Last updated
Average Rent in Southwest Hills & Rent Trends
Rent prices and market trends across 5 apartment communities in Southwest Hills, Portland, OR. Updated daily.
Market Average
$2,003/mo
▼ 29.1% from last month
Lowest Available
$925/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
82
available now
Southwest Hills vs Portland, OR Average
Southwest Hills is cheaper the Portland, OR average by $226/mo (10%). The citywide average is $2,229/mo across all neighborhoods.
Is Rent Going Up or Down in Southwest Hills?
As of May 2026, the average rent in Southwest Hills is $2,003 per month across 5 apartment communities and 82 available units. Rents have decreased $817 (29.1%) over the past month.
The most affordable option is Greenbridge Properties starting at $925/mo. By unit type, a studio averages $1,402/mo, a 1-bedroom averages $1,746/mo, a 2-bedroom averages $2,253/mo, a 3-bedroom averages $3,991/mo.
Prices range from $925 to $8,849 per month. The most common price point is the $1,200 range, where 20 units are currently listed.
Southwest Hills Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Southwest Hills
Rent Prices by Apartment in Southwest Hills
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Greenbridge Properties | $925/mo | $1,737/mo | 54 | 4.2 |
| Home (Vista St. Clair | $1,036/mo | $1,335/mo | 3 | 3.5 |
| North Hollow | $1,250/mo | $1,485/mo | 6 | 4.1 |
| Hollis | $1,310/mo | $1,467/mo | 7 | 4.9 |
| The Residences at 11W | $2,005/mo | $3,938/mo | 12 | 4.6 |
Google Search Trends for Southwest Hills Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Southwest Hills
What is the average rent in Southwest Hills?
Is rent going up or down in Southwest Hills?
What is the cheapest apartment in Southwest Hills?
How much is a 1-bedroom apartment in Southwest Hills?
How many apartments are available in Southwest Hills?
What salary do I need to live comfortably in Southwest Hills?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$80,000/year
30 percent rule -- using our average rent of $2,003/mo.
Comfortable income
$96,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($925/mo), you need to earn at least $37,000/year.
Median household income in Southwest Hills is $88,792 , about 8% below the comfortable-living threshold.
Cost of living in Southwest Hills
Overall prices in Southwest Hills 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 Southwest Hills's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,003 |
| Utilities | $537 |
| Groceries | $566 |
| Transportation | $1,279 |
| Healthcare | $624 |
| Other goods and services | $998 |
| Estimated total | $6,007/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.
Explore Southwest Hills Apartments
Browse all 5 communities with daily-updated pricing and availability.