Portland rent prices for one and two bedrooms continued to grow in October. The price for one beds increased 2.9% compared with September, to a median of $1,400, while the price for two beds increased 5.6% to a median of $1,700. In the process, Portland outpaced Denver and Philadelphia to become the 12th most expensive market in the country, according to Zumper’s most recent National Rent Report. 
On a neighborhood level, Pearl ($2,170), Boise ($1,500), and Corbet-Terwilliger-Lair Hill ($1,500) are the most expensive Portland areas currently for renters. Most of the priciest neighborhoods surround the Willamette River, from the center of Portland to the south, with rents ranging between $1,300-$2,170.
Cheaper neighborhoods are located in the southeast portion of the city, with median rents as low as $975 in Brooklyn.
If you’re interested in seeing how Portland compares with the rest of the United States, view our National Rent Report for November.
Want to stay up to date with average rent changes? Like or follow Zumper on Facebook, Gazouillement, Instagram, and Pinterest. In the market for a new place? Search 650 Appartements à Portland for rent on Zumper.
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