Rental market snapshot for Pearl District, Portland

Pearl District rental market summary

The rental market in Pearl District, Oregon is showing signs of growth. In July 2023, there were 404 new listings, a 6.7% increase from the previous month. This is the same rate of growth seen from July 2022 to July 2023. The median rent in July 2023 was $2,235, a 6.7% increase from the previous month and the same rate of growth seen from July 2022 to July 2023.

Overall, the rental market in Pearl District, Oregon is showing signs of growth, with the number of new listings and median rent both increasing steadily over the past year. This is a positive sign for the local rental market, and suggests that the area is becoming increasingly attractive to renters.

Median rent for all residential properties in Pearl District

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The most expensive listings and top trending buildings in Pearl District

Most Expensive Listings

AddressRent PriceBed / Bath
1250 NW Kearney St$8,8003 / 3.0
1314 NW Irving St$5,6003 / 2.0
1550 NW Naito Pkwy$4,9992 / 2.0
1550 NW Naito Pkwy$4,7992 / 2.0
1150 NW Quimby St$4,6002 / 2.5

Top Trending Buildings

building nameavg rent price
Bridge Property Management$2,807
Zillow Rental Network$2,551
Magnolia Capital Management Company Inc.$2,255
Holland Partner Group$2,087
Greystar Real Estate Partners LLC$2,086

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Bedroom Breakdown in Pearl District

Studio
$1,485
MEDIAN RENT
1 Bedroom
$1,952
MEDIAN RENT
2 Bedroom
$3,180
MEDIAN RENT

Pearl District neighborhood apartments rents

The rental market for studios in Pearl District, Oregon is showing a slight increase in July 2023. There are 22 new studio listings, and the median rent has increased by .8% from June 2023 to July 2023, from $1,473 to $1,485. This indicates that the rental market is slowly improving, and that there is an increasing demand for studio apartments in the area.

The rental market for 1-bedroom apartments in Pearl District, Oregon is showing signs of growth. In July 2023, there were 92 new 1-bedroom listings, a 2.0% increase in median rent from June 2023 to July 2023, and a median rent of $1,952. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.

The rental market for 2-bedroom apartments in Pearl District, Oregon is showing signs of growth. In July 2023, there were 55 new 2-bedroom listings, a 8.4% increase in median rent from June 2023 to July 2023, and a median rent of $3,180. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Pearl District is $2,235.
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