| STUDIO | $1,526+ |
| 1 BED | $1,718+ |
| 2 BEDS | $2,517+ |
| STUDIO | Ask for Pricing |
| 1 BED | $1,150 |
| 2 BEDS | Ask for Pricing |
| STUDIO | Ask for Pricing |
| 1 BED | $1,435+ |
| 2 BEDS | $2,435+ |
| STUDIO | Ask for Pricing |
| 1 BED | $1,270+ |
| 2 BEDS | $1,680+ |
| STUDIO | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
| STUDIO | Ask for Pricing |
| 1 BED | Ask for Pricing |
| 2 BEDS | Ask for Pricing |
Rental prices in Downtown Portland, Portland, OR have decreased by 1.93% over the past year. The average rent moved from $1,934 to $1,897.
Check out the average rent in Portland.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Portland, Portland, OR is $1,897.
The average monthly rent for an apartment in Downtown Portland, Portland, OR is around $1,897.
A share of 6% of apartments in Downtown Portland, Portland, OR have the cheapest rents between ≤ $1000. Around 15% of rentals are $2,001-$2,500. Around 30% of Downtown Portland's apartments have monthly rents between $1,001-$1,500. There are 33% of apartments with rents between $1,501-$2,000. A share of 9% of apartment rentals in Portland are in the $2,501-$3,000 range. Meanwhile, 7% of apartment rentals in Portland are in the > $3,000 range.
The largest share of rentals in Downtown Portland, Portland, OR (33%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Downtown Portland, Portland, OR were last updated on 27 Feb 2026.
The best apartments in Downtown Portland, Portland, OR are: Ongford Apartments, Portland Astoria, Palladian Apartments, Pinecone Apartments and The Douglas.
The average rent in Downtown Portland, Portland, OR is $1,746.
The price range for a studio apartment in Downtown Portland, Portland, OR is between $480 and $4,649.
The price range for a 1-bedroom apartment in Downtown Portland, Portland, OR is between $995 and $6,194.
The price range for a 2-bedroom apartment in Downtown Portland, Portland, OR is between $1,100 and $8,890.
The price range for a 3-bedroom apartment in Downtown Portland, Portland, OR is between $1,311 and $6,157.
In Downtown Portland, 76% of the residents are renting compared to 24% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 66% of Downtown Portland's rentals, 30% are small-scale complexes with under 50 units, and 4% are single-family rentals.
Located on the west side of the Willamette River is downtown Portland, an artsy neighborhood with a central location that attracts young professionals, families and student renters attending Portland State University on the south side. Known for its pedestrian-friendly layout, downtown Portland packs every block with an incredible amount of entertainment without feeling the least bit overcrowded. Here, art culture reigns supreme when renting in downtown Portland, and a feeling of creativity colors the atmosphere with a young and hip energy.
Renters in downtown Portland live close to Chapman Elementary School, Ainsworth Elementary School, Briggs Middle School, Emerson Middle School and Lincoln High School, all provided by Portland Public Schools. The available hospitals when renting in downtown Portland include OHSU Hospital and Legacy Good Samaritan Medical Center.
Renters in downtown Portland walk to live shows at PNC Live Studio; the Star Theater and Starlight Lounge Music on Main; Kelly's Olympian; and a reliable stream of awesome live rock music at Dante's. Rentals are also a quick jaunt away from the Portland Art Museum, Jordan Schnitzer Museum of Art, Police Museum, Chinatown Museum and the Oregon Jewish Museum for Holocaust Education. Many of the early 20th-century buildings have been renovated into modern apartments for rent in studio, one- and two-bedroom layouts. Plus, downtown Portland also has luxury apartment rentals in high-rise towers with pools, designated outdoor parking, garages and other amenities. Many houses in downtown Portland are multifamily rentals, as well as smaller, single-family houses for rent with one to two bedrooms. There are no townhouse rentals in downtown Portland.
In total, Downtown Portland, Portland, OR has 6,414 residents, 3,091 women and 3,323 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Portland’s population is 37.
All of the rentals in downtown Portland are conveniently within walking distance of live performances, art openings, gourmet restaurants, food trucks and shopping. For instance, the Pioneer Courthouse Square (often shortened to "Pioneer Square") is a centrally located historic area with stores, live music shows and Pioneer Place Shopping Mall. Renters also enjoy visiting landmarks such as the Lovejoy Columns, Terminal Sales Building, and First National Bank Building, as well as perusing the Portland State University Library, Multnomah Law Library and Southwest Ninth Avenue Library. Nearby parks include the Director Park, Shemanksi Park, Chapman Square, Keller Fountain Park, Pettygrove Park, PSU Park and Lownsdale Square. Of course, renters also have grocery stores like Safeway, Target Grocery and Trader Joe's. The two community centers in downtown Portland are Maybelle Center for Community and Eliot Center. Or, the Farmers' Market is close to the university and open on weekends.
There is a total of 3,712 households in Downtown Portland, Portland, OR. Of these, 281 have children and 3,431 are without children. Per Census Bureau’s most current estimates, 890 family households and 2,823 non-family households live in this area. The size of a household in Downtown Portland is 1 people, on average. The median household annual income in Downtown Portland equals $63,008, and the monthly housing costs equal $1,508.
Whether on foot or using public transportation, downtown Portland has a compact design that allows renters to get to their destination fast. Namely, South Park Blocks take renters on a beautiful, 12-block stroll past public artwork, museums, restaurants and Portland State University. Or, downtown Portland has a monthly subscription-based, bike-sharing rental program called BikeShare. In addition to Uber and Lyft, renters also use a local ridesharing app called PDX WAV. Otherwise, public transportation is provided to renters by TriMet, which keeps downtown Portland connected by Blue, Red, Green, Yellow and Orange light rail lines. All public transportation - light rail, streetcars and buses - are free of charge when renting in downtown Portland. Finally, to get to Portland International Airport from downtown Portland, renters take the Red Line 12 miles northeast.
According to data from the U.S. Census Bureau, 2% of the population in Downtown Portland, Portland, OR have no high school education, 17% went to high-school, and 25% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 28% hold a Bachelor Degree, and 23% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Downtown Portland, Portland, OR. Easily search through a wide selection of apartments for rent in Downtown Portland, Portland, OR, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Browse Downtown Portland, Portland, OR apartments with rents starting from $480 and submit your rental application today!
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