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New Houses in Portland, OR

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Average Rent in Portland, OR

Avg. RentAnnual Change
Portland Studio - $1,2620%
Portland 1 Bed - $1,565+5%
Portland 2 Beds - $1,860-2%
Last updated 6/23/2024

Local Guide

See what Portland, OR has to offer.

Local Reviews

My neighborhood is quiet, which minimizes issues with sleeping at night. Additionally, I have not seen any suspicious activity or evidence of crime in the area, which makes me feel safer.

its has 1 bar that is not a fun place but you can get drunk and its walkable . it doesnt have any homeless or crime but ut does have a bunch of hipsters

Some of the things that I love the most about living in my neighborhood is how many local restaurants and shops there are

It's very warm and safe to live in and I can be completely comfortable when my children want to go to school walking or to play in the garden also every thing I need is near me

It butts up against a large green area -- Forest Park. There are many restaurants of all types of ethnicity and ranges of affordability. We like to go to the museums nearby and the cafes with friends.

The people are unique in n out to the park code for code to get in code is the first code for the car code code eowyy

Demographics

Education

High School

24%

Associate's

28%

Bachelor's

31%

Master's

14%

Doctorate

3%

Family Size

2 people

46%

3 people

24%

4 people

19%

5 people

7%

6+ people

4%

Household Income

0-50k

36%

50-100k

29%

100-150k

17%

150-200k

8%

200k+

10%

Age

0-10

10%

10-20

9%

20-45

43%

45-65

24%

65+

13%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/23/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Portland, OR

In Portland, OR, as of 2024, the average rent for apartments ranges from $1,262 to $1,860. Specifically, the average rent for a studio apartment in Portland, OR is $1,262. For those seeking a 1-bedroom apartments, the average rent is $1,565. And for a 2-bedroom apartment, renters can expect to pay an average of $1,860.

Annual Rent Change Over the Past 12 Months

Studio

0%

Changed from $1,262 to $1,262
1 Bed

+5%

Changed from $1,490 to $1,565
2 Beds

-2%

Changed from $1,898 to $1,860
Last updated 6/23/2024

Rent Ranges

Apartment PricesProportion
0%
2%
30%
19%
48%

Compare Other Cities

CityStudio Avg RentAnnual Change
Hillsboro$2,505+10%
Beaverton$2,337-1%
Tigard$2,075-19%
Ridgefield$1,925--
Lake Oswego$1,904+15%
Vancouver$1,723-9%
Forest Grove$1,575--
Salem$1,437+44%
Wilsonville$1,3950%
Camas$1,300--
Tualatin$1,295+6%
Portland$1,2620%
Gresham$1,200-13%
City1 Bed Avg RentAnnual Change
Lake Oswego$1,900+10%
Wilsonville$1,704+4%
Vancouver$1,687-11%
Oregon City$1,575+5%
Ridgefield$1,570-25%
Portland$1,565+5%
Camas$1,545-10%
Gresham$1,502+2%
Beaverton$1,500-2%
Tigard$1,465-2%
Battleground$1,400-2%
Longview$1,380--
Tualatin$1,325--
Woodland$1,325--
Salem$1,310-1%
Forest Grove$1,275-13%
Mcminnville$1,250--
Keizer$1,0500%
City2 Beds Avg RentAnnual Change
Lake Oswego$2,200-3%
Wilsonville$2,098-8%
Vancouver$1,9970%
Forest Grove$1,907+42%
Beaverton$1,884+11%
Portland$1,860-2%
Gresham$1,797+11%
Ridgefield$1,765-28%
Tigard$1,6950%
Mcminnville$1,6950%
Sandy$1,650-13%
Tualatin$1,625+10%
Camas$1,615-15%
Longview$1,586--
Battleground$1,575-7%
Clackamas$1,550--
Salem$1,508-6%
Oregon City$1,495-13%
Washougal$1,481+8%
Keizer$1,475+16%
Woodland$1,375--
Kelso$1,300--

Compare Neighborhoods

Cully

$1,095

1 Bed Avg. Rent

Multnomah Village

$1,195

1 Bed Avg. Rent

Creston-Kenilworth

$1,195

1 Bed Avg. Rent

What are the most affordable neighborhoods in Portland, OR?

For renters in Portland seeking more affordable options, the neighborhoods to watch are Cully, Multnomah Village, and Creston-Kenilworth, where average rents for 1-bedroom apartments stand at $1,095, $1,195, and $1,195 respectively. Additional areas offering value are Hazelwood and Portsmouth, where the rents are $1,195 and $1,195, a favorable comparison to Portland's overall 1-bedroom average of $1,565.

What are the most expensive neighborhoods in Portland, OR?

In Portland, the neighborhoods commanding the highest rents are Downtown, Pearl, and Northwest Portland. A 1-bedroom apartment in Downtown averages at $2,122, in Pearl it averages $2,011, and in Northwest Portland, the average is $1,800. For additional high-end living options, Goose Hollow offers 1-bedroom apartments at $1,740, and Buckman at $1,730. These rates compare to the overall average rent of $1,565 for a 1-bedroom apartment in Portland, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Portland, OR?

In Portland, the most sought-after neighborhoods for renters include Hawthorne District, Buckman, and Sunnyside. In Hawthorne District, the average rent for a 1-bedroom apartment is $1,522. Buckman sees average rents of $1,730 for a 1-bedroom unit. Sunnyside offers similar appeal with 1-bedroom apartments averaging $1,399. For those seeking other popular areas, Kerns presents 1-bedroom apartments at $1,440, and Richmond at $1,495. These prices are set against the backdrop of the city-wide average of $1,565 for a 1-bedroom apartment in Portland, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Pearl$1,618+11%
Richmond$1,552+8%
Overlook$1,467-15%
North Portland$1,461+1%
Buckman$1,456+16%
St. Johns$1,450-3%
Kenton$1,450--
Hawthorne District$1,425+13%
South Portland$1,395+8%
John's Landing$1,395-1%
Downtown$1,357+18%
Lair Hill$1,295+13%
Kerns$1,262-5%
Northwest Portland$1,2500%
Sunnyside$1,2270%
Westmoreland$1,225-8%
Northeast Portland$1,218-4%
Irvington$1,212-9%
Creston-Kenilworth$1,200+12%
Humboldt$1,195--
Nob Hill$1,187-3%
Northwest District$1,187-3%
Alphabet District$1,187-5%
Southwest Hills$1,150+10%
Goose Hollow$1,125-10%
Mt. Tabor$1,124-4%
Cathedral Park$1,124--
Alberta Arts District$1,099--
King$1,099--
East Portland$1,097+4%
Powellhurst-Gilbert$1,075--
Bridlemile$1,050--
Arbor Lodge$1,045-25%
Centennial$1,0450%
Multnomah Village$1,000--
Central Northeast Portland$999-26%
Hazelwood$995--
Neighborhood1 Bed Avg RentAnnual Change
Northwest Portland$1,800+20%
Goose Hollow$1,740+7%
Buckman$1,730+16%
Mt. Tabor$1,695+13%
Nob Hill$1,600+7%
Northwest District$1,600+7%
Southwest Hills$1,600--
Concordia$1,595+7%
Northeast Portland$1,570-5%
Humboldt$1,569--
Alphabet District$1,550+4%
Alberta Arts District$1,550--
King$1,550--
St. Johns$1,549-2%
Westmoreland$1,531+4%
Hawthorne District$1,522+2%
Richmond$1,495-13%
North Portland$1,472-6%
South Portland$1,450-3%
John's Landing$1,450+12%
Kerns$1,440-2%
Pleasant Valley$1,435+2%
Sunnyside$1,399-3%
Central Northeast Portland$1,395-4%
Lair Hill$1,375+10%
Kenton$1,362-17%
Cathedral Park$1,355--
Irvington$1,350+6%
Centennial$1,350-3%
Arbor Lodge$1,307-8%
East Portland$1,300-7%
Bridlemile$1,295--
Powellhurst-Gilbert$1,2950%
Lents$1,295-7%
Overlook$1,247-11%
Montavilla$1,200-14%
Multnomah Village$1,195-8%
Creston-Kenilworth$1,195+2%
Hazelwood$1,195-8%
Portsmouth$1,195-18%
Foster-Powell$1,195--
Cully$1,095-33%
Neighborhood2 Beds Avg RentAnnual Change
Northwest Portland$3,043+15%
Goose Hollow$2,725+52%
Buckman$2,573+29%
Nob Hill$2,385+1%
Northwest District$2,385+1%
Kerns$2,365+9%
Humboldt$2,350+4%
Richmond$2,199+10%
Southwest Hills$2,195--
Hawthorne District$2,095+8%
Alphabet District$1,950-7%
North Portland$1,947-15%
Kenton$1,935-4%
Northeast Portland$1,910-18%
Westmoreland$1,889+16%
Arbor Lodge$1,870-1%
Cathedral Park$1,810+7%
Alberta Arts District$1,799--
Sunnyside$1,725-9%
King$1,695--
South Portland$1,645-22%
Foster-Powell$1,595--
Mt. Tabor$1,562-27%
Irvington$1,555-7%
Central Northeast Portland$1,550-9%
St. Johns$1,550+11%
Creston-Kenilworth$1,520-5%
Lair Hill$1,500+9%
Concordia$1,500--
East Portland$1,495-3%
Cully$1,495+11%
John's Landing$1,495-32%
Powellhurst-Gilbert$1,495-12%
Lents$1,495-6%
Overlook$1,450-33%
Portsmouth$1,425-5%
Bridlemile$1,404--
Hazelwood$1,399-6%
Woodstock$1,395--
Multnomah Village$1,375+4%
Montavilla$1,350-20%
Centennial$1,350-15%
Brentwood-Darlington$1,195--
Pleasant Valley$1,095--

Transportation

Commute Time

0-15 Mins

18%

15-30 Mins

43%

30-40 Mins

20%

40-60 Mins

12%

60+ Mins

7%

Transportation Scores

Percentage: 7676

Walk Score®

Walkable

Yes

Say 86 of 156 renters

Has Sidewalks

Yes

Say 115 of 156 renters

Percentage: 8585

Bike Score®

Bike Friendly

Yes

Say 103 of 156 renters

Percentage: 6060

Transit Score®

They Are Located Near Public Transportation

Yes

Say 120 of 156 renters

Need A Car

No

Say 86 of 156 renters

Area Amenities

Top Score

Grocery Stores

4.5/5 stars based on undefined reviews

There are some super markets around here.

  1. A high number of grocery stores per resident
  2. Significantly more grocery stores than average
  3. 24% more grocery stores than areas of a similar size

Restaurants

4.5/5 stars based on undefined reviews

Great service and no need for reservations. A great place for food.

  1. A high number of restaurants per resident
  2. Significantly more restaurants than average
  3. A standard number of restaurants compared to areas of a similar size

Coffee

4.5/5 stars based on undefined reviews

We're full of beans for Portland's coffee shop scene.

  1. A high number of coffee shops per resident
  2. Significantly more coffee shops than average
  3. 42% more coffee shops than areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

Get your dance shoes on, Portland looks good for nightlife.

  1. A high number of bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. 58% more bars and clubs than areas of a similar size

Parks

4.5/5 stars based on undefined reviews

Portland is team green. Parks get a high score.

  1. Few parks per resident
  2. Significantly more parks than average
  3. 50% fewer parks than areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. Portland has a lot of style.

  1. A high number of shops per resident
  2. Significantly more shops than average
  3. 16% more shops than areas of a similar size

Health and Fitness

4.5/5 stars based on undefined reviews

Pumped and lifting a solid 4.5 stars for fitness.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 28% fewer gyms than areas of a similar size

Pet Services

4.5/5 stars based on undefined reviews

Portland is real pawsitive for your pets.

  1. A high number of pet facilities per resident
  2. Significantly more pet facilities than average
  3. 22% more pet facilities than areas of a similar size

Fine Arts

4.5/5 stars based on undefined reviews

This place gets the picture when it comes to art.

  1. A high number of fine art centers per resident
  2. Significantly more fine art centers than average
  3. A standard number of fine art centers compared to areas of a similar size

Medical Care

4.5/5 stars based on undefined reviews

The great medical care here is just what the doctor ordered.

  1. A high number of medical facilities per resident
  2. Significantly more medical facilities than average
  3. 43% more medical facilities than areas of a similar size

Gas Stations

4.5/5 stars based on undefined reviews

You won't have to drive far to fill up around here.

  1. Few gas stations per resident
  2. Significantly more gas stations than average
  3. 5% fewer gas stations than areas of a similar size

Area Features

Area Has Litter

No

Say 138 of 156 renters

Noise Late At Night

No

Say 128 of 156 renters

Good Place To Raise A Family

Yes

Say 125 of 156 renters

Pet Friendly

Yes

Say 119 of 156 renters

Area Has Potholes

No

Say 115 of 156 renters

Busy Streets

No

Say 107 of 156 renters

Nearby Parks

Yes

Say 106 of 156 renters

Near Grocery Stores

Yes

Say 104 of 156 renters

Near Schools

Yes

Say 99 of 156 renters

Mostly Older Buildings

No

Say 97 of 156 renters

Safe For Families

Yes

Say 97 of 156 renters

Quiet Area

Yes

Say 94 of 156 renters

Tree Lined Streets

Yes

Say 91 of 156 renters

Area Has Kids Play Outside

Yes

Say 88 of 156 renters

Maintained Yards

No

Say 81 of 156 renters

Near Highways

No

Say 85 of 156 renters

Well Lit

No

Say 96 of 156 renters

Nice Views

No

Say 104 of 156 renters

Near Downtown

No

Say 118 of 156 renters

Mostly Newer Buildings

No

Say 123 of 156 renters

Schools

Percentage: 3/53/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Portland

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

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