Portland’s Rental Units Continue to Decline

A study by Wilkerson, Havlik and Rogers reveals that the number of single-family detached rental units in the City of Portland declined from 2,599 units in 2016 to 1,880 in 2020, a loss of 719 units. Here are some more interesting statistics:

  • The number of single-family detached rental units in the City of Portland declined
    from 2,599 units in 2016 to 1,880 in 2020, a loss of 719 units.
    • A 28% reduction in the stock of detached rental housing
    • The share of detached homes that were rental units decreased from 20.5% to 14.5%
    • There are approximately 140,000 rental units in the city
    • 6,300 of them are 3+ bedroom market-rate units (4.5% of the stock of all rental units)
    • Losing 719 units (detached housing) is a 10% reduction of 3+ bedroom rental units
The very detailed study by Wilkerson, Havlik, and Rogers can be found here.
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About Jeff Sorg

Jeff Sorg holds vocational and post-secondary school instructor licenses in several states and has authored numerous real estate continuing education and pre-licensing courses. Sorg is awarded the International Distance Education Certification Center's CDEi Designation for distance education. Memberships include ARELLO (Association of Real Estate License Law Officials), REEA (Real Estate Educators Association) the National Association of REALTORS®, Oregon Association of REALTORS®, and Portland Metro Association of REALTORS®. Awards and service include REALTOR® Emeritus; Life Member award; 2020, 2021, 2022 Chairperson of the Oregon Real Estate Forms Committee; Oregon REALTORS State Director. More on request.