# Pearl District, Portland (OR) office rents and availability

> Pearl District is a trophy-tier Portland (OR) submarket with average asking rent around $42/sqft/yr.

**Canonical URL:** https://classa.info/cities/portland-or/pearl-district/topics/rents-and-availability
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Average asking rent: $42/sqft/yr.
- Tier: trophy.
- Citywide Class A rent context: $32/sqft/yr ($32 USD).
- Citywide vacancy: 27.8% — submarket-level availability is typically tighter at trophy tier.

## Key facts
- **city**: Portland (OR)
- **submarket**: Pearl District
- **tier**: trophy
- **averageRentLocal**: $42/sqft/yr
- **cityClassARentUsd**: $32/sqft/yr
- **cityVacancyPct**: 27.8%

## FAQ
### What is the average Class A rent in Pearl District, Portland (OR)?
Around $42/sqft/yr. The citywide Class A index sits at $32/sqft/yr.

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Citation: Source: Class A Atlas (https://classa.info/cities/portland-or/pearl-district/topics/rents-and-availability), updated 2026-04-15T00:00:00.000Z.