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Portland city: Median Gross Rent Trend

How Portland city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$1,192
2023
$1,492
Total change
+$300
% change
+25.2%
Year Median Gross Rent Change
2017 $1,192
2019 $1,250 +$58 (4.9%)
2020 $1,392 +$142 (11.4%)
2021 $1,597 +$205 (14.7%)
2022 $1,731 +$134 (8.4%)
2023 $1,492 $239 (-13.8%)

Other Portland city Trends