{
  "schema_version": "1.0",
  "submarket": {
    "slug": "multnomah-village-sw-hills-or",
    "name": "Multnomah Village / SW Hills",
    "state": "OR",
    "city": "PORTLAND",
    "cbsa": "Portland-Vancouver-Hillsboro",
    "zip_codes": [
      "97219",
      "97221",
      "97239"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T17:21:12.330Z",
    "last_updated_at": "2026-10-03T11:37:36.610Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1573,
        "low": 1510,
        "high": 1636,
        "mom_pct": 7.442857142857143,
        "yoy_pct": 0.7095566502463054
      },
      "2br": {
        "median": 1709,
        "low": 1624,
        "high": 1794,
        "mom_pct": 1.7190972222222218,
        "yoy_pct": -2.2041666666666666
      },
      "3br": {
        "median": 2482,
        "low": 2395,
        "high": 2569,
        "mom_pct": -5.4524,
        "yoy_pct": -8.8916
      },
      "4br": {
        "median": 3756,
        "low": 3704,
        "high": 3858,
        "mom_pct": 1.221,
        "yoy_pct": 0.562
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1571,
        "low": 1516,
        "high": 1626,
        "mom_pct": -3.2042857142857137,
        "yoy_pct": -7.185238095238095
      },
      "2br": {
        "median": 1943,
        "low": 1881,
        "high": 2005,
        "mom_pct": 1.3606451612903225,
        "yoy_pct": -4.706129032258065
      },
      "3br": {
        "median": 2923,
        "low": 2815,
        "high": 3031,
        "mom_pct": -1.416470588235294,
        "yoy_pct": -3.0429411764705883
      },
      "4br": {
        "median": 3786,
        "low": 3700,
        "high": 3891,
        "mom_pct": 1.514,
        "yoy_pct": 0.765
      }
    },
    "single_family": {
      "1br": {
        "median": 1993,
        "low": 1929,
        "high": 2057,
        "mom_pct": -4.246363636363636,
        "yoy_pct": -5.491818181818181
      },
      "2br": {
        "median": 1938,
        "low": 1861,
        "high": 2016,
        "mom_pct": -16.82324324324324,
        "yoy_pct": -17.89891891891892
      },
      "3br": {
        "median": 3035,
        "low": 2944,
        "high": 3126,
        "mom_pct": -0.7547368421052628,
        "yoy_pct": -2.8865789473684216
      },
      "4br": {
        "median": 3599,
        "low": 3473,
        "high": 3725,
        "mom_pct": 1.0562500000000001,
        "yoy_pct": -0.47625
      }
    }
  },
  "vacancy": 3.6452000000000004,
  "days_on_market": {
    "apartment": 34,
    "condo_townhome": 31,
    "single_family": 24
  },
  "ai_summary": [
    {
      "headline": "1BR apartments surge 7.4% MoM to $1,573",
      "body": "In the Multnomah Village / SW Hills (97219, 97221, 97239) rental market, 1-bedroom apartments climbed by 7.4% month-over-month, reaching a median rent of $1,573 in August 2026. This segment also posted a modest 0.7% year-over-year gain, signaling renewed momentum for smaller units in Multnomah Village / SW Hills (97219, 97221, 97239)."
    },
    {
      "headline": "Single-family 2BRs decline 16.8% MoM",
      "body": "The 2-bedroom single-family segment in Multnomah Village / SW Hills (97219, 97221, 97239) experienced a sharp drop, falling 16.8% month-over-month to $1,938 and marking a 17.9% decrease year-over-year. This notable contraction sets single-family 2BR homes apart from other property types in the same bedroom category."
    },
    {
      "headline": "3BR condos exceed apartments by $441",
      "body": "Multnomah Village / SW Hills (97219, 97221, 97239) rental trends show that 3-bedroom condos achieved a median rent of $2,923, outperforming 3-bedroom apartments by $441. Despite this premium, both segments posted negative year-over-year changes, with apartments down 8.9% and condos dipping 3.0%."
    }
  ],
  "summary": {
    "canonical": [],
    "qa": []
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1573,
          "2br": 1709,
          "3br": 2482,
          "4br": 3756
        },
        "condo_townhome": {
          "1br": 1571,
          "2br": 1943,
          "3br": 2923,
          "4br": 3786
        },
        "single_family": {
          "1br": 1993,
          "2br": 1938,
          "3br": 3035,
          "4br": 3599
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1458,
          "2br": 1718,
          "3br": 2652,
          "4br": 3710
        },
        "condo_townhome": {
          "1br": 1617,
          "2br": 1948,
          "3br": 2994,
          "4br": 3731
        },
        "single_family": {
          "1br": 2082,
          "2br": 2328,
          "3br": 3090,
          "4br": 3581
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1477,
          "2br": 1676,
          "3br": 2632,
          "4br": 3682
        },
        "condo_townhome": {
          "1br": 1593,
          "2br": 1928,
          "3br": 2949,
          "4br": 3699
        },
        "single_family": {
          "1br": 2062,
          "2br": 2312,
          "3br": 3063,
          "4br": 3563
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1472,
          "2br": 1673,
          "3br": 2631,
          "4br": 3645
        },
        "condo_townhome": {
          "1br": 1569,
          "2br": 1953,
          "3br": 2929,
          "4br": 3663
        },
        "single_family": {
          "1br": 2051,
          "2br": 2303,
          "3br": 3039,
          "4br": 3546
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1435,
          "2br": 1662,
          "3br": 2621,
          "4br": 3620
        },
        "condo_townhome": {
          "1br": 1541,
          "2br": 1944,
          "3br": 2935,
          "4br": 3639
        },
        "single_family": {
          "1br": 2034,
          "2br": 2305,
          "3br": 3040,
          "4br": 3519
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1511,
          "2br": 1692,
          "3br": 2646,
          "4br": 3614
        },
        "condo_townhome": {
          "1br": 1583,
          "2br": 1939,
          "3br": 2957,
          "4br": 3639
        },
        "single_family": {
          "1br": 2064,
          "2br": 2293,
          "3br": 3058,
          "4br": 3523
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1456,
          "2br": 1729,
          "3br": 2654,
          "4br": 3638
        },
        "condo_townhome": {
          "1br": 1598,
          "2br": 1964,
          "3br": 2977,
          "4br": 3671
        },
        "single_family": {
          "1br": 2081,
          "2br": 2313,
          "3br": 3085,
          "4br": 3556
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1454,
          "2br": 1727,
          "3br": 2680,
          "4br": 3680
        },
        "condo_townhome": {
          "1br": 1619,
          "2br": 2001,
          "3br": 3005,
          "4br": 3713
        },
        "single_family": {
          "1br": 2100,
          "2br": 2295,
          "3br": 3095,
          "4br": 3590
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1457,
          "2br": 1781,
          "3br": 2723,
          "4br": 3728
        },
        "condo_townhome": {
          "1br": 1637,
          "2br": 2035,
          "3br": 3027,
          "4br": 3751
        },
        "single_family": {
          "1br": 2115,
          "2br": 2316,
          "3br": 3116,
          "4br": 3621
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1492,
          "2br": 1748,
          "3br": 2740,
          "4br": 3760
        },
        "condo_townhome": {
          "1br": 1613,
          "2br": 2043,
          "3br": 3033,
          "4br": 3772
        },
        "single_family": {
          "1br": 2131,
          "2br": 2334,
          "3br": 3126,
          "4br": 3645
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1481,
          "2br": 1742,
          "3br": 2752,
          "4br": 3769
        },
        "condo_townhome": {
          "1br": 1638,
          "2br": 2032,
          "3br": 3042,
          "4br": 3780
        },
        "single_family": {
          "1br": 2131,
          "2br": 2382,
          "3br": 3160,
          "4br": 3650
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1508,
          "2br": 1760,
          "3br": 2735,
          "4br": 3756
        },
        "condo_townhome": {
          "1br": 1689,
          "2br": 2061,
          "3br": 3023,
          "4br": 3776
        },
        "single_family": {
          "1br": 2129,
          "2br": 2382,
          "3br": 3154,
          "4br": 3654
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/multnomah-village-sw-hills-or/",
    "self": "https://data.estaite.com/feeds/multnomah-village-sw-hills-or.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}