# The Payton cuts one apartment’s listed rent by $308 a month

> The listed monthly rent changed from $2,734 to $2,426 in Portland, OR. The change is 11.3%.

Canonical: https://average-rent.com/insights/rent-watch/portland-or-1677-835cc1ccb4bf/
Last updated: 2026-11-04

Verified local price report

The listed monthly rent changed from $2,734 to $2,426 in Portland, OR. The change is 11.3%.

By Average Rent · Published Nov 4, 2026, 8:45 AM UTC · Updated Nov 4, 2026, 8:45 AM UTC

Original observed change

↓ $308/mo

Percentage change

11.3%

We confirmed 4 price changes at this building. The table records each original comparison and its observation dates.

These are listed asking prices. Availability and lease terms can change. Check the current listing before you apply.

Unit 734: observed monthly asking rent

Scroll the chart to see each observation.

Asking rent changed from $2,734 to $2,426.

Steps connect recorded observations. Prices between checks are not independently confirmed.

## Original evidence

Original before and after observations for each apartment| Apartment | Before | After | Change |
| --- | --- | --- | --- |
| [Unit 417](https://average-rent.com/rent-watch/unit/1677/?unit=u_000000000000000000000000000018d8)15-month term | $1,875Nov 2, 2026, 7:39 AM UTC | $1,866Nov 3, 2026, 7:55 AM UTC | Cut: $90.5% |
| [Unit 104](https://average-rent.com/rent-watch/unit/1677/?unit=u_000000000000000000000000000018dc)15-month term | $2,142Nov 2, 2026, 7:39 AM UTC | $2,133Nov 3, 2026, 7:55 AM UTC | Cut: $90.4% |
| [Unit 734](https://average-rent.com/rent-watch/unit/1677/?unit=u_000000000000000000000000000018dd)15-month term | $2,734Nov 2, 2026, 7:39 AM UTC | $2,426Nov 3, 2026, 7:55 AM UTC | Cut: $30811.3% |
| [Unit 531](https://average-rent.com/rent-watch/unit/1677/?unit=u_000000000000000000000000000018db)15-month term | $1,916Nov 2, 2026, 7:39 AM UTC | $1,895Nov 3, 2026, 7:55 AM UTC | Cut: $211.1% |

## Current status

- Unit 417: Listed; comparison not confirmed · $1,866/mo

Last observation: Nov 4, 2026, 8:36 AM UTC

- Unit 104: Listed; comparison not confirmed · $2,133/mo

Last observation: Nov 4, 2026, 8:36 AM UTC

- Unit 734: Listed; comparison not confirmed · $2,426/mo

Last observation: Nov 4, 2026, 8:36 AM UTC

- Unit 531: Listed; comparison not confirmed · $1,895/mo

Last observation: Nov 4, 2026, 8:36 AM UTC

[View The Payton and its current listings](https://average-rent.com/city/portland-or/the-payton-portland-or/)

## Local context

This report describes one building in Portland, OR. Its original comparison sample included 8 listings across 1 building. Limited recent comparisons prevent a broad city trend claim.

- [Benford Court: $1,245/mo](https://average-rent.com/city/portland-or/benford-court-portland-or/)

- [The Davenport: $1,347/mo](https://average-rent.com/city/portland-or/the-davenport-portland-or/)

- [The Davenport: $1,347/mo](https://average-rent.com/city/portland-or/the-davenport-portland-or/)

[Compare prices in Portland, OR](https://average-rent.com/city/portland-or/rent-watch/)

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Update history and method

We compare the same identified apartment, price basis, and lease term. Independent repeat checks confirm the prices. Large changes need an additional check. The original record remains available when a listing changes.

- Updated Nov 4, 2026, 8:45 AM UTC