Rental market snapshot for Portland, Oregon
Portland, Oregon Rental Property Market Overview
Portland, Oregon is a vibrant city with a population of 641,162 as of 2021, according to the US Census. It is known for its diverse culture, outdoor activities, and unique neighborhoods. The city is home to a variety of restaurants, shops, and entertainment venues, as well as a thriving arts and music scene. Portland is also known for its progressive values and commitment to sustainability. With its beautiful natural surroundings, Portland is a great place to live, work, and play.
The average rent for an apartment in Portland is $1,972. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
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Average monthly rent graph in Portland Oregon | Cost of Living
- The most expensive ZIP code in Portland is 97205 with an average price of $2,332.
- The cheapest ZIP code in Portland is 97204 with an average price of $1,479.
Portland ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 97205 | $2,332 |
| 2 | 97239 | $2,147 |
| 3 | 97229 | $2,061 |
| 4 | 97209 | $2,044 |
| 5 | 97212 | $1,899 |
| 6 | 97202 | $1,884 |
| 7 | 97221 | $1,883 |
| 8 | 97223 | $1,829 |
| 9 | 97210 | $1,817 |
| 10 | 97225 | $1,799 |
Live near Portland, Oregon's Top Sights and Attractions
Crystal Springs Rhododendron Garden is a stunning botanical garden located in the Pacific Northwest. It is home to over 2,500 varieties of rhododendrons, azaleas, and other native plants, as well as a variety of birds, butterflies, and other wildlife. The garden is situated on a hillside, offering breathtaking views of the surrounding landscape. Visitors can explore winding paths, ponds, and a variety of gardens, including a Japanese garden, a rose garden, and a rock garden. The garden is open year-round, and visitors can enjoy a variety of events and activities, such as guided tours, educational programs, and art shows.
The North Park Blocks are a series of green spaces located in the heart of the city. The blocks are lined with trees and benches, providing a peaceful oasis in the bustling city. The blocks are home to a variety of events throughout the year, including farmers markets, art fairs, and live music performances. The blocks are also a popular spot for locals to relax and enjoy the outdoors.
Powell Butte Nature Park is a sprawling 645-acre park located in the foothills of the Cascade Mountains. It features a variety of trails for hiking, biking, and horseback riding, as well as a variety of wildlife. Visitors can explore the park's meadows, forests, and wetlands, as well as its many ponds and streams. The park also offers stunning views of the surrounding mountains and valleys. There are also picnic areas, restrooms, and interpretive signs throughout the park.
Alberta Park is a popular outdoor recreation area located in Portland, Oregon. It features a large grassy field, a playground, a basketball court, a picnic area, and a walking path. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals. The park is a great place to spend a day outdoors, whether it's playing sports, having a picnic, or just taking a leisurely stroll.
Rose City Park is a lush, green oasis located in the heart of a bustling urban area. It features a large lake, walking trails, and plenty of open space for picnics and outdoor activities. The park is home to a variety of wildlife, including ducks, geese, and other birds. It also has a playground, tennis courts, and a disc golf course. The park is a popular destination for locals and visitors alike, offering a peaceful escape from the hustle and bustle of the city.
Jamison Square is a popular urban park located in the heart of the city. It features a large fountain, lush green lawns, and a variety of trees and plants. Visitors can enjoy a variety of activities such as picnicking, playing in the fountain, or simply relaxing in the sun. The park also features a large public art installation, as well as a variety of benches and tables for visitors to enjoy.
Mt Scott Park is a scenic outdoor destination located in the foothills of the Cascade Mountains. It features a variety of trails for hiking, biking, and horseback riding, as well as a lake for fishing and swimming. The park also has a picnic area, playground, and a large open field perfect for playing sports or flying kites. With its stunning views of the surrounding mountains and lush forests, Mt Scott Park is a great place to explore and enjoy nature.
Wilkes Park is a large public park located in the heart of Portland. It features a variety of outdoor activities, including a large playground, basketball courts, a picnic area, and a large open field. The park also has a walking path that winds through the trees, providing a peaceful and scenic experience. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals.
Foster Floodplain Natural Area is a beautiful outdoor area located in Portland, Oregon. It is a great place to explore nature, with a variety of trails and boardwalks that take visitors through wetlands, meadows, and forests. The area is home to a variety of wildlife, including birds, amphibians, and mammals. Visitors can also enjoy the scenic views of the Willamette River, as well as the nearby wetlands and forests.
Parklane Park is a lush green oasis in the heart of the city. It features a large pond with a fountain, a playground, and plenty of walking paths. The park is surrounded by tall trees and is a great place to relax and enjoy the outdoors. There are plenty of benches and picnic tables for visitors to enjoy a meal or just take in the scenery. The park also has a basketball court, a skate park, and a dog park. Parklane Park is a great place to spend an afternoon with friends and family.
Portland, Oregon area median rent change by ZIP code map
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How does Portland compare to other cities in Oregon?
| city | median price |
|---|---|
| McMinnville | $2,160 |
| Hillsboro | $1,872 |
| Forest Grove | $1,700 |
| Eugene | $1,695 |
| Gresham | $1,595 |
| Lebanon | $1,500 |
Average household income in Portland area graph - US Census
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The median household income in Portland in 2021 was $78,476. This represents a 53.2% change from 2011 when the median was $51,238.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 6.3% |
| 1 | $10,000 to $14,999 | 3.8% |
| 2 | $15,000 to $19,999 | 3.3% |
| 3 | $20,000 to $24,999 | 3.5% |
| 4 | $25,000 to $29,999 | 3.7% |
| 5 | $30,000 to $34,999 | 3.7% |
| 6 | $35,000 to $39,999 | 3.3% |
| 7 | $40,000 to $44,999 | 3.6% |
| 8 | $45,000 to $49,999 | 3.5% |
| 9 | $50,000 to $59,999 | 6.9% |
| 10 | $60,000 to $74,999 | 9.5% |
| 11 | $75,000 to $99,999 | 12.6% |
| 12 | $100,000 to $124,999 | 9.8% |
| 13 | $125,000 to $149,999 | 7.1% |
| 14 | $150,000 to $199,999 | 8.6% |
| 15 | $200,000 or more | 10.9% |
