{
  "schema_version": "1.0",
  "submarket": {
    "slug": "forest-grove-cornelius-or",
    "name": "Forest Grove / Cornelius",
    "state": "OR",
    "city": "CORNELIUS",
    "cbsa": "Portland-Vancouver-Hillsboro",
    "zip_codes": [
      "97113",
      "97116"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T17:21:15.047Z",
    "last_updated_at": "2026-10-02T22:22:18.007Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1447,
        "low": 1404,
        "high": 1491,
        "mom_pct": -5.798,
        "yoy_pct": -10.047999999999998
      },
      "2br": {
        "median": 1698,
        "low": 1639,
        "high": 1758,
        "mom_pct": -2.3546153846153848,
        "yoy_pct": -6.586153846153847
      },
      "3br": {
        "median": 2643,
        "low": 2545,
        "high": 2741,
        "mom_pct": -1.668,
        "yoy_pct": -3.904
      },
      "4br": {
        "median": 3775,
        "low": 3687,
        "high": 3830,
        "mom_pct": 0.79,
        "yoy_pct": 0.26499999999999996
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1566,
        "low": 1504,
        "high": 1629,
        "mom_pct": -6.0566666666666675,
        "yoy_pct": -10.746666666666666
      },
      "2br": {
        "median": 1683,
        "low": 1616,
        "high": 1751,
        "mom_pct": -11.362222222222222,
        "yoy_pct": -16.052222222222227
      },
      "3br": {
        "median": 2695,
        "low": 2587,
        "high": 2803,
        "mom_pct": -6.79875,
        "yoy_pct": -7.99
      },
      "4br": {
        "median": 3811,
        "low": 3678,
        "high": 3836,
        "mom_pct": 0.79,
        "yoy_pct": 0.26
      }
    },
    "single_family": {
      "1br": {
        "median": 2182,
        "low": 2095,
        "high": 2266,
        "mom_pct": 0,
        "yoy_pct": -21.852500000000003
      },
      "2br": {
        "median": 1954,
        "low": 1876,
        "high": 2032,
        "mom_pct": -11.732857142857142,
        "yoy_pct": -15.358571428571427
      },
      "3br": {
        "median": 2618,
        "low": 2513,
        "high": 2723,
        "mom_pct": -2.3375,
        "yoy_pct": -7.259375
      },
      "4br": {
        "median": 3204,
        "low": 3108,
        "high": 3300,
        "mom_pct": 0.43818181818181823,
        "yoy_pct": -1.8063636363636364
      }
    }
  },
  "vacancy": 3.8592,
  "days_on_market": {
    "apartment": 32,
    "condo_townhome": 31,
    "single_family": 24
  },
  "ai_summary": [
    {
      "headline": "1BR apartments fall 10.05% YoY to $1,447",
      "body": "In the Forest Grove / Cornelius (97113, 97116) rental market, 1-bedroom apartments experienced the sharpest annual decline, dropping 10.05% year-over-year to a median rent of $1,447. A month-over-month decrease of 5.80% in August 2026 further signals waning demand for this segment relative to last year."
    },
    {
      "headline": "2BR condos drop 11.36% MoM to $1,683",
      "body": "Across Forest Grove / Cornelius (97113, 97116), 2-bedroom condos and townhomes saw a 11.36% month-over-month decline, bringing the median rent to $1,683. This segment now trails 2-bedroom apartments, which maintain a slightly higher median of $1,698, creating a $15 rental gap between the two."
    },
    {
      "headline": "4BR single-family median rises 0.44% MoM",
      "body": "For 4-bedroom homes, Forest Grove / Cornelius (97113, 97116) rental trends indicate a modest 0.44% month-over-month increase in the single-family segment, reaching a median rent of $3,204. This contrasts with annual declines seen elsewhere, emphasizing a slight upward shift for larger single-family properties."
    }
  ],
  "summary": {
    "canonical": [],
    "qa": []
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1447,
          "2br": 1698,
          "3br": 2643,
          "4br": 3775
        },
        "condo_townhome": {
          "1br": 1566,
          "2br": 1683,
          "3br": 2695,
          "4br": 3811
        },
        "single_family": {
          "1br": 2182,
          "2br": 1954,
          "3br": 2618,
          "4br": 3204
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1531,
          "2br": 1725,
          "3br": 2727,
          "4br": 3746
        },
        "condo_townhome": {
          "1br": 1682,
          "2br": 1842,
          "3br": 2921,
          "4br": 3781
        },
        "single_family": {
          "1br": 2182,
          "2br": 2181,
          "3br": 2704,
          "4br": 3187
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1537,
          "2br": 1765,
          "3br": 2680,
          "4br": 3715
        },
        "condo_townhome": {
          "1br": 1694,
          "2br": 1902,
          "3br": 2920,
          "4br": 3744
        },
        "single_family": {
          "1br": 2163,
          "2br": 2181,
          "3br": 2681,
          "4br": 3149
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1554,
          "2br": 1785,
          "3br": 2692,
          "4br": 3677
        },
        "condo_townhome": {
          "1br": 1721,
          "2br": 1926,
          "3br": 2899,
          "4br": 3698
        },
        "single_family": {
          "1br": 2145,
          "2br": 2183,
          "3br": 2688,
          "4br": 3108
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1603,
          "2br": 1747,
          "3br": 2667,
          "4br": 3646
        },
        "condo_townhome": {
          "1br": 1765,
          "2br": 1946,
          "3br": 2882,
          "4br": 3668
        },
        "single_family": {
          "1br": 2134,
          "2br": 2150,
          "3br": 2696,
          "4br": 3119
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1594,
          "2br": 1774,
          "3br": 2703,
          "4br": 3634
        },
        "condo_townhome": {
          "1br": 1749,
          "2br": 1921,
          "3br": 2874,
          "4br": 3662
        },
        "single_family": {
          "1br": 2136,
          "2br": 2206,
          "3br": 2661,
          "4br": 3124
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1614,
          "2br": 1783,
          "3br": 2727,
          "4br": 3659
        },
        "condo_townhome": {
          "1br": 1747,
          "2br": 1937,
          "3br": 2892,
          "4br": 3686
        },
        "single_family": {
          "1br": 2153,
          "2br": 2191,
          "3br": 2692,
          "4br": 3130
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1584,
          "2br": 1786,
          "3br": 2732,
          "4br": 3703
        },
        "condo_townhome": {
          "1br": 1777,
          "2br": 1960,
          "3br": 2917,
          "4br": 3717
        },
        "single_family": {
          "1br": 2174,
          "2br": 2232,
          "3br": 2723,
          "4br": 3143
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1590,
          "2br": 1805,
          "3br": 2734,
          "4br": 3753
        },
        "condo_townhome": {
          "1br": 1812,
          "2br": 1979,
          "3br": 2948,
          "4br": 3755
        },
        "single_family": {
          "1br": 2188,
          "2br": 2249,
          "3br": 2784,
          "4br": 3158
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1577,
          "2br": 1819,
          "3br": 2749,
          "4br": 3784
        },
        "condo_townhome": {
          "1br": 1791,
          "2br": 1981,
          "3br": 2966,
          "4br": 3786
        },
        "single_family": {
          "1br": 2200,
          "2br": 2244,
          "3br": 2796,
          "4br": 3187
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1591,
          "2br": 1828,
          "3br": 2775,
          "4br": 3793
        },
        "condo_townhome": {
          "1br": 1779,
          "2br": 1983,
          "3br": 2998,
          "4br": 3809
        },
        "single_family": {
          "1br": 2207,
          "2br": 2304,
          "3br": 2802,
          "4br": 3204
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1629,
          "2br": 1848,
          "3br": 2793,
          "4br": 3784
        },
        "condo_townhome": {
          "1br": 1801,
          "2br": 1985,
          "3br": 2996,
          "4br": 3812
        },
        "single_family": {
          "1br": 2207,
          "2br": 2309,
          "3br": 2830,
          "4br": 3223
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/forest-grove-cornelius-or/",
    "self": "https://data.estaite.com/feeds/forest-grove-cornelius-or.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}