Wednesday, July 14, 2021

News: Portland, Ore. Rents Continue 5-Month Climb; Oregon Rents up 7.3% Overall

Apartment List is reporting that Portland rents have increased 1.7% over last month, and are currently up 2.5% year-over-year. Median rents stand at $1,197 for a one-bedroom unit and $1,396 for a two-bedroom.

While Oregon year-over-year rents are up 7.3% overall, The company reports the following rent growth specifics:

  • Hillsboro - up 4.4% from May to June and 16.9% year-over-year
  • Beaverton up 2.4% from May to June and 11% year-over-year
  • Bend year-over-year rents up 31.5%
  • Eugene rents up 1.6% from May to June and 8.5% year-over-year
  • Vancouver, Washington up 2% from May to June and 15.4% year-over-year

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