Last updated on November 8, 2026

Average rent in
Downtown Portland, Portland, OR

Median rent

Median rent in Downtown Portland

$1,350/mo

increased by2%

vs previous year

The average rent in Downtown Portland is $1,350 per month as of November 2026. This is 29% below the national average rent, or $550 less per month.

$2.09

average price per square foot

Total rentals

Available rentals in Downtown Portland

53

for rent on Zumper.com as of November 2026

Rent price distribution

Share of Downtown Portland rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Downtown Portland, Portland, OR

Average rent prices in Downtown Portland have remained the same over the last month and have increased by 2% since last year.

Rent trends

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

Compare rent prices in Downtown Portland, Portland, OR

Rent prices in Downtown Portland vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Portland is $1,297, whereas a house costs $5,150. 1-bedroom apartments in Downtown Portland run $1,350 on average, while 2-bedroom apartments are $1,850.

Listings

Studio

$1,032

6%

4%

1 bedroom

$1,375

No Change

4%

2 bedroom

$1,930

1%

2%

3 bedroom

$3,199

No Change

26%

4 bedroom

$7,710

No Change

7%

Studio

Average rent

$1,032

Last 30 days

6%

Last year

4%

1 bedroom

Average rent

$1,375

Last year

4%

2 bedroom

Average rent

$1,930

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$3,199

Last year

26%

4 bedroom

Average rent

$7,710

Last year

7%

Buckman

Average rent

$1,545

Corbet Terwilliger Lair Hill

Average rent

$1,597

Goose Hollow

Average rent

$1,362

Kerns

Average rent

$1,507

Northwest District

Average rent

$1,485

Pearl

Average rent

$1,973

Apartments

Average rent

$1,297

Last 30 days

2%

Last year

1%

Condos

Average rent

$2,045

Last 30 days

2%

Last year

9%

Houses

Average rent

$5,150

Last 30 days

6%

Last year

204%

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.

How does rent in Downtown Portland, Portland, OR compare to other neighborhoods?

Compare median rent prices in Downtown Portland and Buckman by all bedroom counts and property types.

Downtown Portland

Median rent price$1,350
decreased by29%

lower than the national median

Median rent price$1,545
decreased by19%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Portland, Portland, OR is 13% lower than the median rent in Buckman, Portland, OR.

Discover rentals in Downtown Portland, Portland, OR

Peter Paulson - Photo 1 of 1

5d+ ago

7.6

Very good

Peter Paulson

1530 Sw 13th Ave, Portland, OR 97201

Studio

1 bath

$587

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Gretchen Kafoury Commons - Photo 1 of 1
No deposit

1d ago

8.8

Very good

Gretchen Kafoury Commons

1240 Sw Columbia St, Portland, OR 97201

Studio–1 bed

1 bath

$791–$1,210

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Westshore Apartments - Photo 1 of 1

2d ago

8.4

Very good

Westshore Apartments

222 Sw Pine St, Portland, OR 97204

Studio–1 bed

1 bath

$795–$1,195

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Hamilton West - Photo 1 of 1

5d+ ago

8.5

Very good

Hamilton West

1212 Sw Clay St, Portland, OR 97201

Studio

1 bath

$879

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
0305 Sw Montgomery St #509 - Photo 1 of 1

5d+ ago

Downtown Portland townhouse for rent in Portland

0305 Sw Montgomery St #509, Portland, OR 97201

2 beds

2 baths

$6,750

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
550 Sw 10th Ave #2802 - Photo 1 of 1

4d ago

Downtown Portland house for rent in Portland

2 beds

2.5 baths

$6,700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1221 Sw 10th Ave - Photo 1 of 1

5d+ ago

Downtown Portland condo for rent in Portland

2 beds

2 baths

$5,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
140 Sw Columbia St - Photo 1 of 1

1d ago

Downtown Portland apartment for rent in Portland

1 bed

1 bath

$2,401

Price dropped $570Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Cumberland Apartments - Photo 1 of 1
Rent special

1d ago

9.4

Excellent

Our team has verified this company

Verified

Cumberland Apartments

1405 Sw Park Ave, Portland, OR 97201

Studio

1 bath

$995–$1,100

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

The Gentry Apartments - Photo 1 of 1

1d ago

9.6

Excellent

Our team has verified this company

Verified

The Gentry Apartments

909 Sw 12th Ave, Portland, OR 97205

Studio–1 bed

1 bath

$935–$1,195

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

The Vue - Photo 1 of 1
3D tour

3d ago

9.9

Excellent

Our team has verified this company

Verified

The Vue

1717 Sw Park Ave, Portland, OR 97201

Studio–3 beds

1–2 baths

$1,079–$3,335

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Call

Goose Hollow Tower - Photo 1 of 1
Student housing
3D tour

1d ago

9.7

Excellent

Our team has verified this company

Verified

Goose Hollow Tower

1630 SW Clay St, Portland, OR 97201

Studio–2 beds

1 bath

$1,050–$1,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

The Vue - Photo 1 of 1
3D tour

3d ago

9.9

Excellent

Our team has verified this company

Verified

The Vue

1717 Sw Park Ave, Portland, OR 97201

Studio–3 beds

1–2 baths

$1,079–$3,335

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Call

Goose Hollow Tower - Photo 1 of 1
Student housing
3D tour

1d ago

9.7

Excellent

Our team has verified this company

Verified

Goose Hollow Tower

1630 SW Clay St, Portland, OR 97201

Studio–2 beds

1 bath

$1,050–$1,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Goose Hollow Plaza - Photo 1 of 1
Student housing

2d ago

9.7

Excellent

Our team has verified this company

Verified

Goose Hollow Plaza

1604 SW Clay St, Portland, OR 97201

1–2 beds

1 bath

$1,350–$1,650

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

The Gentry Apartments - Photo 1 of 1

1d ago

9.6

Excellent

Our team has verified this company

Verified

The Gentry Apartments

909 Sw 12th Ave, Portland, OR 97205

Studio–1 bed

1 bath

$935–$1,195

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Cumberland Apartments - Photo 1 of 1
Rent special

1d ago

9.4

Excellent

Our team has verified this company

Verified

Cumberland Apartments

1405 Sw Park Ave, Portland, OR 97201

Studio

1 bath

$995–$1,100

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

The Gentry Apartments - Photo 1 of 1

1d ago

9.6

Excellent

Our team has verified this company

Verified

The Gentry Apartments

909 Sw 12th Ave, Portland, OR 97205

Studio–1 bed

1 bath

$935–$1,195

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Goose Hollow Tower - Photo 1 of 1
Student housing
3D tour

1d ago

9.7

Excellent

Our team has verified this company

Verified

Goose Hollow Tower

1630 SW Clay St, Portland, OR 97201

1 bed

1 bath

$1,250

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

The Amy - Photo 1 of 1
Student housing
3D tour

2d ago

9.6

Excellent

Our team has verified this company

Verified

The Amy

2031 SW 10th Ave, Portland, OR 97201

Studio–1 bed

1 bath

$995–$1,350

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

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Frequently asked questions for Downtown Portland, Portland, OR

Quick answers to common questions about the Downtown Portland rental market.

How much is rent in Downtown Portland?

The average rent in Downtown Portland is $1,350 per month as of November 7, 2026.

Is rent up or down in Downtown Portland?

Average rent prices in Downtown Portland have remained the same over the last month and have increased by 2% since last year.

How does Downtown Portland rent compare to the national average?

Rent in Downtown Portland is 29% below the national average, which means renters are paying approximately $550 less per month.

What salary do I need to afford rent in Downtown Portland?

To comfortably afford rent in Downtown Portland, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).