Matrix Multifamily Portland Report-October 2025

Portland's Strengths and Stumbles

Portland’s advertised asking rents were up 0.1 percent on a T3 basis through August, akin to the U.S. average. All in all, the metro's core metrics painted a varied picture, with a shaky local economy but strong sales totaling $720 million and developers pushing ahead with 5,700 units underway.

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