Bedroom count

Property type

Last updated on March 24, 2026

Average rent in
Downtown Portland, Portland, OR

Last updated on March 24, 2026

Last updated on March 24, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Downtown Portland, Portland, OR is $1,296. This is -32%, or $614, lower than the national average.

$2.15

average price per square foot

Median rent

$1,296

decreased by2%
over the previous yearvs previous year

Total rentals

52

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Downtown Portland, Portland, OR is $1,296. This is -32%, or $614, lower than the national average.

$2.15

average price per square foot

Rent ranges

7%
60%
20%
10%
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 remained the same in the last month and have decreased by 2% 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 $1,243. A 1-bedroom apartment in Downtown Portland, Portland, OR costs about $1,300 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 $3,849.

Comparables

1 bedroom

$1,311

No Change

9%

2 bedroom

$2,282

1%

6%

3 bedroom

$6,000

21%

76%

4 bedroom

$5,025

13%

16%

Studio

$995

1%

4%

Studio

Average rent

$995

Last 30 days

1%

Last year

4%

1 bedroom

Average rent

$1,311

Last 30 days

No Change

Last year

9%

2 bedroom

Average rent

$2,282

Last 30 days

1%

Last year

6%

3 bedroom

Average rent

$6,000

Last 30 days

21%

Last year

76%

4 bedroom

Average rent

$5,025

Last 30 days

13%

Last year

16%

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$1,296
decreased by32%

lower than the national median

Median rent price$1,506
decreased by21%

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

$1,506

increased by3%

Last year

Corbet Terwilliger Lair Hill

$1,525

increased by1%

Last year

Goose Hollow

$1,358

decreased by15%

Last year

Kerns

$1,465

increased by31%

Last year

Northwest District

$1,390

increased by17%

Last year

Pearl

$1,995

decreased by3%

Last year

Apartments for rent in Aloha

Discover rentals in Downtown Portland, Portland, OR

523 Sw 13th Ave - Photo 1 of 1

5d+ ago

Downtown Portland apartment for rent in Portland

Apartment for rent

Hamilton West - Photo 1 of 1

2d 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

1126 SW 12th Avenue - Photo 1 of 1

1d ago

8.4

Very good

1126 SW 12th Avenue

1126 Sw 12th Ave, Portland, OR 97205

Studio

1 bath

$800–$900

Apartment for rent

#397 ST. JAMES APARTMENTS - Photo 1 of 1

3d ago

8.4

Very good

#397 ST. JAMES APARTMENTS

412 Sw 4th Ave, Portland, OR 97204

Studio

1 bath

$850–$945

Apartment for rent

Fountain Place Apartments - Photo 1 of 1

3d ago

8.2

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

5d+ ago

8.6

Very good

Morrison Park Apartments

623 Sw Park Ave, Portland, OR 97205

Studio

1 bath

$875

Apartment for rent

Gretchen Kafoury Commons - Photo 1 of 1
No deposit

2d 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

Washington Plaza Apartments - Photo 1 of 1

15h ago

9

Excellent

Washington Plaza Apartments

1129 Sw Washington St, Portland, OR 97205

Studio–1 bed

1 bath

$915–$1,145

Apartment for rent