PORTLAND, Ore. — The cost to park in Portland is climbing, with city leaders set to enact the biggest year-over-year parking fee increase in city history, starting July 1.
While parking meter revenues have slowly grown each year since the COVID-19 pandemic, Portland’s Bureau of Transportation said it’s in deeper financial trouble than ever before.
Mayor Keith Wilson said the price hikes are necessary to maintain infrastructure. He’s also considering adding a fee to utility bills to pay for transportation projects.
“We have a funding system that is fatally flawed — doing nothing is not a course of action,” Wilson told KGW.
The first hour of parking in downtown Portland districts will soon cost $3.60, which includes a planned $0.60 rate hike and additional transaction fees added by