Oregon Rent Prices 2026: Average $1,771/mo
Find fair market rent prices for 2 major metro areas in Oregon. The average 2-bedroom rent across the state is $1,771/mo.
Major Cities in Oregon
Sorted by 2-bedroom rent price (highest to lowest)
Cheapest Cities in Oregon
Find the most affordable cities to rent in Oregon. Starting from $1,620/mo.
Most Expensive Oregon Cities
See the priciest rental markets in Oregon. Up to $1,922/mo.
Oregon Rent Trends
Analyze rent trends and market outlook for Oregon.
Explore Oregon Rent Data
Browse detailed rent prices for cities across Oregon. Each city page includes neighborhood breakdowns, rent trends, and local market insights.
Can You Afford to Rent in Oregon?
See the income needed to comfortably afford rent in Oregon cities based on the 30% rule.
View All Affordability Guides →Rent vs. Buy in Oregon Cities
Compare the cost of renting vs. buying a home in major Oregon metro areas.
View All Rent vs. Buy Guides →Oregon City Rent Comparison
Average 2-bedroom rent by city
Market Conditions Gauge
Oregon rental market analysis
Supply matches demand, stable conditions for renters
What This Means for Renters
- *Take time to compare options without rushing
- *Negotiate move-in specials or minor rent reductions
- *Stable market conditions favor fair dealings
Market conditions are calculated from supply/demand balance, price trends, and affordability metrics. Conditions can vary by neighborhood.
Top Cities in Oregon
Rent prices by metropolitan area
Click on a state to see details. Color indicates rent level relative to national range.
Oregon Rental Market Overview
The fair market rent (FMR) data for Oregon is published annually by the U.S. Department of Housing and Urban Development (HUD). These figures represent the 40th percentile of gross rents for standard quality rental housing in each metro area.
Oregon has 2 major metropolitan areas tracked in our database. The most expensive city for renters is Portland, OR with an average 2-bedroom rent of $1,922/mo, while the most affordable is Eugene, OR at $1,620/mo.
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 $1,771 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,620 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 $1,620/month for a 2-bedroom apartment. Studios in Eugene average $1,148/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 $151 above the state average.
How much do I need to earn to rent in Oregon?
To comfortably afford the average Oregon 2-bedroom at $1,771/month, you would need an annual income of approximately $70,840 (based on the 30% of income guideline). For the most affordable areas, you would need about $64,800/year.
Is Oregon affordable for renters?
Oregon offers moderate rental costs, with average 2-bedroom rents at $1,771/month. Some cities offer excellent value while others command premium prices.
Helpful Resources for Oregon Renters
Moving to Oregon? These comprehensive resources help you understand your rights, find assistance programs, and navigate the rental process.