Oh God, The Median Rent on a Portland Apartment Just Hit $1,400

That's another 2.9 percent hike over the last month.

By Rachel Monahan

Can anything stop the Portland rent rise?

The median price for a one-bedroom apartment in Portland hit $1,400 in July, going up 2.9 percent over the last month, according to Zumper's August 2016 National Rent Report.

At this point, such dire news has become typical: In June, median rent for a Portland one-bedroom apartment climbed 3.8 percent in June to $1,360 a month.

Related: What city could you move to that's getting cheaper?

Portland continues to be the 15th most expensive city in the nation for renters.

Nationwide median rent is up too, but just slightly: 0.8 percent to $1,158 for a one-bedroom and 3.8 percent to $1,660 for a two-bedroom.

Here's where Portland landed:

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