The Zumper Portland Metro Report analyzed active listings last month across metro cities to highlight the most and least expensive cities and those with the fastest growing rents. The Oregon one bedroom median rent was $1,389 last month.
The Most Expensive
- Hillsboro ranked as the most expensive city with one-bedrooms priced at $1,640.
- Beaverton was the second priciest with rent at $1,600.
- Vancouver ranked as third with rent at $1,550.
The Least Expensive
- Longview was the most affordable city with one-bedrooms priced at $1,000.
- Keizer ranked as the second least expensive with rent at $1,110.
- Salem was third with rent at $1,150.
The Fastest Growing (Y/Y%)
- Beaverton had the fastest growing rent, up 14.3% since this time last year.
- Vancouver saw rent climb 8.4%, making it the second fastest growing.
- Hillsboro was third with rent increasing 4.5%.
The Fastest Growing (M/M%)
- Beaverton had the largest monthly growth rate, up 6%.
- Albany was second with rent climbing 5.8%.
- Milwaukie ranked as third with rent increasing 1.3% last month.
About
The Zumper Portland Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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