Apartments for rent Portland, OR
Known for its diverse population, funky and eclectic neighborhoods, and its cultural attractions, Portland is one of the most popular cities in the Pacific Northwest. Portland is home to artists, professionals, young families, and seniors. The thriving rental market in Portland makes the city accessible for those that want to experience life in the city. There are apartments for rent in Portland Oregon that are affordable for many types of budgets. College students are able to find studio or shared apartments near campus and professionals can find luxury apartments near downtown.
Apartment living in Portland is popular for everyone from students to seniors for a variety of reasons. The affordability of renting cheap apartments is a big draw for students whereas the modern amenities are attractive to busy professionals that like the idea of having everything in one place. Many rental communities offer their residents a social calendar throughout the month, including sip and paint nights, movie nights for the family, or happy hours. Getting to know the neighbors is no longer a thing of the past in many communities.
Cost of living
Portland has a higher cost of living than many cities in the United States. Like other cities on the West Coast it experienced a boom with the tech industry that caused the cost of living to rise. That is why it is best to have a job lined up before making a move to the city. A great thing about living in Portland is that Oregon has no sales tax. However, it is still important to budget wisely and plan for expenses since Portland's income tax is higher than the national average. There is plenty to do in the city from visiting one of the many food trucks or microbreweries.
Apartment Rental Statistics Portland, OR
Renting tips & advice
Before signing a lease in Portland, or potential renters should consider the following advice to make sure they are making the best decision.
Location, Location, Location
Portland is the largest city in Oregon with nearly 100 neighborhoods to pick from. Each neighborhood has its own flare and feel, make sure to visit a handful of Portland apartments for rent to understand the type of neighborhood you will potentially move into, such as a quiet or active community. Anyone in the market for an apartment rental will want to make sure they pick a neighborhood that fits their personality and isn't too far from work. Rush hour in Portland can be brutal and nobody wants to spend all of their time stuck in traffic. Luckily, Portland does have public transportation, so residents can find apartments or houses to rent that will allow them to walk to transit stops and avoid some of the congestion.
It's important to make sure that living in Portland is affordable and to do that a budget is important. Portland has apartments, studio apartments, houses, and townhouses for rent that can meet almost any budget. After figuring out monthly expenses it's helpful to utilize an apartment finder to locate affordable homes. These services can help make sure that renters don't become house poor and fall in love with apartments that they cannot afford. Many apartment finder websites will let users search by budget and location. Searching for cheap apartments for rent in Portland Oregon using filters to adjust the amount you are willing to pay for rent will save you a lot of time.
Features and Amenities
Rental properties come with a wide range of amenities and features. After deciding on a rental budget and neighborhood rental shoppers should come up with a list of amenities and features they want and order them from which are most important to least important. Many renters want in-unit washers and dryers, while others would forgo the washer and dryer if it meant living in a community that offers an indoor swimming pool.
Portland has been experiencing an influx of new residents, which means homes lease quickly. If a renter finds a home they really like, they should not take too much time to make their move. Waiting too long could be mean losing out on their dream home to other more aggressive renters.