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Rent in Portland, OR

Data as of August 2026 · Zillow Observed Rent Index

Typical rent

$1,732

1-year change

+0.9%

3-year change

+5.3%

Metro, 1-year change

+0.6%

Rents in Portland rose +0.9%, slower than the US overall (+2.5%). An increase much above +0.9% is worth questioning.

Typical rent in Portland, past 3 years

All unit sizes, monthly

Typical monthly rent in Portland, OR, over the past three years
Typical monthly rent in Portland, OR, over the past three years$1,600$1,650$1,700$1,750202420252026$1,732
Show as a table
MonthTypical rent
Aug 2026$1,732
Jul 2026$1,726
Jun 2026$1,724
May 2026$1,719
Apr 2026$1,709
Mar 2026$1,700
Feb 2026$1,691
Jan 2026$1,690
Dec 2025$1,690
Nov 2025$1,698
Oct 2025$1,704
Sep 2025$1,713
Aug 2025$1,717
Jul 2025$1,716
Jun 2025$1,706
May 2025$1,694
Apr 2025$1,684
Mar 2025$1,675
Feb 2025$1,668
Jan 2025$1,665
Dec 2024$1,666
Nov 2024$1,677
Oct 2024$1,683
Sep 2024$1,688
Aug 2024$1,686
Jul 2024$1,684
Jun 2024$1,677
May 2024$1,663
Apr 2024$1,649
Mar 2024$1,634
Feb 2024$1,620
Jan 2024$1,612
Dec 2023$1,614
Nov 2023$1,624
Oct 2023$1,634
Sep 2023$1,642
Aug 2023$1,645

Estimated typical rent by size

Studio$1,380
1 bedroom$1,490
2 bedrooms$1,760
3 bedrooms$2,120
4+ bedrooms$2,520

City typical rent × OR bedroom ratios from the Census American Community Survey. Rough guide only.

Check your own increase

ZIP-level trends can differ a lot from the city average.

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By ZIP code

ZIPTypical rent1-year change
97201$1,608+0.5%
97202$1,660−0.9%
97203$1,729+5.8%
97205$1,586−1.0%
97206$2,001+0.9%
97209$1,786+0.4%
97210$1,560−0.3%
97211$2,048+1.1%
97212$2,267+5.0%
97213$1,735+0.3%
97214$1,682+2.2%
97215$1,7260.0%
97216$1,655−1.1%
97217$1,653+0.3%
97218$2,007+3.9%
97219$1,942+1.8%
97220$1,602−2.7%
97221$1,936+4.5%
97227$1,536+1.0%
97229$2,201−0.5%
97230$1,521+0.5%
97232$1,546+2.0%
97233$1,506−2.7%
97236$1,659+3.0%
97239$1,928−1.4%
97266$1,744+0.6%

Negotiating a renewal in Portland

  1. Check your own ZIP, not just the city: in Portland, ZIP-level changes over the past year range from −2.7% to +5.8%.
  2. Start 60–90 days before your lease ends, before you're short on time to look elsewhere.
  3. Lead with wanting to stay, then the numbers: your increase next to the local trend, with the source named.
  4. Name a specific number, and offer something in return, like a longer lease, if you can.
  5. Get any agreement in writing before you sign the renewal.

More on negotiating a renewal →