Is it hard to find an apartment in Portland?

Finding an apartment anywhere can be an overwhelming process. Finding an apartment in a popular city like Portland can be even more daunting. But with a little patience and determination you’re sure to find a neighborhood and an apartment that suits your needs.

Is rent going down in Portland Oregon?

As of September 16, 2021, the average rent for an apartment in Portland, OR is currently $1,425. This is a 2\% increase compared to the previous year. Over the past month, the average rent for a studio apartment in Portland remained flat.

What do I need to rent an apartment in Oregon?

Screening Requirements

• Rental Agreements.
• Screening Charge.
• Security Deposit.
• Applicant Identification.
• Applicant Rental History.
• Applicant Sufficient Income.
• Credit and Criminal History.
• Non-Qualifying Applications.

How do I find rentals in Portland?

Check online Craigslist, oregonlive.com/realestate, apartments.com, apartmentguide.com, rent.com, and forrent.com all have current listings, and Portland’s residents are definitely big fans of the more home-grown Craigslist. Just use your good judgment before placing deposits or making commitments.

Is it hard to rent in Portland?

Portland was once a relatively affordable city, but its rents have boomed over the last decade. It’s still possible to find apartment deals and bargains if you stay flexible and spend a little time looking.

How many empty apartments are in Portland Oregon?

A short item I posted two days ago about 16 thousand vacant apartments in the Portland metro area has attracted an outsize amount of attention. The post has racked up more than 90,000 thousand hits and around 10 thousand Facebook shares, along with countless retweeets.

Is rent expensive in Portland Oregon?

Portland Housing Costs Currently, a one-bedroom apartment in Portland runs $1,246. You’ll pay about $1,453 for a two-bedroom. If you live downtown near major amenities or in trendy areas like the Pearl District, expect to pay more.

Is Portland landlord friendly?

Oregon can be considered a landlord-friendly state as it doesn’t require landlords to get a license before renting out their properties (with the exception of Portland). Furthermore, there is not a limit on how much a landlord can charge for a security deposit, and landlords can charge non-refundable application fees.

Is pet rent legal in Oregon 2020?

PORTLAND, Ore. The newly proposed Oregon House Bill 2683 “prohibits landlords that allow pets from charging tenants additional rent or fees based on possession of pets.”

How much can a landlord raise rent in Portland 2021?

On September 15, the State of Oregon’s Office of Economic Analysis debuted the maximum rent increase rate for 2022 to be 9.9\%. SB 608 set the maximum rent increase formula to be 7\% plus the West Coast Consumer Price Index, which changes every year. For 2021 the maximum increase was 9.2\%.

How many vacant homes are in Portland Oregon?

Jason E. Kaplan For lease signs sprout in Portland. (Update appended): According to the American Community Survey there are appoximately 352,000 rental units in the Portland metro area. The census Housing Vacancy survey estimates a 4.8\% vacancy rate for the metro area during the second quarter of 2018.