The Zumper Portland Metro Report analyzed active listings in July across 14 metro cities to show the most and least expensive cities and cities with the fastest growing rents.
Cities Ranked By Rent
The Most Expensive
–West Linn, OR was the most expensive city to rent in the metro area. The median rent for one-bedroom units increased by 3.5% to $1,470.
–Portland, OR ranked as second with the median rent for one bedroom units at $1,350.
–Lake Oswego, OR was the third most expensive city with one bedroom apartments priced at $1,290.
The Least Expensive
–Forest Grove, OR was the most affordable city to rent in the metro area. Rent for one bedroom units was $940.
–Oregon City, OR had the second most affordable rent at $950.
– Tigard, OR came in third with median rent for one-bedroom units at $1,000.
Growth Rate
The Fastest Growing (Y/Y%)
–Happy Valley, OR had the fastest growing rent, up 15.9% since this time last year.
–Gladstone, OR rents were up by 12.6% compared to this time last year, making it the second fastest growing.
–Forest Grove, OR had the third largest yearly growth rate, up 11.9%.
The Fastest Growing (M/M%)
–Milwaukie, OR had the fastest growing rent since last month, up 4.8%.
–Wilsonville, OR followed behind with a 4.3% monthly growth rate.
–West Linn, OR prices were up by 3.5% compared to last month.
Full Data
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
|---|---|---|---|---|---|---|---|
| 1 | Miami | $1,800 | 0.00% | 0.00% | $2,500 | 2.00% | 0.00% |
| 2 | Miami Beach | $1,670 | -1.80% | -1.80% | $2,620 | 0.80% | -3.00% |
| 3 | Boca Raton | $1,650 | -2.90% | 7.10% | $1,850 | 1.10% | 3.90% |
| 4 | Weston | $1,390 | -2.80% | -0.70% | $1,880 | -1.10% | 1.60% |
| 5 | Miramar | $1,360 | 0.70% | -0.70% | $1,650 | 0.60% | 3.10% |
| 6 | Boynton Beach | $1,350 | 0.00% | 3.80% | $1,600 | 0.00% | 4.60% |
| 6 | Deerfield Beach | $1,350 | -2.20% | 0.70% | $1,730 | -0.60% | 9.50% |
| 7 | Hollywood | $1,310 | -2.20% | -5.10% | $1,570 | -1.90% | -7.60% |
| 8 | Davie | $1,280 | 2.40% | 0.00% | $1,490 | -0.70% | -0.70% |
| 9 | Hialeah | $1,250 | 0.00% | 1.60% | $1,600 | 1.30% | 10.30% |
| 9 | Plantation | $1,250 | 4.20% | 3.30% | $1,500 | 0.00% | 2.70% |
| 10 | Pembroke Pines | $1,230 | -1.60% | 0.00% | $1,550 | -3.10% | -3.10% |
| 10 | Sunrise | $1,230 | -0.80% | -1.60% | $1,580 | 1.90% | 6.00% |
| 11 | Pompano Beach | $1,210 | 0.80% | 1.70% | $1,510 | -1.90% | -5.60% |
| 12 | West Palm Beach | $1,170 | -2.50% | 0.00% | $1,400 | -0.70% | 0.00% |
| 13 | Coral Springs | $1,150 | 0.00% | 0.00% | $1,390 | 3.00% | 6.10% |
| 14 | Lauderhill | $1,010 | -1.00% | -3.80% | $1,250 | 0.00% | -3.10% |
| 15 | Homestead | $950 | 2.20% | 14.50% | $1,250 | 0.00% | 4.20% |
About
The Zumper Portland Metro Report analyzed active that hit the market in July 2017. Listings are aggregated by city to calculate median asking rents.
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