Rent Trends for Apartments in Portland

May 2026

Bedroom count	Portland	vs Last Month
Studio	$1,175	down 1.67%
1 Bedroom	$1,395	down 0.29%
2 Bedroom	$1,699	up 0.24%
3 Bedroom	$2,500	up 0.20%
4 Bedroom	$3,495	up 4.48%

Median rent as of May 3, 2026

This May, we've analyzed our 2,215 listings in Portland to determine the rent trend. We're updating our tables in real time to give you the most up to date Portland median apartment rent prices by bedroom count.

The median rent for a studio apartment remained the same at $1,175, while the median rent for a 1 bedroom apartment decreased by 0.21% to $1,395.

Cities Near Portland

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Top Neighborhoods in Portland

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Apartment Types in Portland

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Find Your Dream Apartment for Rent in Portland

PadMapper has 2,215 condos, houses, and apartments for rent in Portland. Specifically, 441 studio apartments, 804 one-bedroom apartments, 680 two-bedroom apartments, 221 three-bedroom apartments are currently available for rent.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

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