Apartments in Far Southwest Portland

61 - 82 of 82 Results
19
$1,634 - 1,815
4628 Oakridge Rd Lake Oswego, OR
2 BR | Available Now
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In Unit Laundry
Balcony/Deck/Patio
8
$1,595
14500 Sw Hall Blvd Portland, OR
2 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
15
$1,661 - 1,695
9685 Sw Johnson St Tigard, OR
2 BR | Available Now
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3
$2,595 - 2,695
Lake Oswego, OR
2 BR | Available Now
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Storage
$2,595
15948 Quarry Rd Lake Oswego, OR
2 BR | Available Now
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$2,650
15948 Quarry Rd Lake Oswego, OR
2 BR | Available Now
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4
$65
Portland, OR
Studio | Available Now
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31
$1,595
3200-3236 SW Marigold St Portland, OR
2 BR | Available Now
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Disability Access
Markham
21
$1,715 - 2,865
3855 SW Lake Grv Lake Oswego, OR
1 - 3 BR | Available Now
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Balcony/Deck/Patio
14
$1,255 - 1,440
7600 Sw Oleson Portland, OR
1 - 3 BR | Available Now
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16
$1,995
3930 Lake Grv Lake Oswego, OR
2 BR | Jun. 14, 2024
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Lake Grove
26
$3,245
3569 SW Sunwood Ct Lake Oswego, OR
3 BR | Available Now
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Surface Parking
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6
$ Ask - 1,275
8833 Southwest 30th Avenue Portland, OR
1 BR | Available Now
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Markham
23
$1,552 - 1,786
7700 Sw Garden Home Road Portland, OR
3 BR | Available Now
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Air Conditioning
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3
$1,295
Portland, OR
1 BR | Available Now
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Disability Access
Markham
$1,495
2529 SW Spring Gdn Portland, OR
1 BR | Ask for Availability
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Balcony/Deck/Patio
Dishwasher
Markham
15
$1,895
2537 SW Spring Gdn Portland, OR
2 BR | Available Now
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Dishwasher
Markham
25
$3,095
8730 SW Bellflower St Tigard, OR
4 BR | Available Now
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Dishwasher
23
$1,750 - 1,765
2222 Sw Spring Garden Street Portland, OR
2 BR | Available Now
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Air Conditioning
Fitness Center
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1
$1,260
8040 SW 19th Ave Portland, OR
2 BR | Available Now
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16
$1,100
Portland, OR
1 BR | Available Now
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4
$1,100
1725 SW Multnomah Blvd Portland, OR
1 BR | Available Now
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61 - 82 of 82 Results
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Portland:
May Rent Report

Welcome to the May 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Portland rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Portland 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 Portland average rent prices in the chart below.

Monthly Rent Report

$2,250
$1,690
$1,130
$560
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Portland Rent Prices Increase From April to May

Portland rent prices increased over the last month. From April to May, the city experienced a 0.27% increase for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,500.0.

When we take a look at the two-bedroom comparison from April to May, Portland experienced a 0.63% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $1,908.0.

May Prices: Portland vs. Surrounding Areas

Hillsboro, OR
Lake Oswego, OR
Happy Valley, OR
Beaverton, OR
Vancouver, WA
Portland, OR
Gresham, OR
$1,785
$1,682
$1,671
$1,637
$1,547
$1,500
$1,360
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have increased in Portland over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Portland suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Vancouver, WA, Beaverton, OR, Hillsboro, OR, Happy Valley, OR .

  • Rent decreased in Gresham, OR, Lake Oswego, OR.

  • 5 suburbs are currently priced higher than the city of Portland.

  • 1 suburb is currently priced lower than the city of Portland.

May 2024 Pricing Trends: Portland vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Portland, OR
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,500
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Portland Rent Prices More Affordable Than Major Cities

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

The price for a Portland 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 Portland and surrounding area rent prices, take a look at the complete data set below.

Data set for Portland and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Portland, OR $1,500.0 0.00% $1,912.0 0.21%
Vancouver, WA $1,547.0 0.72% $1,793.0 1.13%
Beaverton, OR $1,637.0 0.25% $1,871.0 0.05%
Hillsboro, OR $1,785.0 0.56% $2,022.0 0.30%
Gresham, OR $1,360.0 -3.13% $1,638.0 -0.37%
Lake Oswego, OR $1,682.0 -0.30% $1,975.0 -0.75%
Happy Valley, OR $1,671.0 6.77% $2,343.0 10.05%

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.