What's the average rent in Portland, OR?

Rental Market Trends in Portland, OR

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Portland, OR is $1,863 per month, which is 5% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,863

6.5%$113 increase month-over-month

2.1%$38 increase year-over-year

AVAILABLE RENTALS

2,766

APARTMENTS

$1,712

HOUSES

$2,995

TOWNHOUSES

$2,475

As of September 2026, apartments are the most affordable rental option in Portland, OR at $1,712 per month, while houses are the most expensive at $2,995 per month. Townhomes average $2,475 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,450
2 Bedrooms	$1,882
3 Bedrooms	$2,750
4 Bedrooms	$3,495
All	$1,750

As of September 2026, the average rent for a 1 bedroom rental in Portland, OR is $1,450 per month, followed by $1,882 for a 2 bedroom rental, $2,750 for a 3 bedroom rental, and $3,495 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,615
2 Bedrooms	$2,300
3 Bedrooms	$2,595
4 Bedrooms	$2,900
All	$2,500

As of September 2026, the average rent for a 1 bedroom townhome in Portland, OR is $1,615 per month, followed by $2,300 for a 2 bedroom townhome, $2,595 for a 3 bedroom townhome, and $2,900 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,550
2 Bedrooms	$1,895
3 Bedrooms	$2,950
4 Bedrooms	$7,500
All	$1,840

As of September 2026, the average rent for a 1 bedroom apartment in Portland, OR is $1,550 per month, followed by $1,895 for a 2 bedroom apartment, $2,950 for a 3 bedroom apartment, and $7,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$2,395
3 Bedrooms	$2,990
4 Bedrooms	$3,445
All	$2,995

As of September 2026, the average rent for a 1 bedroom house in Portland, OR is $1,600 per month, followed by $2,395 for a 2 bedroom house, $2,990 for a 3 bedroom house, and $3,445 for a 4 bedroom house.