Rent in Portland, OR
Across Portland's 58 ZIP codes, a 2-bedroom typically rents for about $1,878 a month, with figures from $1,377–$2,349. The highest typical rent is in 97209 ($2,349) and the lowest in 97233 ($1,377). 32 ZIPs have ZIP-level figures from HUD or Census; the other 26 use the county Fair Market Rent. Owner-occupied homes in Multnomah County pay about 0.96% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,527 | $793–$1,910 | 58 |
| 1 bed | $1,633 | $1,043–$1,726 | 58 |
| 2 beds | $1,878 | $1,377–$2,349 | 58 |
| 3 beds | $2,550 | $1,575–$2,803 | 58 |
| 4 beds | $3,069 | $1,026–$3,500+ | 58 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Portland ZIP codes
2 beds- 97201$1,878–$2,044
- 97202$1,828–$1,878
- 97203$1,680–$1,878
- 97204$1,878
- 97205$1,878–$2,067
- 97206$1,744–$1,878
- 97207$1,878
- 97208$1,878
- 97209$1,878–$2,349
- 97210$1,878–$2,203
- 97211$1,878–$2,030
- 97212$1,878–$1,884
- 97213$1,759–$1,878
- 97214$1,878–$1,963
- 97215$1,663–$1,878
- 97216$1,496–$1,878
- 97217$1,878–$2,057
- 97218$1,878–$2,047
- 97219$1,794–$1,878
- 97220$1,587–$1,878
- 97221$1,671–$1,878
- 97222$1,644–$1,878
- 97223$1,769–$1,878
- 97224$1,712–$1,878
- 97225$1,878–$1,940
- 97227$1,878–$2,202
- 97228$1,878
- 97229$1,878–$1,963
- 97230$1,602–$1,878
- 97231$1,878–$1,943
- 97232$1,878–$1,959
- 97233$1,377–$1,878
- 97236$1,583–$1,878
- 97238$1,878
- 97239$1,878–$2,055
- 97240$1,878
- 97242$1,878
- 97250$1,878
- 97251$1,878
- 97252$1,878
- 97253$1,878
- 97254$1,878
- 97266$1,600–$1,878
- 97267$1,580–$1,878
- 97268$1,878
- 97269$1,878
- 97280$1,878
- 97281$1,878
- 97282$1,878
- 97283$1,878
- 97286$1,878
- 97290$1,878
- 97291$1,878
- 97292$1,878
- 97293$1,878
- 97294$1,878
- 97296$1,878
- 97298$1,878
Frequently asked questions
- What is the average rent for a 2-bedroom in Portland, OR?
- About $1,878 a month: the median of the typical rents in 58 ZIP codes, which range from $1,377–$2,349. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Portland, OR?
- About $1,633 a month: the median of the typical rents in 58 ZIP codes, which range from $1,043–$1,726. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Portland, OR?
- About $2,550 a month: the median of the typical rents in 58 ZIP codes, which range from $1,575–$2,803. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Portland, OR?
- About $1,527 a month: the median of the typical rents in 58 ZIP codes, which range from $793–$1,910. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Portland, OR?
- About $3,069 a month: the median of the typical rents in 58 ZIP codes, which range from $1,026–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
- Which Portland ZIP code has the highest rent?
- For a 2-bedroom, 97209 has the highest typical rent at $2,349 a month, and 97233 the lowest at $1,377.
- What is the property tax rate in Portland, OR?
- Owner-occupied homes in Multnomah County pay a typical 0.96% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Portland rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).