Rents in the Portland-Vancouver-Hillsboro metro are continuing to ease as 2025 comes to a close, offering renters more relief after several years of elevated prices.
The Realtor.com® November 2025 Rental Report shows that asking rents are now lower than they were last fall, placing the region firmly within the national rental cooldown.
Even so, affordability remains a key concern for many households.
Portland-area rents decline, easing pressure modestly
The Portland-Vancouver-Hillsboro area posted a 2.6% year-over-year decline in median asking rent for 0- to 2-bedroom units in November…