene, craft breweries, and rich cultural offerings. Residents appreciate the extensive public transportation options, making it convenient to navigate the city without a car. Many enjoy the access to outdoor activities, from nearby parks to scenic trails. However, some locals express frustration over the rising cost of living and concerns about homelessness, which can impact the overall atmosphere in certain neighborhoods. The eclectic mix of shops and music venues adds to the city's appeal, drawing those who thrive in a creative environment.
The average rent for a 1-bedroom apartment in Portland, OR is approximately $1,441, while a 2-bedroom apartment averages around $1,736 as of 2025.
Rents in Portland, OR have slightly declined in 2024, with an average decrease of 2.86% year-over-year. Specifically, 1-bedroom rents decreased by 2.69%, and 2-bedroom rents are around $1,841.
The best time to look for an apartment in Portland is in December, as it is the least competitive month with lower demand, potentially resulting in prices about 4.41% lower than in February.
For social living, neighborhoods like Buckman, Pearl, Downtown Portland, and Old Town - Chinatown are ideal. Trendy areas include Centennial, Hazelwood, and Northwest District.
Budget-conscious renters should consider Goose Hollow, Rose City Park, Cathedral Park, or Brooklyn, where 1-bedroom rents range from $1,260 to $1,385, which is 5-14% lower than the city median.
Yes, Portland is very pet-friendly, with over 63% of listings allowing pets, making it relatively easy for pet owners to find suitable housing.
About 25% of apartment listings in Portland include utilities in the rent.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.