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Apartments for Rent in Downtown Portland, Portland, OR

123 rentals available

1535 1535 Southwest Clay StreetAPT 301 #301 - Photo 1 of 1

5d+ ago

Downtown Portland condo for rent in Portland

1535 1535 Southwest Clay StreetAPT 301 #301, Portland, OR 97201

In-unit laundry | Air conditioning | Garage parking

2 beds

2 baths

$2,095

Condo for rent

Available Jun 12

Top-floor 2-bed condo with dual primary suites

Set in Goose Hollow, this top-floor 2-bed, 2-bath condo offers dual primary suites with attached bathrooms and no upstairs neighbors. The 841 sqft open-concept layout features hardwood floors, stainless steel appliances, a wood-burning fireplace, and in-unit laundry. Two parking spaces, private porch, and water/sewer included in rent.

1818 Sw 4th Ave - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

2 beds

2 baths

$2,379

Apartment for rent

Description

Every space at The Collective on 4th is purposefully designed to inspire your best and ignite your aspirations. Excelling in class. Exploring city life. Feeling on top of every day. The Collective on 4th is steps from downtown. Designed for community and connection, it puts you in the heart of life at Portland.

1177 Sw Market St - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

1177 Sw Market St, Portland, OR 97201

Fitness center | Roof deck

Studio

1 bath

$1,399

Apartment for rent

Studio apartment with rooftop deck downtown

Apartment in Downtown Portland, this studio offers 446 sqft with 1-bath in the Cultural District. The building features a stunning rooftop deck with unobstructed city views and a fitness center with Peloton bikes. Walking distance to museums, performance venues, and the year-round Farmer's Market in South Park Blocks.

0205 Sw Montgomery St - Photo 1 of 1

5d+ ago

Downtown Portland condo for rent in Portland

Condo for rent

2-bed waterfront condo with 2 parking spaces

A condo in Downtown Portland's RiverPlace community offers 2-bed, 2-bath living with waterfront access and rooftop decks. The 1,143 sqft layout includes a wood-burning fireplace, in-unit laundry, and thoughtfully designed kitchen with eating bar. Two deeded parking spaces and storage unit included - rare downtown amenities.

2065 South River Parkway - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

Apartment for rent

Studio apartment near OHSU and transit hub

In Downtown Portland, this 573 sqft studio apartment sits directly next to the Portland Streetcar station with MAX light rail access nearby. The South Waterfront location offers a 98 walk score and connects to OHSU campuses via the new Tillikum Crossing bridge. Most utilities covered except electricity and internet, with no application fees and immediate availability.

2065 South River Parkway - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

Apartment for rent

2-bed apartment near OHSU and streetcar station

Quietly set in Downtown Portland, this 2-bed, 1-bath apartment sits directly next to the Portland Streetcar station with MAX light rail access nearby. The 1,092 sqft unit includes most utilities covered and connects to OHSU campuses via the new Tillikum Crossing pedestrian bridge. Walk score of 98 in the South Waterfront area with Section 8 vouchers accepted.

2065 South River Parkway - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

Apartment for rent

1-bed Downtown Portland apartment near streetcar

Set in Downtown Portland, this 1-bed, 1-bath apartment sits directly next to the Portland Streetcar station with MAX light rail access nearby. The 731 sqft unit includes most utilities covered and offers a walk score of 98 in the South Waterfront area. Close to OHSU campuses and the new Tillikum Crossing bridge for easy east side access.

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Updated: August 2, 2026

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Learn more about renting in Downtown Portland, Portland, OR

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

Based on Zumper's July 2026 data, one-bedroom apartments in Downtown Portland average around $1,330/month, down 5.4% year over year.

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

Based on Zumper's July 2026 data, two-bedroom apartments in Downtown Portland average approximately $2,150/month, up 3.4% year over year.

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

Based on Zumper's July 2026 data, three-bedroom apartments in Downtown Portland average around $3,480/month, up 20.4% year over year.

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

Based on Zumper's July 2026 data, Downtown Portland rentals average around $1,290/month across all property types, down 6.3% from this time last year. Studios run about $1,020/month while three-bedrooms reach approximately $3,480/month.

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

Based on our current listings, apartments in Downtown Portland average around 583 sqft across all unit types, with studios at about 350 sqft and three-bedrooms running larger at approximately 1,221 sqft.

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

Based on our current listings, studios are the most common rental type in Downtown Portland with about 60 listings available monthly, closely followed by one-bedrooms at approximately 59 listings.

Why Downtown Portland, Portland is a great place to live

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.

What type of apartment is least common inDowntown Portland, Portland, OR?

Based on our current listings, three-bedroom apartments are the least common rental type in Downtown Portland, with about 5 listings available monthly.

Methodology: How we got this data

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 2026 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.

Looking for apartments in Downtown Portland, Portland, OR near you?

🔑Available apartment rentals123
💰Best rent deal2065 South River Parkway
✨Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos