Bedroom count
Property type
Last updated on August 15, 2026
Average rent in
Portland, OR
Average rent in
Last updated on August 15, 2026
Bedroom count
Property type
Key takeaways for renters
Where Portland rent stands today
Portland, OR rent is essentially flat year over year, with a current median of $1,525/month. Month to month, rents increased by 1.3%, showing a recent upward move after a slight yearly decline of $16 per month on average.
Compared to national trends
Portland sits 20.8% more affordable than the $1,925/month national median, making it a more accessible West Coast metro for renters seeking value. The market offers 1,556 total rentals across diverse neighborhoods.
Price ranges
Studios in Portland run about $1,150/month, 1-bedrooms around $1,400/month, and 2-bedrooms near $1,700/month, with 4+ bedrooms reaching $3,395/month. Apartments make up 75.3% of rentals, with houses at a median of $2,695/month.
Neighborhood spotlight
Arlington Heights rents fell 68.6% year over year to $1,540/month across 13 rentals, while Sabin Irvington dropped 66.3% and Arnold Creek declined 56.5%. These steep local declines contrast with the broadly flat citywide market and show significant neighborhood variation.
Median rent
Median rent in Portland
$1,525/mo
2%vs previous year
The average rent in Portland is $1,525 per month as of August 2026. This is 21% below the national average rent, or $400 less per month.
average price per square foot
Total rentals
Available rentals in Portland
1,556
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Portland rentals at each price point
Rent trends in Portland, OR
Average rent prices in Portland have increased by 1% over the last month and have decreased by 2% 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 $1,449, whereas a house costs $2,695. 1-bedroom apartments in Portland run $1,399 on average, while 2-bedroom apartments are $1,625.
Listings | ||||
|---|---|---|---|---|
Studio | $1,150 | No Change | 5% | |
1 bedroom | $1,400 |  1% | 2% | |
2 bedroom | $1,700 | 1% | 3% | |
3 bedroom | $2,500 | 1% | 4% | |
4 bedroom | $3,395 | 2% | 2% |
Listings | ||
|---|---|---|
Buckman | $1,580 | |
Centennial | $1,400 | |
Downtown Portland | $1,337 | |
Eliot | $1,525 | |
Goose Hollow | $1,325 | |
Hazelwood | $1,395 | |
Northwest District | $1,400 | |
Overlook | $1,349 | |
Pearl | $2,012 | |
Powellhurst Gilbert | $1,550 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,449 | 1% | No Change | |
Condos | $2,000 | 4% | No Change | |
Houses | $2,695 | 1% | No Change | |
Rooms | $625 | 6% | No Change |
Studio
Average rent
$1,150
Last 30 days
No Change
Last year
5%
1 bedroom
Average rent
$1,400
Last 30 days
1%
Last year
2%
2 bedroom
Average rent
$1,700
Last 30 days
1%
Last year
3%
3 bedroom
Average rent
$2,500
Last 30 days
1%
Last year
4%
4 bedroom
Average rent
$3,395
Last 30 days
2%
Last year
2%
Northwest District
Average rent
$1,400
Hazelwood
Average rent
$1,395
Buckman
Average rent
$1,580
Downtown Portland
Average rent
$1,337
Pearl
Average rent
$2,012
Eliot
Average rent
$1,525
Goose Hollow
Average rent
$1,325
Overlook
Average rent
$1,349
Powellhurst Gilbert
Average rent
$1,550
Centennial
Average rent
$1,400
Apartments
Average rent
$1,449
Last 30 days
1%
Condos
Average rent
$2,000
Last 30 days
4%
Houses
Average rent
$2,695
Last 30 days
1%
Rooms
Average rent
$625
Last 30 days
6%
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
21%lower than the national median
14%higher than the national median
Takeaway
The median rent for all rentals in Portland, OR is 31% lower than the median rent in Aloha, OR.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,195
2%$1,650
6%$1,500
6%$2,397
7%$2,200
$2,650
4%$1,628
5%$1,687
1%$1,765
1%$1,847
8%$1,720
1%$1,842
2%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 & Services | 5% higher |
| Groceries | 8% higher |
| Health | 17% higher |
| Housing | 33% higher |
| Transportation | 24% higher |
| Utilities | 2% lower |
Discover rentals in Portland, OR
5d+ ago
Montavilla apartment for rent in Portland
Studio
1 bath
$485
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
Studio
1 bath
$589
Apartment for rent
5d+ ago
Goose Hollow apartment for rent in Portland
916 Sw King Ave #103, Portland, OR 97205
Studio
0 baths
$650
Apartment for rent
Available Oct 13
5d+ ago
6026 Ne Ainsworth St, Portland, OR 97218
1 bed
1 bath
$700–$1,125
Apartment for rent
5d+ ago
Northwest Industrial house for rent in Portland
2234 Northwest Johnson StreetUnit A #A, Portland, OR 97210
3 beds
2.5 baths
$13,000
House for rent
Available Jun 14
5d+ ago
Southwest Hills house for rent in Portland
4 beds
4 baths
$11,500
House for rent
5d+ ago
Northwest Heights apartment for rent in Portland
9021 Nw Bartholomew Dr, Portland, OR 97229
4 beds
3.5 baths
$11,275
Apartment for rent
5d+ ago
Bridlemile house for rent in Portland
4 beds
4.5 baths
$9,500
House for rent
1d ago
Verified
1311 Sw Gibbs St, Portland, OR 97239
Studio–2 beds
1–2 baths
$1,295–$2,095
Price drop
Apartment for rent
2d ago
Verified
1721 Se Tacoma St, Portland, OR 97202
Studio–2 beds
1 bath
$1,225–$1,645
Apartment for rent
2d ago
Verified
7123 Se Powell Blvd, Portland, OR 97206
1 bed
1 bath
$1,300
Apartment for rent
3d ago
Verified
10 Nw 20th Ave, Portland, OR 97209
Studio–1 bed
1 bath
$900–$1,200
Apartment for rent
2d ago
Verified
1721 Se Tacoma St, Portland, OR 97202
Studio–2 beds
1 bath
$1,225–$1,645
Apartment for rent
2d ago
Verified
1405 Sw Park Ave, Portland, OR 97201
Studio
1 bath
$1,000
Apartment for rent
5d+ ago
Verified
2405 N Vancouver Ave, Portland, OR 97227
Studio
1 bath
$1,000–$1,145
Apartment for rent
3d ago
Verified
2 beds
1 bath
$2,750
Condo for rent
Available Aug 1
1d ago
Verified
1311 Sw Gibbs St, Portland, OR 97239
Studio–2 beds
1–2 baths
$1,295–$2,095
Price drop
Apartment for rent
2d ago
Verified
1721 Se Tacoma St, Portland, OR 97202
Studio–2 beds
1 bath
$1,225–$1,645
Apartment for rent
2d ago
Verified
7123 Se Powell Blvd, Portland, OR 97206
1 bed
1 bath
$1,300
Apartment for rent
3d ago
Verified
10 Nw 20th Ave, Portland, OR 97209
Studio–1 bed
1 bath
$900–$1,200
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 $1,525 per month as of August 15, 2026.
Is rent up or down in Portland?
Average rent prices in Portland have increased by 1% over the last month and have decreased by 2% since last year.
How does Portland rent compare to the national average?
Rent in Portland is 21% below the national average, which means renters are paying approximately $400 less per month.
Which neighborhoods are most affordable in Portland?
The most affordable neighborhoods in Portland are Goose Hollow ($1,325/mo), Downtown Portland ($1,337/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 $61,000/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.
Portland 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 $1,321 last month.
The Most Expensive
- Hillsboro was the most expensive city with one-bedrooms priced at $1,490.
- Vancouver ranked as the second priciest with rent at $1,430.
- Beaverton placed third with rent priced at $1,420.
The Least Expensive
The Largest Decline (Y/Y%)
- Milwaukie had the largest annual rent price decline, falling 13.9%.
- Newberg saw rent drop 13%, making it second.
- Tigard placed third with rent decreasing 12.4%.
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.
Words by
Crystal ChenCrystal 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.