If managing your property has become too stressful, consider hiring a professional property manager in Portland. Property managers are experienced with the daily tasks and requirements of running an income-producing property and will generally charge about a 10% fee. Managers become the first point of contact for tenants, handle the financial tasks like overseeing expenses and collecting rent, and coordinate third party services like maintenance and trash removal.

Portland managers are always aware of what's going on in the market. Here are a few factors to consider when renting or leasing in Portland. The Portland Metropolitan Area is home to approximately 2 million people and the city itself has a population of about 575,930 (as estimated in 2008). With approximately 237,307 total housing units in the city, residential rental rates average between $604-$1,415.

People seeking to live in a large West Coast city that isn’t entirely lost to the urban environment frequently move to Portland, Oregon. That’s because Portland is one of the largest cities on the West Coast but it’s an eco-friendly city that has many of the small community features you’d expect to find in a much smaller town.

Located in the North coastal part of Oregon, Portland draws in visitors primarily because of the natural beauty found there. Known as “the city of roses”, it is filled with numerous rose gardens and other urban park features. These are enjoyed by bicyclists; biking is the most popular form of transportation in Portland. Farmers’ markets, hiking groups and other outdoor community events are also favored here. Portland is an easy city to navigate because it’s built on a basic grid system although roads get a little more confusing in the hillier sections of the city. Downtown Portland is popular among business people and students. Northwest Portland is favored by artists interested in loft-style living; the area was a warehouse district that was recently converted into residential buildings.

Portland has several neighborhoods of cultural interest (Chinatown and Little Tokyo, for example). Southeast Portland is considered highly diverse and tends to be where the most affordable housing is at this time although revitalization of the area is rapidly driving costs up. When moving to the area, be prepared to do a lot of walking as Portland is pedestrian-friendly and best enjoyed on foot.