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Rental Market Trends in Oregon

$1,485/month

Average Rent

-0.2%

Decrease in the Last Year

-$3

Average Price Decrease

Ranked 31st

Least Expensive Rent by State

19,147

Available Rentals

Medford, OR

City with the Lowest Rent

What is the average rent in Oregon?

As of September 2025, the average rent in Oregon is $1,485/month. When you rent an apartment in Oregon, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,267 per month for a studio, $1,485 for a one-bedroom apartment, and around $1,687 for a two-bedroom apartment in Oregon. If you opt for a three-bedroom rental, you could pay $2,069 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,267/month
445 Sq Ft
One Bedroom
$1,485/month
656 Sq Ft
Two Bedroom
$1,687/month
931 Sq Ft
Three Bedroom
$2,069/month
1,187 Sq Ft

Rent by City

Last Updated Today
  • Most Affordable
  • Most Expensive

What are the most affordable cities in Oregon?

Based on current rent prices, the cheapest cities in Oregon to live are Medford, Springfield and Salem.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Medford
$1,145/month
640 Sq Ft
Springfield
$1,187/month
602 Sq Ft
Salem
$1,189/month
659 Sq Ft
Corvallis
$1,198/month
525 Sq Ft
Albany
$1,242/month
677 Sq Ft
Gresham
$1,379/month
668 Sq Ft
Eugene
$1,431/month
671 Sq Ft
Aloha
$1,482/month
678 Sq Ft
Portland
$1,542/month
644 Sq Ft
Beaverton
$1,550/month
682 Sq Ft

What are the most expensive cities in Oregon?

Based on current rent prices, the most expensive cities in Oregon to live are Bend, Hillsboro and Tigard.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Bend
$1,755/month
673 Sq Ft
Hillsboro
$1,721/month
724 Sq Ft
Tigard
$1,552/month
683 Sq Ft
Beaverton
$1,550/month
682 Sq Ft
Portland
$1,542/month
644 Sq Ft
Aloha
$1,482/month
678 Sq Ft
Eugene
$1,431/month
671 Sq Ft
Gresham
$1,379/month
668 Sq Ft
Albany
$1,242/month
677 Sq Ft
Corvallis
$1,198/month
525 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Oregon

19,147 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Washington
$1,847/mo. avg.
+1.4% YOY
Idaho
$1,381/mo. avg.
+2% YOY
California
$2,205/mo. avg.
+1.4% YOY
Nevada
$1,350/mo. avg.
-0.7% YOY

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US Rent Trends Oregon

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.


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Equal Housing Opportunity