Average Rent in Oregon

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Current Versus Historical Oregon Rents

Oregon rentals average $1,650 for a studio rental to $2,995 for a 4-bedroom rental. The median price of all currently available listings is $1,350, or roughly $20 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $12 (0.72%) year-over-year from $1,638 to $1,650. 1-bedroom rentals prices have decreased by $1,094 (-53.19%) year-over-year from $2,057 to $963. 2-bedroom rentals prices have decreased by $1,066 (-43.32%) year-over-year from $2,461 to $1,395. 3-bedroom rentals prices have decreased by $437 (-17.96%) year-over-year from $2,432 to $1,995. 4-bedroom rentals prices have decreased by $85 (-2.76%) year-over-year from $3,080 to $2,995. 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 27.82% this month. 1-bedroom rents have gone down by 15.35% this month. 2-bedroom rents have gone down by 7.41% this month. 3-bedroom rents have gone down by 5.52% this month. 4-bedroom rents have gone down by 3.23% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$33.36	$1,650	$1,638 (0.72%)	$1,611 (2.42%)
1 BR	$31.09	$963	$2,057 (-53.19%)	$1,694 (-43.14%)
2 BR	$22.46	$1,395	$2,461 (-43.32%)	$1,652 (-15.54%)
3 BR	$19.62	$1,995	$2,432 (-17.96%)	$2,312 (-13.70%)
4+ BR	$16.84	$2,995	$3,080 (-2.76%)	$2,937 (1.96%)

Historical Rents in Oregon

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Oregon

There are a total of 9 cities nearby Oregon. The average rent in Oregon is currently $2,260 per month. Only one city nearby has an average rent lower than that. Our records show that Tacoma, WA, with an average rent of $1,345, is the most affordable city nearby. In contrast, the most expensive city near Oregon is San Francisco, CA. Monthly rents here are on average $4,495 per month.

Let's compare Oregon's rent against other top cities nearby by bedroom size. Typically, rent for studios in Oregon is 4.24% more affordable than other cities nearby. One bedrooms are about 123.29% more affordable. Two bedrooms in Oregon are about 86.02% more affordable. Finally, rent for three bedrooms are about 109.88% more affordable. Want more information? Check out the top 9 cities near Oregon in the following table.

City	Studio	1 Bed	2 Bed	All
Tacoma, WA	$775	$1,025	$1,450	$1,345
Portland, OR	$1,650	$1,970	$1,675	$1,659
Salt Lake City, UT	$1,599	$1,840	$1,995	$1,799
Seattle, WA	$1,823	$2,158	$3,123	$2,171
Redmond, WA	$2,074	$2,186	$3,298	$2,260
Oakland, CA	$1,720	$2,223	$2,595	$2,310
Mount Vista, WA	N/A	$2,314	$2,520	$2,401
San Jose, CA	$1,923	$2,618	$3,500	$3,472
San Francisco, CA	$3,395	$4,443	$5,995	$4,495

Top Neighborhoods Near Oregon

There are a total of 4 neighborhoods in or near Oregon. Some of these neighborhoods include Central City, Fisher's Landing East, and Fremont. We've included all of these top 4 neighborhoods in or near Oregon in the following table.

The average rent for these 4 neighborhoods in or near Oregon is currently around $2,185 per month. Interestingly, the neighborhoods' average rent is higher than Oregon's average rent, which is only $1,350. Out of all the neighborhoods in or near Oregon, Central City has the most affordable average rent at $1,599 per month. Whereas, at $4,666 average rent per month, South of Market is the most expensive neighborhood in or near Oregon. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Central City, Salt Lake City, UT	$795	$1,675	$1,995	$1,599
Fisher's Landing East, Vancouver, WA	N/A	$1,918	$2,819	$1,918
Fremont, Seattle, WA	$1,966	$2,458	$4,200	$2,451
South of Market, San Francisco, CA	$4,032	$4,485	$6,001	$4,666

Top Counties Near Oregon

There are a total of 17 counties located by Oregon. Some of these counties include Multnomah, OR, Pierce, WA, and Sacramento, CA. The average rent for rentals in these counties is $2,197. That's roughly around $21 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Bannock, ID. Its average rent per month is $1,075. Vice versa, with an average rent of $4,495, San Francisco, CA is the most expensive county by Oregon.

Typically, rent for studios in Oregon is 16.62% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Oregon is 52.20% more affordable than other counties nearby. Finally, rent for two bedrooms in Oregon is 28.67% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Multnomah, OR	$1,650	$1,970	$1,650	$1,695
Pierce, WA	$1,000	$1,203	$1,585	$1,750
Sacramento, CA	$1,295	$1,490	$1,925	$1,963
Ada, ID	$975	$1,275	$1,395	$1,995
King, WA	$1,892	$2,156	$2,598	$2,197
Washington, OR	N/A	$1,476	$1,795	$2,295
Snohomish, WA	$3,650	$1,205	$2,095	$2,295
San Joaquin, CA	$1,212	$1,475	$1,795	$2,623
Contra Costa, CA	$1,048	$1,895	$2,628	$3,413
San Francisco, CA	$3,395	$4,443	$5,995	$4,495

Top Zipcodes Near Oregon

There are a total of 5 zipcodes in or near Oregon. The average rent for all of these zipcodes is $2,260.

Studios in these zipcodes have an average rent of $1,940. That's at least $44 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Oregon is $2,186 per month. Or in other words, $43 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,298 per month. Which comes out to $40 per sqft. The following table includes the top 5 zipcodes in Oregon. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98109, Seattle, WA	$1,940	$2,099	$3,745	$2,081
98122, Seattle, WA	$1,964	$2,356	$3,076	$2,307
98052, Redmond, WA	$2,074	$2,186	$3,298	$2,260
98103, Seattle, WA	$1,892	$2,451	$4,200	$2,451
84101, Salt Lake City, UT	$1,419	$1,884	$2,549	$1,959

Frequently Asked Questions - Oregon Average Rents

What is the average rent price in Oregon?

The average monthly rental price for Oregon apartments for rent is approximately $1,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Oregon 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 Oregon.

How much is a studio apartment in Oregon?

The average monthly rental price for studio apartments is $1,650 and an average price per square feet of $33.36. There are a total of 12 studio apartment listings currently available for rent in Oregon.

How much is a one bedroom apartment in Oregon?

The average monthly rental price for one bedroom apartments is $979 and an average price per square feet of $31.09. There are a total of 119 one bedroom apartment listings currently available for rent in Oregon.

How much is a two bedroom apartment in Oregon?

The average monthly rental price for two bedroom apartments is $1,395 and an average price per square feet of $22.46. There are a total of 158 two bedroom apartment listings currently available for rent in Oregon.

How have rent prices in Oregon changed this year?

Rent prices for rentals in Oregon can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by -0.53%, two bedroom rental prices have changed by -0.43%, three bedroom rental prices have changed by -0.18% year-over-year.

What is a reasonable rent price in Oregon?

A reasonable rent price in Oregon is around $1,080/month. You can search for these reasonably priced rental listings on RentHop.