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 U.S. multifamily report<\/strong><\/a>.<\/p>\n