How much is the average rent in Portland, OR for 1-bedroom and 2-bedroom apartments?

Portland's 2025 rental market shows 1-bedroom apartments averaging around $1,400 per month, while 2-bedroom units average around $1,700 monthly. These figures reflect the current market conditions across the city's diverse neighborhoods.

Are rents going up or down in Portland, OR?

Rents in Portland, OR have slightly declined in 2024, with an average decrease of 2.86% year-over-year. Specifically, 1-bedroom rents decreased by 2.69%, and 2-bedroom rents are around $1,841.

When is the best time to look for an apartment in Portland, OR?

December stands out as the least competitive month with lower demand across the board and the lowest rents of the year. February has the highest rent while April and August are the most competitive months with higher overall demand compared to available inventory.

What are the best neighborhoods to rent an apartment in Portland, OR?

Downtown Portland and Pearl neighborhoods lead with exceptional walk scores and high transit frequency for vibrant social scenes. Old Town - Chinatown and Goose Hollow offer abundant restaurants and well-developed street infrastructure that support active community life.

What areas of Portland, OR are best for budget-conscious renters?

Collins View offers the most savings at around $980 per month, running 30% below the city median. Old Town Chinatown provides another budget option at around $1,150 monthly, which is 18% below median, while Parkrose runs 15% under the city median at around $1,200 per month.

Are there pet-friendly apartments in Portland, OR?

Portland welcomes pet owners with 58% of listings offering pet-friendly policies, reflecting the city's accommodating attitude toward four-legged residents. Russell, Pearl, Sabin, and Richmond neighborhoods are particularly ideal for pet owners, featuring dedicated pet spaces, pet-safe windows, and convenient access to dog parks and pet services.

Are utilities usually included in rent in Portland, OR?

Utilities are rarely included in Portland rental listings, appearing in less than 1% of available apartments across all bedroom types. Three-bedroom apartments have the highest rate of utility inclusion at approximately 0.13% of listings, while studios have the lowest at 0.04%.

Luxury Apartments for Rent in Portland, OR

1,041 rentals

Corbett Heights Apartments - Photo 1 of 1

16h ago

8.5

Very good

Corbett Heights Apartments

3916 S Corbett Ave, Portland, OR 97239

Luxury | In-unit laundry | Air conditioning

Studio–1 bed

1 bath

$1,350–$1,699

Apartment for rent

Top amenities

Air Conditioning

Carpet

Dishwasher

In-Unit Laundry

On-Site Laundry

Storage

16h ago

8.9

Very good

Savoy Apartments

2307 Nw Hoyt St, Portland, OR 97210

Luxury | On-site laundry | Storage

Studio

1 bath

$1,215

Apartment for rent

Top amenities

On-Site Laundry

16h ago

8.5

Very good

30k

3011 Ne Killingsworth St, Portland, OR 97211

Luxury | In-unit laundry | Controlled access

Studio–2 beds

1–2 baths

$1,199–$2,090

Apartment for rent

Top amenities

Air Conditioning

Controlled Access

Dishwasher

In-Unit Laundry

Microwave

On-Site Laundry

18h ago

8.5

Very good

Slogan Apartments

1510 N Sumner St, Portland, OR 97217

Luxury | In-unit laundry | Dishwasher

Studio–2 beds

1–2 baths

$1,250–$2,195

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

No deposit

18h ago

8.7

Very good

#299 JANEWOOD WEST

10800 Sw Barbur Blvd, Portland, OR 97219

Luxury | Dishwasher | Oven

Studio

1 bath

$1,050

Apartment for rent

18h ago

8.9

Very good

Central Lofts Apartments

7373 N Philadelphia Ave, Portland, OR 97203

Luxury | Package service

Studio–1 bed

1 bath

$1,300–$1,515

Apartment for rent

Nearby rental good for eco-living

$1,200–$1,400

1929 Nw Irving St

Nearby rental good for pet owners

$1,425

1260 Se Lambert St

19h ago

8.7

Very good

The Hawthorne Apts

4717 Se Hawthorne Blvd, Portland, OR 97215

Luxury | Balcony | In-unit laundry

1 bed

1 bath

$1,495–$1,550

Apartment for rent

Top amenities

Ceiling Fan

Dishwasher

In-Unit Laundry

Microwave

Storage

Stunning Home with ADU in Burlingame SW Portland - Photo 1 of 1

22h ago

8.3

Very good

Stunning Home with ADU in Burlingame SW Portland

617 617 & 623 SW Lobelia St, Portland, OR 97219

Luxury | In-unit laundry | Dishwasher

1 bed

1 bath

$1,495

Apartment for rent

Top amenities

In-Unit Laundry

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2d ago

8.9

Very good

2821 SE 50th Ave.

2821 Se 50th Ave, Portland, OR 97206

Luxury | In-unit laundry | Hardwood floor

1 bed

1 bath

$1,529

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

ELIZABETH APARTMENTS (ELIZ01) - Photo 1 of 1

2d ago

8.9

Very good

ELIZABETH APARTMENTS (ELIZ01)

228 Nw 22nd Ave, Portland, OR 97210

Luxury | Walk-in closets | On-site laundry

Studio

1 bath

$1,275–$1,300

Apartment for rent

Top amenities

On-Site Laundry

Storage

Find sweet deals in Portland

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

$1,074–$1,156

2631 N Mississippi Ave

$1,350

3155 S Moody Ave

N/A

8338 N Interstate Ave

$1,749–$2,025

910 N Harbour Dr

2d ago

9.4

Excellent

Burnie (1 & 2)

5980 E Burnside St, Portland, OR 97215

Luxury | Balcony | In-unit laundry

Studio–2 beds

1 bath

$1,095–$1,599

Apartment for rent

Top amenities

Ceiling Fan

High Ceilings

In-Unit Laundry

2d ago

Luxury Goose Hollow apartment for rent in Portland

801A Sw Green Ave, Portland, OR 97205

Luxury | On-site laundry | On-site management

Studio

1 bath

$1,200

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

2d ago

8.5

Very good

485 SE 14th Ave.

485 Se 14th Ave, Portland, OR 97214

Luxury | In-unit laundry | Package service

Studio

1 bath

$1,400

Apartment for rent

Top amenities

In-Unit Laundry

Package Service

CASTLE ROSE APARTMENTS (BALM05) - Photo 1 of 1

2d ago

9.2

Excellent

CASTLE ROSE APARTMENTS (BALM05)

2421 Ne Irving St, Portland, OR 97232

Luxury | On-site laundry | Hardwood floor

Studio–1 bed

1 bath

$1,250–$1,350

Apartment for rent

Top amenities

On-Site Laundry

The Zelkova by Star Metro - Photo 1 of 1

Highly rated

3D tour

2d ago

9.2

Excellent

The Zelkova by Star Metro

6800 N Interstate Ave, Portland, OR 97217

Luxury | In-unit laundry | Controlled access

Studio

1 bath

$995

Apartment for rent

Top amenities

Controlled Access

Elevator

Hardwood Floor

In-Unit Laundry

KINGSBURY APARTMENTS (KING01) - Photo 1 of 1

2d ago

8.3

Very good

KINGSBURY APARTMENTS (KING01)

760 Sw Vista Ave, Portland, OR 97205

Luxury | Walk-in closets | On-site laundry

1 bed

1 bath

$1,400–$1,500

Apartment for rent

Top amenities

On-Site Laundry

Highly rated

2d ago

8.7

Very good

831 SW Vista Ave

831 Sw Vista Ave, Portland, OR 97205

Luxury | Walk-in closets | Fitness center

1 bed

1 bath

$1,500

Apartment for rent

Top amenities

On-Site Laundry

Storage

MARQUAM MANOR APARTMENTS (MCM03) - Photo 1 of 1

Highly rated

2d ago

8.9

Very good

MARQUAM MANOR APARTMENTS (MCM03)

3211 Sw 10th Ave, Portland, OR 97239

Luxury | Walk-in closets | On-site laundry

Studio

1 bath

$1,250–$1,450

Apartment for rent

Top amenities

On-Site Laundry

JEANNE MANOR APARTMENTS (JEAN01) - Photo 1 of 1

Highly rated

3D tour

2d ago

8.9

Very good

JEANNE MANOR APARTMENTS (JEAN01)

1431 Sw Park Ave, Portland, OR 97201

Luxury | Walk-in closets | On-site laundry

Studio–1 bed

1 bath

$1,100–$1,550

Apartment for rent

Top amenities

On-Site Laundry

2d ago

8.5

Very good

3320 SE 90th Pl

3320 Se 90th Pl, Portland, OR 97266

Luxury | In-unit laundry | Air conditioning

Studio

1 bath

$1,295

Apartment for rent

Top amenities

Air Conditioning

In-Unit Laundry

Microwave

Highly rated

2d ago

8.7

Very good

Tabor Commons

1020 Se 60th Ave, Portland, OR 97215

Luxury | Fitness center | Air conditioning

Studio

1 bath

$1,025–$1,275

Apartment for rent

Top amenities

Air Conditioning

Elevator

On-Site Laundry

Oven

Storage

6411 Albina by Star Metro - Photo 1 of 1

3D tour

2d ago

8.3

Very good

6411 Albina by Star Metro

6411 N Albina Ave, Portland, OR 97217

Luxury | On-site laundry | Hardwood floor

1 bed

1 bath

$1,495

Apartment for rent

Top amenities

Hardwood Floor

On-Site Laundry

The Bozeman by Star Metro - Photo 1 of 1

3D tour

2d ago

8.6

Very good

The Bozeman by Star Metro

6280 N Montana Ave, Portland, OR 97217

Luxury | On-site laundry | Hardwood floor

Studio–1 bed

1 bath

$1,245–$1,395

Apartment for rent

Top amenities

On-Site Laundry

Oven

31st Century by Star Metro - Photo 1 of 1

3D tour

2d ago

8.5

Very good

31st Century by Star Metro

3101 Se Morrison St, Portland, OR 97214

Luxury | In-unit laundry | Hardwood floor

1 bed

1 bath

$1,895

Apartment for rent

Top amenities

Dishwasher

Hardwood Floor

In-Unit Laundry

Castle Manor by Star Metro - Photo 1 of 1

Highly rated

3D tour

2d ago

8.5

Very good

Castle Manor by Star Metro

1431 Ne 21st Ave, Portland, OR 97232

Luxury | Controlled access | On-site laundry

1 bed

1 bath

$1,495

Apartment for rent

Top amenities

On-Site Laundry

Irvington Apartments by Star Metro - Photo 1 of 1

3D tour

2d ago

8.5

Very good

Irvington Apartments by Star Metro

1430 1430 NE Mason St & 1431 NE Shaver St, Portland, OR 97211

Luxury | On-site laundry | Hardwood floor

1 bed

1 bath

$1,645

Apartment for rent

Top amenities

On-Site Laundry

3D tour

2d ago

8.3

Very good

Rose Court by Star Metro

2500 Ne Hoyt St, Portland, OR 97232

Luxury | Walk-in closets | Controlled access

Studio–1 bed

1 bath

$1,295–$1,545

Apartment for rent

Top amenities

Hardwood Floor

On-Site Laundry

2d ago

9.4

Excellent

Everett

1616 Nw Everett St, Portland, OR 97209

Luxury | Balcony | In-unit laundry

Studio–1 bed

1 bath

$1,199–$1,599

Apartment for rent

Top amenities

Ceiling Fan

Controlled Access

Dishwasher

Hardwood Floor

In-Unit Laundry

Oven

NEVADA COURT APARTMENTS (MCM02) - Photo 1 of 1

2d ago

8.9

Very good

NEVADA COURT APARTMENTS (MCM02)

2185 Sw Yamhill St, Portland, OR 97205

Luxury | Walk-in closets | On-site laundry

Studio–1 bed

1 bath

$1,175–$1,575

Apartment for rent

Top amenities

On-Site Laundry

Storage

3d ago

8.6

Very good

1126 SW 12th Avenue

1126 Sw 12th Ave, Portland, OR 97205

Luxury | On-site laundry

Studio

1 bath

$825–$1,050

Apartment for rent

Top amenities

On-Site Laundry

OVERTON PARK APARTMENTS (HASM01) - Photo 1 of 1

Highly rated

3d ago

9.1

Excellent

OVERTON PARK APARTMENTS (HASM01)

2315 Nw Overton St, Portland, OR 97210

Luxury | Balcony | In-unit laundry

1 bed

1 bath

$1,850–$1,950

Apartment for rent

Top amenities

Dishwasher

Hardwood Floor

In-Unit Laundry

3d ago

8.3

Very good

THE BILTMORE (BIL01)

2014 Nw Glisan St, Portland, OR 97209

Luxury | On-site laundry | Hardwood floor

Studio–1 bed

1 bath

$1,275–$1,700

Apartment for rent

Top amenities

On-Site Laundry

CARMEN APARTMENTS (JAMJ01) - Photo 1 of 1

Highly rated

3d ago

8.9

Very good

CARMEN APARTMENTS (JAMJ01)

2030 Nw Marshall St, Portland, OR 97209

Luxury | Walk-in closets | On-site laundry

Studio

1 bath

$1,200–$1,250

Apartment for rent

Top amenities

On-Site Laundry

REGENT APARTMENTS (REG01) - Photo 1 of 1

3d ago

8.8

Very good

REGENT APARTMENTS (REG01)

1975 Nw Everett St, Portland, OR 97209

Luxury | Walk-in closets | On-site laundry

1 bed

1 bath

$1,425–$1,700

Apartment for rent

Top amenities

On-Site Laundry

MONTEREY APARTMENTS (SCHP03) - Photo 1 of 1

3d ago

Excellent

MONTEREY APARTMENTS (SCHP03)

1963 Nw Irving St, Portland, OR 97209

Luxury | Hardwood floor

1 bed

1 bath

$1,550

Apartment for rent

3d ago

7.7

Very good

Cha-Ray Apartments

5050 Ne Killingsworth St, Portland, OR 97218

Luxury | On-site laundry | Assigned parking

1 bed

1 bath

$1,499

Apartment for rent

Top amenities

On-Site Laundry

VILLA DOROTHEA APARTMENTS (VIL01) - Photo 1 of 1

3d ago

8.6

Very good

VILLA DOROTHEA APARTMENTS (VIL01)

1731 Nw Everett St, Portland, OR 97209

Luxury | Walk-in closets | On-site laundry

Studio–2 beds

1 bath

$1,150–$1,650

Apartment for rent

Top amenities

On-Site Laundry

Storage

3d ago

8.3

Very good

Cap Hill

7980 Sw Capitol Hill Rd, Portland, OR 97219

Luxury

Studio–2 beds

1 bath

$1,349–$1,795

Apartment for rent

3d ago

8.5

Very good

11 Marché Apartments

1115 Sw Market St, Portland, OR 97201

Luxury | In-unit laundry | Air conditioning

Studio–2 beds

1–2 baths

$1,215–$2,199

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

Microwave

3d ago

8.8

Very good

Greeley 5880 PDX

5880 N Greeley Ave, Portland, OR 97217

Luxury | Balcony | In-unit laundry

Studio–1 bed

1 bath

$1,195–$1,350

Apartment for rent

Top amenities

Air Conditioning

In-Unit Laundry

Income restricted

3D tour

3d ago

9.1

Excellent

L39 Group

7550 N Lombard St, Portland, OR 97203

Luxury | Balcony | In-unit laundry

Studio–1 bed

1 bath

$1,224–$1,615

Apartment for rent

Top amenities

In-Unit Laundry

4210-4230 SW View Point Terrace - Photo 1 of 1

3d ago

9.4

Excellent

4210-4230 SW View Point Terrace

4210 Sw View Point Ter, Portland, OR 97239

Luxury | In-unit laundry | Assigned parking

1 bed

1 bath

$1,449

Apartment for rent

Top amenities

Assigned Parking

In-Unit Laundry

Storage

3d ago

8.6

Very good

72ND

5855 Se 72nd Ave, Portland, OR 97206

Luxury | In-unit laundry

Studio

1 bath

$1,195–$1,250

Apartment for rent

Top amenities

In-Unit Laundry

3d ago

8.8

Very good

Derby Slabtown

1075 Nw 16th Ave, Portland, OR 97209

Luxury | Controlled access | Air conditioning

Studio–1 bed

1 bath

$999–$1,350

Apartment for rent

Top amenities

Controlled Access

Microwave

On-Site Laundry

On-Site Management

Wi-Fi

3d ago

9.2

Excellent

7350 N Greenwich Ave

7350 N Greenwich Ave, Portland, OR 97217

Luxury | In-unit laundry | Dishwasher

1 bed

1 bath

$1,399

Apartment for rent

Top amenities

In-Unit Laundry

3d ago

9.4

Excellent

10306 - ( P )

10306 Ne Wygant St, Portland, OR 97220

Luxury | On-site laundry | Assigned parking

Studio

1 bath

$995

Apartment for rent

Top amenities

On-Site Laundry

Belmont Court by Star Metro - Photo 1 of 1

3D tour

3d ago

8.9

Very good

Belmont Court by Star Metro

1410 Se Belmont St, Portland, OR 97214

Luxury | Controlled access | On-site laundry

Studio

1 bath

$1,295

Apartment for rent

Top amenities

Controlled Access

On-Site Laundry

Villa Royalle by Star Metro - Photo 1 of 1

3D tour

3d ago

8.3

Very good

Villa Royalle by Star Metro

2437 Ne Hoyt St, Portland, OR 97232

Luxury | On-site laundry | Hardwood floor

1 bed

1 bath

$1,695

Apartment for rent

Top amenities

On-Site Laundry

The Maverick by Star Metro - Photo 1 of 1

3d ago

8.7

Very good

The Maverick by Star Metro

2340 Se 50th Ave, Portland, OR 97215

Luxury | In-unit laundry | Hardwood floor

1 bed

1 bath

$1,595

Apartment for rent

Top amenities

Hardwood Floor

In-Unit Laundry

3d ago

7.5

Very good

Wygant Flats

1375 N Wygant St, Portland, OR 97217

Luxury

2 beds

2 baths

$3,199–$3,800

Apartment for rent

Showing 1 - 50 of 522 results

Home > Apartments in Portland > Portland Luxury Apartments For Rent

Updated: June 1, 2026

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