Portland rents increased 0.4 percent over the past month, the seventh straight month the city has seen rent increases, according to the September report from Apartment List.
With the latest increase, Portland rents are up 5.9 percent year-over-year.
Median rents in Portland are $1,300 for a one-bedroom apartment and $1,518 for a two-bedroom.
While the city has seen steady rent increases year-over-year, Portland still lags the state average increase of 9.1 percent as well as the national average of 10.0 percent.
Beaverton Rents Show Big Jump In August
Beaverton rents have increased 1.9 percent over the past month, and have increased sharply by 17.3 percent year-over-year.
Median rents in Beaverton are $1,627 for a one-bedroom apartment and $1,889 for a two-bedroom.
Hillsboro Rents Also Increase
Hillsboro rents increased 0.4 percent in August and have increased sharply by 11.5 percent in comparison to the same time last year. Currently, median rents in Hillsboro stand at $1,857 for a one-bedroom apartment and $2,054 for a two-bedroom.
Vancouver rents increase sharply over the past month
Vancouver rents have increased 1.3 percent over the past month, and are up sharply by 9.9 percent in comparison to the same time last year. Currently, median rents in Vancouver are $1,392 for a one-bedroom apartment and $1,604 for a two-bedroom.
National Multifamily Rent Growth Hits A Wall In August
