
Apartments for Rent in the Downtown Neighborhood of Portland, OR Under $1,500 (147 Rentals)


MW8 - Shared and Furnished Housing

Stadium Station

Jute Apartments

Waterleaf

DOCK 59 APARTMENTS

Skylar Grand

Alta Art Tower

Tiller Terrace
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.

Portland Astoria

Grand Belmont

The Collective on 4th

The Amy

Slate Apartments

The Louisa Apartments

Ongford Apartments

Cyan/PDX
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.

mResidences Portland Pearl District

735 St. Clair

Regency Apartments

Clay & Tiffany

Sawbuck

The Vue

The Douglas

Amara

Koz on 4th

Acqua Apartments

Vista St. Clair

Manhattan 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.

Museum Place

Grandview Apartments

230 Ash

Storyline

Álmr

Sky3

The Cameron

Celio Apartments

linc301 Apartments

5th Avenue Place Apartments
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.

Tanner Flats Apartments

Pacific Tower Apartments

Urban Living, Elevated Comfort

Park Plaza

North Hollow

linc245 Apartments

2020 Building

Pine Cone Apartments
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.
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 | $1,448 | $649 | $7,763 |
Downtown 1 Bedroom Apartments | $2,119 | $990 | $6,673 |
Downtown 2 Bedroom Apartments | $3,358 | $1,226 | $10,000+ |
Downtown 3 Bedroom Apartments | $6,766 | $1,773 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 147 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
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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.
Pet Friendly LifestyleDowntown, Portland, OR
Ranked #12
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown
How much are Studio apartments in Downtown?
There are currently 197 Studio Apartments in Downtown with rent ranges from $649 to $7,763 with an average price of $1,448.
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 $990 to $6,673 with an average monthly rent of $2,119.
What does renting a Two Bedroom Apartment in Downtown cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $1,226 to $13,573. Today's average rental price for Two Bedrooms here is $3,358.
How expensive are Downtown Three Bedroom Apartments?
There are currently 32 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,773 to $24,496 - averaging $6,766 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.