Rental market snapshot for Old Town-Chinatown, Portland
Old Town-Chinatown rental market summary
The rental market in Old Town-Chinatown, Oregon is showing signs of growth. In July 2023, there were 26 new listings, which is an increase from the previous month. The median rent also increased from $1,410 in June 2023 to $1,580 in July 2023, representing a 12.1% increase. This is a positive sign for the rental market in Old Town-Chinatown, as it indicates that demand is increasing and that more people are looking to rent in the area.
The median rent in Old Town-Chinatown has also increased from $1,595 in July 2022 to $1,580 in July 2023, representing a .9% increase. This is a slight increase, but it shows that the rental market in Old Town-Chinatown is stable and that prices are not fluctuating too drastically. Overall, the rental market in Old Town-Chinatown is looking positive and is showing signs of growth.
Median rent for all residential properties in Old Town-Chinatown
Get the latest rental data first
The most expensive listings and top trending buildings in Old Town-Chinatown
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
910 NW Naito Pkwy | $1,950 | 2 / 1.0 |
230 SW Ash St | $1,715 | 1 / 1.0 |
230 SW Ash St | $1,709 | 1 / 1.0 |
230 SW Ash St | $1,668 | 1 / 1.0 |
230 SW Ash St | $1,595 | 0 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow Rental Network | $1,650 |
Get the latest rental data first
Bedroom Breakdown in Old Town-Chinatown
Old Town-Chinatown neighborhood apartments rents
The rental market for studios in Old Town-Chinatown, Oregon is showing signs of growth. In July 2023, there were 10 new studio listings, which is a significant increase from the previous month. The median rent for studios in July 2023 was $1,534, which is an 18.4% increase from the median rent in June 2023. This indicates that the rental market for studios in Old Town-Chinatown is becoming more competitive, and renters should expect to pay more for their desired studio space.
The rental market for 1-bedroom apartments in Old Town-Chinatown, Oregon is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,688, a 9.8% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Old Town-Chinatown, Oregon appears to be stable, with only two new listings in May 2023 and a median rent of $2,362. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in Old Town-Chinatown appears to be steady.