Studio Rent · July 2026

Studio Apartment Rent in Portland, OR

$1,663/mo

Median asking rent for a studio apartment in Portland, Oregon as of July 2026. That's +3% lower than the citywide median of $1,721 and +29% above the national studio median of $1,290.

Studio median
$1,663
July 2026
vs city overall
-3%
$1,721 city median
vs national
+29%
$1,290 US median
Oregon rank
#52
of 62 cities

Income needed for a studio in Portland

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$66,520
Monthly gross
$5,543
Hourly (full-time)
$31.98

Rent by apartment size in Portland

Compare Portland's median rent across every apartment size.

Studio (current)
$1,663
1-Bedroom
$1,785
2-Bedroom
$2,039
3-Bedroom
$2,802
4+ Bedroom
$3,280

Cheapest cities for a studio in Oregon

#CityStudio rent
1La Grande$750
2Klamath Falls$770
3Pendleton$770
4Coos Bay$810
5Hermiston$820
6Prineville$860
7Sutherlin$860
8Seaside$865
9Roseburg$870
10Sweet Home$930
11Cottage Grove$940
12Grants Pass$950
13Medford$980
14Newport$990
15Stayton$990

Most expensive cities for a studio in Oregon

#CityStudio rent
1Sherwood$2,050
2Lake Oswego$2,000
3West Linn$1,940
4Hillsboro$1,765
5Wilsonville$1,750
6Beaverton$1,712
7Clackamas$1,710
8Tualatin$1,700
9West Slope$1,680
10Gladstone$1,680
11Portland (this page)$1,663
12Scappoose$1,650
13Oregon City$1,640
14Happy Valley$1,610
15Tigard$1,605

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Portland.

CityDistanceStudio rentvs Portland
Milwaukie, OR5.9 mi$1,530$-133 (-8%)
Lake Oswego, OR8.9 mi$2,000+$337 (+20%)
West Slope, OR9.1 mi$1,680+$17 (+1%)
Happy Valley, OR9.4 mi$1,610$-53 (-3%)
Gladstone, OR10 mi$1,680+$17 (+1%)
Vancouver, WA10.1 mi$1,625$-38 (-2%)
Clackamas, OR10.4 mi$1,710+$47 (+3%)
West Linn, OR11.9 mi$1,940+$277 (+17%)
Tigard, OR12.2 mi$1,605$-58 (-3%)
Tualatin, OR13.6 mi$1,700+$37 (+2%)
Fairview, OR13.7 mi$1,530$-133 (-8%)
Beaverton, OR15 mi$1,712+$49 (+3%)

Studio rent in Portland — common questions

How much is a studio apartment in Portland?

As of July 2026, the median studio apartment rent in Portland, Oregon is $1,663 per month. This is +3% below the citywide median of $1,721.

What income do you need to afford a studio in Portland?

Using the standard 30% rent-to-income rule, you would need an annual income of about $66,520 ($5,543/month gross), which works out to roughly $31.98/hour at a full-time job.

Is Portland expensive for a studio compared to the rest of the US?

Portland's studio median of $1,663 is +29% above the national studio median of $1,290. It ranks in the 75th percentile of US cities tracked.

How does Portland rank for studio rent in Oregon?

Among the 62 cities in Oregon with studio data, Portland ranks #52 from cheapest to most expensive.

Are there cheaper studio options near Portland?

Yes — nearby cities with cheaper studio rents include Milwaukie ($1,530), Happy Valley ($1,610), Vancouver ($1,625).

All rent data
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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Portland, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.