Last updated on September 5, 2026

Average rent in
Portland, Louisville, KY

Median rent

Median rent in Portland

$995/mo

decreased by3%

vs previous year

The average rent in Portland is $995 per month as of August 2026. This is 48% below the national average rent, or $915 less per month.

$1.15

average price per square foot

Total rentals

Available rentals in Portland

31

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Portland rentals at each price point

80%60%40%20%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Portland, Louisville, KY

Average rent prices in Portland have decreased by 7% over the last month and have decreased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Portland, Louisville, KY

Rent prices in Portland vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Portland is $897, whereas a house costs $1,100. 1-bedroom apartments in Portland run $750 on average, while 2-bedroom apartments are $900.

Listings

1 bedroom

$780

3%

6%

2 bedroom

$935

1%

8%

3 bedroom

$1,285

3%

2%

4 bedroom

$1,400

4%

7%

1 bedroom

Average rent

$780

Last 30 days

3%

Last year

6%

2 bedroom

Average rent

$935

Last 30 days

1%

Last year

8%

3 bedroom

Average rent

$1,285

Last 30 days

3%

Last year

2%

4 bedroom

Average rent

$1,400

Last 30 days

4%

Last year

7%

The table above reflects average rent prices in Portland, Louisville, KY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Portland, Louisville, KY compare to other neighborhoods?

Compare median rent prices in Portland and California by all bedroom counts and property types.

Portland

Median rent price$995
decreased by48%

lower than the national median

Median rent price$1,050
decreased by45%

lower than the national median

Takeaway

The median rent for all rentals in Portland, Louisville, KY is 5% lower than the median rent in California, Louisville, KY.

Discover rentals in Portland, Louisville, KY

200 N 18th St #4 - Photo 1 of 1

5d+ ago

Portland apartment for rent in Louisville

2 beds

1 bath

$750

Apartment for rent

524 N 29th St #1 - Photo 1 of 1

5d+ ago

Portland house for rent in Louisville

524 North 29th Street - 1

524 N 29th St #1, Louisville, KY 40212

3 beds

2 baths

$800

House for rent

Available Sep 30

2509 Saint Xavier St #1 - Photo 1 of 1

5d+ ago

Portland house for rent in Louisville

2509 Saint Xavier Street - 1

2509 Saint Xavier St #1, Louisville, KY 40212

3 beds

1 bath

$900

House for rent

Available May 22

2531 W Main St #1 - Photo 1 of 1

5d+ ago

Portland house for rent in Louisville

2531 West Main Street - 1

2531 W Main St #1, Louisville, KY 40212

4 beds

2 baths

$900

House for rent

Available Sep 30

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Portland, Louisville, KY

Quick answers to common questions about the Portland rental market.

How much is rent in Portland?

The average rent in Portland is $995 per month as of August 29, 2026.

Is rent up or down in Portland?

Average rent prices in Portland have decreased by 7% over the last month and have decreased by 3% since last year.

How does Portland rent compare to the national average?

Rent in Portland is 48% below the national average, which means renters are paying approximately $915 less per month.

What salary do I need to afford rent in Portland?

To comfortably afford rent in Portland, you'd need to earn approximately $40,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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