Average Rent in Portland, OR
32 apartment buildings, 516 units. Real asking prices, refreshed daily.
Avg Rent
$2,252/mo
market average
Cheapest
$915/mo
Greenbridge Properties
Properties
32
tracked daily
Units
516
available now
Portland, OR Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 32 properties in Portland, OR.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Portland, OR Rent Prices
All 32 properties ranked by lowest available rent.
Greenbridge Properties
511 SW 10th Ave #1008, Portland, OR 97205, USA
Home (Vista St. Clair
1000 SW Vista Ave, Portland, OR 97205, USA
The Davenport
665 NE 178th Ave, Portland, OR 97230, USA
10th @ Hoyt
925 NW Hoyt St, Portland, OR 97209, USA
Benford Court
1300 NE 181st Ave, Portland, OR 97230, USA
505 DEKUM
505 NE Dekum St, Portland, OR 97211, USA
Hollis
1625 SW Alder St, Portland, OR 97205, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Greenbridge Properties 511 SW 10th Ave #1008, Portland, OR 97205, USA | $915 | $1,727 | $2.25 | 4.2 (201) | 48 |
| 2 | Home (Vista St. Clair 1000 SW Vista Ave, Portland, OR 97205, USA | $1,021 | $1,324 | $2.44 | 3.5 (77) | 3 |
| 3 | The Davenport 665 NE 178th Ave, Portland, OR 97230, USA | $1,213 | $1,488 | $1.88 | 4.1 (87) | 12 |
| 4 | 10th @ Hoyt 925 NW Hoyt St, Portland, OR 97209, USA | $1,230 | $1,716 | $2.25 | 4.4 (164) | 10 |
| 5 | Benford Court 1300 NE 181st Ave, Portland, OR 97230, USA | $1,245 | $1,245 | $1.86 | 3.6 (27) | 1 |
| 6 | 505 DEKUM 505 NE Dekum St, Portland, OR 97211, USA | $1,295 | $1,295 | $2.80 | 4.6 (20) | 1 |
| 7 | Hollis 1625 SW Alder St, Portland, OR 97205, USA | $1,349 | $1,535 | $2.75 | 4.9 (171) | 8 |
Explore Each Property
Greenbridge Properties
4.2 (201)511 SW 10th Ave #1008, Portland, OR 97205, USA
Home (Vista St. Clair
3.5 (77)1000 SW Vista Ave, Portland, OR 97205, USA
The Davenport
4.1 (87)665 NE 178th Ave, Portland, OR 97230, USA
10th @ Hoyt
4.4 (164)925 NW Hoyt St, Portland, OR 97209, USA
Benford Court
3.6 (27)1300 NE 181st Ave, Portland, OR 97230, USA
505 DEKUM
4.6 (20)505 NE Dekum St, Portland, OR 97211, USA
Portland, OR Average Rent Prices 2026
The average rent in Portland, OR is $2,252 per month, based on 516 units across 32 apartment communities. Prices range from $915 at Greenbridge Properties to $2,005 at The Residences at 11W.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,800/mo | $915/mo | 71 |
| 1 Bed | $2,103/mo | $1,213/mo | 305 |
| 2 Bed | $2,806/mo | $1,100/mo | 136 |
| 3 Bed | $2,810/mo | $2,055/mo | 4 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Building Economics
How much do Portland, OR apartments earn?
The 28 buildings we can estimate generate about $18M in rental revenue per month ($212M a year). Estimated from each building's unit-level listing and leasing activity.
| Building | Est. Monthly Revenue | Est. Occupancy | Units |
|---|---|---|---|
| 1.Saltwood Apartments | $2.2M/mo | 97% | 840 |
| 2.Millhouse | $1.9M/mo | 87% | 1000 |
| 3.Greenbridge Properties | $1.9M/mo | 95% | 1000 |
| 4.Harbor Sky | $1.3M/mo | 95% | 684 |
| 5.Park Avenue West Apartments | $1.2M/mo | 96% | 540 |
Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.
Market Context
Who rents in Portland, OR, and what they pay
Tracked one-bedroom rent in Portland, OR averages $2,103/mo, with two-bedroom units averaging $2,806/mo. At the local median household income of $88,792, that works out to 30% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Portland, OR at $1,596/mo. The current tracked market average runs 41% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Portland, OR while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Portland
Demand in the Portland rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- Intel
- Nike
- Providence Health
- Oregon Health & Science University
- Kaiser Permanente
- Columbia Sportswear
Mean one-way commute in Portland, OR is 25 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Portland, OR?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$90,000/year
Based on the 30 percent rule, using our tracked average rent of $2,252/mo.
Comfortable income
$108,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($915/mo), you need to earn at least $37,000/year.
Median household income in Portland, OR is $88,792 , about 18% below the comfortable-living threshold.
Cost of living in Portland, OR
Overall prices in Portland, OR runs above the national average by about 7% (BEA Regional Price Parity index 106.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Portland, OR's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,252 |
| Utilities | $537 |
| Groceries | $566 |
| Transportation | $1,279 |
| Healthcare | $624 |
| Other goods and services | $998 |
| Estimated total | $6,256/mo |
Population
642,715
Median household income
$88,792
Census median rent
$1,596/mo
Rent as % of income
30.6%
Median age
38.6
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Oregon
How Portland, OR rent compares to other markets in the state.
| City | Avg Rent | vs Portland, OR | Properties |
|---|---|---|---|
| Salem, OR | $1,535 | -32% | 13 |
| Eugene, OR | $1,769 | -21% | 13 |
| Gresham, OR | $1,642 | -27% | 11 |
| Hillsboro, OR | $1,959 | -13% | 7 |
| Bend, OR | $1,915 | -15% | 7 |
| Beaverton, OR | $1,970 | -13% | 7 |
Frequently asked questions
What is the average rent in Portland, OR?
The average rent in Portland, OR is $2,252 per month, based on 516 units across 32 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Portland, OR?
The lowest available rent in Portland, OR starts at $915 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Portland, OR?
1-bedroom apartments in Portland, OR average $2,103/mo. The lowest listed 1-bedroom starts at $1,213/mo across 305 units tracked.
How much is a 2-bedroom apartment in Portland, OR?
2-bedroom apartments in Portland, OR average $2,806/mo. Units start from $1,100/mo across 136 units currently listed.
Rent Trends in Portland, OR
Track how apartment prices are changing over time.
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