Homes for Rent in Multnomah County, OR

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Viewing 1,261-1,280 of 1,289 rentals in Multnomah County
What to Know About

Life in Multnomah County & Beyond

Multnomah County shares many of the great qualities that make Oregon a desirable place to live.

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Multnomah County, OR

As of August 2025, Multnomah County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Multnomah County's average rent is 11.9% ($198) lower than the Oregon average of $1,659 and 18.4% ($329) lower than the U.S. average of $1,790.

Average Rent
$1,461
Monthly ChangeMonth Over Month Change
Increased1.7% ($24)
Yearly ChangeYear Over Year Change
Decreased3.5% ($53)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,323 Increased0.8% ($10) Decreased2.8% ($38)
2 Beds $1,680 Increased0.1% ($1) Increased5.3% ($85)
3 Beds $2,316 Increased0.1% ($2) Decreased1.4% ($33)
Cities within Multnomah County Average Rent Avg. Rent vs. MultnomahAverage Rent vs. Multnomah County Avg. Days on MarketAverage Days on Market
Portland $1,464 Increased0.2% ($3) 33 days
Gresham $1,542 Increased5.5% ($81) 28 days
Fairview $1,729 Increased18.3% ($268) 36 days
Troutdale $1,974 Increased35.1% ($513) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Multnomah County Rental Market FAQs

Explore rental prices, market trends, and availability in Multnomah County, OR.

The average rent in Multnomah County, OR is $1,461 per month.
Homes in Multnomah County typically rent for between $926 and $3,011 per month, with an average of $1,461 per month.
In Multnomah County, the average rent for a 1-bedroom home is $1,323 per month, for a 2-bedroom home, $1,680 per month, and a 3-bedroom home is $2,316 per month.
The average rent in Multnomah County is 18.4% ($329) lower than the national average of $1,790 per month.
The average rent in Multnomah County has increased by 1.7% ($24) in the last month and decreased by 3.5% ($53) over the past year.
The rental market in Multnomah County, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Multnomah County, OR, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1,289 rental property available in Multnomah County, OR.
Based on the current averages, a household would need an annual income of $67,200 to comfortably afford a 2-bedroom home in Multnomah County.
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