Last updated on July 1, 2026

Average rent in
Portland, OR

Key takeaways for renters

  • The bottom line

    Portland, OR rent is essentially flat year over year, with a current median of $1,495/month. Renters are paying $29 less per month on average than last year, a modest change in the market.

  • Portland sits 23.3% more affordable than the $1,950/month national median, offering a more accessible market for renters compared to many other major metros.

  • Price ranges

    Studios in Portland run around $1,175/month, 1-bedrooms around $1,395/month, and 2-bedrooms around $1,695/month. Houses have a median rent of $2,647/month, while apartments sit at $1,425/month, creating distinct price tiers by property type.

  • Neighborhood spotlight

    Sylvan Highlands rents fell 70.1% year over year to $1,795/month, Sabin Irvington dropped 65.1% to $1,675/month, and Forest Highlands declined 61.8% to $1,672/month. These steep local declines contrast with the citywide market, which is broadly flat year over year.

Median rent

Median rent in Portland

$1,495/mo

decreased by1%

vs previous year

The average rent in Portland is $1,495 per month as of June 2026. This is 23% below the national average rent, or $455 less per month.

$1.81

average price per square foot

Total rentals

Available rentals in Portland

1,540

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Portland rentals at each price point

50%38%25%13%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 remained the same over the last month and have decreased by 1% 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 $1,425, whereas a house costs $2,647. 1-bedroom apartments in Portland run $1,380 on average, while 2-bedroom apartments are $1,600.

Listings

Studio

$1,175

No Change

1%

1 bedroom

$1,395

No Change

3%

2 bedroom

$1,695

No Change

1%

3 bedroom

$2,495

3%

1%

4 bedroom

$3,632

1%

11%

Studio

Average rent

$1,175

Last 30 days

No Change

Last year

1%

1 bedroom

Average rent

$1,395

Last 30 days

No Change

Last year

3%

2 bedroom

Average rent

$1,695

Last 30 days

No Change

Last year

1%

3 bedroom

Average rent

$2,495

Last 30 days

3%

Last year

1%

4 bedroom

Average rent

$3,632

Last 30 days

1%

Last year

11%

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$1,495
decreased by23%

lower than the national median

Median rent price$2,111
increased by8%

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
Health17% higher
Housing33% higher
Transportation24% higher
Utilities2% lower

Discover rentals in Portland, OR

7324–7326 N Greeley Ave - 7324 #7324 - Photo 1 of 1

5d+ ago

St. Johns apartment for rent in Portland

7324–7326 N Greeley Ave - 7324

7324–7326 N Greeley Ave - 7324 #7324, Portland, OR 97203

2 beds

1 bath

$265

Apartment for rent

Available Jul 1

850 Ne 81st Ave - Photo 1 of 1

5d+ ago

Montavilla apartment for rent in Portland

Apartment for rent

Greenview Terrace - Photo 1 of 1
Income restricted

1d ago

7.1

Very good

Greenview Terrace

620 Se 148th Ave, Portland, OR 97233

1–2 beds

1–2 baths

$526–$1,421

Apartment for rent

4619 North Michigan Avenue - Photo 1 of 1
Income restricted

5d+ ago

Humboldt apartment for rent in Portland

Apartment for rent

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 $1,495 per month as of June 27, 2026.

Is rent up or down in Portland?

Average rent prices in Portland have remained the same over the last month and have decreased by 1% since last year.

How does Portland rent compare to the national average?

Rent in Portland is 23% below the national average, which means renters are paying approximately $455 less per month.

Which neighborhoods are most affordable in Portland?

The most affordable neighborhoods in Portland are Downtown Portland ($1,275/mo), Goose Hollow ($1,325/mo), and Overlook ($1,349/mo).

What salary do I need to afford rent in Portland?

To comfortably afford rent in Portland, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

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

Portland's 2025 rental market shows 1-bedroom apartments averaging around $1,400 per month, while 2-bedroom units average around $1,700 monthly. These figures reflect the current market conditions across the city's diverse neighborhoods.

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