Over the past year, Portland has seen mixed rental price trends, with a 2% decrease driven by seasonal demand shifts, economic factors like employment rates and urban development, and reduced tenant mobility. These dynamics have slowed market activity. As of January 2025, the median rent in Portland is $1,549 per month, 18% lower than the national average.

Beaverton

Over the past three to six months, Beaverton, Oregon, has seen mixed rental price trends, influenced by seasonal patterns like lower fall and winter demand and a growing preference for smaller units. As of January 2025, the median rent in Beaverton is $1,823 per month, reflecting a 1% annual increase and sitting 3% below the national average.

Hillsboro

Hillsboro has experienced varied rental price changes in recent months, driven by seasonal trends like lower winter demand, shifting renter preferences favoring smaller units, and economic factors such as local employment patterns in the tech industry. While studio, one-bedroom, and two-bedroom apartments have seen price increases, three-bedroom units have slightly decreased. As of January 2025, the median rent in Hillsboro is $2,095 per month, reflecting a 2% annual increase and standing 11% above the national average.

‍

Recent Apartment Listings

Below are some recent listing examples from downtown Portland.

Portland

Park Avenue West

• Studio/1 bath
• Sq Ft: 572
• Rent: $1,487

Raleigh Slabtown

• 1 bedroom/1 bath
• Sq Ft: 651
• Rent: $1,999

Amara

• 2 bedroom/2 bath
• Sq Ft: 1,175
• Rent: $2,555

Saltwood

• 3 bedroom/2 bath
• Sq Ft: 1,367
• Rent: $4,453

Beaverton and Hillsboro

ARC Central

• Studio/1 bath
• Sq Ft: 498
• Rent: $1,556

Platform 14

• 1 bed/1 bath
• Sq Ft: 697
• Rent: $1,870

Rowlock

• 2 bed/2 bath
• Sq Ft: 1,006
• Rent: $2,158

Hana

• 3 bed/2 bath
• Sq Ft: 1,250
• Rent: $2,914

(Data sourced from Apartments.com)

‍