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What’s The Average Rent In Portland Oregon?

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What’s The Average Rent In Portland Oregon?

Portland

Are you planning on renting locally but you’re also wondering what is the average rent in Portland Oregon? If so, you’ve come to the right place!

As of October 2021, the average rent in Portland OR for a 756 square foot apartment is $1,633 per month.

Rent has remained steady in the PDX area over the last 15 months as the COVID-19 pandemic along with local social unrest have made the PDX area a place that always seems to be in a state of flux.

Thankfully, even through the up and down days of the COVID-19 crisis, rents in this part of Oregon have remained fairly stable, although the recent end of the Federal Eviction moratorium could change the shape of the rental market in the coming months for many renters who are facing eviction.

What are the most affordable neighborhoods in Portland?

The most affordable neighborhoods in the city area are Cully, where the average rent goes for $832/month, Parkrose, where renters pay $1,051/mo on average, and Parkrose Heights, where the average rent goes for $1,051/mo. If you’re looking for other great deals, check out the listings from Sumner ($1,051), Woodland Park ($1,051), and West Centennial ($1,193), where the asking prices are below the average rent of $1,633/mo.

What are the most expensive neighborhoods in Portland?

The most expensive neighborhoods in the PDX area are Nob Hill – Northwest District ($1,741), Old Town Portland – Chinatown ($1,779) and The Pearl ($1,785).

What are the most popular neighborhoods in Portland?

The most popular neighborhood in Portland is Nob Hill – Northwest District, where there are 33 verified RENTCafé listings with an average rent of $1,741. Next up is Downtown Portland, where apartments go for $1,527/month, followed by Kerns with $1,524 If you’re looking to rent in the area’s most popular neighborhoods, make sure to also check out The Pearl, where renters pay $1,785 on average, and Hazelwood, where the average monthly rent is $1,216.

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Contact Rent Portland Homes – Professionals

At Rent Portland Homes we specialize in local property management for the PDX Oregon area. To learn more about the services that we can offer you, contact us today by calling (503) 447-7735 or click here to connect with us online. 

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