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Portland's rent is below average, stabilized by strong tenant protections and new affordable housing, despite high overall cost of living.
As of September 2025, Portland’s average rent is $1,529 monthly, 7% below the national average, with minimal change over the past year.
The city’s 8.8% vacancy rate and strong tenant protections—including rent control and relocation payments—help stabilize housing costs.
Despite this, the cost of living remains 16.8% above average, and renter income lags behind homeowners.
New affordable housing developments, funded by a 2018 bond, are opening across Portland, offering below-market rents and supportive services, though demand far exceeds supply.
Rental Education Week is set for October 6–9, providing free resources on tenant rights.
El alquiler de Portland está por debajo del promedio, estabilizado por fuertes protecciones de inquilinos y nuevas viviendas asequibles, a pesar del alto costo de vida general.