Cheap Houses for Rent in Portland, OR
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Average Rent Trends in Portland, OR
Rent in Portland, OR varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,895 |
| Jul 2025 | $2,995 |
| Aug 2025 | $2,995 |
| Sep 2025 | $2,995 |
| Oct 2025 | $2,900 |
| Nov 2025 | $2,875 |
| Dec 2025 | $2,795 |
| Jan 2026 | $2,725 |
| Feb 2026 | $2,700 |
| Mar 2026 | $2,717 |
| Apr 2026 | $2,795 |
| May 2026 | $2,850 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,418 | $1,816 | $2,617 | $3,600 | $1,672 |
| Townhomes | $1,550 | $2,350 | $2,495 | $3,050 | $2,395 |
| Apartments and Condos | $1,445 | $1,800 | $2,700 | $7,390 | $1,600 |
| Houses | $1,500 | $2,400 | $2,895 | $3,599 | $2,895 |
Frequently Asked Questions about Houses for rent in Portland, OR
- What is the average rent of a house in Portland, OR?The average rent of a house in Portland, OR is $2,895 per month. This is about 50% higher than the national average.
- When is the average rent cheapest in Portland, OR?In the last year, the average rent in Portland, OR was lowest in Jan 2025 when it was $2,795 per month.
- When is the average rent most expensive in Portland, OR?In the last year, the average rent in Portland, OR was highest in Jul 2025 when it was $2,995 per month.
- How many houses are available to rent in Portland, OR?There are 480 available houses to rent in Portland, OR.
- What colleges and universities are in Portland, OR?Colleges and universities in Portland, OR include: Portland State University.
- What are some neighborhoods in Portland, OR?Some neighborhoods in Portland, OR include: Hazelwood, Powellhurst Gilbert, Centennial, Lents, Cedar Mill.
- What are some zip codes in Portland, OR?
- What are some cities near Portland, OR?Some nearby cities include: West Slope, Raleigh Hills, Garden Home-Whitford, Metzger, Rockcreek. These cities may have more rental options to explore.