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flag Portland's rent is below average, stabilized by strong tenant protections and new affordable housing, despite high overall cost of living.

flag As of September 2025, Portland’s average rent is $1,529 monthly, 7% below the national average, with minimal change over the past year. flag The city’s 8.8% vacancy rate and strong tenant protections—including rent control and relocation payments—help stabilize housing costs. flag Despite this, the cost of living remains 16.8% above average, and renter income lags behind homeowners. flag 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. flag Rental Education Week is set for October 6–9, providing free resources on tenant rights.

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