Bedroom count

Property type

Last updated on February 7, 2026

Average rent in
Downtown Portland, Portland, OR

Last updated on February 7, 2026

Last updated on February 7, 2026

Bedroom count

Property type

As of February 2026, the median rent for all bedroom counts and property types in Downtown Portland, Portland, OR is $1,300. This is -32%, or $600, lower than the national average.

$2.23

average price per square foot

Median rent

$1,300

decreased by9%
over the previous yearvs previous year

Total rentals

59

for rent on Zumper.com

As of February 2026, the median rent for all bedroom counts and property types in Downtown Portland, Portland, OR is $1,300. This is -32%, or $600, lower than the national average.

$2.23

average price per square foot

Rent ranges

4%
59%
25%
8%
3%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

84%
16%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Downtown Portland, Portland, OR

Rent price trends

Rent prices for all bedroom counts and property types in Downtown Portland, Portland, OR have increased by 2% in the last month and have decreased by 9% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Downtown Portland, Portland, OR

The monthly rent for an apartment in Downtown Portland, Portland, OR is $1,256. A 1-bedroom apartment in Downtown Portland, Portland, OR costs about $1,306 on average, while a 2-bedroom apartment is $2,075. Houses for rent in Downtown Portland, Portland, OR are more expensive, with an average monthly cost of $3,200.

Comparables

1 bedroom

$1,325

1%

19%

2 bedroom

$2,105

4%

12%

3 bedroom

$2,345

8%

15%

4 bedroom

$4,750

2%

-

Studio

$999

1%

5%

Studio

Average rent

$999

Last 30 days

1%

Last year

5%

1 bedroom

Average rent

$1,325

Last 30 days

1%

Last year

19%

2 bedroom

Average rent

$2,105

Last 30 days

4%

Last year

12%

3 bedroom

Average rent

$2,345

Last 30 days

8%

Last year

15%

4 bedroom

Average rent

$4,750

Last 30 days

2%

The table above reflects average rent prices in Downtown Portland, Portland, OR, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Downtown Portland, Portland, OR to other neighborhoods

Median rent prices in Downtown Portland, Portland, OR for all bedroom counts and property types compared to Buckman, Portland, OR.

Downtown Portland

Median rent price$1,300
decreased by32%

lower than the national median

Median rent price$1,513
decreased by20%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Portland, Portland, OR is 14% lower than the median rent in Buckman, Portland, OR.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby neighborhoods

Explore rent trends in other markets

Buckman

$1,513

increased by12%

Last year

Corbet Terwilliger Lair Hill

$1,589

increased by14%

Last year

Goose Hollow

$1,350

decreased by5%

Last year

Kerns

$1,500

increased by46%

Last year

Northwest District

$1,349

increased by11%

Last year

Pearl

$2,000

increased by3%

Last year

Apartments for rent in Aloha

Discover rentals in Downtown Portland, Portland, OR

Peter Paulson - Photo 1 of 1

18h ago

7.6

Very good

Peter Paulson

1530 Sw 13th Ave, Portland, OR 97201

Studio

1 bath

$587

Apartment for rent

523 Sw 13th Ave - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

Apartment for rent

Fountain Place Apartments - Photo 1 of 1

16h ago

8.8

Very good

Fountain Place Apartments

929 Sw Salmon St, Portland, OR 97205

Studio

1 bath

$680–$860

Apartment for rent

Gretchen Kafoury Commons - Photo 1 of 1

4h ago

8.6

Very good

Gretchen Kafoury Commons

1240 Sw Columbia St, Portland, OR 97201

Studio–1 bed

1 bath

$702–$1,100

Apartment for rent

Hamilton West - Photo 1 of 1

1h ago

8.6

Very good

Hamilton West

1212 Sw Clay St, Portland, OR 97201

Studio–1 bed

1 bath

$757–$1,237

Apartment for rent

#356 ARTHUR APARTMENTS - Photo 1 of 1

2h ago

8.6

Very good

#356 ARTHUR APARTMENTS

726 Sw 11th Ave, Portland, OR 97205

Studio

1 bath

$775–$1,150

Apartment for rent

1126 SW 12th Avenue - Photo 1 of 1

2h ago

8.4

Very good

1126 SW 12th Avenue

1126 Sw 12th Ave, Portland, OR 97205

Studio

1 bath

$800–$1,000

Apartment for rent

Morrison Park Apartments - Photo 1 of 1
Income restricted

3d ago

8.6

Very good

Morrison Park Apartments

623 Sw Park Ave, Portland, OR 97205

Studio–2 beds

1 bath

$875–$1,200

Apartment for rent