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Luxury Apartments for Rent in Downtown Portland, Portland, OR

278 Rentals Available
Luxury Apartments for Rent in Downtown Portland, Portland, OR. 278 Rentals Available
  • a living room with a large window and a kitchen with a table and chairs
    Today

    1300 SW Park Avenue, Portland, OR 97201
    STUDIO $1,420+
    1 BED $1,502+
    2 BEDS $2,194+
  • a living room with a couch and a table in front of a window
    Today

    1177 SW Market Street, Portland, OR 97201
    STUDIO $1,248+
    1 BED $1,285+
    2 BEDS $2,252+
  • a living room with a couch and a ceiling fan
    Today

    1811 S River Dr, Portland, OR 97201
    STUDIO $1,311+
    1 BED $1,454+
    2 BEDS $2,622+
  • a living room with a couch and a chair and a chandelier
    Today

    1221 SW 11Th Ave, Portland, OR 97205
    STUDIO $1,441+
    1 BED $1,661
    2 BEDS $1,924+
  • a living room with a gray couch and a white coffee table
    Today

    1720 SW 4Th Avenue, Portland, OR 97201
    STUDIO $1,406+
    1 BED $1,499+
    2 BEDS $2,293+
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  • a piano in a living room with couches and chairs
    Today

    140 SW Columbia Street, Portland, OR 97201
    STUDIO $1,526+
    1 BED $1,718+
    2 BEDS $2,517+
  • a living room with leather furniture and a large window
    Today

    750 SW 9Th Ave, Portland, OR 97205
    STUDIO $1,522+
    1 BED $1,616+
    2 BEDS $2,601+
  • a living room and dining room with a table and chairs
    Today

    1525 SW Park Ave, Portland, OR 97201
    STUDIO $1,289
    1 BED $1,591
    2 BEDS $1,991
  • a living room with a couch and a large window
    Today

    245 SW Lincoln St, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,435+
    2 BEDS $2,435+
  • a living room with a couch and a large window
    Today

    245 SW Lincoln Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,270+
    2 BEDS $1,680+
  • a living room with a couch and a coffee table and a balcony
    Today

    301 SW Lincoln St., Portland, OR 97201
    1 BED $1,340+
    2 BEDS $1,740+
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  • More Rentals Near Downtown Portland, Portland, OR

  • a living room and dining room with chairs and a table
    Today

    1551 SW Taylor Street, Portland, OR 97205
    STUDIO $1,255+
    1 BED $1,823+
    2 BEDS $2,644+
  • a living room with a couch and a window
    Today

    135 NW 9Th Ave, Portland, OR 97209
    STUDIO $1,475
    1 BED $1,650
    2 BEDS $2,399+
  • a living room with a couch and a table and a window
    Today

    2615 S Water Avenue, Portland, OR 97201
    Income Restricted
    STUDIO $1,249+
    1 BED $1,499+
    2 BEDS $1,775+
  • a living room with a couch and a table
    Today

    123 NW 12Th Ave #212, Portland, OR 97209
    STUDIO $1,894+
    1 BED $1,679+
    2 BEDS $2,308+
  • a living room with a couch and a table
    Today

    1819 SW 18Th Ave, Portland, OR 97201
    STUDIO Ask for Pricing
    2 BEDS $2,097+
  • a living area with a kitchen and a couch and a table
    Today

    255 NW 10Th Ave, Portland, OR 97209
    STUDIO $1,656+
    1 BED $1,548+
    2 BEDS $2,235+
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  • a living room with a blue couch and a bed
    Today

    555 NW Park Ave, Portland, OR 97209
    STUDIO $1,349
    1 BED $1,899+
  • an open living room with a couch and a table and a view of the city
    Today

    1470 NW Glisan Street, Portland, OR 97209
    STUDIO $1,410+
    1 BED $1,706+
    2 BEDS $2,838+
  • a living room with a couch and a view of the city
    Today

    514 SE Belmont Street, Portland, OR 97214
    STUDIO $1,349+
    1 BED $1,499
    2 BEDS $2,625
  • a living room and dining room with blue chairs and a table
    Today

    685 SE Belmont Street, Portland, OR 97214
    STUDIO $1,475+
    1 BED $1,515+
    2 BEDS $2,285+
  • a living room and dining room with a white table and chairs
    Today

    5 SE Martin Luther King Jr Blvd, Portland, OR 97214
    STUDIO $1,959
    1 BED $1,985+
    2 BEDS $3,175
  • a living room with a couch and a table
    Today

    1000 SW Vista Avenue, Portland, OR 97205
    STUDIO $1,157+
    1 BED $1,278+
    2 BEDS $1,655+
  • a living room with a large window and a table and chairs
    Today

    1315 NW JOHNSON STREET, PORTLAND, OR 97209
    STUDIO Ask for Pricing
    1 BED $1,825+
    2 BEDS Ask for Pricing
  • a living room with a brown couch and a large window
    Today

    124 NE 3Rd Ave, Portland, OR 97232
    1 BED $1,750+
    2 BEDS $2,150+
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Downtown Portland, Portland, OR rent trends

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.

Average rent in Downtown Portland, Portland, OR

$1,897/mo Downtown Portland, Portland, OR average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in Downtown Portland, Portland, OR is around $1,897.

    What's the typical rent budget in Downtown Portland, Portland, OR?

    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.

    Getting around in Downtown Portland, OR

    98 /100
    Walker's Paradise
    92 /100
    Rider's Paradise
    89 /100
    Very Bikeable
    Walk Score®: 98, Transit Score®: 92, Bike Score®: 89

    Frequently asked questions

    What is the price of a luxury apartment in Downtown Portland, Portland, OR?

    The price range for a luxury apartment in Downtown Portland, Portland, OR is between $1,289 and $8,890.

    How many luxury rentals are available in Downtown Portland, Portland, OR on RentCafe?

    There are 65 luxury rentals available on RentCafe. Prices and availability in Downtown Portland, Portland, OR were last updated on 27 Feb 2026.

    What is the average size of a luxury apartment in Downtown Portland, Portland, OR?

    The average Downtown Portland, Portland, OR luxury apartment size is 850 sq. ft.

    What are the advantages of renting a luxury apartment in Downtown Portland, Portland, OR?

    Renting a luxury apartment in Downtown Portland, Portland, OR comes with many amenities, more space and central locations.

    What are the downsides of renting a luxury apartment in Downtown Portland, Portland, OR?

    Luxury apartments tend to be more expensive and have higher utility bills.

    Downtown Portland, Portland, OR demographics

    • 6,414Total Population
    • 3,091 Female
      3,323 Male
    • 37Median Age

    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.

    Downtown Portland, Portland, OR households

    • 890 Family
      2,823 Non-family
    • 281 Children
      3,431 No Children
    • 3,712Total Number of Households
    • 1Average People Per Household
    • $63,008Median Household Income

    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.

    Downtown Portland, Portland, OR education statistics

    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.

    Renting a luxury apartment in Downtown Portland, Portland, OR

    If you love living like a king or a queen, you might be interested in uniquely furnished, modern apartments. Nothing says elegance like a professionally-designed interior down to the smallest detail. Now you have the best 278 apartments in Downtown Portland, Portland, OR to choose from, located in 25 upscale buildings. The average size of this type of apartment in Downtown Portland, Portland, OR is around 904 Sqft, but if you’re in need of more space, apartment complexes also have large apartments for rent. Luxury townhomes are also a great option for families, especially those located in family-friendly communities, close to schools, preschools and parks. The best apartments on the market in Downtown Portland, Portland, OR are up for grabs right now, so don’t miss the chance to level up your lifestyle!

    High rise apartments do come cheap

    We can all agree that high-level amenities give us a sense of accomplishment and a certain feeling of comfort. Well, on the bright side, luxury is now accessible to both multi-millionaires and people with regular incomes. Cheap luxury apartments are not just an illusion - the land of milk and honey is closer than it’s ever been, with prices starting at $1,157. There are no less than 278 luxury studio apartments in Downtown Portland, Portland, OR right now waiting to become your future home.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!