Portland Office Space for Rent

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Renting Office Space in Portland

Office space for rent in Portland is in demand from tech firms, creative agencies, and professional services, driven by the city’s reputation as a hub of innovation and creativity. Many companies are drawn to the area's vibrant cultural landscape and strong economic outlook, making it an attractive location for both established firms and startups. Lease terms for office spaces in Portland show a balanced preference, with medium-term leases (3-5 years) being the most common, accounting for 42.75% of office deals. Shorter leases of 1-2 years make up 10.78%, while long-term leases of 5+ years account for 21.19%. Short-term leases of less than one year make up 5.58%, indicating some businesses' need for flexibility. Downtown Portland and the Pearl District are particularly popular for office space due to their connectivity, professional ambiance, and access to amenities that foster a dynamic work environment. As the city continues to attract innovative businesses and creative talent, the demand for centrally located office spaces is expected to grow steadily, supported by ongoing investments in urban infrastructure and community development.

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Popular Office Space in the Portland Market

Suite Rates in Portland

Suite Sizes in Portland

Neighborhood Comparison

Neighborhood Average Available SQFT Average Rate / SQFT PER Month NUMBER OF AVAILABLE SUITES
Beaverton 700 $1.67 / SF 70
Bradley Corner 600 $1.78 / SF < 30
Buckman Neighborhood 1,900 $1.78 / SF 98
Downtown Portland 2,700 $2.41 / SF 150
Gresham 1,900 $1.86 / SF < 30
Happy Valley - - < 30
Hawthorne 900 - < 30
Hillsboro 3,200 $1.69 / SF < 30
Milwaukie 2,100 $17.97 / SF < 30
Northwest District 600 $2.62 / SF < 30
Oregon City 2,100 $2.38 / SF < 30
Pearl District 2,300 $2.51 / SF < 30
Portland International Airport 2,700 $1.79 / SF < 30
Progess 600 $1.78 / SF < 30
Sunnyside 2,000 $2.67 / SF 42
Tigard 1,300 $2.00 / SF 43
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.