{"id":11047,"date":"2026-07-03T11:58:00","date_gmt":"2026-07-03T11:58:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=11047"},"modified":"2026-11-03T12:04:58","modified_gmt":"2026-11-03T12:04:58","slug":"portland-multifamily-market-report-june-2026","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/portland-multifamily-market-report-june-2026\/","title":{"rendered":"Portland Multifamily Market Report \u2013 June 2026"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/portland-multifamily-market-report\/\">Portland Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Fundamentals Hold Amid Headwinds<\/h2>\n<p>Portland\u2019s average advertised asking rent was unchanged on a trailing three-month basis as of April, at $1,736. This marked an improvement over the first quarter of 2026, when rates contracted. Meanwhile, the U.S. figure increased 0.2%, to $1,758. The market\u2019s occupancy rate in stabilized assets was 94.5% as of March, slightly outperforming the 94.2% national average, as noted in the <a href=\"\/blog\/national-multifamily-market-report\/\" rel=\"\"><strong>U.S. multifamily report<\/strong><\/a>.<\/p>\n<p><iframe id=\"datawrapper-chart-m3BE8\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Portland vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/m3BE8\/1\/\" height=\"327\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>Greater Portland\u2019s unemployment rate was 5.2% as of March, according to preliminary data from the Bureau of Labor Statistics. The figure significantly lagged the 4.3% national average. The metro lost 8,600 jobs during the past year. Just three employment sectors recorded gains, led by education and health services (4,700 jobs). Meanwhile, the metro has several significant health care projects underway. Kaiser Permanente began construction on the 615,000-square-foot expansion at its Sunnyside Medical Center in Clackamas, Ore. Designed as the state\u2019s first fully electric hospital, the addition is expected to come online in 2029.<\/p>\n<p><iframe id=\"datawrapper-chart-gjFfV\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Portland Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/gjFfV\/1\/\" height=\"423\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>During the first four months of 2026, developers added 405 units to Portland\u2019s stock, on the heels of 5,725 units delivered in 2025. The metro had close to 4,400 apartments under construction as of April, and Yardi Matrix projects a slowing pipeline for at least a couple of years. Meanwhile, Portland sales were muted during the first four months of 2026, totaling $78 million.<\/p>\n<p>Read the full Yardi Matrix Portland Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/8828-MatrixMultifamilyPortlandReport-June2026\" rel=\"\"><strong>June 2026<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Fundamentals Hold Amid Headwinds Portland\u2019s average advertised asking rent was unchanged on a trailing three-month basis as of April, at $1,736. This marked an improvement over the first quarter of 2026, when rates contracted. Meanwhile, the U.S. figure increased 0.2%, to $1,758. The market\u2019s occupancy rate in stabilized assets was 94.5% as of March, slightly [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":10555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[519,458],"class_list":["post-11047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2026","tag-portland"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Portland Multifamily Market Report \u2013 June 2026 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Portland\u2019s advertised asking rents were flat on a T3 basis through April, an improvement over the first quarter, Yardi Matrix reports.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/portland-multifamily-market-report-june-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portland Multifamily Market Report \u2013 June 2026\" \/>\n<meta property=\"og:description\" content=\"Portland\u2019s advertised asking rents were flat on a T3 basis through April, an improvement over the first quarter, Yardi Matrix reports.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/portland-multifamily-market-report-june-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-03T11:58:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-03T12:04:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/Portland-iStock-2271915712-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Agota Felhazi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Portland Multifamily Market Report \u2013 June 2026 - 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