The Zumper Portland Metro Report analyzed active listings in March across 12 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Oregon state median rent last month was $1,040.
Cities Ranked By Rent
The Most Expensive
–Portland, OR rent, though growing $40 to $1,370, remained the priciest in the metro.
–Tualatin, OR moved up two spots to rank as second with one bedrooms priced at $1,260.
–Gladstone, OR dropped to third with rent at $1,230.
The Least Expensive
–Oregon City, Gresham & Tigard, OR all tied for the most affordable city in the metro with rents at an even $1,000.
–Milwaukie, OR dropped two spots to become the second least expensive city with rent at $1,060.
–Beaverton, OR followed closely as third with rent at $1,100.
Growth Rate
The Fastest Growing (Y/Y%)
–Oregon City, OR had the largest year over year rental growth rate, up 9.9%.
The Fastest Growing (M/M%)
–Oregon City, OR also had the fastest growing rent last month, climbing 5.3%.
–Hillsboro, OR followed closely behind as second with rent growing 5.2%.
–Tualatin, OR rent jumped 5% last month, making it third.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Scottsdale | $1,240 | -3.90% | -0.80% | $1,910 | -5.00% | -8.20% |
| 2 | Gilbert | $1,050 | -1.90% | 5.00% | $1,360 | 2.30% | 5.40% |
| 3 | Chandler | $1,040 | -1.00% | 10.60% | $1,270 | 1.60% | 9.50% |
| 4 | Tempe | $1,000 | 2.00% | 7.50% | $1,190 | 5.30% | 8.20% |
| 5 | Peoria | $990 | -4.80% | 11.20% | $1,270 | 0.80% | 3.30% |
| 6 | Surprise | $970 | 1.00% | 4.30% | $1,840 | 5.10% | 12.90% |
| 7 | Phoenix | $950 | 0.00% | 6.70% | $1,170 | 2.60% | 6.40% |
| 8 | Goodyear | $940 | -1.10% | 5.60% | $1,230 | 0.80% | -15.80% |
| 9 | Avondale | $900 | 0.00% | 4.70% | $1,100 | 4.80% | 4.80% |
| 9 | Mesa | $900 | 2.30% | 15.40% | $1,060 | 5.00% | 11.60% |
| 11 | Glendale | $770 | 2.70% | 5.50% | $940 | 4.40% | 4.40% |
About
The Zumper Portland Metro Report analyzed active that hit the market in March 2018. Listings are aggregated by city to calculate median asking rents.
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