
3 Bedroom Apartments for Rent in the Downtown Neighborhood of Portland, OR (45 Rentals)


Total Monthly Price
Collective on 4th

The Vue

Total Monthly Price
The Douglas

Amara

Acqua Apartments - Student Affordable

Vista St. Clair

Total Monthly Price
Cyan/PDX
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Harrison Tower Apartment Homes

Total Monthly Price
Indigo

The Vera

Residences at 11W

Couch9

Portland Towers Apartments

18 NW 22nd Pl, Unit SI ID1309892P

529 NW 21st Ave, Unit SI ID1309848P

2069 SW Park Ave
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.

1940-1946-1946 SW Market St Dr

934 SW Tangent St

1980 SW Terrace Dr

Cardinell View

The Strand

Ambassador Condominiums

Block 216

Harrison East

Benson Tower Condominiums
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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.

1209 SW Cardinell Dr

2610 SW Water Ave

2047 SW 10th Ave

Block 3 - The Henry

The Avenue Lofts

The Drake Apartments

2161 SW Yamhill St

TROPHY VICTORIAN

1717 NW Hoyt St
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Kearney House Apartments

Arthouse

Hunter's Ridge Properties at Yamhill

Northwest Tower Annex

Park Avenue Gardens

The Drake Apartments

Grandview Apartments

Portland Terrace

Heartline Apartments
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Downtown, Portland, OR Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,312 | $470 | $4,149 |
| Downtown 1 Bedroom Apartments | $1,885 | $950 | $6,675 |
| Downtown 2 Bedroom Apartments | $2,828 | $1,226 | $8,930 |
Downtown 3 Bedroom Apartments | $4,443 | $1,458 | $9,152 |
| Downtown 4 Bedroom Apartments | $13,401 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Downtown, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
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Largest Available Downtown 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Downtown area of Portland, OR is found at Residences at 11W and is listed at 2,300 square feet priced from $8,241. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Residences at 11W | Penthouse 12 (PH12) | 2,300 Sq Ft | $8,241 |
| Indigo | C5 | 1,774 Sq Ft | $4,978 |
| Collective on 4th | 3x2.5 I | 1,443 Sq Ft | $3,698 |
| Waterleaf | 3 Bedroom 2 Bath | 1,331 Sq Ft | $1,678 |
| Cyan/PDX | Three Bedroom (C1) | 1,066 Sq Ft | $2,662 |
Cheapest Available Downtown 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Downtown of Portland, OR is the 3 Bedroom 2 Bath Model starting from $1,678 at Waterleaf. The average price for all 3 Bedroom apartments in Downtown is currently $4,443. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Waterleaf | 3 Bedroom 2 Bath | $1,678 |
| Cyan/PDX | Three Bedroom (C1) | $2,662 |
| Collective on 4th | 3x2.5 B | $3,218 |
| Indigo | C5 | $4,978 |
| Residences at 11W | Penthouse 12 (PH12) | $8,241 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Lifestyle Ratings
Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Oregon including Downtown, Portland, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, family-friendly amenities, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about 3 Bedroom Downtown Apartments
What is the Cheapest apartment in Downtown with 3 Bedroom?
Currently the most affordable 3 Bedroom in Downtown is at Waterleaf listed at $1,678.
How much is the average rent for a 3 Bedroom Downtown Apartment?
The average rent for a 3 Bedroom Apartment in Downtown is $4,443.
What is the largest available 3 Bedroom Downtown Apartment for rent?
Today's apartment with the most square footage in Downtown is a 2,300 square feet unit starting from $8,241 at Residences at 11W.
What is the average size for Downtown 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Downtown is currently 3,158 sq ft.
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

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.

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.

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.

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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
