Bedroom count

Property type

Last updated on May 13, 2026

Average rent in
Downtown Portland, Portland, OR

Last updated on May 13, 2026

Last updated on May 13, 2026

Bedroom count

Property type

As of May 2026, the median rent for all bedroom counts and property types in Downtown Portland, Portland, OR is $1,250. This is -36%, or $700, lower than the national average.

$2.05

average price per square foot

Median rent

$1,250

decreased by3%
over the previous yearvs previous year

Total rentals

47

for rent on Zumper.com

As of May 2026, the median rent for all bedroom counts and property types in Downtown Portland, Portland, OR is $1,250. This is -36%, or $700, lower than the national average.

$2.05

average price per square foot

Rent ranges

6%
62%
18%
11%
2%
$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 decreased by 2% in the last month and have decreased by 3% 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 $1,225. A 1-bedroom apartment in Downtown Portland, Portland, OR costs about $1,320 on average, while a 2-bedroom apartment is $1,950. Houses for rent in Downtown Portland, Portland, OR are more expensive, with an average monthly cost of $2,875.

Comparables

1 bedroom

$1,322

1%

1%

2 bedroom

$2,199

3%

10%

3 bedroom

$3,097

No Change

17%

4 bedroom

$5,195

13%

29%

Studio

$995

No Change

1%

Studio

Average rent

$995

Last 30 days

No Change

Last year

1%

1 bedroom

Average rent

$1,322

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$2,199

Last 30 days

3%

Last year

10%

3 bedroom

Average rent

$3,097

Last 30 days

No Change

Last year

17%

4 bedroom

Average rent

$5,195

Last 30 days

13%

Last year

29%

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$1,250
decreased by36%

lower than the national median

Median rent price$1,530
decreased by22%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Portland, Portland, OR is 18% 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

$1,530

increased by9%

Last year

Corbet Terwilliger Lair Hill

$1,554

increased by8%

Last year

Goose Hollow

$1,359

decreased by12%

Last year

Kerns

$1,495

increased by31%

Last year

Northwest District

$1,337

increased by11%

Last year

Pearl

$1,930

increased by1%

Last year

Apartments for rent in Aloha

Discover rentals in Downtown Portland, Portland, OR

#356 ARTHUR APARTMENTS - Photo 1 of 1

5d+ ago

8.1

Very good

#356 ARTHUR APARTMENTS

726 Sw 11th Ave, Portland, OR 97205

Studio

1 bath

$750–$1,295

Apartment for rent

Hamilton West - Photo 1 of 1

5d+ ago

8.6

Very good

Hamilton West

1212 Sw Clay St, Portland, OR 97201

Studio–1 bed

1 bath

$789–$1,292

Apartment for rent

#397 ST. JAMES APARTMENTS - Photo 1 of 1

1d ago

8.1

Very good

#397 ST. JAMES APARTMENTS

412 Sw 4th Ave, Portland, OR 97204

Studio

1 bath

$795–$1,075

Apartment for rent

1126 SW 12th Avenue - Photo 1 of 1

5d+ ago

8.6

Very good

1126 SW 12th Avenue

1126 Sw 12th Ave, Portland, OR 97205

Studio

1 bath

$825–$1,050

Apartment for rent

Fountain Place Apartments - Photo 1 of 1

4d ago

8.8

Very good

Fountain Place Apartments

929 Sw Salmon St, Portland, OR 97205

Studio

1 bath

$860

Apartment for rent

Morrison Park Apartments - Photo 1 of 1
Income restricted

6h ago

8.4

Very good

Morrison Park Apartments

623 Sw Park Ave, Portland, OR 97205

Studio

1 bath

$875

Apartment for rent

Cumberland Apartments - Photo 1 of 1

4d ago

9.7

Excellent

Our team has verified this company

Verified

Cumberland Apartments

1405 Sw Park Ave, Portland, OR 97201

Studio

1 bath

$900–$1,075

Apartment for rent

Call

Gretchen Kafoury Commons - Photo 1 of 1
No deposit

4d ago

8.3

Very good

Gretchen Kafoury Commons

1240 Sw Columbia St, Portland, OR 97201

Studio–1 bed

1 bath

$900–$1,100

Apartment for rent