Renting in Portland? Discover the most affordable places to rent in 2024.
As the Rose City, Portland offers beautiful nature, bustling city atmosphere and riverfront views, all without leaving the city. Whether you’re new to the city or curious about rental trends, you may wonder, how much does rent cost in Portland? On average, monthly rent prices are $1,217 for a studio, $1,494 for a one-bedroom unit and $1,795 for a two-bedroom unit. Depending on your budget, these prices may be out of your range.
Don’t worry, we’ve got you covered with these surrounding areas. In this article, we set out to find the most affordable Portland suburbs for renters. These four suburbs offer a breath of fresh air with their serene landscapes, warm communities and more reasonable prices, so you can still experience Oregon’s beauty while sticking to your budget.
#1: Aloha
Average rent for a one-bedroom: $1,295
Average rent for a two-bedroom: $1,695
Distance from Portland: 12 miles
Apartments for rent in Aloha
The first spot on our list of affordable Portland suburbs is Aloha. This area is located about 12 miles west of Portland, so you’re not too far from downtown. The average rent for a one-bedroom unit in Aloha is about $200 less than in Portland, meaning you’ll save a bit each month. This affordable suburb is great if you’re looking for a relaxed and outdoorsy community. You’ll find a lot of green spaces and parks in Aloha, like Mountain View Champions Park, Tualatin Hills Nature Park, and Hazeldale Park.
#2: Clackamas
Average rent for a studio: $1,175
Average rent for a one-bedroom: $1,305
Average rent for a two-bedroom: $1,550
Distance from Portland: 12 miles
Apartments for rent in Clackamas
Just 12 miles southeast of Portland is our second suburb, Clackamas. The area is home to about 7,000 residents, and the average rents are much less than in Portland. If you’re planning to rent a two-bedroom unit, the monthly cost is approximately $1,550. On the other hand, a two-bedroom unit is about $1,795 in Portland. Clackamas provides opportunities for outdoor adventure with the nearby Mount Talbert Nature Park, offering hiking trails and beautiful views of the surrounding landscape. Additionally, the Clackamas Town Center is a popular shopping destination featuring a variety of shops and restaurants.
#3: Beaverton
Average rent for a studio: $1,650
Average rent for a one-bedroom: $1,435
Average rent for a two-bedroom: $1,747
Distance from Portland: 8 miles
Apartments for rent in Beaverton
Another great suburb for renters is Beaverton, which is roughly 8 miles west of Portland. You’ll save about $60 a month, as the average rent for a one-bedroom unit is $1,435, compared to Portland’s $1,494. Home to Tualatin Hills Nature Park, Beaverton offers lots of outdoor activities like hiking and exploring the nature preserve. You can also check out the vibrant food scene in the downtown area, with diverse restaurants and eateries.
#4: Gresham
Average rent for a studio: $1,279
Average rent for a one-bedroom: $1,495
Average rent for a two-bedroom: $1,581
Distance from Portland: 17 miles
Apartments for rent in Gresham
A bit farther from Portland, Gresham is about 17 miles east, but it offers an affordable suburban alternative. The slightly longer commute might be a trade-off worth considering. While the average rent for a one-bedroom unit is the same in Portland, if you’re looking for a two-bedroom unit, the monthly rent is about $210 less than in Portland.
Gresham provides access to the stunning Mount Hood National Forest, offering hiking, camping, and a range of outdoor activities for nature enthusiasts. You can also explore the historic downtown area, known for its local shops, restaurants, and events, making it a great spot to immerse yourself in the town’s character and charm. If you’re looking to take the leap from renter to buyer, make sure to also check out the most affordable Portland suburbs to buy a home.
Methodology
Affordability is based on whether a suburb’s one and two-bedroom rent was less than Portland and under 20 miles from downtown Portland. Average rental data from Portland rental market trends on October 26, 2023. Population data sourced from the United States Census Bureau.
Source: rent.com