Forest Grove / Cornelius, OR
August 2026
97113,97116
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,404 – $1,491 | -5.80% | -10.05% |
| 2-Bedroom | $1,639 – $1,758 | -2.35% | -6.59% |
| 3-Bedroom | $2,545 – $2,741 | -1.67% | -3.90% |
| 4-Bedroom | $3,687 – $3,830 | 0.79% | 0.26% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,504 – $1,629 | -6.06% | -10.75% |
| 2-Bedroom | $1,616 – $1,751 | -11.36% | -16.05% |
| 3-Bedroom | $2,587 – $2,803 | -6.80% | -7.99% |
| 4-Bedroom | $3,678 – $3,836 | 0.79% | 0.26% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,095 – $2,266 | 0.00% | -21.85% |
| 2-Bedroom | $1,876 – $2,032 | -11.73% | -15.36% |
| 3-Bedroom | $2,513 – $2,723 | -2.34% | -7.26% |
| 4-Bedroom | $3,108 – $3,300 | 0.44% | -1.81% |
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.
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.
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.