Portland’s multifamily market remains strong as rents level off

A report released by Yardi Matrix this summer indicates that Portland’s multifamily market growth continues as rent prices begin to level off. Portland’s rapid expansion has led to a surge in construction jobs and economic opportunity. Investors are drawn by the city’s strong economy and growing population.

The Portland metro area is adding jobs across the board, with the largest sector expansions in construction, financial activities and information recording. As the city’s economy continues to thrive and the area adds residents at double the national rate, there is no shortage of large development projects.

For more information, contact Nate Collins, trade ally coordinator, at 503.278.3075.