198 Houses for rent in Portland, OR

Last updated May 24 at 4:13am UTC
11104 NE Siskiyou Street
Parkrose Heights
Portland, OR
Updated May 24 at 4:13am UTC
3 Bedrooms
$1,895
10414 Sw 46th Place
West Portland Park
Portland, OR
Updated May 24 at 4:13am UTC
3 Bedrooms
$2,595
10406 Sw 46th Place
West Portland Park
Portland, OR
Updated May 24 at 4:13am UTC
3 Bedrooms
$2,595
1246 SE 51st Avenue
Mt. Tabor
Portland, OR
Updated May 24 at 4:13am UTC
2 Bedrooms
$1,845
7414 SE 13th Avenue
Westmoreland
Portland, OR
Updated May 24 at 4:13am UTC
4 Bedrooms
$3,850
4405 SE Windsor Court
Richmond
Portland, OR
Updated May 24 at 4:13am UTC
2 Bedrooms
$1,895
1417 NW 23rd Avenue
Nob Hill
Portland, OR
Updated May 24 at 4:13am UTC
2 Bedrooms
$2,195
26 Se 30th Place
Kerns
Portland, OR
Updated May 24 at 4:13am UTC
2 Bedrooms
$1,839
4625 N Gantenbein Ave.
Humboldt
Portland, OR
Updated May 23 at 10:04am UTC
3 Bedrooms
$1,795
12447 SW Lesser Rd
Far Southwest
Portland, OR
Updated May 23 at 10:04am UTC
5 Bedrooms
$3,595
6610 SE Knight Street
Mt. Scott-Arleta
Portland, OR
Updated May 23 at 10:03am UTC
3 Bedrooms
$1,995
0424 SW Pendleton St.
South Portland
Portland, OR
Updated May 23 at 10:03am UTC
2 Bedrooms
$2,235
6039 SE Harold St
Mt. Scott-Arleta
Portland, OR
Updated May 23 at 10:03am UTC
2 Bedrooms
$1,695
4658 NE 116th Ave.
Parkrose
Portland, OR
Updated May 23 at 10:03am UTC
3 Bedrooms
$1,600
715 SE Miller St.
Westmoreland
Portland, OR
Updated May 23 at 10:02am UTC
2 Bedrooms
$2,495
2109 NW Irving St. #405
Nob Hill
Portland, OR
Updated May 23 at 10:02am UTC
1 Bedroom
$1,345
4608 SE 77th Ave
Foster-Powell
Portland, OR
Updated May 23 at 10:01am UTC
2 Bedrooms
$1,650
1635 NE Rosa Parks Way
Woodlawn
Portland, OR
Updated May 23 at 10:01am UTC
2 Bedrooms
$1,595
8316 SW 6th Ave
South Burlingame
Portland, OR
Updated May 23 at 10:00am UTC
2 Bedrooms
$1,995
2873 NW Raleigh St
Nob Hill
Portland, OR
Updated May 23 at 10:00am UTC
3 Bedrooms
$3,650
4309 SE 99th Ave
Lents
Portland, OR
Updated May 23 at 10:00am UTC
2 Bedrooms
$1,595
1075 NW Northrup St #408
Pearl
Portland, OR
Updated May 23 at 9:59am UTC
1 Bedroom
$2,495
2724 NE 35th Ave
Grant Park
Portland, OR
Updated May 23 at 9:59am UTC
2 Bedrooms
$2,095
13818 SE Taylor Street
Hazelwood
Portland, OR
Updated May 24 at 4:13am UTC
3 Bedrooms
$1,925
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May 2018 Portland Rent Report

Welcome to the May 2018 Portland Rent Report. Portland rents declined over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to cities throughout the state and nation.

View full Portland Rent Report
Rent Report
Portland

May 2018 Portland Rent Report

Welcome to the May 2018 Portland Rent Report. Portland rents declined over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to cities throughout the state and nation.

Portland rents declined significantly over the past month

Portland rents have declined 0.4% over the past month, and are down moderately by 1.4% in comparison to the same time last year. Currently, median rents in Portland stand at $1,130 for a one-bedroom apartment and $1,330 for a two-bedroom. Portland's year-over-year rent growth lags the state average of 0.0%, as well as the national average of 1.5%.

Rents rising across cities in Oregon

While rent decreases have been occurring in the city of Portland over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in Oregon for which we have data. The state as a whole logged rent growth of -0.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Hillsboro is the most expensive of all Oregon's major cities, with a median two-bedroom rent of $2,010; of the 10 largest cities in the state that we have data for, Hillsboro, where a two-bedroom goes for $2,010, is the only other major city besides Portland to see rents fall year-over-year (-0.9%).
  • Vancouver, Springfield, and Eugene have all experienced year-over-year growth above the state average (3.9%, 3.6%, and 3.0%, respectively).

Portland rents more affordable than many other large cities nationwide

As rents have fallen moderately in Portland, many comparable cities nationwide have seen prices increase, in some cases substantially. Portland is also more affordable than most similar cities across the country.

  • Portland's median two-bedroom rent of $1,330 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.4% decline in Portland.
  • While rents in Portland fell moderately over the past year, many cities nationwide saw increases, including Las Vegas (+4.6%), Phoenix (+2.3%), and Los Angeles (+2.1%).
  • Renters will find more reasonable prices in Portland than most other large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than twice the price in Portland.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Portland $1,130 $1,330 -0.4% -1.4%
Vancouver $1,380 $1,630 0.3% 3.9%
Gresham $1,400 $1,650 -0.1% 2.0%
Hillsboro $1,700 $2,010 -0.4% -0.9%
Beaverton $1,470 $1,740 0.2% 1.7%
Lake Oswego $1,650 $1,950 0.5% 1.1%
Tualatin $1,570 $1,860 -0.1% 3.6%
Wilsonville $1,450 $1,710 2.2% 3.0%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.