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Apartments in Downtown Portland

511 - 520 of 520 Results
0
$1,750
2017 NE Hancock
Portland, OR
2 BR | Dec. 21, 2024
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Dog Friendly
Cat Friendly
Sullivan's Gulch
25
$5,500
Classy Ranch-style Home For Rent!
5220 SW Richenberg Ct Portland, OR
3 BR | Jan. 14, 2025
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Dog Friendly
Cat Friendly
House
Disability Access
Council Crest
17
$1,350
Holladay Court Apartments (czop08)
2310 NE Weidler St Portland, OR
Studio | Available Now
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Cat Friendly
Storage
Disability Access
Sullivan's Gulch
31
$3,050
Sullivans Clutch Gran-3 Br 3 Ba Home!
2416 NE Halsey St #a Portland, OR
3 BR | Available Now
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Dog Friendly
House
Balcony/Deck/Patio
Storage
Dishwasher
12
$1,900
2208 NE Schuyler St
Portland, OR
1 BR | Available Now
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Dog Friendly
Cat Friendly
Sullivan's Gulch
0
$2,395
Smrr02
2206-2208 NE 19th Ave Portland, OR
2 BR | Available Now
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Sabin-Irvington
1
$1,995
Lovely 3-level Triplex Home
250525072509 NE Halsey St Portland, OR
2 BR | Dec. 13, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Sullivan's Gulch
51
$1,599
Bradford
2500 NE Weidler St #3 Portland, OR
1 BR | Dec. 19, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
Sullivan's Gulch
1
$1,245
Rensla14
5131-5147 SE 17Th Ave Portland, OR
1 BR | Available Now
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Surface Parking
Storage
30
$4,150
Williamite Heights Stunner! 3 Bedroom 3 Bath Craftsman Home
3524 NW Thurman St Portland, OR
3 BR | Available Now
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Dog Friendly
Cat Friendly
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511 - 520 of 520 Results
  1. Home
  2. Portland
  3. Downtown Portland
Frequently Asked Questions

How many apartments are available in Downtown Portland on Rentable.co?

Rentable.co has over 528 apartments available near Downtown Portland.

What is the average rent for a studio apartment in Downtown Portland?

The average rent for a studio apartment near Downtown Portland is around $1,150 per month.

What is the average rent for a one-bedroom apartment in Downtown Portland?

The average rent for a one-bedroom apartment near Downtown Portland is around $1,485 per month.

What is the average rent for a two-bedroom apartment in Downtown Portland?

The average rent for a two-bedroom apartment near Downtown Portland is around $1,976 per month.

How many apartments are available in Portland, OR on Rentable.co?

Rentable.co has over 53,917 apartments available in Portland.

What is the average rent for a studio apartment in Portland, OR?

The average rent for a studio apartment in Portland is around $1,200 per month.

What is the average rent for a one-bedroom apartment in Portland, OR?

The average rent for a one-bedroom apartment in Portland is around $1,490 per month.

What is the average rent for a two-bedroom apartment in Portland, OR?

The average rent for a two-bedroom apartment in Portland is around $1,800 per month.

How expensive is it to rent an apartment in Portland, OR?

For a two-bedroom apartment in Portland, the average rent price is $1,800 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Portland, OR?

Based on average rent prices in Portland, to afford a studio apartment you would need an annual household income of $48,000 to live comfortably.

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:
November Rent Report

Welcome to the November 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$2,000
$1,500
$1,000
$500
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Portland Rent Prices Increase From October to November

Portland rent prices increased over the last month. From October to November, the city experienced a 0.72% increase for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,535.0.

When we take a look at the two-bedroom comparison from October to November, Portland experienced a 0.94% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $1,942.0.

November Prices: Portland vs. Surrounding Areas

Hillsboro, OR
Beaverton, OR
Wilsonville, OR
Tigard, OR
Portland, OR
Vancouver, WA
Gresham, OR
$1,780
$1,770
$1,705
$1,640
$1,524
$1,512
$1,450
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have increased 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, 1 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, Wilsonville, OR .

  • Rent decreased in Gresham, OR.

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

  • 2 suburbs are currently priced lower than the city of Portland.

November 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
$4,211
$3,115
$2,373
$2,354
$1,903
$1,524
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Portland Rent Prices More Affordable Than Major Cities

Rent growth in Portland over the past year has been on the rise. 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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Portland, OR $1,524.0 2.35% $1,924.0 3.94%
Vancouver, WA $1,512.0 3.42% $1,765.0 0.92%
Beaverton, OR $1,770.0 2.97% $1,982.0 1.96%
Hillsboro, OR $1,780.0 0.40% $2,052.0 0.19%
Tigard, OR $1,640.0 1.80% $1,914.0 -1.64%
Gresham, OR $1,450.0 0.00% $1,690.0 0.00%
Wilsonville, OR $1,705.0 0.35% $2,019.0 0.35%

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.

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