Portland, OR rental market

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Last updated August 27, 2025

Rental market summary

The average rent for 1 bedroom properties in Portland, OR is $1,456.

Average rent

$1,456

Month-over-month change

+$2

Year-over-year change

-$25

Available rentals

935

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $542 to $5,010.

Rent frequencies
Rent priceNumber of rental properties
$5003
$6006
$7007
$8005
$90013
$1,00045
$1,10081
$1,200133
$1,300152
$1,400132
$1,500105
$1,60070
$1,70074
$1,80037
$1,90040
$2,00022
$2,10024
$2,20027
$2,30016
$2,4008
$2,50012
$2,60010
$2,7008
$2,8006
$2,9003
$3,0002
$3,1005
$3,2003
$3,4001
$4,0001
$4,8001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $25 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,425$1,450
Feb$1,446$1,450
Mar$1,450$1,449
Apr$1,450$1,410
May$1,446$1,421
Jun$1,450$1,417
Jul$1,450$1,435
Aug$1,451$1,450
Sep$1,481No data
Oct$1,481No data
Nov$1,445No data
Dec$1,449No data

Market temperature

The Portland, OR rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Portland, OR is 8% lower than the national average.

Portland, ORvs.

$1,456

$1,585

Rent in Portland, OR

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Frequently asked questions

1. What is the average rent in Portland, OR?

The average rent in Portland, OR is $1,802.

2. How much does it cost to rent a house in Portland, OR?

Houses in Portland, OR rent between $100 - $25,000 with an average rent of $1,802.

3. How has the rent in Portland, OR changed in the last year?

In the last year, the rent in Portland, OR increased by $7

4. How much has the rent in Portland, OR increased/decreased in the last month?

In the last month, the rent in Portland, OR increased by $7

5. How many available rentals are there in Portland, OR?

There are currently 2,624 rentals available in Portland, OR.

6. How do rent prices in Portland, OR compare with the national average?

The average rent in Portland, OR is $1,802 — Infinity% higher the national average of $0.