20 NW 16th Ave, Unit #306
20 NW 16th Ave
PortlandOR97209
Cheap Homes for Rent in the Downtown Portland Neighborhood of Portland, OR from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Portland area of Portland.
1828 NE 1st Ave
PortlandOR97212
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$1,2951 Bedroom Apartments Available Now
2424 N Vancouver Ave, Unit 07
2424 N Vancouver AvePortland, OR 97227
709 SW 16th Ave
PortlandOR97205
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$1,360
Total Monthly Price
Base Rent$1,360
Total Monthly Price$1,360
730 NW Naito Pkwy, Unit SI FL1-ID15
730 NW Naito PkwyPortland, OR 97209
255 SW Harrison St
PortlandOR97201
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.
1125 NW 9th Ave, Unit 404
1125 NW 9th Ave
PortlandOR97209
1500 SW Park Ave, Unit 306
1500 SW Park Ave
PortlandOR97201
730 NW Naito Pkwy
PortlandOR97209
720 NW Naito Pkwy
PortlandOR97209
910 NW Naito Pky, Unit 910-I8
910 NW Naito Pky
PortlandOR97209
920 NW Naito Pky, Unit 920-J12
920 NW Naito Pky
PortlandOR97209
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
216 NE Tillamook St
PortlandOR97212
Showing Results 1-13, Page 1 of 1
Downtown Portland, Portland, OR Local Guide
How much does it cost to rent a home in Downtown Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portland 2 Bedroom Homes for Rent | $3,787 | $1,250 | $7,150 |
| Downtown Portland 4 Bedroom Homes for Rent | $11,500 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, OR.
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Best Value Homes for Rent in Downtown Portland, OR
As of September 28, 2026 the best value rental home in the Downtown Portland area is the $2.84 price per square foot 922 NW 11th Ave Model at 922 NW 11th Ave, Unit 714 in the Northeast Portland neighborhood starting from $3,000. The second greatest value Downtown Portland rental home is the 922 NW 11th Ave Model at 922 NW 11th Ave, Unit 514 in the Northeast Portland neighborhood starting at $2,999 with a $2.91 price per square foot. Here is today’s list of the best values for Downtown Portland homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 922 NW 11th Ave, Unit 714 | 922 NW 11th Ave | 2BR, 2BA | $2.84 |
| 922 NW 11th Ave, Unit 514 | 922 NW 11th Ave | 2BR, 2BA | $2.91 |
| 1410 NW Kearney St | 1410 NW Kearney St | 1BR, 1BA | $2.39 |
| 1125 NW 9th Ave | 1125 NW 9th Ave | 1BR, 1BA | $2.18 |
| 910 NW Naito Pky, Unit 910-I8 | 910 NW Naito Pky | 1BR, 1BA | $2.45 |
| 1500 SW Park Ave, Unit 306 | 1500 SW Park Ave | 1BR, 1BA | $2.77 |
Frequently Asked Questions about Downtown Portland
What type of rentals are currently available in Downtown Portland?
There are currently 537 Apartments for Rent in Downtown Portland, OR with pricing that ranges from $150 to $9,123. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portland ranging from $1,200 to $11,500.
What is the current price range for Rental Homes in Downtown Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Portland ranges from $1,200 to $11,500 with an average monthly rent of $3,288.
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
From Arts to Eats: A Local Insider's 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.
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.