Portland\u2019s average advertised asking rent dropped 0.6% on a trailing three-month basis, as of December 2025, reaching $1,727. Meanwhile, the national rate declined by only half that amount, sliding to $1,737. Metro Portland’s occupancy rate for stabilized assets clocked in at 95.0% in November, or 40 basis points above the U.S. average, as noted in the national multifamily report<\/strong><\/a>.<\/p>\n