Thursday, March 30, 2017

Zumper Report Shows Rents Flattening in Portland

According to Zumper's April 2017 National Rent Report, Portland dropped to #19 from #17 on the list of most expensive cities for renters in the US. Rents for a one-bedroom apartment in Portland have decreased 1.5% in the past month, and year-over-year have only increased by 0.8%. On average, two bedroom units cost 0.6% less than they did a year ago. The two cities where rents increased enough to overtake Portland were Philadelphia and Minneapolis. Read more.