Average Rent in Portland (2026 Estimate)

Bedroom TypeMedian Rent
Studio$1,300
1 Bedroom$1,700
2 Bedroom$2,300
3 Bedroom$3,050

Estimated market data based on HUD 2026 and Zillow 2026. For reference only.

Security Deposit Laws in Oregon

No state limit; typical 1 month; some cities cap at 1 month

Always confirm with your landlord or property manager, as local city ordinances in Portland may provide additional protections.

Estimated Monthly Utilities in Portland

On average, basic utilities (electricity, heating, cooling, water, garbage) for an 85m² apartment in Portland cost approximately $190 per month.

Internet (60 Mbps+) costs approximately $65 per month.

Total Estimated Monthly Cost in Portland

For a 1-bedroom apartment, your estimated total monthly cost is:

Rent $1,700 + Utilities $190 + Internet $65 = $1,955

For a 2-bedroom apartment:

Rent $2,300 + Utilities $190 + Internet $65 = $2,555

Rent Affordability Tip for Portland

A common rule of thumb is to spend no more than 30% of gross monthly income on rent.

To afford the median 1-bedroom rent of $1,700 in Portland, you should earn at least $5,666 per month ($67,992 per year) before taxes.

Use Our Free Rent Affordability Calculator →

Moving to Portland? Estimate Your Total Move-In Cost

Beyond the first month's rent, you'll typically need to pay a security deposit, possibly last month's rent, and moving expenses.

Calculate Move-In Cost →

Frequently Asked Questions About Renting in Portland

The estimated median rent for a 1-bedroom apartment in Portland is approximately $1,700 per month as of 2026.

Basic utilities for an average apartment in Portland are estimated at $190 per month, plus about $65 for internet.

Following the 30% rule, you should earn at least $67,992 per year to comfortably afford the median 1-bedroom rent in Portland.