Portland, OR Rent History
138 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$1,721
1-year change
+1.5%
$26/mo
5-year change
+15.0%
$225/mo
10-year change
+32.8%
$425/mo
Monthly rent trend
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Year-by-year rent in Portland
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,186/mo | — | 0.0% |
| 2016 | $1,286/mo | +8.4% | +8.4% |
| 2017 | $1,344/mo | +4.5% | +13.3% |
| 2018 | $1,363/mo | +1.4% | +14.9% |
| 2019 | $1,402/mo | +2.9% | +18.2% |
| 2020 | $1,447/mo | +3.2% | +22.0% |
| 2021 | $1,466/mo | +1.3% | +23.6% |
| 2022 | $1,595/mo | +8.8% | +34.5% |
| 2023 | $1,663/mo | +4.3% | +40.2% |
| 2024 | $1,656/mo | -0.4% | +39.6% |
| 2025 | $1,687/mo | +1.9% | +42.2% |
| 2026 | $1,717/mo | +1.8% | +44.8% |
Frequently asked questions
How much has rent in Portland changed since 2015?
Median rent in Portland, OR was $1,150 in 2015-01 and is $1,721 as of 2026-06 — a change of $571 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 +15.0% ($225 per month). The current median is $1,721.
What has rent in Portland done over the past decade?
Over the past 10 years, median rent in Portland, OR has changed +32.8% ($425 per month). It is now $1,721.
Is rent in Portland going up or down year over year?
Year over year, median rent in Portland, OR has increased +1.5% ($26/mo). Current median: $1,721.