Cedar Mill / Bethany, OR
August 2026
97229
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,510 – $1,669 | 0.69% | -2.28% |
| 2-Bedroom | $1,767 – $1,953 | -1.29% | -2.07% |
| 3-Bedroom | $2,268 – $2,506 | -3.79% | -8.79% |
| 4-Bedroom | $3,687 – $3,830 | 0.76% | 0.46% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,491 – $1,599 | -4.04% | -7.77% |
| 2-Bedroom | $1,971 – $2,101 | 6.48% | 5.71% |
| 3-Bedroom | $2,516 – $2,753 | 1.84% | -0.59% |
| 4-Bedroom | $3,653 – $3,836 | 0.78% | -0.21% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,146 – $2,266 | 0.00% | -20.39% |
| 2-Bedroom | $2,191 – $2,304 | -0.02% | -1.90% |
| 3-Bedroom | $2,641 – $2,890 | 1.13% | -1.26% |
| 4-Bedroom | $2,943 – $3,286 | -4.04% | -6.04% |
In the Cedar Mill / Bethany (97229) rental market, 2-bedroom condos and townhomes increased by 6.48% month-over-month, reaching a median rent of $2,036 in August 2026. This segment also posted a 5.71% year-over-year rise, standing out for its price growth relative to other property types and bedroom counts.
Rents for 3-bedroom apartments in Cedar Mill / Bethany (97229) dropped 3.79% from last month to $2,387, and declined -8.79% year-over-year. This segment’s annual decrease is greater than reductions seen in 3-bedroom condos or single-family homes, signaling weaker demand for larger apartment units.
Looking at segment performance, Cedar Mill / Bethany (97229) rental trends show that 1-bedroom single-family homes saw the steepest annual drop, down -20.39% to $2,235. These homes now trail 1-bedroom apartments by $645 and 1-bedroom condos by $690, reducing their appeal among smaller rental options.