Portland market rental trends report

Over the past 3–6 months, Portland’s rental prices have leveled off after modest month-to-month increases and show signs of softening compared to earlier in 2025, with some rental segments even seeing slight declines or stagnation rather than sharp growth. This shift reflects a mix of increased supply entering the market, seasonal cooling in leasing activity, and affordability pressures on renters, even as broader economic conditions and local regulations like Oregon’s rent-cap policies temper how quickly landlords can raise rents. The current median rent for the Portland region is approximately $1,849 per month across all unit types.

Beaverton

Over the past 3–6 months, rental prices in Beaverton have shown modest stabilization or slight softening, with some sources reporting only minimal month-to-month increases and others noting slight downward pressure compared to earlier in the year. This shift reflects factors such as seasonal cooling in demand typical for winter months, increased rental inventory entering the market, and affordability pressures on renters that have tempered landlords’ ability to push rents higher. The current median rent across all apartment types in the Beaverton region is approximately $1,659 per month. 

Hillsboro

Over the past 3–6 months, Hillsboro’s rent prices have been relatively stable to slightly mixed, with some data showing minor month-to-month declines while other sources indicate modest increases — overall suggesting rental growth has leveled off compared with earlier in 2025. This pattern reflects seasonal shifts in leasing demand typical for late fall and winter, coupled with increased inventory and softer renter demand that have reduced upward pressure on rents compared with the more competitive summer months. The current median rent across the Hillsboro region is approximately $1,763 per month.

Apartment listings

Below are some recent listing examples.

Park Avenue West

• Studio | $1,627 | 572 sqft

Raleigh Slabtown

• 1 bed/1 bath | $2,123 | 620

The Parker

• 2 bed/2 bath | $2,348 | 845 sqft

Saltwood

• 3 bed/2 bath | $5,138 | 1,462 sqft

Beaverton and Hillsboro

ARC Central

• Studio | $1,501 | 561 sqft

Platform 14

• 1 bed/1 bath | $1,835 | 697 sqft

Rowlock

• 2 bed/2 bath | $2,602 | 1,162 sqft

Hana

• 3 bed/2 bath | $2,299 | 1,250 sqft

(Data sourced from Apartments.com)