Rental market snapshot for Sellwood-Moreland, Portland

Sellwood-Moreland rental market summary

The rental market in Sellwood-Moreland, Oregon is showing signs of growth. In July of 2023, there were 67 new listings, a significant increase from the previous month. The median rent for the area also increased from $1,610 in June to $1,643 in July, a 2.0% increase. This is a sign of a healthy rental market, as it indicates that demand is increasing.

The rental market in Sellwood-Moreland, Oregon has seen a significant increase in rent over the past year. In July of 2022, the median rent was $1,802, but by July of 2023, it had increased to $1,643, a 8.8% decrease. This indicates that the rental market in the area is becoming more competitive, as more people are looking to rent in the area. This is good news for landlords, as it means they can charge higher rents and make more money.

Median rent for all residential properties in Sellwood-Moreland

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Sellwood-Moreland

Most Expensive Listings

AddressRent PriceBed / Bath
5750 SE 17th Ave$3,4003 / 2.5
1630 SE Rural St$2,9282 / 2.0
1630 SE Rural St$2,9082 / 2.0
1624-1626 SE Sherrett St$2,8003 / 1.5
927 SE Tenino St$2,4953 / 2.5

Top Trending Buildings

building nameavg rent price
Zillow Rental Network$1,808
Galaxie at Sellwood$1,647

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Sellwood-Moreland

Studio
$1,435
MEDIAN RENT
1 Bedroom
$1,750
MEDIAN RENT
2 Bedroom
$2,335
MEDIAN RENT

Sellwood-Moreland neighborhood apartments rents

The rental market for studios in Sellwood-Moreland, Oregon, is showing signs of growth in July 2023, with three new studio listings. The median rent for studios in July 2023 is $1,435, a decrease of 4.7% from the median rent in June 2023 of $1,505. This suggests that the rental market for studios in Sellwood-Moreland is becoming more competitive, with landlords offering lower rents to attract tenants.

The rental market for 1-bedroom apartments in Sellwood-Moreland, Oregon, is showing signs of improvement. In July 2023, there were 8 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in July 2023 was $1,750, which is a 9.6% decrease from the median rent in June 2023 of $1,934. This indicates that the rental market is becoming more affordable for tenants.

The rental market for 2-bedroom apartments in Sellwood-Moreland, Oregon, is showing signs of improvement. In July 2023, there were 5 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $2,335, which is a 14.5% decrease from the median rent in June 2023 of $2,732. This indicates that the rental market is becoming more affordable for tenants.

Explore other Portland Neighborhoods

Old Town-Chinatown
Maplewood
St.Johns
Lloyd
Overlook
Northwest

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 Sellwood-Moreland is $1,643.
Made withDataherald