Coming ahead of Baltimore, New Orleans, and Nashville, Portland ranked as the 22nd most expensive city to rent in the nation with one and two bedroom prices at $1,400 and $1,660, respectively. Notably, on a year over year basis, one bedroom rent is down 6%.
(Note: this map is interactive so use the zoom feature and hover over the legend for more info)
This fall, Pearl ($1,890) and Arlington Heights ($1,850) were the most expensive neighborhoods to rent. All tied for third at $1,550, Downtown, Hillside, and South Portland or Corbet Terwilliger Lair Hill were the next priciest areas. More affordable rentals priced under $1,200 could be found in Foster-Powell, Irvington, and Sullivan’s Gulch.
Meanwhile, the most affordable neighborhoods included Powellhurst-Gilbert, West Portland Park, and Argay.
To see how Portland rents compare with the rest of the nation’s, check out our National Rent Report for October.
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For a more in-depth look into how and why we calculate our rental data, check out our methodology post here.
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