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The average monthly rent in Downtown Portland, Portland is down 1% compared to last month and down 12.55% year-over-year.
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All rentals
2d ago
Verified
Studio
1 bath
$1,200
Apartment for rent
3d ago
Verified
Studio
1 bath
$1,200
Apartment for rent
1d ago
Verified
Studio–1 bed
1 bath
$949–$1,495
Price drop
Apartment for rent
3h ago
1431 Sw Park Ave, Portland, OR 97201
Hardwood floor | Walk-in closets
Studio–1 bed
1 bath
$1,000–$1,375
Apartment for rent
4h ago
1–2 beds
1 bath
$1,150–$1,500
Apartment for rent
Outdoor Space
Hardwood Floor
In-Unit Laundry
On-Site Laundry
4h ago
Studio
1 bath
$800–$1,000
Apartment for rent
23h ago
1115 Sw Market St, Portland, OR 97201
In-unit laundry | Air conditioning | Carpet
1–2 beds
1–2 baths
$1,510–$2,300
Apartment for rent
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2d ago
Studio–2 beds
1 bath
$875–$1,200
Apartment for rent
5d+ ago
Downtown Portland condo for rent in Portland
Studio
1 bath
$1,350
Condo for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Downtown Portland apartment for rent in Portland
1 bed
1 bath
$1,550
Apartment for rent
5d+ ago
Downtown Portland condo for rent in Portland
2 beds
2 baths
$2,300
Condo for rent
5d+ ago
Verified
On-site laundry | Dishwasher
1 bed
1 bath
$1,195
Apartment for rent
14h ago
Verified
3 beds
1 bath
$6,107
Apartment for rent
5d+ ago
Verified
SW 11th Ave & SW Clay St, Portland, OR 97201
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$1,495
Condo for rent
Available Jan 1
2h ago
Studio
1 bath
$895–$945
Apartment for rent
23h ago
Studio–1 bed
1 bath
$915–$1,145
Apartment for rent
2d ago
Downtown Portland apartment for rent in Portland
Studio
1 bath
$1,578
$1,478
Price drop
Apartment for rent
2d ago
614 Sw Jackson St, Portland, OR 97201
On-site laundry | Hardwood floor | Walk-in closets
Studio
1 bath
$955–$985
Apartment for rent
2d ago
Studio
1 bath
$775–$1,150
Apartment for rent
4d ago
Studio
1 bath
$995
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
Studio
1 bath
$675
Apartment for rent
5d+ ago
Studio–1 bed
1 bath
$757–$1,237
Apartment for rent
5d+ ago
1240 Sw Columbia St, Portland, OR 97201
On-site laundry | Elevator | Controlled access
Studio–1 bed
1 bath
$702–$1,100
Apartment for rent
5d+ ago
Studio
1 bath
$680–$860
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
1217 Sw 11th Ave #201, Portland, OR 97205
In-unit laundry | Hardwood floor | Ceiling fan
Studio
1 bath
$995
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
2 beds
1 bath
$1,967
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
3 beds
2 baths
$1,773
Apartment for rent
6h ago
1 bed
1 bath
$1,025
Apartment for rent
15h ago
1436 Sw Park Ave, Portland, OR 97201
In-unit laundry | Air conditioning | Walk-in closets
1–2 beds
1–2 baths
$1,450–$2,100
Apartment for rent
Available Dec 17
15h ago
1880 Sw 5th Ave, Portland, OR 97201
On-site laundry | Hardwood floor | Controlled access
1–2 beds
1 bath
$1,095–$1,595
Apartment for rent
Available Mar 13
15h ago
Studio–1 bed
1 bath
$995–$1,320
Apartment for rent
17h ago
Studio–4 beds
1–3 baths
$1,340–$3,334
Apartment for rent
2d ago
Downtown Portland apartment for rent in Portland
2 beds
1 bath
$2,849
$2,316
Price drop
Apartment for rent
2d ago
Downtown Portland apartment for rent in Portland
2 beds
2 baths
$3,118
$2,321
Price drop
Apartment for rent
2d ago
Downtown Portland apartment for rent in Portland
1 bed
1 bath
$2,145
$1,748
Price drop
Apartment for rent
2d ago
Downtown Portland condo for rent in Portland
1 bed
1 bath
$1,800
$1,550
Price drop
Condo for rent
Available Jan 30
5d+ ago
2 beds
1 bath
$1,350
Apartment for rent
5d+ ago
Studio
1 bath
$1,250–$1,410
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
Studio
1 bath
$1,741
Apartment for rent
5d+ ago
Studio
1 bath
$587
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
Studio
1 bath
$1,337
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
3 beds
2 baths
$3,350
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
1 bed
1 bath
$1,400
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
Studio
1 bath
$1,347
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
2 beds
2 baths
$2,279
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
1 bed
1 bath
$1,674
Apartment for rent
5d+ ago
Downtown Portland apartment for rent in Portland
Studio
1 bath
$997
$917
Price drop
Apartment for rent
5d+ ago
Downtown Portland condo for rent in Portland
1 bed
1 bath
$1,300
Condo for rent
5d+ ago
Downtown Portland condo for rent in Portland
2 beds
2 baths
$2,850
Condo for rent
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Downtown Portland's rental market offers a very strong selection of listings, with an average of 235 rentals available each month in 2024. The majority of rentals are 1-bedroom and studio apartments, making up a significant portion of the neighborhood's listings. Many of these apartments are pet-friendly, with over 55% allowing pets, making Downtown Portland a great option for renters with furry friends. The neighborhood's vibrant atmosphere and proximity to amenities make it a popular choice for renters looking for a lively urban lifestyle.
Downtown Portland's rental market experienced a decline in 2024, with average monthly rents decreasing by 10.3% to $1,474. Breaking it down by bed count, 1-bedrooms averaged $1,497 per month, a 6.6% decrease from the previous year. The average rent for 2-bedrooms was $2,256, while studios came in at $1,112.
The market typically sees its highest rents in February, with a significant 17.8% increase compared to December, the month with the lowest rents. If you're looking for a new apartment, winter might be a good time to search, as prices tend to be lower. However, if you're looking for the most options, be prepared for a more competitive market during the rest of the year. Notably, the most substantial rent fluctuations occur between February and December, making these periods crucial for renters to consider when searching for a new place.
Downtown Portland is a hub for renters who value social living and environmental sustainability. With its high walk score, restaurant scene, and street infrastructure, this neighborhood is ideal for those who enjoy getting out and about with friends. The area's strong transit frequency and safety record add to its appeal. Downtown Portland also stands out for its eco-friendly features, including the use of non-toxic paint, rainwater harvesting, and community solar projects in many of its apartments. The neighborhood's walk score and access to parks and recreation areas make it easy to maintain a sustainable lifestyle outside of the home. Overall, Downtown Portland offers a unique blend of social and environmental benefits that make it an attractive choice for renters.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
The average size of a 1 bedroom apartment rental in Downtown Portland is 619 square feet. The average size of a 2 bedroom apartment rental in Downtown Portland is 1075 square feet. The average size of a 3 bedroom apartment rental in Downtown Portland is 1236 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Downtown Portland average rent prices.
Studio apartments are the most common type of rentals in Downtown Portland, Portland, OR right now.
4+ bedroom apartments are the least common type of rentals in Downtown Portland, Portland, OR right now.
| 🔑Available apartment rentals | 219 |
|---|---|
| 💰Best rent deal | 1530 Sw 13th Ave |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |