Portland rent rising slower than national average, report says
Portland rent rising slower than national average, report says Portland's average rent increased by three percent in 2018, less than the national average of 3.1 percent. Author: Jared Cowley, KGW Published: 12:39 PM PST January 22, 2019 Updated: 12:40 PM PST January 22, 2019 PORTLAND, Ore. — The average rent price in Portland increased at a lower percentage than the national average in 2018, according to a report. While Portland had the third-highest average rent price in the metro area, at $1,490 per month, it was also one of five cities in the Portland metro area with a lower average rent increase than the national average of 3.1 percent. Portland's average rent went up by three percent in 2018. The other four cities in the metro area whose rent went up slower than the national average last year were Tualatin (1.6 percent); Oregon City (1.7 percent); Milwaukie (2.2 percent); and Clackamas (2.9 percent). The average...