Sellwood / Westmoreland, OR
August 2026
97202,97206
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,384 – $1,499 | -0.10% | -3.07% |
| 2-Bedroom | $1,682 – $1,860 | 2.25% | -2.42% |
| 3-Bedroom | $2,501 – $2,737 | 3.04% | -2.03% |
| 4-Bedroom | $3,476 – $3,728 | -2.14% | -2.71% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,467 – $1,542 | -0.35% | -1.43% |
| 2-Bedroom | $1,863 – $1,958 | 3.86% | -2.11% |
| 3-Bedroom | $2,593 – $2,809 | -5.89% | -8.83% |
| 4-Bedroom | $3,668 – $3,923 | 1.73% | 1.03% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,610 – $1,744 | -9.66% | -12.04% |
| 2-Bedroom | $2,116 – $2,256 | -0.18% | -4.55% |
| 3-Bedroom | $2,746 – $3,005 | 1.73% | 0.98% |
| 4-Bedroom | $3,378 – $3,623 | 2.42% | 2.96% |
In the Sellwood / Westmoreland (97202, 97206) rental market, median rent for 1-bedroom apartments fell 3.07% year-over-year to $1,442 as of August 2026. This segment also trails 1BR condos, which rent for $1,505, and 1BR single-family homes, which command $1,677 for comparable units.
Among 2-bedroom units in Sellwood / Westmoreland (97202, 97206), condo/townhomes achieved a median rent of $1,910 after a 3.86% MoM rise, while apartments increased 2.25% to $1,771. This $139 premium highlights the stronger pricing power of condos in this segment.
Annual gains in Sellwood / Westmoreland (97202, 97206) rental trends show that 4-bedroom single-family homes posted the largest year-over-year increase, climbing 2.96% to a median rent of $3,501—outperforming all comparable property types for larger homes.