Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR Under $1,500 (189 Rentals)

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Yard
Rent Specials
$1,277 - $2,615
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$1,277 - $2,615

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Studio to 2 Bedroom Apartments Available Now

Yard

22 NE 2nd AvePortland, OR 97232
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Analog PDX
Rent Specials
$1,140 - $2,625
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Base Rent
$1,140 - $2,625

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Studio to 3 Bedroom Apartments Available Now

Analog PDX

1871 N Flint AvePortland, OR 97227
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ART Tower
Rent Specials
$1,449 - $6,024
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Base Rent
$1,449 - $6,024

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1 to 3 Bedroom Apartments Available Now

ART Tower

1510 SW Alder StPortland, OR 97205
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Portland Astoria
Rent Specials
$1,426 - $5,220
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$1,426 - $5,220

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Studio to 2 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
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Akoya
Rent Specials
$1,381 - $10,000
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Base Rent
$1,381 - $10,000

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Varies
Studio to 2 Bedroom Apartments Available Now

Akoya

1430 NW Hoyt StPortland, OR 97209
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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Collective on 4th
Rent Specials
$1,099 - $4,219
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$1,099 - $4,219

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Studio to 3 Bedroom Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
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The Douglas
Rent Specials
$1,350 - $2,999
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$1,350 - $2,999

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Studio to 4 Bedroom Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Grand Belmont
Rent Specials
$1,330 - $2,669
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$1,330 - $2,669

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Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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Jute Apartments
Rent Specials
$1,295 - $1,970
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Base Rent
$1,295 - $1,970

Total Monthly Price
$1,295 - $1,970
Studio to 1 Bedroom Apartments Available Now

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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Amara
Rent Specials
$1,428 - $4,512
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Total Monthly Price

Base Rent
$1,428 - $4,512

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Studio to 3 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Hollis
Rent Specials
$1,300 - $2,565
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Total Monthly Price

Base Rent
$1,300 - $2,565

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Studio to 2 Bedroom Apartments Available Now

Hollis

1625 SW Alder StPortland, OR 97205
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Dianne
Rent Specials
$1,499 - $3,521
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Base Rent
$1,499 - $3,521

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Studio to 2 Bedroom Apartments Available Now

Dianne

535 NW 11th AvePortland, OR 97209
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Cyan/PDX
Rent Specials
$1,400 - $3,507
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$1,400 - $3,507

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Studio to 3 Bedroom Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, OR 97201
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The Linden
Rent Specials
$1,405 - $5,566
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Base Rent
$1,405 - $5,566

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Varies
1 to 2 Bedroom Apartments Available Now

The Linden

1250 E Burnside StPortland, OR 97214
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Museum Place
Rent Specials
$1,406 - $2,601
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Total Monthly Price

Base Rent
$1,406 - $2,601

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Studio to 2 Bedroom Apartments Available Now

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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230 Ash
Rent Specials
$1,360 - $1,949
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $1,949

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Studio to 1 Bedroom Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
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Anthem PDX
Rent Specials
$1,350 - $3,790
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Base Rent
$1,350 - $3,790

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Varies
Studio to 2 Bedroom Apartments Available Now

Anthem PDX

1313 E Burnside StPortland, OR 97232
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Koz on 13th
Rent Specials
$1,044 - $1,630
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Total Monthly Price

Base Rent
$1,044 - $1,630

Total Monthly Price
$1,044 - $1,630
Studio to 1 Bedroom Apartments Available Now

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Storyline
Rent Specials
$1,400 - $6,230
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $6,230

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Studio to 2 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
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Sky3
Rent Specials
$1,399 - $2,920
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $2,920

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
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Frequently Asked Questions about Downtown Portland

How much are Studio apartments in Downtown Portland?

There are currently 382 Studio Apartments in Downtown Portland with rent ranges from $470 to $3,105 with an average price of $1,336.

What is the current price range for One Bedroom Downtown Portland Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Portland ranges from $896 to $6,650 with an average monthly rent of $1,883.

What does renting a Two Bedroom Apartment in Downtown Portland cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Portland range from $1,226 to $8,930. Today's average rental price for Two Bedrooms here is $2,797.

How expensive are Downtown Portland Three Bedroom Apartments?

There are currently 52 Three Bedroom Apartments listings available in Downtown Portland on ApartmentHomeLiving.com. The pricing ranges from $1,458 to $12,021 - averaging $4,015 for the location.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.