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Portland, OR rent prices by neighborhood: see where they're highest and lowest

Median overall rent across Portland, OR's 6 mapped neighborhoods is $1,907, ranging from $1,480 in Wilkes Community Group to $2,584 in Southeast Portland.

Median apartment rent by neighborhood in Portland, OR Northwest Portland: $2,362/mo · 12 buildings Northwest Portland $2,362 Pleasant Valley: $1,583/mo · 1 buildings Pleasant Valley $1,583 Portland 97217: $1,824/mo · 3 buildings Portland 97217 $1,824 Southeast Portland: $2,584/mo · 1 buildings Southeast Portland $2,584 Southwest Hills: $1,989/mo · 6 buildings Wilkes Community Group: $1,480/mo · 3 buildings Wilkes Community Group $1,480
Median rent Under $1,583 $1,583–$1,824 $1,824–$1,989 $1,989–$2,362 Over $2,362 No listings yet Streets © OpenStreetMap , © CARTO

All neighborhoods, ranked by rent

Click a row to see apartments in that area.

# Neighborhood Median rent Buildings Trend 1-yr change
1 Wilkes Community Group $1,480 3
2 Pleasant Valley $1,583 1
3 Portland 97217 $1,824 3
4 Southwest Hills $1,989 6
5 Northwest Portland $2,362 12
6 Southeast Portland $2,584 1

Median rent trend, last 2 months

All bedroom types, citywide. Window grows each month up to a year.

$2,150
Median rent today
Median rent trend in Portland, OR $2,000$2,350$2,700$3,050 Apr 9Apr 23May 7May 14May 28

Compare Portland, OR to nearby Oregon cities

Median 1-bedroom rent. Click a city to see its market.

How these numbers are calculated

Each neighborhood on this map is a single ZIP code, drawn from U.S. Census Bureau ZCTA boundaries. We label each one with the commonly-used neighborhood name where Google has one (for example "Downtown Austin" instead of "78701"), and the ZIP code itself otherwise. Each building is matched to its ZIP by checking whether its coordinates fall inside the boundary — not by comparing address labels — so a building in Portland, OR only counts toward Portland, OR's median even if its mailing address uses a different name.

Median rents are recomputed every 24 hours. We take each property's current floor-plan prices, group them by bedroom count, and take the median across every unit inside the ZIP. ZIPs with fewer than four current listings are hidden from the map until the data fills in — better to leave a blank than draw a confident color from one floor plan.

For comparison, the U.S. Census Bureau publishes a Oregon median gross rent figure based on survey responses (the 2025 ACS), and Zillow's ZORI index publishes a smoothed monthly observed-rent estimate at the metro level. Both are useful long-run benchmarks but lag the live market by 30–90 days. RentCafe's neighborhood-level averages are similar in spirit to what you see here, but use a different smoothing window.

Want to dig further? Browse every apartment in Portland, OR, see the city-wide price history for the last 2 months, or read about how the data is collected.

Frequently asked questions

What is the cheapest neighborhood in Portland, OR?
Wilkes Community Group is the cheapest neighborhood for apartments in Portland, OR, with a median rent of $1,480 per month based on prices refreshed every 24 hours.
What is the most expensive neighborhood in Portland, OR?
Southeast Portland is the most expensive neighborhood for apartments in Portland, OR at a median of $2,584 per month.
How much is an apartment in Portland, OR?
The median apartment in Portland, OR rents for $1,907 per month across 6 mapped neighborhoods. Prices are refreshed every 24 hours from each property's leasing system.
Where can I find the most affordable apartments in Portland, OR?
The most affordable areas tracked are Wilkes Community Group, Pleasant Valley, Portland 97217. Each has its own filtered listing on the Portland, OR apartments page.

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