Last updated
Average Rent in North Portland & Rent Trends
Rent prices and market trends across 1 apartment community in North Portland, Portland, OR. Updated daily.
Market Average
$1,474/mo
Lowest Available
$1,449/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
North Portland vs Portland, OR Average
North Portland is cheaper the Portland, OR average by $643/mo (30%). The citywide average is $2,117/mo across all neighborhoods.
Is Rent Going Up or Down in North Portland?
As of May 2026, the average rent in North Portland is $1,474 per month across 1 apartment community and 2 available units.
The most affordable option is The Melrose starting at $1,449/mo. By unit type, a 2-bedroom averages $1,474/mo.
Prices range from $1,449 to $1,499 per month. The most common price point is the $1,400 range, where 2 units are currently listed.
North Portland Rent Price History
Rent by Bedroom Type in North Portland
Rent Prices by Apartment in North Portland
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Melrose | $1,449/mo | $1,474/mo | 2 | 4.2 |
Google Search Trends for North Portland Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in North Portland
What is the average rent in North Portland?
Is rent going up or down in North Portland?
What is the cheapest apartment in North Portland?
How many apartments are available in North Portland?
What salary do I need to live comfortably in North Portland?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$59,000/year
30 percent rule -- using our average rent of $1,474/mo.
Comfortable income
$71,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,449/mo), you need to earn at least $58,000/year.
Median household income in North Portland is $88,792 , about 25% above the comfortable-living threshold.
Cost of living in North Portland
Overall prices in North Portland 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 North Portland's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,474 |
| Utilities | $537 |
| Groceries | $566 |
| Transportation | $1,279 |
| Healthcare | $624 |
| Other goods and services | $998 |
| Estimated total | $5,478/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.
Explore North Portland Apartments
Browse all 1 communities with daily-updated pricing and availability.