Laurelhurst / Hollywood, OR
August 2026
97212,97213
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,331 – $1,442 | -4.56% | -6.56% |
| 2-Bedroom | $1,758 – $1,904 | 1.69% | 0.99% |
| 3-Bedroom | $2,536 – $2,730 | -1.56% | -3.26% |
| 4-Bedroom | $3,543 – $3,800 | -1.25% | -1.74% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,400 – $1,486 | -3.39% | -10.14% |
| 2-Bedroom | $1,906 – $2,004 | 1.89% | 0.51% |
| 3-Bedroom | $2,969 – $3,152 | 0.96% | -0.67% |
| 4-Bedroom | $3,702 – $3,822 | 0.94% | 0.60% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,700 – $1,841 | -10.04% | -12.36% |
| 2-Bedroom | $2,163 – $2,306 | -0.22% | -3.83% |
| 3-Bedroom | $2,932 – $3,114 | -2.36% | -1.07% |
| 4-Bedroom | $3,489 – $3,742 | 0.77% | -0.61% |
In the Laurelhurst / Hollywood (97212, 97213) rental market, 1-bedroom single-family homes saw median rents down -12.36% year-over-year, reaching $1,771. This steep decline distinguishes the segment from comparably sized apartments and condo/townhomes, indicating softer demand for entry-level single-family options in Laurelhurst / Hollywood (97212, 97213).
Rent levels for 2-bedroom condo/townhomes in Laurelhurst / Hollywood (97212, 97213) surpassed their apartment peers by $124, with condos at $1,955 and apartments at $1,831. Both segments posted positive MoM growth, with condos up 1.89% and apartments increasing 1.69% in August 2026.
Demand for multi-family units is evident as Laurelhurst / Hollywood (97212, 97213) rental trends highlight a 0.96% MoM increase for 3-bedroom condo/townhomes, achieving $3,061. By comparison, 3-bedroom single-family homes declined -2.36% MoM, signaling a shift in renter preferences for larger spaces.