Matrix Multifamily Portland Report-June 2026

Portland prevails

Portland’s advertised asking rents were flat on a T3 basis through April, an improvement over the first quarter, while occupancies loosened slightly but outperformed the U.S. average at 94.5 percent. However, the metro’s multifamily market still has to contend with a weak economy and 4,400 units under construction, with many more in the pipeline.

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