Apartments in Port Townsend

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6
$2,200
Port Townsend, WA
2 BR | Apr. 10, 2026
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Storage
Dishwasher
1
$2,100
170 Alder Dr Port Townsend, WA
2 BR | Available Now
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Dog Friendly
House
1
$3,200
1624 Lorraine Way Port Townsend, WA
3 BR | Apr. 15, 2026
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Dog Friendly
House
Dishwasher
30
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1051 Hancock Street Port Townsend, WA
1 BR | Ask for Availability
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Dog Friendly
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Senior Community
Income Restricted
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Port Townsend:
March Rent Report

Welcome to the March 2026 Port Townsend Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 key findings and figures for the Port Townsend rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Port Townsend and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Port Townsend average rent prices in the chart below.

Monthly Rent Report

$2,300
$1,730
$1,150
$580
$0
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
1 BR       2 BR

Port Townsend Rent Prices Decrease From February to March

Port Townsend rent prices decreased over the last month. From February to March, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Port Townsend one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from February to March, Port Townsend experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Port Townsend two-bedroom apartments currently stands at $.

March Prices: Port Townsend vs. Surrounding Areas

Rent Prices in Port Townsend and Surrounding Areas

Rent prices have decreased in Port Townsend over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Port Townsend suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Port Townsend suburbs

  • Rents did not decrease in any of the Port Townsend suburbs.

March 2026 Pricing Trends: Port Townsend vs. National Comparisons

Port Townsend Rent Prices More Affordable Than Major Cities

Rent growth in Port Townsend over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Port Townsend average rent prices appear to be relatively affordable for local residents.

The price for a Port Townsend one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Port Townsend and surrounding area rent prices, take a look at the complete data set below.

Data set for Port Townsend and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.