What's the average rent in Portland, OR?

Rental Market Trends in Portland, OR

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Portland, OR is $1,699 per month, which is 14% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,699

1.4%$24 increase month-over-month

-4.8%-$85 decrease year-over-year

AVAILABLE RENTALS

2,432

APARTMENTS

$1,603

HOUSES

$3,000

TOWNHOUSES

$2,500

As of July 2026, apartments are the most affordable rental option in Portland, OR at $1,603 per month, while houses are the most expensive at $3,000 per month. Townhomes average $2,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,425
2 Bedrooms	$1,830
3 Bedrooms	$2,700
4 Bedrooms	$3,500
All	$1,699

As of July 2026, the average rent for a 1 bedroom rental in Portland, OR is $1,425 per month, followed by $1,830 for a 2 bedroom rental, $2,700 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,800
2 Bedrooms	$2,325
3 Bedrooms	$2,700
4 Bedrooms	$3,400
All	$2,500

As of July 2026, the average rent for a 1 bedroom townhome in Portland, OR is $1,800 per month, followed by $2,325 for a 2 bedroom townhome, $2,700 for a 3 bedroom townhome, and $3,400 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,825
3 Bedrooms	$2,645
4 Bedrooms	$6,963
All	$1,649

As of July 2026, the average rent for a 1 bedroom apartment in Portland, OR is $1,400 per month, followed by $1,825 for a 2 bedroom apartment, $2,645 for a 3 bedroom apartment, and $6,963 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,475
2 Bedrooms	$2,375
3 Bedrooms	$2,995
4 Bedrooms	$3,495
All	$3,000

As of July 2026, the average rent for a 1 bedroom house in Portland, OR is $1,475 per month, followed by $2,375 for a 2 bedroom house, $2,995 for a 3 bedroom house, and $3,495 for a 4 bedroom house.