Luxury Apartments for Rent in the Downtown Neighborhood of Portland, OR (55 Rentals)

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The most luxurious Apartments in the Downtown area of Portland with high-end amenities, features, and finishes.

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5 MLK
Rent Specials
$1,550 - $5,099Studio to 2 Bedroom Apartments Available Now

5 MLK

5 SE Martin Luther King Jr BlvdPortland, OR 97214
Transit Friendly
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Sky3
Rent Specials
$1,269 - $3,642Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
Transit Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Downtown, Portland, OR Local Guide

Quick 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.

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Pet Friendly Lifestyle
Downtown, Portland, OR

Ranked #13

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Portland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Luxury Living Rating

This area of town is one of the A-list luxury communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like racquetball and tennis courts, luxury pools, on-site concierge services, gardens, nearby parks, and kitchen details like granite and high-end fixtures. Other luxury items often include wood-burning fireplaces, tennis courts, and for some communities, even a doorman to greet residents.

Frequently Asked Questions about Downtown

How much are Studio apartments in Downtown?

There are currently 374 Studio Apartments in Downtown with rent ranges from $649 to $6,823 with an average price of $1,405.

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

Today's rental pricing for One Bedroom Apartments in Downtown ranges from $950 to $6,673 with an average monthly rent of $2,083.

What does renting a Two Bedroom Apartment in Downtown cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $1,200 to $10,217. Today's average rental price for Two Bedrooms here is $3,085.

How expensive are Downtown Three Bedroom Apartments?

There are currently 43 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,773 to $20,000 - averaging $6,111 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.