What's the average rent in Portland, OR?

Rental Market Trends in Portland, OR

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Portland, OR is $1,675 per month, which is 13% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,675

-0.3%-$5 decrease month-over-month

-0.7%-$12 decrease year-over-year

AVAILABLE RENTALS

2,393

APARTMENTS

$1,519

HOUSES

$2,895

TOWNHOUSES

$2,395

As of June 2026, apartments are the most affordable rental option in Portland, OR at $1,519 per month, while houses are the most expensive at $2,895 per month. Townhomes average $2,395 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,418
2 Bedrooms	$1,816
3 Bedrooms	$2,617
4 Bedrooms	$3,600
All	$1,672

As of June 2026, the average rent for a 1 bedroom rental in Portland, OR is $1,418 per month, followed by $1,816 for a 2 bedroom rental, $2,617 for a 3 bedroom rental, and $3,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,550
2 Bedrooms	$2,350
3 Bedrooms	$2,495
4 Bedrooms	$3,050
All	$2,395

As of June 2026, the average rent for a 1 bedroom townhome in Portland, OR is $1,550 per month, followed by $2,350 for a 2 bedroom townhome, $2,495 for a 3 bedroom townhome, and $3,050 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,445
2 Bedrooms	$1,800
3 Bedrooms	$2,700
4 Bedrooms	$7,390
All	$1,600

As of June 2026, the average rent for a 1 bedroom apartment in Portland, OR is $1,445 per month, followed by $1,800 for a 2 bedroom apartment, $2,700 for a 3 bedroom apartment, and $7,390 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$2,400
3 Bedrooms	$2,895
4 Bedrooms	$3,599
All	$2,895

As of June 2026, the average rent for a 1 bedroom house in Portland, OR is $1,500 per month, followed by $2,400 for a 2 bedroom house, $2,895 for a 3 bedroom house, and $3,599 for a 4 bedroom house.