Average Rent in Oregon

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Current Versus Historical Oregon Rents

Oregon rentals average $864 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $882, or roughly $2 per square feet.
For the apartment units and housing in March 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $139 (9.55%) year-over-year from $1,460 to $1,599. 1-bedroom rentals prices have increased by $499 (34.09%) year-over-year from $1,465 to $1,964. 2-bedroom rentals prices have decreased by $7 (-0.41%) year-over-year from $1,607 to $1,600. 3-bedroom rentals prices have increased by $145 (6.44%) year-over-year from $2,250 to $2,395. 4-bedroom rentals prices have increased by $676 (22.55%) year-over-year from $2,997 to $3,673. 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 down by 3.04% this month. 1-bedroom rents have gone down by 3.01% this month. 2-bedroom rents have gone down by 19.10% this month. 3-bedroom rents have gone down by 0.07% this month. 4-bedroom rents have gone up by 9.42% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.63 $1,964 $1,465 (34.09%) $1,544 (27.23%)
2 BR $1.55 $1,600 $1,607 (-0.41%) $1,523 (5.06%)

Historical Rents in Oregon

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oregon

There are a total of 2 cities nearby Oregon. The average rent in Oregon is currently $2,655 per month. Our records show that Seattle, WA, with an average rent of $2,488, is the most affordable city nearby. In contrast, the most expensive city near Oregon is Bellevue, WA. Monthly rents here are on average $2,822 per month.

Let's compare Oregon's rent against other top cities nearby by bedroom size. Typically, rent for studios in Oregon is inf% more affordable than other cities nearby. One bedrooms are about 177.84% more affordable. Two bedrooms in Oregon are about 201.03% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 2 cities near Oregon in the following chart.
City Studio 1 Bed 2 Bed All
Seattle, WA $1,885 $2,331 $3,345 $2,488
Bellevue, WA $1,955 $2,470 $3,233 $2,822

Top Neighborhoods Near Oregon

There are a total of 2 neighborhoods in or near Oregon. We've included all of these top 2 neighborhoods in or near Oregon in the following chart.

The average rent for these 2 neighborhoods in or near Oregon is currently around $2,620 per month. Meaning, only two neighborhoods have a higher average rent than $2,620. Interestingly, the neighborhoods' average rent is higher than Oregon's average rent, which is only $882. Out of all the neighborhoods in or near Oregon, Belltown has the most affordable average rent at $2,240 per month. Whereas, at $3,000 average rent per month, Central Business District is the most expensive neighborhood in or near Oregon. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Belltown, Seattle, WA $1,757 $2,248 $3,429 $2,240
Central Business District, Seattle, WA $2,055 $2,704 $5,100 $3,000

Top Counties Near Oregon

There are a total of 2 counties located by Oregon. The average rent for rentals in these counties is $2,641. That's roughly around $3 per sqft. The county that is the most affordable is King, WA. It's average rent per month is $2,566. Vice versa, with an average rent of $2,715, Snohomish, WA is the most expensive county by Oregon.

Typically, rent for studios in Oregon is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Oregon is 142.91% more affordable than other counties nearby. Finally, rent for two bedrooms in Oregon is 154.69% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
King, WA $1,913 $2,300 $3,200 $2,566
Snohomish, WA $3,000 $1,898 $2,365 $2,715

Top Zipcodes Near Oregon



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

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 $882. 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 $864 and an average price per square feet of $1.63. There are a total of 55 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 $1,093 and an average price per square feet of $1.55. There are a total of 8 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 0.10%, one bedroom rental prices have changed by 0.34%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Oregon?
A reasonable rent price in Oregon is around $705/month. You can search for these reasonably priced rental listings on RentHop.
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