Portland, OR rental market
What is the average rent in Portland, OR?
Last updated July 1, 2026
Rental market summary
The average rent for all bedrooms and all property types in Portland, OR is $1,695.
Average rent
$1,695
Month-over-month change
+$20
Year-over-year change
-$71
Available rentals
2,461
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $475 to $25,000.
| Rent price | Number of rental properties |
|---|---|
| $0 | 3 |
| $500 | 5 |
| $600 | 8 |
| $700 | 14 |
| $800 | 31 |
| $900 | 65 |
| $1,000 | 101 |
| $1,100 | 147 |
| $1,200 | 212 |
| $1,300 | 209 |
| $1,400 | 241 |
| $1,500 | 178 |
| $1,600 | 138 |
| $1,700 | 130 |
| $1,800 | 114 |
| $1,900 | 102 |
| $2,000 | 61 |
| $2,100 | 73 |
| $2,200 | 68 |
| $2,300 | 74 |
| $2,400 | 83 |
| $2,500 | 64 |
| $2,600 | 55 |
| $2,700 | 51 |
| $2,800 | 54 |
| $2,900 | 67 |
| $3,000 | 37 |
| $3,100 | 39 |
| $3,200 | 40 |
| $3,300 | 27 |
| $3,400 | 37 |
| $3,500 | 27 |
| $3,600 | 20 |
| $3,700 | 24 |
| $3,800 | 18 |
| $3,900 | 22 |
| $4,000 | 10 |
| $4,100 | 18 |
| $4,200 | 10 |
| $4,300 | 2 |
| $4,400 | 11 |
| $4,500 | 11 |
| $4,600 | 4 |
| $4,700 | 6 |
| $4,800 | 8 |
| $4,900 | 12 |
| $5,000+ | 77 |
Average rent price over time
In the last year, rent has decreased by $71 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,823 | $1,736 |
| Feb | $1,795 | $1,716 |
| Mar | $1,744 | $1,691 |
| Apr | $1,695 | $1,686 |
| May | $1,695 | $1,683 |
| Jun | $1,675 | $1,674 |
| Jul | $1,750 | $1,695 |
| Aug | $1,795 | No data |
| Sep | $1,805 | No data |
| Oct | $1,800 | No data |
| Nov | $1,795 | No data |
| Dec | $1,776 | No data |
Market temperature
The Portland, OR rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Portland, OR is 16% lower than the national average.
$1,695
$2,009
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Frequently asked questions
1. What is the average rent in Portland, OR?
2. What is the average rent for a studio apartment in Portland, OR?
3. What is the average rent for a one-bedroom apartment in Portland, OR?
4. What is the average rent for a two-bedroom apartment in Portland, OR?
5. What is the average rent for a three-bedroom apartment in Portland, OR?
6. What is the average rent for a four-bedroom apartment in Portland, OR?
7. How much does it cost to rent a house in Portland, OR?
8. How has the rent in Portland, OR changed in the last year?
9. How much has the rent in Portland, OR increased/decreased in the last month?
10. How many available rentals are there in Portland, OR?
11. How do rent prices in Portland, OR compare with the national average?
