Oregon Sees Some Rent Growth in March, but Impacts of COVID Not Yet Reflected in the Data

RentCafé published its March rent report for Oregon. Many parts of the state are continuing to see modest year over year rent growth, but rents in the coming months are likely to see more of an impact from the COVID-19 pandemic. Year over year, Oregon City saw the strongest rent growth at 7.4%, followed by Bend (6.5%), Albany (6.2%), and Milwaukie (5.8%). In Portland, rents grew 3.2% year over year. Lake Oswego, still the most expensive city in the state for renters, saw the smallest year over year increase at 0.9%. Read more.