Kerns, Portland, OR Rental Market Trends

The average rent for an apartment in Kerns, Portland, OR is $1,879 ($2.91 per sqft), based on a survey of 193 rental listings in Kerns, Portland, OR conducted by Hello Data, Inc. on May 28, 2023. This is 0% above the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Kerns, Portland, OR by Number of Bedrooms

The chart below shows the average rent in Kerns, Portland, OR for apartments by number of bedrooms:

Average apartment size in Kerns, Portland, OR

The average apartment size in Kerns, Portland, OR is 645 sqft, which is -36% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Kerns, Portland, OR for each unit type:

Average Rent in Portland, OR by Neighborhood

There are 30 neighborhoods in Portland, OR . Pearl District is the most expensive neighborhood, with an average rent of $2,459 ($3.24 per sqft), and Montavilla is the most affordable neighborhood in Portland, OR , with an average rent of $839 ($5.91 per sqft). The following tables show the Top 5 neighborhoods in Portland, OR by average rent and the top 5 most affordable neighborhoods in Portland, OR by average rent:

Top 5 most expensive neighborhoods in Portland, OR by average rent:

Neighborhood
$2,459 avg. rent
$3.24 per sqft
$2,058 avg. rent
$3.06 per sqft
$1,997 avg. rent
$2.06 per sqft
$1,922 avg. rent
$2.67 per sqft
$1,870 avg. rent
$1.84 per sqft

Top 5 most affordable neighborhoods in Portland, OR by average rent:

Neighborhood
$1,333 avg. rent
$1.94 per sqft
$1,325 avg. rent
$2.72 per sqft
$1,325 avg. rent
$2.30 per sqft
$1,225 avg. rent
$1.53 per sqft
$839 avg. rent
$5.91 per sqft

Average Rent in Portland, OR by Zip Code

There are 29 zip codes in Portland, OR . 97209 is the most expensive zip code, with an average rent of $2,250 ($3.12 per sqft), and 97215 is the most affordable zip code in Portland, OR , with an average rent of $1,275 ($4.37 per sqft). The following tables show the Top 5 zip codes in Portland, OR by average rent and the top 5 most affordable zip codes in Portland, OR by average rent:

Top 5 most expensive zip codes in Portland, OR by average rent:

Zip Code
$2,250 avg. rent
$3.12 per sqft
$2,230 avg. rent
$3.02 per sqft
$2,192 avg. rent
$3.22 per sqft
$2,182 avg. rent
$2.66 per sqft
$1,965 avg. rent
$1.97 per sqft

Top 5 most affordable zip codes in Portland, OR by average rent:

Zip Code
$1,450 avg. rent
$1.70 per sqft
$1,445 avg. rent
$1.60 per sqft
$1,420 avg. rent
$1.90 per sqft
$1,400 avg. rent
$1.94 per sqft
$1,275 avg. rent
$4.37 per sqft

Average Apartment Listing Volume and Average Time on Market in Kerns, Portland, OR

Average number of days on market in Kerns, Portland, OR

The average listing remains on the market for 11 days in Kerns, Portland, OR. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Kerns, Portland, OR:

Available Apartments in Kerns, Portland, OR by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 193 active apartment listings in Kerns, Portland, OR. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Kerns, Portland, OR Average Rents

What are the most affordable neighborhoods in Portland, OR?

The most affordable neighborhoods in Portland, OR are Montavilla, where the average rent is $839 ($5.91 per sqft) and Centennial, where renters pay $1,225 ($1.53 per sqft) per month on average.

What are the most expensive neighborhoods in Portland, OR?

The most expensive neighborhoods in Portland, OR are Pearl District, with an average rent of $2,459 ($3.24 per sqft) and Northwest, with an average rent of $2,058 ($3.06 per sqft) per month.

What are the most popular neighborhoods in Portland, OR?

The most popular neighborhoods in Portland, OR are Pearl District, with 543 active listings as of May 28, 2023 and Downtown, with 333 active listings as of May 28, 2023.

How much is a Studio apartment in Kerns, Portland, OR?

The average monthly rental price for Studio apartments in Kerns, Portland, OR is $1,895 ($3.76 per sqft).

How much is a 1 Bedroom apartment in Kerns, Portland, OR?

The average monthly rental price for 1 Bedroom apartments in Kerns, Portland, OR is $1,680 ($2.58 per sqft).

How much is a 2 Bedroom apartment in Kerns, Portland, OR?

The average monthly rental price for 2 Bedroom apartments in Kerns, Portland, OR is $2,773 ($2.66 per sqft).

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