{"id":9621,"date":"2025-07-11T08:09:00","date_gmt":"2025-07-11T08:09:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9621"},"modified":"2025-11-13T08:16:09","modified_gmt":"2025-11-13T08:16:09","slug":"portland-multifamily-market-report-june-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/portland-multifamily-market-report-june-2025\/","title":{"rendered":"Portland Multifamily Market Report \u2013 June 2025"},"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>Portland\u2019s Muted Performance<\/h2>\n<p>Portland\u2019s average advertised asking rents were up a modest 0.1%, on a trailing three-month basis as of April, to $1,759, while the U.S. figure climbed 0.2% during the same interval, as noted in the <a href=\"\/blog\/national-multifamily-market-report\/\" rel=\"\"><strong>national multifamily report<\/strong><\/a>. This marked the first month of improvement after six months of negative performance. The metro\u2019s average occupancy rate in stabilized properties stood at 94.6% as of March, posting a 20-basis\u0002point contraction year-over-year, as per the latest Yardi Matrix Portland multifamily market report<\/p>\n<p><iframe id=\"datawrapper-chart-ZkZJY\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Portland vs. National Rent Growth \" src=\"https:\/\/datawrapper.dwcdn.net\/ZkZJY\/1\/\" height=\"329\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Interactive line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>Portland\u2019s unemployment rate clocked in at 4.9% as of March, 70 basis points above the national rate, according to preliminary data from the Bureau of Labor Statistics. Four sectors registered growth, led by education and health services, which added 5,400 jobs to the workforce. The local economy could benefit from the development of the Portland Diamond Project\u2014a baseball stadium dubbed Zidell Yards. The Oregon Senate passed a funding bill in April, which would authorize $800 million in privately backed bonds<br \/>to support the project. If the city secures an MLB team, construction on the $2 billion development will start in 2027.<\/p>\n<p><iframe id=\"datawrapper-chart-sqg4b\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Portland Employment Share by Sector  \" src=\"https:\/\/datawrapper.dwcdn.net\/sqg4b\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>With just 1,806 units, or 0.9% of existing stock, delivered through August, the metro only surpassed the nation by 10 basis points. Construction starts also decreased by almost 70% in the first four months of this year, compared to the same interval in 2024. Transaction activity remains moderate, as the metro recorded $244 million in deals.<\/p>\n<p>Read the full Yardi Matrix Portland Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/7388-MatrixMultifamilyPortlandReport-June2025\" rel=\"\"><strong>June 2025<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Portland\u2019s Muted Performance Portland\u2019s average advertised asking rents were up a modest 0.1%, on a trailing three-month basis as of April, to $1,759, while the U.S. figure climbed 0.2% during the same interval, as noted in the national multifamily report. This marked the first month of improvement after six months of negative performance. The metro\u2019s [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[513,458],"class_list":["post-9621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2025","tag-portland"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Portland Multifamily Market Report \u2013 June 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Advertised asking rents in Portland were up 0.1 percent on a T3 basis through April, to $1,759, 10 bps below the U.S. figure.\" \/>\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-2025\/\" \/>\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 2025\" \/>\n<meta property=\"og:description\" content=\"Advertised asking rents in Portland were up 0.1 percent on a T3 basis through April, to $1,759, 10 bps below the U.S. figure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/portland-multifamily-market-report-june-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-11T08:09:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-13T08:16:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/03\/Portland-iStock-2187760228-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=\"Madalina Pojoga\" \/>\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 2025 - 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