The Oregon rental market
Oregon tracks median rent across 64 cities, ranging from La Grande at $1,145/mo to Sherwood at $2,614/mo. The state average of $1,810/mo runs about 6% below the national median of $1,932/mo.
Across Oregon cities, rents are rising, changing an average of +1.8% over the past year. 16 of 69 tracked cities are priced above the national median, while 53 fall below it. The largest rental markets are Portland, Eugene, Salem.
What the numbers show
Rent fell in 11 of 64 Oregon cities Zillow tracks over the year to September 2026, and rose in the rest.
12 cities are at the highest rent in at least three years of Zillow records. See the list.
Among cities with 15,000+ residents, Sherwood ($2,614/mo) costs 2 times as much as Klamath Falls ($1,303/mo).
Across 18 Oregon cities with five or more years of data, asking rents usually bottom out in January and peak in August, a typical swing of 2.3%.
From 2019 to 2024, rent grew faster than median household income in 7 of 13 Oregon cities with both figures. See where the gap is widest.
From Zillow's monthly rent index (ZORI) for Oregon cities, as of September 2026. Income is the Census median household income (5-year estimates).
Oregon rent questions
What is the average rent in Oregon?
The average median rent across 64 tracked cities in Oregon is $1,810/mo, about 6% below the national median of $1,932/mo.
Which Oregon city has the highest rent?
Sherwood has the highest median rent in Oregon at $2,614/mo.
Which Oregon city has the most affordable rent?
La Grande is the most affordable tracked city in Oregon, with a median rent of $1,145/mo.
Are rents rising or falling in Oregon?
Across Oregon cities, median rents are rising, changing an average of +1.8% over the past year.
How does Oregon rent compare to the rest of the country?
16 of 69 tracked Oregon cities have a median rent above the national median of $1,932/mo, and 53 fall below it.
What are the largest rental markets in Oregon?
By population, the largest rental markets in Oregon are Portland, Eugene, Salem. Each has its own rent data, trends, and ZIP-level breakdowns on RentDataNow.