Bedroom count
Property type
Last updated on November 14, 2026
Last updated on November 14, 2026
Bedroom count
Property type
Portland, OR rent is essentially flat year over year, with a current median of $1,551/month. Renters are paying roughly the same as last year, with a negligible $4 difference per month on average.
Portland sits 18.4% more affordable than the $1,900/month national median, offering renters a more accessible market while maintaining urban amenities. The city has 1,620 total rentals available.
Studios in Portland rent for about $1,175/month, 1-bedrooms around $1,400/month, and 2-bedrooms near $1,695/month. Larger units reach $3,280/month for 4+ bedrooms, while houses average $2,645/month compared to apartments at $1,459/month.
Alameda rents fell 61.6% year over year to $1,725/month across 18 rentals. Sabin Irvington and Grant Park also saw declines over 55%, contrasting with the citywide flat trend and showing localized market shifts.
Median rent in Portland
$1,551/mo
vs previous year
The average rent in Portland is $1,551 per month as of November 2026. This is 18% below the national average rent, or $349 less per month.
average price per square foot
Available rentals in Portland
1,620
for rent on Zumper.com as of November 2026
Share of Portland rentals at each price point
Average rent prices in Portland have remained the same over the last month and have remained the same 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 $1,459, whereas a house costs $2,645. 1-bedroom apartments in Portland run $1,395 on average, while 2-bedroom apartments are $1,599.
Listings | ||||
|---|---|---|---|---|
Studio | $1,175 | No Change | No Change | |
1 bedroom | $1,400 | No Change | No Change | |
2 bedroom | $1,695 | No Change | No Change | |
3 bedroom | $2,499 | No Change | 4% | |
4 bedroom | $3,280 | 2% | 9% |
Listings | ||
|---|---|---|
Buckman | $1,545 | |
Corbet Terwilliger Lair Hill | $1,597 | |
Downtown Portland | $1,350 | |
Eliot | $1,637 | |
Goose Hollow | $1,362 | |
Hazelwood | $1,425 | |
Northwest District | $1,485 | |
Overlook | $1,399 | |
Pearl | $1,973 | |
Powellhurst Gilbert | $1,525 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,459 | 1% | No Change | |
Condos | $1,995 | No Change | 11% | |
Houses | $2,645 | No Change | 2% | |
Rooms | $655 | 2% | 1% |
Studio
Average rent
$1,175
1 bedroom
Average rent
$1,400
2 bedroom
Average rent
$1,695
Last 30 days
No Change
3 bedroom
Average rent
$2,499
Last year
4%
4 bedroom
Average rent
$3,280
Last 30 days
2%
Last year
9%
Northwest District
Average rent
$1,485
Hazelwood
Average rent
$1,425
Pearl
Average rent
$1,973
Buckman
Average rent
$1,545
Downtown Portland
Average rent
$1,350
Goose Hollow
Average rent
$1,362
Overlook
Average rent
$1,399
Corbet Terwilliger Lair Hill
Average rent
$1,597
Powellhurst Gilbert
Average rent
$1,525
Eliot
Average rent
$1,637
Apartments
Average rent
$1,459
Last 30 days
1%
Last year
No Change
Condos
Average rent
$1,995
Last year
11%
Houses
Average rent
$2,645
Last year
2%
Rooms
Average rent
$655
Last 30 days
2%
Last year
1%
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.
Compare median rent prices in Portland and Aloha by all bedroom counts and property types.
Portland
lower than the national median
higher than the national median
Takeaway
The median rent for all rentals in Portland, OR is 22% lower than the median rent in Aloha, OR.
Explore rent trends in neighboring markets
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 & Services | 5% higher |
| Groceries | 8% higher |
| Health | 16% higher |
| Housing | 30% higher |
| Transportation | 23% higher |
| Utilities | No difference |
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Portland rental market.
The average rent in Portland is $1,551 per month as of November 7, 2026.
Average rent prices in Portland have remained the same over the last month and have remained the same since last year.
Rent in Portland is 18% below the national average, which means renters are paying approximately $349 less per month.
The most affordable neighborhoods in Portland are Downtown Portland ($1,350/mo), Goose Hollow ($1,362/mo), and Overlook ($1,399/mo).
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.
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.
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.
The Zumper Portland Metro Report analyzed active listings last month across metro cities to highlight the most and least expensive cities and those with the fastest growing rents. The Oregon one bedroom median rent was $1,326 last month.

The Most Expensive
The Least Expensive

The Largest Decline (Y/Y%)
The Largest Decline (M/M%)

About
The Zumper Portland Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
Crystal Chen is a seasoned real estate and housing market expert with more than a decade of experience analyzing rental trends, housing affordability, and urban living. At Zumper, she leads data storytelling as well as press and media relations, where she translates complex housing research into easily digestible insights for renters, industry professionals, and journalists. Her reports can be seen cited in national outlets like The New York Times, The Wall Street Journal, and CNBC. She is passionate about helping renters navigate today’s evolving housing landscape with clarity and confidence. Living in New York City herself, she knows firsthand the chaos and challenges of navigating a competitive rental market.