Skip to main content
U.S. flag

An official website of the United States government

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

The effect of urban trees on the rental price of single-family homes in Portland, Oregon

Published

Author(s)

Geoffrey Donovan, David Butry

Abstract

Few studies have estimated the effect of environmental amenities on the rental price of houses. We address this gap in the literature by quantifying the effect of urban trees on the rental price of single-family homes in Portland, Oregon. We found that an additional tree on a house's lot increased monthly rent by $5.62, and a tree in the public right of way increased rent by $21.00. These results are consistent with a previous hedonic analysis of the effects of trees on the sales price of homes in Portland, which suggests that homeowners and renters place similar values on urban trees.
Citation
Urban Forestry and Urban Greening
Volume
10

Citation

Donovan, G. and Butry, D. (2011), The effect of urban trees on the rental price of single-family homes in Portland, Oregon, Urban Forestry and Urban Greening, [online], https://tsapps.nist.gov/publication/get_pdf.cfm?pub_id=907993 (Accessed March 28, 2024)
Created July 31, 2011, Updated October 12, 2021