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Updated

Average Rent in Portland, OR

40 apartment buildings, 555 units. Real asking prices, refreshed daily.

Avg Rent

$2,117/mo

Cheapest

$920/mo

Properties

40

Units

555

Portland, OR Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 40 properties in Portland, OR.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Portland, OR Rent Prices

All 40 properties ranked by lowest available rent.

#1 4.2 (201)

Greenbridge Properties

511 SW 10th Ave #1008, Portland, OR 97205, USA

From $920/mo
Avg $1,726 55 units
#2 3.5 (77)

Home (Vista St. Clair

1000 SW Vista Ave, Portland, OR 97205, USA

From $1,046/mo
Avg $1,345 3 units
#3 5 (4)

Glisan Townhomes

17218-17298 NE Glisan St, Portland, OR 97230, USA

From $1,095/mo
Avg $1,494 49 units
#4 3.6 (27)

Benford Court

1300 NE 181st Ave, Portland, OR 97230, USA

From $1,185/mo
Avg $1,213 2 units
#5 4.2 (63)

Kado NW

1378 NW 18th Ave, Portland, OR 97209, USA

From $1,210/mo
Avg $1,977 14 units
#6 4.6 (20)

505 DEKUM

505 NE Dekum St, Portland, OR 97211, USA

From $1,224/mo
Avg $1,224 1 units
#7 4.1 (49)

North Hollow

1551 SW Taylor St, Portland, OR 97205, USA

From $1,250/mo
Avg $1,485 6 units

Explore Each Property

Greenbridge Properties apartments in Portland, OR

Greenbridge Properties

4.2 (201)

511 SW 10th Ave #1008, Portland, OR 97205, USA

From $920/mo
55 units
Home (Vista St. Clair apartments in Portland, OR

Home (Vista St. Clair

3.5 (77)

1000 SW Vista Ave, Portland, OR 97205, USA

From $1,046/mo
3 units
Glisan Townhomes apartments in Portland, OR

Glisan Townhomes

5 (4)

17218-17298 NE Glisan St, Portland, OR 97230, USA

From $1,095/mo
49 units
Benford Court apartments in Portland, OR

Benford Court

3.6 (27)

1300 NE 181st Ave, Portland, OR 97230, USA

From $1,185/mo
2 units
Kado NW apartments in Portland, OR

Kado NW

4.2 (63)

1378 NW 18th Ave, Portland, OR 97209, USA

From $1,210/mo
14 units
505 DEKUM apartments in Portland, OR

505 DEKUM

4.6 (20)

505 NE Dekum St, Portland, OR 97211, USA

From $1,224/mo
1 units

Portland, OR Average Rent Prices 2026

The average rent in Portland, OR is $2,117 per month, based on 555 units across 40 apartment communities. Prices range from $920 at Greenbridge Properties to $2,005 at The Residences at 11W.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,483/mo $920/mo 70
1 Bed $2,004/mo $1,095/mo 300
2 Bed $2,506/mo $1,100/mo 178
3 Bed $3,388/mo $1,870/mo 7

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Portland, OR, and what they pay

Tracked one-bedroom rent in Portland, OR averages $2,004/mo, with two-bedroom units averaging $2,506/mo. At the local median household income of $88,792, that works out to 29% of gross income, near the 30 percent affordability ceiling.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Portland, OR at $1,596/mo. The current tracked market average runs 33% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Portland, OR while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Portland

Demand in the Portland rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • Intel
  • Nike
  • Providence Health
  • Oregon Health & Science University
  • Kaiser Permanente
  • Columbia Sportswear

Mean one-way commute in Portland, OR is 25 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

What salary do I need to live comfortably in Portland, OR?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$85,000/year

30 percent rule -- using our average rent of $2,117/mo.

Comfortable income

$102,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($920/mo), you need to earn at least $37,000/year.

Median household income in Portland, OR is $88,792 , about 13% below the comfortable-living threshold.

Cost of living in Portland, OR

Overall prices in Portland, OR runs above the national average by about 7% (BEA Regional Price Parity index 106.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Portland, OR's regional price parities.

Category Monthly estimate
Rent (market average) $2,117
Utilities $537
Groceries $566
Transportation $1,279
Healthcare $624
Other goods and services $998
Estimated total $6,121/mo

Population

642,715

Median household income

$88,792

Census median rent

$1,596/mo

Rent as % of income

30.6%

Median age

38.6

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in Oregon

How Portland, OR rent compares to other markets in the state.

City Avg Rent vs Portland, OR Properties
Gresham, OR $1,541 -27% 13
Beaverton, OR $1,885 -11% 12
Eugene, OR $1,799 -15% 11
Bend, OR $1,785 -16% 10
Salem, OR $1,618 -24% 8
Hillsboro, OR $2,031 -4% 8

Frequently asked questions

What is the average rent in Portland, OR?

The average rent in Portland, OR is $2,117 per month, based on 555 units across 40 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in Portland, OR?

The lowest available rent in Portland, OR starts at $920 per month. Availability changes daily as leasing data is refreshed each morning.

How much is a 1-bedroom apartment in Portland, OR?

1-bedroom apartments in Portland, OR average $2,004/mo. The lowest listed 1-bedroom starts at $1,095/mo across 300 units tracked.

How much is a 2-bedroom apartment in Portland, OR?

2-bedroom apartments in Portland, OR average $2,506/mo. Units start from $1,100/mo across 178 units currently listed.

Rent Trends in Portland, OR

Track how apartment prices are changing over time.

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