CostOfCity

How Much Does Rent Prices Cost in Portland, OR?

Average rent for a 1-bedroom apartment. Updated March 2026 with data from BLS, U.S. Census Bureau, and industry surveys.

Typical Cost Range
$1.300$3.900
+30% vs national average
$1.300$2.600$3.900
LowNational avg: $2.000High

Portland vs State & National Average

CategoryPortlandOregon AvgNational Avg
Average cost$2.600$2.570$2.000
Low estimate$1.300$1.928$1.500
High estimate$3.900$3.341$2.600

Detailed Cost Breakdown

ItemLowHigh
Low estimate$1.000$1.200
Average$1.800$2.200
High estimate$2.400$3.000

Rent Prices in Nearby Cities

Eugene, OR
$2.240
+12% vs national
Olympia, WA
$2.300
+15% vs national
Tacoma, WA
$2.400
+20% vs national
Bend, OR
$2.700
+35% vs national
Seattle, WA
$3.440
+72% vs national

Frequently Asked Questions

How much does rent prices cost in Portland?

In Portland, OR, rent prices typically costs between $1.300 and $3.900. The average is $2.600, which is 30% above the national average.

Is Portland expensive for rent prices?

Portland has a cost-of-living index of 130 (100 = national average). Rent Prices costs are 30% higher than the national average of $2.000.

What factors affect rent prices costs in Portland?

Key factors include local labor costs, cost of materials, market competition, Oregon state regulations, and Portland's overall cost of living (index: 130/100). Prices can also vary by season and specific requirements.