Lents / Outer Southeast, OR
August 2026
97233,97236,97266
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,335 – $1,438 | 0.16% | -4.02% |
| 2-Bedroom | $1,495 – $1,652 | 3.36% | 2.25% |
| 3-Bedroom | $1,934 – $2,138 | -3.71% | -7.77% |
| 4-Bedroom | $3,502 – $3,756 | -1.61% | -2.54% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,227 – $1,302 | -7.06% | -12.07% |
| 2-Bedroom | $1,468 – $1,565 | -2.80% | -3.71% |
| 3-Bedroom | $2,120 – $2,274 | -2.86% | -6.05% |
| 4-Bedroom | $3,420 – $3,720 | -2.87% | -3.87% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,753 – $1,899 | -11.58% | -12.60% |
| 2-Bedroom | $1,879 – $2,016 | -4.40% | -9.24% |
| 3-Bedroom | $2,344 – $2,499 | -2.33% | -4.40% |
| 4-Bedroom | $2,754 – $3,014 | -9.63% | -10.30% |
Within Lents / Outer Southeast (97233, 97236, 97266), 2-bedroom apartment rents climbed 3.36% month-over-month to $1,574 in August 2026. This segment’s median is now $58 above 2-bedroom condo/townhomes, which saw a decrease, reflecting a divergence in price movements across property types.
The 1-bedroom apartment segment in Lents / Outer Southeast (97233, 97236, 97266) posted a 0.16% monthly gain to $1,386, while 1-bedroom condo/townhomes declined 7.06% in the same period to $1,265. Apartments outperform condos here by $121 based on current median rent.
A sharp retreat in 4-bedroom single-family rents is influencing Lents / Outer Southeast (97233, 97236, 97266) rental trends, as median rent dropped 9.63% month-over-month to $2,884. This rate of decline exceeds the losses seen in large apartments and condo/townhomes, signaling increased pricing pressure on detached homes.