Average Rent in Oregon: $1,649/mo (2026)
Oregon offers diverse rental options from the urban energy of Portland to smaller cities throughout the Willamette Valley. Known for its natural beauty, progressive culture, and no sales tax, the state attracts remote workers and those seeking outdoor lifestyles.
Major Cities in Oregon
Sorted by 2-bedroom rent price (highest to lowest)
Other Cities in Oregon
Estimated average 2-bedroom rent prices for additional Oregon cities:
Explore Oregon Rent Data
Browse detailed rent prices for cities across Oregon. Each city page includes neighborhood breakdowns, rent trends, and local market insights.
Oregon Rental Market Overview
Oregon offers diverse rental options from the urban energy of Portland to smaller cities throughout the Willamette Valley. Known for its natural beauty, progressive culture, and no sales tax, the state attracts remote workers and those seeking outdoor lifestyles.
Rental Market Trends in Oregon
Oregon's rental market, particularly Portland, has seen moderation after years of rapid growth. New construction and rent stabilization policies have helped balance the market. Eugene and Salem offer more affordable alternatives to Portland.
Major Cities for Renters in Oregon
Portland dominates the state's rental market with its thriving food scene, tech jobs, and urban amenities. Eugene serves as a college town with a relaxed atmosphere. Salem offers government employment as the state capital. Bend attracts outdoor enthusiasts.
Oregon Rental Affordability
Oregon is moderately expensive for renters, with Portland commanding premium prices. However, cities outside the Portland metro offer significantly better value while maintaining access to the state's natural amenities.
What Affects Rent Prices in Oregon?
- Location: Proximity to employment centers and urban amenities significantly impacts rent prices across Oregon metros.
- Local Economy: Job growth and industry presence drive rental demand. Strong employment markets typically have higher rents.
- Housing Supply: Areas with new construction tend to have more rental options and potentially competitive pricing.
- Schools: Quality school districts command premium rents, especially for family-sized apartments.
- Transportation: Access to highways and public transit affects neighborhood desirability and pricing.
Frequently Asked Questions About Oregon Rent
What is the average rent in Oregon?
The average rent in Oregon is $1,649 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,375 in Eugene to $1,922 in Portland.
What is the cheapest city to rent in Oregon?
Eugene, OR offers the most affordable rent among major Oregon metros at $1,375/month for a 2-bedroom apartment. Studios in Eugene average $825/month.
What is the most expensive city to rent in Oregon?
Portland, OR has the highest rents in Oregon at $1,922/month for a 2-bedroom apartment. This is $273 above the state average.
How much do I need to earn to rent in Oregon?
To comfortably afford the average Oregon 2-bedroom at $1,649/month, you would need an annual income of approximately $65,960 (based on the 30% of income guideline). For the most affordable areas, you would need about $55,000/year.
Is Oregon affordable for renters?
Oregon offers moderate rental costs, with average 2-bedroom rents at $1,649/month. Some cities offer excellent value while others command premium prices.