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Updated over 8 years ago,
Rental Statistics for Portland OR
So we're looking for a rental property for an out of town client, but I also am looking for data to assist in purchasing our next rental house for us. Is there anywhere that has statistics on average rental price and vacancy rates by neighborhood in Portland metro area?
Maybe some of you can chime in on your current favorite areas. Client wants LO or other higher end neighborhood, but we are advising to stay closer in where rentals are snatched up quickly since there is a high desire for the urban experience and older neighborhoods.
When we show them places like Irvington, Alameda, Hollywood they look online and say "there was two shootings near there in the last year," which is true but they are also some of the highest desired areas in town. I get the whole mantra of looking for the best schools, lowest crime rates (like LO or Dunthorpe) but I feel like getting long term tenants and quick turnover is harder in those areas. Maybe I'm wrong. That's why I'm looking for data.
Thanks much!