Regional News

Average Lease Cost Jumps 29-Percent In Portland

(Portland, OR) -- The cost of renting continues to go up everywhere, including in Portland. Redfin reports the average cost of a new lease is up 14-percent nationwide compared to last year. In Portland, the average cost of a new lease jumped 29-percent. Oregon now has a statewide rent control law that limits annual rent increases on occupied units to the consumer price index, plus seven-percent.

On Air Now

George Noorey
George Noorey
12:00am - 6:00am
Coast to Coast

Traffic

 

 

  • Click the link above to get the latest road conditions.

 

KBND ON FACEBOOK

 

FOLLOW US ON TWITTER

News Disclaimers