Average Rent Reports by City  >  Portland, OR

Portland Rental Market Overview – Q1 2025

Rentometer, Inc. | Data as of 03/31/2025


Curious about how much rent goes for in Portland, OR? Whether you’re eyeing a studio in Overlook or managing a 4-bedroom house in Westmoreland, Rentometer has you covered with the latest average rent data across property types and neighborhoods.

This report covers average rent prices for apartments and single-family homes in Portland, broken down by bedroom count and neighborhood. All estimates are powered by Rentometer, the leading source for hyperlocal rental data and comps.

Portland Rent by Property Type & Bedroom Count

Property Type Bedrooms Avg Rent (Q1 2025)
Apartment Studio (0) $1,341
Apartment 1 Bedroom $1,643
Apartment 2 Bedroom $2,194
House 2 Bedroom $1,943
House 3 Bedroom $2,804
House 4 Bedroom $3,505

Average Apartment Rent by Portland Neighborhood

Neighborhood Avg Rent (Q1 2025)
Northwest District $1,953
Downtown Portland $1,799
South Portland $2,533
Pearl $1,965
Buckman $1,723
Kerns $1,676
Overlook $1,448
Goose Hollow $1,582
Lloyd District $1,551
Bridgeton $1,914

Average House Rent by Portland Neighborhood

Neighborhood Avg Rent (Q1 2025)
Lents $2,492
Powellhurst-Gilbert $2,601
Montavilla $2,684
Westmoreland $3,324
University Park $2,446
Foster-Powell $2,338
Hazelwood $2,124

Explore Rent Estimates for Any Portland Property

Looking for a rent estimate tailored to a specific property? Rentometer offers fast, reliable rental data for every property type across every Portland neighborhood and ZIP code.

Whether you’re pricing a 1-bedroom in Buckman or evaluating a 4-bedroom house in Westmoreland, Rentometer delivers the accurate rental comps and insights you need.


Data provided by Rentometer, Inc.