Apartment vacancy rates in downtown Portland are declining. The current vacancy rate of 7.7% reflects a one-year change of negative 1.4% and now tracks with the Greater Portland rate of 7.3%.
Multifamily occupancy rates in downtown Portland, Oregon, quietly strengthen
Limited new supply has helped vacancy rate reach second-lowest mark in past five years
By John Gillem
CoStar AnalyticsSeptember 29, 2025 | 4:26 P.M.
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