Rents in Portland and Vancouver are rising faster than
nearly anywhere else in the nation, according to a new analysis.
(Randy L. Rasmussen/The Oregonian)
The price of renting a two-bedroom apartment in Vancouver –
Washington, not Canada – rose faster this summer than any other city in
the country, according to an analysis by the online rental marketplace Apartment List.
Portland and Seattle weren't far behind. Those cities tied for third place, with Miami being the only city outside of the Pacific Northwest in the top four.
Vancouver showed a 9.8 percent year-over-year increase in rent in July, according to the website. Miami rents increased by 9.3 percent, and Seattle and Portland came in at 8.5 percent.
Portland also has the 13th-highest rent in the nation, with a two-bedroom apartment averaging $1,550 per month. Seattle, at $2,100 a month, ranked eighth on the list. Vancouver was lower on the list – a two-bedroom apartment there rented for $1,050 in July, according to Apartment List.
San Francisco had the highest rents in the nation, by far, with a two-bedroom apartment averaging $4,750, the analysis found. New York came in second at $3,390.
To come up with the rankings, Apartment List used the "several hundred thousand" monthly listings on its website.
-- Luke Hammill
lhammill@oregonian.com
503-294-4029
@lucashammill
Portland and Seattle weren't far behind. Those cities tied for third place, with Miami being the only city outside of the Pacific Northwest in the top four.
Vancouver showed a 9.8 percent year-over-year increase in rent in July, according to the website. Miami rents increased by 9.3 percent, and Seattle and Portland came in at 8.5 percent.
Portland also has the 13th-highest rent in the nation, with a two-bedroom apartment averaging $1,550 per month. Seattle, at $2,100 a month, ranked eighth on the list. Vancouver was lower on the list – a two-bedroom apartment there rented for $1,050 in July, according to Apartment List.
San Francisco had the highest rents in the nation, by far, with a two-bedroom apartment averaging $4,750, the analysis found. New York came in second at $3,390.
To come up with the rankings, Apartment List used the "several hundred thousand" monthly listings on its website.
-- Luke Hammill
lhammill@oregonian.com
503-294-4029
@lucashammill
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