Portland, OR Rent History
141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,719
1-year change
+1.7%
$28/mo
5-year change
+12.6%
$192/mo
10-year change
+33.0%
$427/mo
Monthly rent trend
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Year-by-year rent in Portland
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,180/mo | — | 0.0% |
| 2016 | $1,279/mo | +8.4% | +8.4% |
| 2017 | $1,337/mo | +4.5% | +13.3% |
| 2018 | $1,356/mo | +1.4% | +14.9% |
| 2019 | $1,395/mo | +2.9% | +18.2% |
| 2020 | $1,439/mo | +3.2% | +21.9% |
| 2021 | $1,459/mo | +1.4% | +23.6% |
| 2022 | $1,586/mo | +8.7% | +34.4% |
| 2023 | $1,652/mo | +4.2% | +40.0% |
| 2024 | $1,644/mo | -0.5% | +39.3% |
| 2025 | $1,678/mo | +2.1% | +42.2% |
| 2026 | $1,703/mo | +1.5% | +44.3% |
Frequently asked questions
How much has rent in Portland changed since 2015?
Median rent in Portland, OR was $1,145 in 2015-01 and is $1,719 as of 2026-09 — a change of $574 per month over 11 years.
How much has Portland rent increased in the last 5 years?
Over the past 5 years, median rent in Portland, OR has changed +12.6% ($192 per month). The current median is $1,719.
What has rent in Portland done over the past decade?
Over the past 10 years, median rent in Portland, OR has changed +33.0% ($427 per month). It is now $1,719.
Is rent in Portland going up or down year over year?
Year over year, median rent in Portland, OR has increased +1.7% ($28/mo). Current median: $1,719.