What experts are calling a "perfect storm" of factors has driven rents to all-time highs, including in the Portland metro.
The national average apartment rent increased to $1,736 per month in the second quarter — a 17% increase from a year ago — according to data from RealPage Market Analytics. That amounts to a $251 increase per month at a time when inflation is soaring across the nation.
In the Portland area, rents are up 13% compared with the second quarter of 2021. That is an average annual…
