Rental market snapshot for Overlook, Portland
Overlook rental market summary
The rental market in Overlook, Oregon is showing signs of growth. In July 2023, there were 77 new listings, a 4.4% increase from the previous month. This is a positive sign for the rental market in Overlook, as it indicates that more people are looking to rent in the area. The median rent in July 2023 was $1,621, a 4.6% increase from the same time last year. This suggests that the rental market in Overlook is becoming more competitive, as more people are looking to rent in the area and prices are increasing. Overall, the rental market in Overlook is showing signs of growth and is becoming more competitive.
Median rent for all residential properties in Overlook
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The most expensive listings and top trending buildings in Overlook
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 5611 N Atlantic Ave | $4,100 | 3 / 2.0 |
| 2220 N Alberta St | $3,900 | 4 / 2.5 |
| 2051 N Emerson St | $3,500 | 3 / 2.0 |
| 5735 N Montana Ave | $3,095 | 3 / 2.0 |
| 5705 N Delaware Ave | $2,995 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| The Wolff Company | $1,746 |
| Greystar Real Estate Partners LLC | $1,621 |
| Fairfield Residential | $1,590 |
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Bedroom Breakdown in Overlook
Overlook neighborhood apartments rents
The rental market for studios in Overlook, Oregon is showing signs of growth. In July 2023, there were 4 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,482, a 10.5% increase from the median rent in June 2023 of $1,341. This suggests that the rental market for studios in Overlook is becoming more competitive, with landlords able to increase their asking prices.
The rental market for 1-bedroom apartments in Overlook, Oregon is showing signs of growth. In July 2023, there were 14 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,594, a 1.0% 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 Overlook, Oregon is showing signs of stability. In July 2023, there were 4 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $2,195, a 3.1% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in pricing, and that the market is likely to remain stable in the near future.