Portland-Vancouver-Hillsboro, OR-WA Metro Area: Median Gross Rent Trend
How Portland-Vancouver-Hillsboro, OR-WA Metro Area'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
$1,118
2023
$1,654
Total change
+$536
% change
+47.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,118 | — |
| 2019 | $1,271 | +$153 (13.7%) |
| 2020 | $1,345 | +$74 (5.8%) |
| 2021 | $1,434 | +$89 (6.6%) |
| 2022 | $1,577 | +$143 (10%) |
| 2023 | $1,654 | +$77 (4.9%) |