Apartments in Downtown Portland

1 - 30 of 515 Results
40
$1,025 - 3,751
Deal
1717 SW Park Ave Portland, OR
Studio - 3 BR | Available Now
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1
$1,075
1415 SW Park Ave Portland, OR
Studio | Available Now
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6
3D Tour
$1,100 - 1,800
1431 SW Park Ave Portland, OR
Studio - 2 BR | Available Now
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Luxury
Section 8
Storage
9
$980 - 990
1410 Sw Broadway Portland, OR
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Luxury
Section 8
Downtown Portland
1
$1,695
1500 SW Park Ave #313 Portland, OR
1 BR | Available Now
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Downtown Portland
21
$1,327 - 3,010
1720 Sw 4th Avenue Portland, OR
Studio - 3 BR | Available Now
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32
$2,500
Portland, OR
2 BR | Available Now
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Downtown Portland
8
$1,075
Portland, OR
Studio | Available Now
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Downtown Portland
23
$995 - 1,250
Portland, OR
Studio - 1 BR | Available Now
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Dishwasher
Downtown Portland
1
$2,400
Portland, OR
2 BR | Available Now
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Downtown Portland
1
$1,450
255 SW Harrison St Portland, OR
1 BR | Available Now
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Downtown Portland
21
$1,499
255 SW Harrison Street #19 St Portland, OR
1 BR | Available Now
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16
$1,075 - 1,300
1417 Sw 10th Ave Portland, OR
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Section 8
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Downtown Portland
1
$1,599
255 SW Harrison St Apt 16G Portland, OR
1 BR | Available Now
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Downtown Portland
37
$1,800
111 SW Harrison St #5f Portland, OR
1 BR | Available Now
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Balcony/Deck/Patio
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Pool
25
$1,523 - 6,376
222 SW Harrison St Portland, OR
1 - 2 BR | Available Now
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In Unit Laundry
0
$1,795
1221 SW 10th Ave Unit 214 Portland, OR
1 BR | Available Now
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Dishwasher
Downtown Portland
16
$1,000 - 1,375
1515 SW 11th Ave Portland, OR
Studio - 1 BR | Available Now
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Downtown Portland
14
$995 - 1,250
1415 SW 11th Ave Portland, OR
1 BR | Available Now
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Downtown Portland
1
$1,149 - 2,199
1115 SW Market St Portland, OR
Studio - 2 BR | Available Now
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Downtown Portland
23
$1,150
1104 SW Columbia Ave #101 Portland, OR
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Dishwasher
Downtown Portland
33
$1,300 - 2,154
Deal
2.8
1500 SW 12Th Ave Portland, OR
Studio - 2 BR | Available Now
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Fitness Center
Downtown Portland
10
$1,075 - 1,145
1129 SW Columbia St Portland, OR
Studio - 1 BR | Available Now
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Downtown Portland
1
$1,195
Portland, OR
1 BR | Available Now
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Downtown Portland
0
$1,149 - 1,451
929 SW Salmon St Portland, OR
Studio - 2 BR | Available Now
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Disability Access
Downtown Portland
40
3D Tour
$1,153 - 4,604
1818 SW 4Th Ave Portland, OR
Studio - 3 BR | Available Now
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Luxury
Air Conditioning
0
$757 - 1,237
1212 SW Clay St Portland, OR
Studio - 1 BR | Available Now
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Downtown Portland
13
$1,195
1331 SW 12th Ave Portland, OR
1 BR | Available Now
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Downtown Portland
22
$1,210 - 3,000
245 Sw Lincoln St Portland, OR
Studio - 2 BR | Available Now
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28
$1,405 - 1,985
301 Sw Lincoln St. Portland, OR
1 - 2 BR | Available Now
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  3. Downtown Portland

Downtown Portland Apartments

Downtown Portland Neighborhood Summary

Though there are many neighborhoods in Portland, the city’s center refuses to be ignored. A hub of business and entertainment in Portland, the downtown area is always bustling with vibrant energy. There are a number of attractions in the area for culture buffs, including the Arlene Schnitzer Concert Hall and Portland Art Museum. If you’re looking to live in an upscale environment filled with great restaurants, nice hotels, and shopping galore, then you’re looking at the right neighborhood! Students of both PSU and OHSU can find many great locations to live here, as its in close proximity to both institutions and has fabulous public transportation options.

Portland:
December Rent Report

Welcome to the December 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Portland rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Portland and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Portland average rent prices in the chart below.

Monthly Rent Report

$2,050
$1,540
$1,030
$510
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Portland Rent Prices Decrease From November to December

Portland rent prices decreased over the last month. From November to December, the city experienced a -0.13% decrease for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,533.0.

When we take a look at the two-bedroom comparison from November to December, Portland experienced a 0.51% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $1,952.0.

December Prices: Portland vs. Surrounding Areas

Oregon City, OR
Beaverton, OR
Tigard, OR
Hillsboro, OR
Wilsonville, OR
Vancouver, WA
Portland, OR
Gresham, OR
$1,899
$1,791
$1,789
$1,785
$1,700
$1,554
$1,535
$1,450
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have decreased in Portland over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Portland suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Vancouver, WA, Beaverton, OR, Hillsboro, OR, Tigard, OR, Oregon City, OR .

  • Rent decreased in Gresham, OR, Wilsonville, OR.

  • 6 suburbs are currently priced higher than the city of Portland.

  • 1 suburb is currently priced lower than the city of Portland.

December 2024 Pricing Trends: Portland vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Portland, OR
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,535
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Portland Rent Prices More Affordable Than Major Cities

Rent growth in Portland over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Portland average rent prices appear to be relatively affordable for local residents.

The price for a Portland one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Portland and surrounding area rent prices, take a look at the complete data set below.

Data set for Portland and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Portland, OR $1,535.0 0.72% $1,942.0 0.94%
Vancouver, WA $1,554.0 2.78% $1,763.0 -0.11%
Beaverton, OR $1,791.0 1.19% $1,975.0 -0.35%
Hillsboro, OR $1,785.0 0.28% $2,034.0 -0.88%
Tigard, OR $1,789.0 9.09% $1,907.0 -0.37%
Oregon City, OR $1,899.0 3.38% $2,247.0 1.91%
Gresham, OR $1,450.0 0.00% $1,677.0 -0.77%
Wilsonville, OR $1,700.0 -0.29% $2,021.0 0.10%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.