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Homes & Apartments for Rent in Portland, OR 97212

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Viewing 21-40 of 41 rentals in 97212
What to Know About

Living in 97212

Portland is a city with many cultural and recreational activities. Nestled in the Pacific Northwest, this city has a deep-rooted history, a rich cultural scene, outdoor recreation, and a sustainable lifestyle. With its bustling food scene, from food carts to artisanal coffee shops, Portland is a food lover's paradise. In addition, the city has many historical landmarks and museums, such as the Oregon Historical Society, Pittock Mansion, and Portland Art Museum.

The city is surrounded by natural beauty, with access to scenic trail parks like Forest Park, Washington Park, and the Columbia River Gorge, making it a haven for outdoor enthusiasts. Portland also has a thriving theater and art scene, with the Portland Center Stage, the Oregon Ballet Theatre, and the Portland Opera. For sports lovers, the city is home to the Portland Trail Blazers (NBA) and the Portland Timbers (MLS). In addition, it has a thriving college sports scene, with the nearby University of Oregon and Oregon State University. It also has exciting events, like the Portland Rose Festival and the Oregon Brewer's Festival.

With its dynamic atmosphere and superior living standards, Portland is an excellent destination for those looking for a unique cultural experience and a active lifestyle.

Rental Market Trends

Portland, OR

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As of November 2026, Portland's rental market is stable, with rentals spending about 27 days on the market, about the same as in Oregon (28), and rents up 1.8% over the past year. Portland's average rent is 0.7% ($12) lower than the Oregon average of $1,843 and 10.1% ($205) lower than the U.S. average of $2,036.

Average Rent
$1,831
Monthly ChangeMonth Over Month Change
Increased0.51% ($9)
Yearly ChangeYear Over Year Change
Increased1.8% ($31)
Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,484 Increased0.78% ($11) Increased2.4% ($35)
2 Beds $1,924 Increased0.38% ($7) Increased2.3% ($44)
3 Beds $2,634 Decreased0.50% ($13) Decreased3.0% ($82)
Nearby Cities Average Rent Avg. Rent vs. PortlandAverage Rent vs. Portland Days on Market
Lake Oswego $2,696 Increased47.2% ($865) 25 days
Happy Valley $2,151 Increased17.5% ($320) 26 days
Beaverton $2,024 Increased10.5% ($193) 27 days
Gladstone $1,820 Decreased0.6% ($11) 27 days
Clackamas $2,007 Increased9.6% ($176) 27 days
Based on rentals advertised on RentalSource in and around Portland.
Frequently Asked Questions
Portland Rental Market FAQs

Explore rental prices, market conditions, and affordability in Portland, OR.

The average rent in Portland, OR is $1,831 per month.
In Portland, the average rent is $1,484 per month for a 1-bedroom home, $1,924 for a 2-bedroom home and $2,634 for a 3-bedroom home.
The average rent in Portland is 10.1% ($205) lower than the national average of $2,036 per month.
The rental market in Portland, OR is currently stable, with rentals spending about 27 days on the market, about the same as in Oregon (28), and rents up 1.8% over the past year.
Based on the current averages, a household would need an annual income of $77,000 to comfortably afford a 2-bedroom home in Portland.
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