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Homes & Apartments for Rent in Portland, OR 97219

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What to Know About

Living in 97219

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 October 2026, Portland's rental market is stable, with rentals spending about 31 days on the market, about the same as in Oregon (32), and rents up 1.1% over the past year. Portland's average rent is 3.9% ($74) higher than the Oregon average of $1,885 and 5.9% ($123) lower than the U.S. average of $2,082.

Average Rent
$1,959
Monthly ChangeMonth Over Month Change
Increased0.42% ($8)
Yearly ChangeYear Over Year Change
Increased1.1% ($21)
Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,663 Increased0.65% ($11) Increased1.7% ($28)
2 Beds $2,056 Increased0.32% ($7) Increased1.5% ($30)
3 Beds $2,600 Decreased0.61% ($16) Decreased3.4% ($91)
Nearby Cities Average Rent Avg. Rent vs. PortlandAverage Rent vs. Portland Days on Market
Lake Oswego $2,601 Increased32.8% ($642) 32 days
Happy Valley $2,257 Increased15.2% ($298) 27 days
Beaverton $1,922 Decreased1.9% ($37) 32 days
Gladstone $1,821 Decreased7.0% ($138) 30 days
Clackamas $2,148 Increased9.6% ($189) 32 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 $1,959 per month.
In Portland, the average rent is $1,663 per month for a 1-bedroom home, $2,056 for a 2-bedroom home and $2,600 for a 3-bedroom home.
The average rent in Portland is 5.9% ($123) lower than the national average of $2,082 per month.
The rental market in Portland, OR is currently stable, with rentals spending about 31 days on the market, about the same as in Oregon (32), and rents up 1.1% over the past year.
Based on the current averages, a household would need an annual income of $82,200 to comfortably afford a 2-bedroom home in Portland.
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