
Apartments for Rent with Specials in the Downtown Neighborhood of Portland, OR (55 Rentals)
Apartments in the Downtown area of Portland with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


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Yard

Park Avenue West

Park Avenue Apartments

Skylar Grand

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ART Tower

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Portland Astoria

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Akoya

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5 MLK

Gossamer
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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Grand Belmont

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Collective on 4th

11 Marché Apartments

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Slate Apartments

Ongford Apartments

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mResidences Portland Pearl District

Regency Apartments

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The Douglas

Waterleaf

Jute Apartments
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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Amara

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Hollis

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Dianne

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Cyan/PDX

Manhattan Apartments

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Museum Place

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735 St. Clair

Worthington

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230 Ash

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Storyline
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.

Álmr

The Strauss on Burnside

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Sky3

linc301 Apartments

Harrison Tower Apartment Homes

Tiller Terrace

linc245 Apartments

Residences at 11W

DOCK 59 APARTMENTS

Koz on 4th
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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38 Davis

Couch9

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North Hollow

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Collins Circle

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The Cameron

Uptown Arms & Manor

Morrison Park Apartments

Washington Plaza Apartments

Medina

Essex House
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
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 55 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Top Portland Apartments in the Downtown Area with Move-In Specials Ending Soon
Specials updated: 04-16-2026Take advantage of these move-in and rent specials that are ending soon for top Downtown, OR apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
linc301 Apartments
$99 deposit & waived app fees on select homesExpires 04-16-2026
linc245 Apartments
FREE Parking, $99 Deposit, waived app fees on select homesExpires 04-16-2026
Harrison Tower Apartment Homes
1 Month of Free Rent On Select Homes. Restrictions Apply; Our On-Site Team Can Provide More Information.Expires 04-17-2026
mResidences Portland Pearl District
Receive up to 8 Weeks of Free Base Rent on Select Homes! *Min. term & restrictions apply. Other costs & fees excluded.Expires 04-17-2026
Cyan/PDX
Receive 6 weeks free base rent on studios and 1 bedrooms! Receive 4 weeks free base rent on 2 bedrooms and 3 bedrooms homes! Contact our office for details. Terms and conditions apply.Expires 04-17-2026
Essex House
Up to 4 Weeks Free on Select ApartmentsExpires 04-17-2026
735 St. Clair
Limited Time: $1,000 off rent + $500 at move in when you look & lease! Schedule a tour today for more details.Expires 04-17-2026
5 MLK
Up to 6 weeks Free Base Rent! Available on select homes and minimum lease terms. Other costs and fees excluded.Expires 04-17-2026
Couch9
8 weeks FREE rent on select apartments! Contact our leasing office for more details.Expires 04-17-2026
Residences at 11W
Spring has arrived at 11W, enjoy up to ten-weeks free on a limited collection of residences!Expires 04-17-2026
Newly Listed Move-In Specials offers for Apartments in Downtown, OR
Specials updated: 04-16-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Downtown, OR. Be sure to take advantage of some of the area’s top offers.
Morrison Park Apartments
Please contact our leasing office for more details!Expires 08-31-2026
11 Marché Apartments
Up to 8 weeks FREE with a 12-month lease on select homes.Expires 04-30-2026
Yard
Newly reduced rental pricing *Up to 6 Weeks Free Special offer: Free parking space on two-bedroom homes (valid only for the next 5 leases) Contact Our Leasing Office Today for More Information and to Schedule a Tour. *Restrictions may apply.Expires 04-17-2026
Dianne
4 Weeks of FREE Base Rent on Select Homes! *Terms and conditions apply.Expires 04-17-2026
Storyline
Apply Today & Receive Up to 4 Weeks Free!* Contact our friendly leasing team to learn more or to schedule a tour. *Restrictions apply.Expires 04-17-2026
Collective on 4th
Up to 8 Weeks FREE! Call today for details.Expires 04-17-2026
Hollis
Limited-Time: Up to 6 Weeks free - Homes starting in the $1,500s. Restrictions apply. Contact the leasing office for details.Expires 04-17-2026
Gossamer
For a limited time, receive up to 2 weeks free on select, available homes.Expires 04-17-2026
Koz on 4th
Now offering up to 6 weeks FREE on select apartments!* -- *Restrictions apply. Ask our team for details!Expires 04-17-2026
Akoya
Limited Time Only - Huge Savings - Schedule Your Tour Today Up to 6 WEEKS FREE On Select Homes!Expires 04-17-2026
Frequently Asked Questions about Rent Specials Downtown Apartments
What is the Cheapest Rent Specials apartment in Downtown?
Currently the most affordable Rent Specials Apartment in Downtown is at Waterleaf listed at $480.
How much is the average rent for a Rent Specials Downtown Apartment?
The average rent for a Rent Specials Apartment in Downtown is $2,225.
What is the largest Rent Specials Downtown Apartment for rent?
Today's Rent Specials apartment with the most square footage in Downtown is a 3,727 square feet unit starting from $1,699 at Residences at 11W.
What is the average size for Downtown Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Downtown is currently at 457 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.