$2,050 Per Month
- 3 Beds
- 1.5 Baths
- 1,098 Sq Ft
- LF1460-B
1098 SW Hensley Rd Unit 1098, Troutdale, OR 97060
Frequently Asked Questions
How much does it cost to rent a condo in Troutdale, OR?
The median rent for a condo in Troutdale, OR is $2,050 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Troutdale, OR?
To comfortably afford the median rent in Troutdale, OR, a household needs to earn roughly $89,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,245 per month in Troutdale, OR, renters typically need to show $6,735 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Troutdale, OR?
In Troutdale, OR, the price-to-rent ratio is 18.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Troutdale, OR are best for renting a condo?
The best neighborhood for renting in Troutdale, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Rockwood, Centennial, Argay, Hazelwood and Powellhurst-Gilbert, each with its own character and price range.
