Apartments for Rent in Corbet - Terwilliger - Lair Hill, Portland, OR

Corbet - Terwilliger - Lair Hill, Portland apartment availability

Corbet - Terwilliger - Lair Hill offers a strong selection of rental listings, with an average of 121 rentals available each month in 2024. The neighborhood's rental market is comprised mostly of 1-bedroom and 2-bedroom apartments, with a smaller selection of studios and 3-bedroom units. Many of these apartments cater to pet owners, with 65% allowing pets with some restrictions. This makes Corbet - Terwilliger - Lair Hill a great option for renters with furry friends. With its diverse range of rentals and pet-friendly amenities, Corbet - Terwilliger - Lair Hill is a neighborhood worth considering for those looking for a new place to call home.

Corbet - Terwilliger - Lair Hill, Portland rental market trends

The Corbet - Terwilliger - Lair Hill neighborhood in Portland saw a slight decrease in average rent prices over the past year, with a 0.55% drop to $1,636 per month. Breaking it down by bedroom count, 1-bedrooms average $1,521 per month, a 1.5% decrease from the previous year. In contrast, 2-bedrooms and 3-bedrooms experienced significant increases, with average rents rising to $2,234 and $2,921, respectively, representing 7.8% and 8.4% year-over-year growth. Studio apartments, however, saw a 4.7% decrease, with average rents now at $1,231.

In terms of seasonal fluctuations, August tends to be the most expensive month, with rents 5.2% higher than in May, the month with the lowest average rent. If you're looking for a new apartment, May might be a good time to find a deal. On the other hand, if you're a landlord or property manager, August is likely to be the most lucrative month.

Why Corbet - Terwilliger - Lair Hill, Portland is a great place to live

We've analyzed data from the Corbet - Terwilliger - Lair Hill neighborhood to understand what makes it an attractive place to live. Our findings suggest that this area is perfect for individuals who value a vibrant social life and prioritize environmental sustainability.

The neighborhood's excellent walk score, frequent transit options, and safe streets make it an ideal spot for those who enjoy going out and exploring. The age distribution in the area also contributes to a lively atmosphere. For eco-conscious renters, Corbet - Terwilliger - Lair Hill stands out due to its emphasis on sustainable living, featuring non-toxic paint, waste recycling, and rainwater harvesting. The prevalence of parks, community solar projects, and low-flow fixtures further reinforce the neighborhood's commitment to environmental sustainability. If you're looking for a community that shares your values, Corbet - Terwilliger - Lair Hill is definitely worth considering.