Markets › Portland
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Portland OR
Covers Portland, Vancouver and Hillsboro.
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, with the recent monthly signals easing.
From public data. The situation now, not a forecast.
Renter Google searchabout 4,400 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 4,400 searches in July 2026, for Portland on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Easing lately, asking rents are slipping and job growth has cooled, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
0%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +5.8% · US avg +5.2%
Median rentCENSUS · 2024
$1,767/mo
Typical rent, 2024 yearly count
In the news · PortlandNEWS · DAILY
Latest local coverage, 2 days ago.● softer● neutral● firmer
Readers respond: Affordable housing must be energy efficientPortland approves two new affordable housing projects in Hazelwood and Mt. TaborPortland-area apartment complex trades hands between private investorsView all 8 Portland news →Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs-1.5%
Migration 2025+0.02/1k
SUPPLY
Permits 2025-31.5%
Vacancy 20245.9%
Rent vs buyFREDDIE MAC · WEEKLY
+$2,540/mo
Cheaper to rent than buying
rent $1,767 · own $4,307
$1,767RENT
$4,307OWN
Net migrationCENSUS · 2025
+0.02/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.