Rent Hikes Are Coming To An End Across the U.S.—But Not In Portland

Renters in only four U.S. cities are expected to see their monthly bills rise faster than Portland.

By Rachel Monahan

Rents in Portland will rise again this year—by 3.8 percent—while across the U.S. rent is expected to rise just 1.1 percent, the real estate company Zillow projected Friday.

Renters in only four U.S. cities are expected to see their monthly bills rise faster than Portland: San Jose (with a projected 7.8 percent increase), San Francisco (with 5.9 percent), Seattle (with 4.5 percent) and Denver (with 4 percent).

All four of those cities also remain more expensive than Portland.

In contrast, renters in Indianapolis, Las Vegas and Chicago are projected to see a decrease in their monthly bills.

The good news, if there is any: rent hikes won't be as dramatic as last year. In 2015, Portland saw a 9.7 percent rise in rents, according to Zillow. Only San Francisco saw faster growth last year, with rent up 12.5 percent.

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