Rentometer, Inc. | Data as of 12/04/2025
Portland’s rental market offers a vibrant mix of apartments and single‑family homes across its iconic neighborhoods, from the bustling Pearl District and historic Alberta to the leafy hills of Northwest and the eclectic vibes of Hawthorne. Renters enjoy easy access to the city’s celebrated food cart scene, abundant green spaces like Washington Park, and a robust public transit network that makes commuting seamless. Whether you’re drawn to downtown’s high‑rise living or the quieter residential streets of the Sellwood‑Manzanita area, Portland provides a welcoming environment for professionals, families, and students alike.
Apartment options in Portland span from studios to spacious four‑plus‑bedroom units, with studio averages in the $1300s and one‑bedroom rentals generally sitting in the $1600 range. Two‑bedroom units often approach the $2200 mark, while larger three‑ and four‑plus‑bedroom apartments can reach the $2400‑$3300 spectrum, reflecting the city’s demand for flexible living spaces. Single‑family houses mirror this variety, offering studio‑style homes around $1300, one‑bedroom homes near $1600, and increasingly larger homes that command $2800‑$3800, catering to families seeking more room and privacy.
Beyond price points, Portland’s rental landscape is defined by its emphasis on sustainability, walkability, and community. Many properties feature eco‑friendly amenities, bike‑storage facilities, and proximity to farmers’ markets and cultural venues. With a blend of historic architecture and modern developments, renters can find a home that aligns with both lifestyle preferences and the city’s renowned Pacific‑Northwest charm.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,350 | $1,320 | $506 - $2,100 | $1,195 - $1,507 |
| Apartment | 1 Bedroom | $1,639 | $1,537 | $600 - $3,250 | $1,375 - $1,800 |
| Apartment | 2 Bedroom | $2,272 | $2,066 | $905 - $5,965 | $1,625 - $2,625 |
| Apartment | 3 Bedroom | $1,956 | $1,850 | $999 - $3,195 | $1,362 - $2,350 |
| House | 1 Bedroom | $1,165 | $1,100 | $700 - $1,695 | $700 - $1,695 |
| House | 2 Bedroom | $2,227 | $2,245 | $745 - $3,500 | $1,900 - $2,495 |
| House | 3 Bedroom | $2,815 | $2,785 | $999 - $9,450 | $2,395 - $3,100 |
| House | 4+ Bedroom | $4,126 | $3,597 | $2,495 - $10,410 | $3,195 - $4,500 |
In the current period, the average rent in Portland was $1,348 for Studio, $1,631 for 1 Bedroom, $2,261 for 2 Bedroom, $2,684 for 3 Bedroom, and $3,875 for 4+ Bedroom.
Data provided by Rentometer, Inc.