Bedroom count
Property type
Last updated on June 6, 2026
Last updated on June 6, 2026
Bedroom count
Property type
Median rent in Portland
$938/mo
vs previous year
The average rent in Portland is $938 per month as of June 2026. This is 52% below the national average rent, or $1,011 less per month.
average price per square foot
Available rentals in Portland
30
for rent on Zumper.com as of June 2026
Share of Portland rentals at each price point
Average rent prices in Portland have decreased by 4% over the last month and have decreased by 13% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Portland vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Portland is $850, whereas a house costs $962. 1-bedroom apartments in Portland run $800 on average, while 2-bedroom apartments are $950.
Listings | ||||
|---|---|---|---|---|
Studio | $850 | 5% | 4% | |
1 bedroom | $800 | 2% | 17% | |
2 bedroom | $950 | 1% | 11% | |
3 bedroom | $962 | 3% | 8% | |
4 bedroom | $1,349 | 1% | 18% |
Listings | ||
|---|---|---|
California | $1,300 | |
Chickasaw | $1,249 | |
Downtown New Albany | $958 | |
Parkland | $1,195 | |
Russell | $895 | |
Shawnee | $1,157 |
Listings | ||||
|---|---|---|---|---|
Apartments | $850 | 5% | No Change | |
Condos | $1,200 | 4% | - | |
Houses | $962 | 1% | No Change |
Studio
Average rent
$850
Last 30 days
5%
Last year
4%
1 bedroom
Average rent
$800
Last 30 days
2%
Last year
17%
2 bedroom
Average rent
$950
Last 30 days
1%
Last year
11%
3 bedroom
Average rent
$962
Last 30 days
3%
Last year
8%
4 bedroom
Average rent
$1,349
Last 30 days
1%
Last year
18%
California
Average rent
$1,300
Chickasaw
Average rent
$1,249
Parkland
Average rent
$1,195
Russell
Average rent
$895
Shawnee
Average rent
$1,157
Downtown New Albany
Average rent
$958
Apartments
Average rent
$850
Last 30 days
5%
Condos
Average rent
$1,200
Last 30 days
4%
Houses
Average rent
$962
Last 30 days
1%
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.
Compare median rent prices in Portland and California by all bedroom counts and property types.
Portland
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Portland, Louisville, KY is 28% lower than the median rent in California, Louisville, KY.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Portland rental market.
The average rent in Portland is $938 per month as of June 4, 2026.
Average rent prices in Portland have decreased by 4% over the last month and have decreased by 13% since last year.
Rent in Portland is 52% below the national average, which means renters are paying approximately $1,011 less per month.
To comfortably afford rent in Portland, you'd need to earn approximately $38,000/year, based on spending no more than 30% of your income on rent.
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).