Portland-Vancouver-Hillsboro, OR-WA Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Portland-Vancouver-Hillsboro, OR-WA
The median asking rent in Portland-Vancouver-Hillsboro, OR-WA is $2,790 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $514,218, that rent level prices Portland-Vancouver-Hillsboro, OR-WA at a 6.32% gross rental yield — compared with 6.40% across Oregon.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Portland-Vancouver-Hillsboro, OR-WA rent and rental yield comparison
The current Portland-Vancouver-Hillsboro, OR-WA baseline is $2,790 median asking rent and 6.32% gross rental yield. Compare rent, yield, and home values with selected Oregon metros, then open a public report or Rental Insights for property-level follow-up.
Bend, OR
Bend, OR median asking rent is $2,600, $190 (6.8%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $2,600
- Gross yield
- 5.78%
- Avg home value
- $566,948
Eugene-Springfield, OR
Eugene-Springfield, OR median asking rent is $2,250, $540 (19.4%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $2,250
- Gross yield
- 6.27%
- Avg home value
- $446,974
Salem, OR
Salem, OR median asking rent is $2,350, $440 (15.8%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $2,350
- Gross yield
- 6.72%
- Avg home value
- $428,371
Medford, OR
Medford, OR median asking rent is $2,200, $590 (21.1%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $2,200
- Gross yield
- 6.59%
- Avg home value
- $410,877
Hermiston-Pendleton, OR
Hermiston-Pendleton, OR median asking rent is $1,700, $1,090 (39.1%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $1,700
- Gross yield
- 7.91%
- Avg home value
- $294,824
Ontario, OR-ID
Ontario, OR-ID median asking rent is $1,595, $1,195 (42.8%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $1,595
- Gross yield
- 8.19%
- Avg home value
- $272,700
La Grande, OR
La Grande, OR median asking rent is $1,700, $1,090 (39.1%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $1,700
- Gross yield
- 7.72%
- Avg home value
- $274,535
Baker City, OR
Baker City, OR median asking rent is $1,350, $1,440 (51.6%) lower than the $2,790 median asking rent in Portland-Vancouver-Hillsboro, OR-WA.
- Median rent
- $1,350
- Gross yield
- 7.45%
- Avg home value
- $193,560
Portland-Vancouver-Hillsboro, OR-WA rent and yield FAQ
Quick answers based on the latest Portland-Vancouver-Hillsboro, OR-WA rental listing and transaction data.
What is the average rent in Portland-Vancouver-Hillsboro, OR-WA?
As of July 2026, the median asking rent in Portland-Vancouver-Hillsboro, OR-WA is $2,790. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Portland-Vancouver-Hillsboro, OR-WA?
Portland-Vancouver-Hillsboro, OR-WA currently prices at a 6.32% gross rental yield, versus 6.40% across Oregon. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Portland-Vancouver-Hillsboro, OR-WA market context to property-level screening
Open Rental Insights with Portland-Vancouver-Hillsboro, OR-WA selected, then pair the yield signal with investor activity and rental data workflows.