Average Rent in Oregon

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Current Versus Historical Oregon Rents

Oregon rentals average $1,150 for a studio rental to $3,695 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $22 per square feet.
For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $456 (-28.15%) year-over-year from $1,618 to $1,163. 1-bedroom rentals prices have decreased by $956 (-47.65%) year-over-year from $2,006 to $1,050. 2-bedroom rentals prices have decreased by $462 (-22.47%) year-over-year from $2,057 to $1,595. 3-bedroom rentals prices have increased by $36 (1.46%) year-over-year from $2,462 to $2,498. 4-bedroom rentals prices have increased by $477 (14.56%) year-over-year from $3,273 to $3,750. 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 6.49% this month. 1-bedroom rents have gone down by 11.58% this month. 2-bedroom rents have gone up by 3.57% this month. 3-bedroom rents have gone up by 7.57% this month. 4-bedroom rents have gone up by 9.81% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $34.05 $1,163 $1,618 (-28.15%) $1,524 (-23.70%)
1 BR $27.54 $1,050 $2,006 (-47.65%) $1,480 (-29.05%)
2 BR $20.90 $1,595 $2,057 (-22.47%) $1,622 (-1.64%)
3 BR $20.24 $2,498 $2,462 (1.46%) $2,266 (10.22%)
4+ BR $22.74 $3,750 $3,273 (14.56%) $3,023 (24.04%)

Historical Rents in Oregon

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oregon

There are a total of 11 cities nearby Oregon. The average rent in Oregon is currently $1,850 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Pocatello, ID, with an average rent of $1,025, 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 3.26% more affordable than other cities nearby. One bedrooms are about 73.81% more affordable. Two bedrooms in Oregon are about 33.78% more affordable. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 10 cities out of 11 total cities near Oregon in the following table.
City Studio 1 Bed 2 Bed All
Pocatello, ID $750 $725 $985 $1,025
Tacoma, WA $1,095 $1,395 $1,513 $1,395
Boise City, ID $860 $1,225 $1,495 $1,500
Portland, OR $1,188 $1,505 $1,695 $1,610
Bellingham, WA $1,478 $1,825 $2,000 $1,850
Seattle, WA $1,497 $2,216 $2,895 $2,150
Mount Vista, WA N/A $2,314 $2,520 $2,401
Oakland, CA $1,695 $2,173 $2,925 $2,650
San Jose, CA $2,000 $2,398 $3,400 $4,250
San Francisco, CA $2,695 $4,498 $6,257 $4,495

Top Neighborhoods Near Oregon

There are a total of 4 neighborhoods in or near Oregon. Some of these neighborhoods include Fisher's Landing East, Kerns, and South-Lake Union. 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 $2,323 per month. Interestingly, the neighborhoods' average rent is higher than Oregon's average rent, which is only $1,450. Out of all the neighborhoods in or near Oregon, Fisher's Landing East has the most affordable average rent at $1,918 per month. Whereas, at $5,290 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
Fisher's Landing East, Vancouver, WA N/A $1,918 $2,819 $1,918
Kerns, Portland, OR $1,794 $2,193 $3,477 $2,152
South-Lake Union, Seattle, WA $2,236 $2,496 $3,836 $2,493
South of Market, San Francisco, CA $4,340 $4,604 $6,792 $5,290

Top Counties Near Oregon

There are a total of 21 counties located by Oregon. Some of these counties include Canyon, ID, Multnomah, OR, and Pierce, WA. The average rent for rentals in these counties is $1,995. That's roughly around $23 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 $1,000. 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 13.13% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Oregon is 40.29% more affordable than other counties nearby. Finally, rent for two bedrooms in Oregon is 10.20% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Canyon, ID N/A $1,075 $1,420 $1,500
Multnomah, OR $1,188 $1,475 $1,648 $1,600
Pierce, WA $1,085 $1,383 $1,850 $1,673
Ada, ID $860 $1,175 $1,495 $1,885
Whatcom, WA $1,478 $1,813 $1,925 $1,920
Snohomish, WA N/A $1,473 $2,088 $1,997
Washington, OR N/A $1,899 $1,625 $2,225
King, WA $1,565 $2,245 $2,852 $2,260
Sacramento, CA N/A $1,559 $1,775 $2,273
San Joaquin, CA $1,099 $1,449 $1,535 $2,650

Top Zipcodes Near Oregon

There are a total of 3 zipcodes in or near Oregon. The average rent for all of these zipcodes is $2,112.

Studios in these zipcodes have an average rent of $1,824. That's at least $45 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Oregon is $2,289 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,388 per month. Which comes out to $41 per sqft. The following table includes the top 3 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 $2,085 $2,493 $3,494 $2,455
98122, Seattle, WA $1,824 $2,289 $3,388 $2,112
98225, WA $1,498 $1,813 $2,145 $1,850

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 $1,450. 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 $1,150 and an average price per square feet of $34.05. There are a total of 19 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 $1,050 and an average price per square feet of $27.54. There are a total of 120 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 $1,495 and an average price per square feet of $20.90. There are a total of 155 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 -0.28%, one bedroom rental prices have changed by -0.48%, two bedroom rental prices have changed by -0.22%, three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Oregon?
A reasonable rent price in Oregon is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.
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