Average Rent in Northwest District, Portland, OR

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Current Versus Historical Northwest District, Portland, OR Rents

Northwest District rentals average $987 for a studio rental to $987 for a studio rental. The median price of all currently available listings is $987, or roughly $5 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $551 (47.58%) year-over-year from $1,158 to $1,710. 1-bedroom rentals prices have increased by $564 (36.76%) year-over-year from $1,533 to $2,097. 2-bedroom rentals prices have increased by $562 (28.25%) year-over-year from $1,988 to $2,550. 3-bedroom rentals prices have decreased by $975 (-25.83%) year-over-year from $3,775 to $2,800. 4-bedroom rentals prices have decreased by $68 (-1.64%) year-over-year from $4,163 to $4,095. 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 30.12% this month. 1-bedroom rents have gone up by 23.61% this month. 2-bedroom rents have gone up by 10.95% this month. 3-bedroom rents have gone down by 0.58% this month. 4-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 $5.35 $1,710 $1,158 (47.58%) $1,514 (12.89%)

Historical Rents in Northwest District, Portland, OR

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Northwest District



Let's compare Northwest District, Portland, OR's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Northwest District



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Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Northwest District



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Northwest District



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Northwest District Average Rents

What is the average rent price in Northwest District, Portland, OR?
The average monthly rental price for Northwest District, Portland, OR apartments for rent is approximately $987. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Northwest 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 Northwest District, Portland, OR.
How much is a studio apartment in Northwest District, Portland, OR?
The average monthly rental price for studio apartments is $987 and an average price per square feet of $5.35. There are a total of 2 studio apartment listings currently available for rent in Northwest District.
How much is a one bedroom apartment in Northwest District, Portland, OR?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Northwest District.
How much is a two bedroom apartment in Northwest District, Portland, OR?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in Northwest District.
How have rent prices in Northwest District, Portland, OR changed this year?
Rent prices for rentals in Northwest District, Portland, OR can fluctuate yearly. Specifically, studio rental prices have changed by 0.48%, one bedroom rental prices have changed by 0.37%, two bedroom rental prices have changed by 0.28%, and three bedroom rental prices have changed by -0.26% year-over-year.
What is a reasonable rent price in Northwest District, Portland, OR?
A reasonable rent price in Northwest District, Portland, OR is around $790/month. You can search for these reasonably priced rental listings on RentHop.
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