Average Rent in Lloyd District, Portland, OR

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Current Versus Historical Lloyd District, Portland, OR Rents

Lloyd District rentals average $1,076 for a studio rental to $1,483 for a 2-bedroom rental. The median price of all currently available listings is $1,201, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $10 (0.62%) year-over-year from $1,604 to $1,614. 1-bedroom rentals prices have increased by $7 (0.36%) year-over-year from $1,964 to $1,971. 2-bedroom rentals prices have increased by $2,071 (80.24%) year-over-year from $2,581 to $4,652. 3-bedroom rentals prices have decreased by $92 (-3.29%) year-over-year from $2,787 to $2,695. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.62% this month. 1-bedroom rents have gone up by 0.24% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.82 $1,614 $1,604 (0.62%) $1,594 (1.24%)
1 BR $1.85 $1,971 $1,964 (0.36%) $1,818 (8.40%)
2 BR $1.73 $4,652 $2,581 (80.24%) $4,578 (1.63%)

Historical Rents in Lloyd District, Portland, OR

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lloyd District

There are a total of 5 cities nearby Lloyd District. The average rent in Lloyd District is currently $1,595 per month. Our records show that Gresham, OR, with an average rent of $1,450, is the most affordable city nearby. In contrast, the most expensive city near Lloyd District, Portland, OR is Hillsboro, OR. Monthly rents here are on average $2,100 per month.

Let's compare Lloyd District, Portland, OR's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lloyd District, Portland, OR is 11.94% more expensive than other cities nearby. One bedrooms are about 14.49% more affordable. Two bedrooms in Lloyd District, Portland, OR are about 10.96% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 5 cities near Lloyd District, Portland, OR in the following chart.
City Studio 1 Bed 2 Bed All
Gresham, OR $948 $1,195 $1,495 $1,450
Portland, OR $1,150 $1,375 $1,645 $1,475
Vancouver, WA $1,238 $1,395 $1,550 $1,595
Beaverton, OR N/A $1,350 $1,695 $1,600
Hillsboro, OR N/A $1,450 $1,750 $2,100

Top Neighborhoods Near Lloyd District

There are a total of 1 neighborhoods in or near Lloyd District. We've included all of these top 1 neighborhoods in or near Lloyd District, Portland, OR in the following chart.

The average rent for these 1 neighborhoods in or near Lloyd District, Portland, OR is currently around $1,299 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Lloyd District's average rent, which is only $1,201. Out of all the neighborhoods in or near Lloyd District, Northwest District has the most affordable average rent at $1,299 per month. Whereas, at $1,299 average rent per month, Northwest District is the most expensive neighborhood in or near Lloyd District. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Northwest District, Portland, OR $1,150 $1,412 $1,923 $1,299

Top Counties Near Lloyd District

There are a total of 1 counties located by Lloyd District, Portland, OR. Some of these counties include Multnomah, OR, Clark, WA, and Washington, OR. The average rent for rentals in these counties is $1,730. That's roughly around $2 per sqft. The county that is the most affordable is Multnomah, OR. It's average rent per month is $1,495. Vice versa, with an average rent of $2,002, Washington, OR is the most expensive county by Lloyd District, Portland, OR.

Typically, rent for studios in Lloyd District, Portland, OR is 6.88% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lloyd District, Portland, OR is 16.15% more affordable than other counties nearby. Finally, rent for two bedrooms in Lloyd District, Portland, OR is 9.61% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Multnomah, OR $1,150 $1,358 $1,625 $1,495
Clark, WA $1,295 $1,395 $1,595 $1,730
Washington, OR $663 $1,395 $1,695 $2,002

Top Zipcodes Near Lloyd District

There are a total of 8 zipcodes in or near Lloyd District, Portland, OR. The average rent for all of these zipcodes is $1,395.

The following chart includes the top 8 zipcodes in Lloyd District, Portland, OR. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
97209, Portland, OR $1,125 $1,525 $2,255 $1,395
97214, Portland, OR $1,200 $1,375 $1,745 $1,385
97201, Portland, OR $1,000 $1,375 $2,245 $1,325
97202, Portland, OR $1,125 $1,395 $1,610 $1,495
97210, Portland, OR $1,195 $1,423 $1,950 $1,395
97217, Portland, OR $1,198 $1,365 $1,895 $1,495
98661, Vancouver, WA N/A $1,198 $1,550 $1,595
97233, Portland, OR $1,010 $1,150 $1,350 $1,350

Frequently Asked Questions - Lloyd District Average Rents

What is the average rent price in Lloyd District, Portland, OR?
The average monthly rental price for Lloyd District, Portland, OR apartments for rent is approximately $1,201. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lloyd District, Portland, OR rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lloyd District, Portland, OR.
How much is a studio apartment in Lloyd District, Portland, OR?
The average monthly rental price for studio apartments is $1,076 and an average price per square feet of $2.82. There are a total of 2 studio apartment listings currently available for rent in Lloyd District.
How much is a one bedroom apartment in Lloyd District, Portland, OR?
The average monthly rental price for one bedroom apartments is $1,201 and an average price per square feet of $1.85. There are a total of 3 one bedroom apartment listings currently available for rent in Lloyd District.
How much is a two bedroom apartment in Lloyd District, Portland, OR?
The average monthly rental price for two bedroom apartments is $1,483 and an average price per square feet of $1.73. There are a total of 2 two bedroom apartment listings currently available for rent in Lloyd District.
How have rent prices in Lloyd District, Portland, OR changed this year?
Rent prices for rentals in Lloyd District, Portland, OR can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.80%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in Lloyd District, Portland, OR?
A reasonable rent price in Lloyd District, Portland, OR is around $961/month. You can search for these reasonably priced rental listings on RentHop.
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