Apartmentlist.com’s latest rent report is out, they are reporting that rents are recovering post COVID across the country, with Portland rebounding slightly at a 0.6% month-over-month increase. The national rate is 0.7% month-over-month increase.
Apartment Rent Rebounding Nationally
Here are some of this month’s specific to Portland, Oregon:
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Rents in Portland increased 0.6% month-over-month, and are down by 7.1% year-over-year.
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For comparison, year-over-year rent growth in Portland was 1.4% at this time last year.
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Median rents in Portland currently stand at $1121 for a 1-bedroom apartment and $1308 for a two-bedroom.
