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Apartments for Rent in Downtown Portland, Portland, OR

217 rentals

2211 Sw 4th Ave - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

1 bed

1 bath

$1,262

$1,186

Price drop

Apartment for rent

Embrace Urban Living!

Step into a vibrant lifestyle in this modern studio apartment, perfect for those seeking convenience and style in downtown Portland. With an efficient layout offering 288 sq ft of cozy living space, residents can enjoy easy access to local eateries and attractions. Experience the excitement of city life while having a welcoming space to unwind at the end of the day.

620 Sw Park Ave #31 - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

620 Sw Park Ave #31, Portland, OR 97205

In-unit laundry | Furnished | Air conditioning

2 beds

1 bath

$2,350

Apartment for rent

Available Jul 7

Description

Amazing 2 bedroom, 1 bathroom furnished apartment in the historic Esquire building in downtown Portland. PLEASE CONTACT Carl Coffman at 503-475-6129 or **** to schedule a tour. You can also visit our website at www esquirepdx com to learn more. (Furnished pictures coming soon.) Amenities included: central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, updated bathroom, washer dryer, newly remodeled, building elevator, LEED gold certified, bike score of 93, walk score of 100, transit score of 94, and inside bike storage. Garbage/

230 Sw Ash St - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

Apartment for rent

Luxe Urban Living in Dynamic Downtown Community

Experience upscale living in this stylish 1-bed, 1-bath apartment with a spacious layout spanning 564 sq ft. Nestled in the heart of Downtown Portland, this residence combines natural materials with modern industrial features. Unwind in the vibrant community with amenities that encourage relaxation and socializing amidst the city's exciting energy. Ideal for those seeking the ultimate urban lifestyle, where comfort meets convenience.

1209 Sw 6th Ave #404 - Photo 1 of 1

5d+ ago

Downtown Portland condo for rent in Portland

Condo for rent

Elegant Historic Condo with Rooftop Views

Experience luxury living in this exquisite 1,143 sq ft historic condo featuring 2 spacious bedrooms and a beautifully remodeled bath. The formal dining room and large living room boast stunning period details, while the gourmet kitchen delights with quartz counters and high-end appliances. Enjoy breathtaking downtown views from the rooftop terrace, and take advantage of the fantastic location with a Walk Score of 99, placing you steps away from transit and vibrant downtown Portland amenities.

140 Sw Columbia St - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

Studio

1 bath

$1,780

Apartment for rent

Sleek Downtown Studio in Heart of Portland

Experience elevated living in this sophisticated studio located in a sleek high-rise in downtown Portland. Steps from the waterfront, this 694 sq ft apartment offers a warm, inviting atmosphere infused with the city's vibrant culture. The pet-friendly Portland Astoria seamlessly combines elegance and approachability, providing an exquisite escape from the bustling city life while keeping you connected.

1710 South Harbor Way #202 - Photo 1 of 1

5d+ ago

Downtown Portland condo for rent in Portland

1710 South Harbor Way #202, Portland, OR 97201

In-unit laundry | Garage parking | Assigned parking

1 bed

0 baths

$1,750

Condo for rent

Available Dec 3

Cozy Condo with Serene Patio & Riverfront Access

This inviting 1-bedroom, 1-bathroom condo boasts 790 sq. ft. of comfort with a cozy fireplace and a private patio that opens to a tranquil courtyard. Enjoy deeded secure garage parking and convenient access to Tom McCall Park for outdoor activities. Ideal for urban living, this property is close to riverfront shops and offers easy access to public transit, making city life enjoyable and accessible. Water, sewer, and trash are included in the rent!

205 S Montgomery St #202 - Photo 1 of 1

5d+ ago

Downtown Portland condo for rent in Portland

1BR/1.0BA

205 S Montgomery St #202, Portland, OR 97201

In-unit laundry | Dishwasher | Microwave

1 bed

1 bath

$1,850

Condo for rent

Chic SE Corner Condo with Balcony & River Access

This stylish 790 sq. ft. 1-bed, 1-bath condo shines with wood floors and a wood-burning fireplace. Featuring stainless appliances, a breakfast bar, and a covered balcony with access from the living and bedroom. Enjoy the convenience of in-unit laundry, two closets with built-ins, and one reserved parking space. Nestled in a vibrant harborside community, easy access to downtown, parks, and local eateries make this an ideal urban retreat. Dog-friendly, too!

1500 Sw 5th Ave #1101 - Photo 1 of 1

5d+ ago

Downtown Portland condo for rent in Portland

1500 Sw 5th Ave #1101, Portland, OR 97201

In-unit laundry | Garage parking | Assigned parking

3 beds

2 baths

$5,799

Condo for rent

Luxurious Penthouse with Stunning City Views

Immerse in urban elegance within this stunning 3-bedroom, 2-bath penthouse, boasting 2,436 sq ft of upscale living space. The open-concept design features floor-to-ceiling curved glass for breathtaking skyline views, a chef-worthy kitchen with a striking granite island, and a luxurious primary suite with spa-like en-suite. Enjoy resort-style amenities including a sparkling pool, state-of-the-art fitness center, and 24-hour concierge service in a prime Downtown Portland location.

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Home > Apartments in Portland > Downtown Portland Apartments For Rent
Updated: February 7, 2026

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Learn more about renting in Downtown Portland, Portland, OR

Downtown Portland, Portland apartment availability

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, Portland rental market trends

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.

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.

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 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.

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

🔑Available apartment rentals217
💰Best rent deal2211 Sw 4th Ave
Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos