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5+ Days Ago

Location

1500 Southwest 5th Avenue, Portland State University, Portland, OR 97201, USA|Downtown Portland

Available rentals nearby

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$1,995–$2,095

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Northwest District • 1315 Nw 19th Ave

2 Beds

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featured image of 900 Nw Lovejoy St

Burlington Tower

Our team has verified this company

Pearl • 900 Nw Lovejoy St

2 Beds

$2,600–$2,750

featured image of 1940 Nw 25th Ave

Northwest District • 1940 Nw 25th Ave

2 Beds

$2,395

featured image of 4920 N Gantenbein Ave

Humboldt • 4920 N Gantenbein Ave

2 Beds

$2,399

featured image of 6942 N Montana Ave

Arbor Lodge • 6942 N Montana Ave

2 Beds

$2,099

featured image of 2330 Nw Raleigh St

Northwest District • 2330 Nw Raleigh St

2 Beds

$2,595

featured image of 5681 Ne Glisan St

North Tabor • 5681 Ne Glisan St

2 Beds

$2,199

featured image of 1600 N Colfax St

Arbor Lodge • 1600 N Colfax St

2 Beds

$1,995–$2,095

featured image of 1315 Nw 19th Ave

Northwest District • 1315 Nw 19th Ave

2 Beds

$2,570

Rent trends in Downtown Portland

2-bedroom apartments at 1500 SW 5th Ave #1205 cost about 2% more than the average rent price for 2-bedroom apartments in Portland.

Median rents as of May 9 2026.
Downtown Portland
Portland
A table of 2-bedroom apartment rental data trends in Portland
MonthMedian Rent
May 2024$1,765
June 2024$1,817
July 2024$1,886
August 2024$1,871
September 2024$1,861
October 2024$1,812
November 2024$1,801
December 2024$1,795
January 2025$1,731
February 2025$1,761
March 2025$1,777
April 2025$1,755
May 2025$1,746
June 2025$1,743
July 2025$1,735
August 2025$1,780
September 2025$1,757
October 2025$1,749
November 2025$1,696
December 2025$1,695
January 2026$1,695
February 2026$1,691
March 2026$1,692
April 2026$1,695
May 2026$1,713
A table of 2-bedroom apartment rental data trends in Downtown Portland
MonthMedian Rent
May 2024$2,267
June 2024$2,226
July 2024$2,276
August 2024$1,922
September 2024$1,980
October 2024$2,031
November 2024$1,971
December 2024$2,112
January 2025$2,023
February 2025$2,131
March 2025$2,203
April 2025$1,974
May 2025$1,885
June 2025$1,904
July 2025$1,886
August 2025$2,020
September 2025$2,008
October 2025$1,858
November 2025$2,052
December 2025$2,200
January 2026$2,110
February 2026$2,123
March 2026$2,188
April 2026$2,321
May 2026$2,346

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1500 SW 5th Ave, Portland, OR.
11 years ago$2,400

Schools near 1500 SW 5th Ave #1205

Chapman Elementary School

1445 nw 26th ave

portland, OR, 97210

K-5Public
B

Winterhaven School

3830 se 14th ave

portland, OR, 97202

K-8Public
A-

Rose City Park

2334 ne 57th ave

portland, OR, 97212

K-5Public
B+

Flex Online School

10740 ne walker rd ste b

hillsboro, OR, 97006

K-12Public
A

Tigard-Tualatin Virtual Academy

6960 sw sandburg st

tigard, OR, 97223

K-12Public
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Internet available near 1500 SW 5th Ave #1205

Neighborhood

Downtown Portland | Portland, OR

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Portland State University near 1500 Southwest 5th Avenue

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1500 Southwest 5th Avenue, Portland State University

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

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