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Portland Remains Steady Portland rents turned negative in December, dropping 0.2 percent on a T3 basis, but that was on par with the national rate and annual rent growth rose 7.2 percent. And although deliveries softened, developers more than doubled the number of units that broke ground in 2022.
Portland rents turned negative in December, dropping 0.2 percent on a T3 basis, but that was on par with the national rate and annual rent growth rose 7.2 percent. And although deliveries softened, developers more than doubled the number of units that broke ground in 2022.
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