Property prices for rent in Portland (Oregon)

The rent prices in real estate in Portland, in the Oregon region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,555.5
Average price last 6 months
$4.29
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Portland has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.67. In the following month the price per sq.feet rose considerably to $5.45. The price for the following two months in (November, December) had a considerable fall of 54 with regard to the previous two months. The price per sq.feet has had a considerable rise of 213 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3.12 to $6.64 during January, and February.

Average price

When referring to the price in Portland (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,533. In October This price remains at $1,523. During the following two months (November, December) the price has had an average rise from $1,528 to $1,612. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,570 and $1,526.5 between January and February.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,463 they are 7 % more affordable than the average price for Portland . The properties with the highest average price have 4 bedrooms, Their price is 99 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,374.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.38 / sq.feet, with an average $8.49 / sq.feet price in Portland. The properties with the most expensive average prices have 2 bedrooms. They are 54 % more expensive than the average followed by properties with 1 bedroom with a price at $10.41 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,463 it is 12 % more affordable than the average price in Portland. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,147 it is 91 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.3 / sq.feet followed by "Condo" priced at $6.4 / sq.feet. "Townhouse" is the most expensive type of property with a $182.57 / sq.feet value followed by "Detached House" with an average price of $92.21 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Portland
Number of properties used in region Oregon
$1,463
$8.49
37,800
70,544
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
1034 Nw 21st Ave Studio Apartment For Rent At 1034 Nw 21st Ave, Portland, Or 97209 Northwe...
 20
1034 Nw 21st Ave Studio Apartment For Rent At 1034 Nw 21st Ave, Portland, Or 97209 Northwe...
$1,025
Portland, Oregon - For Rent - Apartment - 494 sq.feet - 1 bathroom
Attractive top floor studio on 21st w/ amazing $1000 move-in special! - acacia apartments 1034 nw 21st ave #33 portland, or application pending now offering $1000...
1022 1040 Se 29th Ave 1 Bedroom Apartment For Rent At 1022 Se 29th Ave, Portland, Or 97214...
 8
1022 1040 Se 29th Ave 1 Bedroom Apartment For Rent At 1022 Se 29th Ave, Portland, Or 97214...
$1,345
Portland, Oregon - For Rent - Apartment - 700 sq.feet - 1 bedroom - 1 bathroom
Off belmont! Fabulous renovated mid-century modern 1-bed ready soon! - azalea terrace 1024 se 29th ave portland, or azalea terrace is nestled in between se hawthorne...
The Morgan 1 Bedroom Apartment For Rent At 1650 Se Tacoma St, Portland, Or 97202 Sellwood ...
 20
The Morgan 1 Bedroom Apartment For Rent At 1650 Se Tacoma St, Portland, Or 97202 Sellwood ...
$1,049
Portland, Oregon - For Rent - Apartment - 606 sq.feet - 1 bedroom - 1 bathroom
Located in portland’s charming and historic sellwood neighborhood, the morgan features stylish studio, one-bedroom, and two-bedroom residences that place you...
The Morgan 2 Bedroom Apartment For Rent At 1650 Se Tacoma St, Portland, Or 97202 Sellwood ...
 20
The Morgan 2 Bedroom Apartment For Rent At 1650 Se Tacoma St, Portland, Or 97202 Sellwood ...
$2,146
Portland, Oregon - For Rent - Apartment - 1,109 sq.feet - 2 bedrooms - 2 bathrooms
Two bedroom two bathroom pdx f located in portland’s charming and historic sellwood neighborhood, the morgan features stylish studio, one-bedroom, and...
Hassalo On Eighth 1 Bedroom Condo For Rent At 1061 Ne 9th Ave, Portland, Or 97232 Lloyd Di...
 20
Hassalo On Eighth 1 Bedroom Condo For Rent At 1061 Ne 9th Ave, Portland, Or 97232 Lloyd Di...
$1,365
Portland, Oregon - For Rent - Condo - 610 sq.feet - 1 bedroom - 1 bathroom
Relax and take in the best views of portland. Pamper your pets in our doggie lounge...