Apartments for Rent in the Downtown Neighborhood of Portland, OR Under $1,500 (170 Rentals)

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Sawbuck
Rent Specials
$1,370 - $16,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $16,509

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Sawbuck

1725 SW Salmon StPortland, OR 97205
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Grand Belmont
Rent Specials
$1,292 - $2,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,292 - $2,235

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Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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Collective on 4th
Rent Specials
$1,169 - $2,598
Total Monthly Price

Total Monthly Price

Base Rent
$1,169 - $2,598

Total Monthly Price
$1,169 - $2,598
Studio to 2 Bedroom Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
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The Douglas
$1,275 - $2,373
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Total Monthly Price

Base Rent
$1,275 - $2,373

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Varies
Studio to 4 Bedroom Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
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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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Jute Apartments
Rent Specials
$1,310 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $1,940

Total Monthly Price
$1,310 - $1,940
Studio to 1 Bedroom Apartments Available Sep 16

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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Amara
Rent Specials
$1,374 - $5,875
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Total Monthly Price

Base Rent
$1,374 - $5,875

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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Hollis
Rent Specials
$1,332 - $2,801
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Total Monthly Price

Base Rent
$1,332 - $2,801

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Hollis

1625 SW Alder StPortland, OR 97205
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Museum Place
Rent Specials
$1,273 - $2,682
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Total Monthly Price

Base Rent
$1,273 - $2,682

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Varies
Studio to 2 Bedroom Apartments Available Now

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
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735 St. Clair
Rent Specials
$1,133 - $2,922
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Total Monthly Price

Base Rent
$1,133 - $2,922

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Varies
Studio to 2 Bedroom Apartments Available Now

735 St. Clair

735 SW Saint Clair AvePortland, OR 97205
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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230 Ash
Rent Specials
$1,299 - $2,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,260

Total Monthly Price
$1,299 - $2,260
Studio to 1 Bedroom Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
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  • Low Income
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Storyline
Rent Specials
$1,300 - $6,017
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Total Monthly Price

Base Rent
$1,300 - $6,017

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
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Sky3
Rent Specials
$1,349 - $2,489
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $2,489

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
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The Cameron
Rent Specials
$1,211 - $2,258
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,258

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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Tanner Flats
Rent Specials
$1,397 - $4,115
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Total Monthly Price

Base Rent
$1,397 - $4,115

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Tanner Flats

2004 SW Jefferson StPortland, OR 97201
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Cyan/PDX
Rent Specials
$1,425 - $4,748
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $4,748

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, 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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Park Plaza
$1,092 - $2,426
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Total Monthly Price

Base Rent
$1,092 - $2,426

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Koz on 4th
Rent Specials
$949 - $1,375
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,375

Total Monthly Price
$949 - $1,375
Studio to 1 Bedroom Apartments Available Sep 4

Koz on 4th

2211 SW 4th AvePortland, OR 97201
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38 Davis
Rent Specials
$1,325 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $1,695

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
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North Hollow
Rent Specials
$1,377 - $4,126
Total Monthly Price

Total Monthly Price

Base Rent
$1,377 - $4,126

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

North Hollow

1551 SW Taylor StPortland, OR 97205
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  • Low Income
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Collins Circle
Rent Specials
$1,231 - $2,314
Total Monthly Price

Total Monthly Price

Base Rent
$1,231 - $2,314

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Collins Circle

1701 SW Columbia StPortland, OR 97201
Student Housing
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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.

Frequently Asked Questions about Downtown

How much are Studio apartments in Downtown?

There are currently 386 Studio Apartments in Downtown with rent ranges from $470 to $5,383 with an average price of $1,326.

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 $1,050 to $7,437 with an average monthly rent of $1,911.

What does renting a Two Bedroom Apartment in Downtown cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $1,264 to $16,509. Today's average rental price for Two Bedrooms here is $3,058.

How expensive are Downtown Three Bedroom Apartments?

There are currently 40 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,458 to $6,501 - averaging $3,209 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

decorative image for From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

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.

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

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.

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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.

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.

Articles, How-To's, and Tips

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.