Last updated on September 29, 2026

Average rent in
Portland, OR

Median rent

Median rent in Portland

$1,550/mo

Flat

vs previous year

The average rent in Portland is $1,550 per month as of September 2026. This is 18% below the national average rent, or $350 less per month.

$1.77

average price per square foot

Total rentals

Available rentals in Portland

1,584

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Portland rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Portland, OR

Average rent prices in Portland have increased by 2% over the last month and have remained the same 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, OR

Rent prices in Portland vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Portland is $1,450, whereas a house costs $2,695. 1-bedroom apartments in Portland run $1,399 on average, while 2-bedroom apartments are $1,599.

Listings

Studio

$1,150

No Change

1%

1 bedroom

$1,400

No Change

4%

2 bedroom

$1,695

No Change

3%

3 bedroom

$2,500

1%

10%

4 bedroom

$3,397

7%

8%

Studio

Average rent

$1,150

Last 30 days

No Change

Last year

1%

1 bedroom

Average rent

$1,400

Last 30 days

No Change

Last year

4%

2 bedroom

Average rent

$1,695

Last 30 days

No Change

Last year

3%

3 bedroom

Average rent

$2,500

Last 30 days

1%

Last year

10%

4 bedroom

Average rent

$3,397

Last 30 days

7%

Last year

8%

The table above reflects average rent prices in Portland, OR, 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, OR compare to other cities?

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

Portland

Median rent price$1,550
decreased by18%

lower than the national median

Median rent price$2,195
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Portland, OR is 29% lower than the median rent in Aloha, OR.

Cost of living in Portland, OR

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services5% higher
Groceries8% higher
Health16% higher
Housing30% higher
Transportation23% higher
UtilitiesNo difference

Discover rentals in Portland, OR

Cascade Crossing Apartments - Photo 1 of 1
Income restricted

4d ago

7.6

Very good

Cascade Crossing Apartments

10535 E Burnside St, Portland, OR 97216

3 beds

2 baths

$697–$1,704

1415 Se Main St #3 - Photo 1 of 1

5d+ ago

Buckman apartment for rent in Portland

Ainsworth St - Rooms for Rent - Photo 1 of 1

5d+ ago

8.6

Very good

Ainsworth St - Rooms for Rent

6026 Ne Ainsworth St, Portland, OR 97218

1 bed

1 bath

$750–$1,125

10015 Sw Boones Ferry Rd #2 - Photo 1 of 1

5d+ ago

Collins View apartment for rent in Portland

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, OR

Quick answers to common questions about the Portland rental market.

How much is rent in Portland?

The average rent in Portland is $1,550 per month as of September 26, 2026.

Is rent up or down in Portland?

Average rent prices in Portland have increased by 2% over the last month and have remained the same since last year.

How does Portland rent compare to the national average?

Rent in Portland is 18% below the national average, which means renters are paying approximately $350 less per month.

Which neighborhoods are most affordable in Portland?

The most affordable neighborhoods in Portland are Goose Hollow ($1,295/mo), Downtown Portland ($1,349/mo), and Overlook ($1,398/mo).

What salary do I need to afford rent in Portland?

To comfortably afford rent in Portland, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Portland?

December stands out as the ideal time to apartment hunt in Portland, with the lowest seasonal rents and reduced competition from other renters. February sees the highest rents, with roughly a 4% difference between peak and off-peak months.

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).

For additional insights into rental trends, including month-over-month changes and historical comparisons, see Zumper's Monthly Metro Report.

Apartments for rent in Aloha