Rentometer, Inc. | Data as of 02/04/2026
The PortlandâVancouverâHillsboro metro area offers a diverse rental landscape that balances vibrant city living with easy access to natural beauty. Apartment rentals span from studio units averaging in the $1300s to spacious fourâplus bedroom homes approaching the $3000 level, while oneâbedroom apartments typically sit in the $1500 range and twoâbedroom options hover around $2000. For those preferring standalone homes, rental rates start in the $1200s for modest studioâstyle spaces and climb to $3500+ for larger fourâplus bedroom houses, reflecting a range of choices for families, professionals, and students alike. These price tiers make the region appealing for both newcomers and longâterm residents seeking affordable yet quality accommodations.
Neighborhoods such as Portlandâs Pearl District, Alberta Arts District, and the historic SellwoodâManor add cultural flair and walkable amenities, while Vancouverâs downtown and the growing suburbs of Hillsboro provide a mix of modern apartments and singleâfamily homes. Proximity to the Columbia River, Washington Park, and a robust public transit network enhances the lifestyle appeal, making the metro area a prime location for renters who value convenience, outdoor recreation, and a thriving community. Whether youâre searching for a sleek downtown loft or a familyâfriendly house near top schools, the PortlandâVancouverâHillsboro rental market offers flexible options that cater to a wide range of preferences and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,261 | $1,251 | $506 - $1,925 | $1,125 - $1,375 |
| Apartment | 1 Bedroom | $1,605 | $1,539 | $771 - $2,935 | $1,350 - $1,795 |
| Apartment | 2 Bedroom | $2,094 | $1,877 | $950 - $9,214 | $1,615 - $2,342 |
| Apartment | 3 Bedroom | $2,528 | $2,395 | $1,765 - $4,026 | $2,090 - $2,875 |
| House | 1 Bedroom | $1,428 | $1,500 | $1,100 - $1,695 | $1,195 - $1,650 |
| House | 2 Bedroom | $2,128 | $2,100 | $1,150 - $3,600 | $1,700 - $2,495 |
| House | 3 Bedroom | $2,705 | $2,650 | $250 - $5,300 | $2,395 - $2,975 |
| House | 4+ Bedroom | $3,466 | $3,300 | $2,395 - $7,800 | $2,995 - $3,600 |
In the current period, the average rent in Portland-Vancouver-Hillsboro, OR-WA was $1,257 for Studio, $1,594 for 1 Bedroom, $2,101 for 2 Bedroom, $2,664 for 3 Bedroom, and $3,299 for 4+ Bedroom.
Data provided by Rentometer, Inc.