From Lifeability’s Facebook page:
With vacancy rates among the lowest of major cities, no wonder rent is rising. Predictions are it will continue to be a tight rental market for a few years.



Portland continues to be one of the nation’s hottest apartment rental markets. Vacancy rates are some of the lowest among major cities, just around 3 percent, and that’s why rents continue to rise.


Read more: http://www.kgw.com/news/business/Portland-rental-market-continues-to-raise-rents