What is the average rent for a 1-bedroom apartment in Downtown Portland, Portland, OR?

One-bedroom apartments in Downtown Portland average around $1,300 per month in 2025. These units typically offer about 555 square feet of living space and represent a significant portion of the rental market with approximately 57 listings available monthly.

What is the average rent for a 2-bedroom apartment in Downtown Portland, Portland, OR?

Two-bedroom apartments in Downtown Portland rent for around $2,000 per month in 2025. These units average about 909 square feet and see approximately 33 listings available each month in the neighborhood.

What is the average rent for a 3-bedroom apartment in Downtown Portland, Portland, OR?

Three-bedroom apartments in Downtown Portland average around $3,200 per month in 2025. These larger units offer about 1,256 square feet of space, though they represent the least common rental type with about 5 listings available monthly.

How much does it cost to rent an apartment in Downtown Portland, Portland, OR?

Downtown Portland's rental market averaged around $1,300 per month across all property types in 2025, down 11.2% from the previous year. Rent varies significantly by unit size, from around $1,000 for studios to around $3,200 for three-bedroom apartments.

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

Apartments in Downtown Portland average around 578 square feet across all unit types. Studio apartments offer about 347 square feet, while larger units range from 555 square feet for one-bedrooms up to 1,256 square feet for three-bedroom apartments.

What type of apartment is most common in Downtown Portland, Portland, OR?

One-bedroom and studio apartments are equally common in Downtown Portland, each averaging about 57 listings per month. Together, these smaller unit types make up the majority of available rentals in this Portland neighborhood, reflecting the urban market's focus on compact living options.

What type of apartment is least common in Downtown Portland, Portland, OR?

Three-bedroom apartments are the least common rental type in Downtown Portland, with about 5 listings available per month. These larger family-sized units represent only a small fraction of the neighborhood's rental inventory compared to the more abundant studio and one-bedroom options.

Cheap Apartments for Rent in Downtown Portland, Portland, OR

25 rentals

1d ago

7.5

Very good

Peter Paulson

1530 Sw 13th Ave, Portland, OR 97201

Affordable | On-site laundry | On-site management

Studio

1 bath

$587

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

Rent special

19h ago

9.2

Excellent

Verified

Edington Court

10 Nw 20th Ave, Portland, OR 97209

Affordable | On-site laundry | Elevator

Studio–1 bed

1 bath

$875–$1,200

Apartment for rent

Top amenities

On-Site Laundry

3d ago

9.2

Excellent

Verified

The Commodore Apartments

1615 Sw Morrison St, Portland, OR 97205

Affordable | In-unit laundry | Hardwood floor

Studio–1 bed

1 bath

$875–$1,495

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Call

Rent special

2d ago

9.7

Excellent

Verified

Cumberland Apartments

1405 Sw Park Ave, Portland, OR 97201

Affordable | On-site laundry | Dishwasher

Studio

1 bath

$900–$1,075

Apartment for rent

Top amenities

Elevator

Microwave

On-Site Laundry

Call

2d ago

9.6

Excellent

Verified

The Gentry Apartments

909 Sw 12th Ave, Portland, OR 97205

Affordable

Studio

1 bath

$925–$975

Apartment for rent

Call

1d ago

9.8

Excellent

Verified

Clay & Tiffany

1515 Sw 11th Ave, Portland, OR 97201

Affordable | On-site laundry | Hardwood floor

Studio–1 bed

1 bath

$949–$1,395

Price drop

Apartment for rent

Top amenities

On-Site Laundry

Package Service

Call

Nearby rental good for eco-living

$587

1530 Sw 13th Ave

Nearby rental good for pet owners

$1,095–$1,595

1880 Sw 5th Ave

Student housing

3D tour

2d ago

9.4

Excellent

Verified

The Amy

2031 SW 10th Ave, Portland, OR 97201

Affordable | On-site laundry | Furnished

Studio

1 bath

$1,000–$1,350

Price drop

Apartment for rent

Top amenities

On-Site Laundry

Call

3d ago

9.7

Excellent

Verified

West Park Place

1415 Sw Park Ave, Portland, OR 97201

Affordable | On-site laundry | Dishwasher

Studio–1 bed

1 bath

$1,075–$1,375

Apartment for rent

Top amenities

Air Conditioning

On-Site Laundry

Call

Rent an Airbnb‑friendly apartment.

Earn

extra money.

Airbnb-friendly apartments allow residents to earn extra money from hosting on Airbnb part-time.
Learn more on Airbnb

3D tour

2h ago

9.1

Excellent

Westfal Apartments

1880 Sw 5th Ave, Portland, OR 97201

Affordable | On-site laundry | Hardwood floor

1–2 beds

1 bath

$1,095–$1,595

Apartment for rent

Available Mar 13

Top amenities

On-Site Laundry

Airbnb-friendly

2d ago

9.9

Excellent

Verified

The Vue

1717 Sw Park Ave, Portland, OR 97201

Affordable | On-site laundry | Garage parking

Studio–2 beds

1 bath

$1,095–$1,616

Apartment for rent

Available Jun 1

Top amenities

Assigned Parking

Controlled Access

On-Site Laundry

On-Site Management

Package Service

Storage

Call

Find sweet deals near Downtown Portland

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$875–$1,000

Northwest District

$900

Downtown Portland

$925–$975

Downtown Portland

$949–$1,150

Downtown Portland

Income restricted

Student housing

1d ago

9.7

Excellent

Verified

Acqua Apartments

2615 S Water Ave, Portland, OR 97201

Affordable | In-unit laundry | Garage parking

Studio–2 beds

1 bath

$1,125–$1,775

Apartment for rent

Top amenities

Dishwasher

High Ceilings

In-Unit Laundry

On-Site Management

Package Service

Roof Deck

Call

2d ago

Cheap Goose Hollow apartment for rent in Portland

801A Sw Green Ave, Portland, OR 97205

Affordable | On-site laundry | On-site management

Studio

1 bath

$1,200

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

3d ago

8.6

Very good

2155 NW Flanders St.

2155 Nw Flanders St, Portland, OR 97210

Affordable | On-site laundry | Garage parking

1 bed

1 bath

$1,225

Apartment for rent

Top amenities

On-Site Laundry

Storage

The Woods on Marquam Hill - Photo 1 of 1

Rent special

3D tour

19h ago

9.6

Excellent

Verified

The Woods on Marquam Hill

1311 Sw Gibbs St, Portland, OR 97239

Affordable | In-unit laundry | Garage parking

Studio–2 beds

1–2 baths

$1,300–$2,145

Price drop

Apartment for rent

Top amenities

Assigned Parking

Controlled Access

Dishwasher

Furnished

In-Unit Laundry

Call

Rent special

3d ago

9.7

Excellent

Verified

The Emery

3155 S Moody Ave, Portland, OR 97239

Affordable | In-unit laundry | Dishwasher

Studio–1 bed

1 bath

$1,350–$1,499

Apartment for rent

Top amenities

In-Unit Laundry

Call

Student housing

3d ago

9.5

Excellent

Verified

Goose Hollow Tower

1630 SW Clay St, Portland, OR 97201

Affordable

2 beds

1 bath

$1,500

Apartment for rent

Call

5d+ ago

Cheap Downtown Portland apartment for rent in Portland

2065 South River Parkway, Portland, OR 97201

Affordable

2 beds

1 bath

$1,540

Apartment for rent

Student housing

3d ago

9.5

Excellent

Verified

Goose Hollow Plaza

1604 SW Clay St, Portland, OR 97201

Affordable

2 beds

1 bath

$1,670–$1,675

Apartment for rent

Call

Highly rated

Rent special

5d+ ago

9.6

Excellent

Verified

Kearney Court Apartments

2250 Nw Kearney St, Portland, OR 97210

Affordable | Dishwasher | Balcony

1 bed

1 bath

$1,700

Apartment for rent

Call

5d+ ago

Cheap Downtown Portland apartment for rent in Portland

2065 South River Parkway, Portland, OR 97201

Affordable

3 beds

2 baths

$1,773

Apartment for rent

Rent special

4d ago

9.6

Excellent

Verified

Burlington Tower

900 Nw Lovejoy St, Portland, OR 97209

Affordable | In-unit laundry | Garage parking

1–2 beds

1–2 baths

$1,790–$2,900

Apartment for rent

Available Mar 10

Top amenities

Concierge Service

Elevator

Fitness Center

Garage Parking

In-Unit Laundry

Microwave

Call

Rent special

3D tour

2d ago

9.7

Excellent

Verified

The Burlington Tower

900 Northwest Lovejoy Street, Portland, OR 97209

Affordable | In-unit laundry | Garage parking

1–2 beds

1–2 baths

$1,850–$3,900

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Concierge Service

Garage Parking

In-Unit Laundry

On-Site Management

Call

5d+ ago

Cheap Pearl condo for rent in Portland

0BR/1.0BA

416 Nw 13th Ave #401, Portland, OR 97209

Affordable | In-unit laundry | Assigned parking

Studio

1 bath

$1,950

Condo for rent

Top amenities

Assigned Parking

In-Unit Laundry

5d+ ago

Cheap Corbet - Terwilliger - Lair Hill apartment for rent in Portland

3601 S River Pkwy, Portland, OR 97239

Affordable | Assigned parking

1 bed

1 bath

$1,995

Apartment for rent

5d+ ago

Cheap Downtown Portland condo for rent in Portland

1500 Sw Park Ave, Portland, OR 97201

Affordable | In-unit laundry | Dishwasher

2 beds

2 baths

$2,300

Condo for rent

Top amenities

In-Unit Laundry

Showing 1 - 25 of 25 results

Home > Apartments in Portland > Downtown Portland > Downtown Portland Cheap Apartments For Rent

Updated: June 1, 2026

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