Oregon Apartment Rents Among the Fastest Declining in Nation, Rent.com Report Finds
The state averaged the third largest yearly drop in rent prices in the country, with prices in the Portland metro area leading the fall.
The state averaged the third largest yearly drop in rent prices in the country, with prices in the Portland metro area leading the fall.
(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. Combining these figures would imply roughly 16,000-17,000 vacant units, said Chris Salviati, housing economist for the rental site ApartmentList, in … Read more