Apartments for Rent in the Downtown Neighborhood of Portland, OR Under $1,500 (162 Rentals)

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Sawbuck
$1,309 - $5,087
Total Monthly Price

Total Monthly Price

Base Rent
$1,309 - $5,087
Total Monthly Price
$1,309 - $5,087
Studio to 2 Bedroom Apartments Available Now

Sawbuck

1725 SW Salmon StPortland, OR 97205
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Portland Astoria
Rent Specials
$1,367 - $6,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,367 - $6,290
Total Monthly Price
$1,367 - $6,290
Studio to 2 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
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Grand Belmont
Rent Specials
$1,224 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,214 - $2,589
Required Monthly Fees
$10
Total Monthly Price
$1,224 - $2,599
Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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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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The Douglas
Rent Specials
$1,340 - $3,334
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,334
Total Monthly Price
$1,340 - $3,334
Studio to 4 Bedroom Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
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Cyan/PDX
Rent Specials
$1,318 - $3,834
Total Monthly Price

Total Monthly Price

Base Rent
$1,318 - $3,834
Total Monthly Price
$1,318 - $3,834
Studio to 3 Bedroom Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, OR 97201
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Park Plaza
$970 - $2,372
Total Monthly Price

Total Monthly Price

Base Rent
$966 - $2,368
Required Monthly Fees
$4
Total Monthly Price
$970 - $2,372
Studio to 2 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
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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.

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Amara
Rent Specials
$1,418 - $3,497
Total Monthly Price

Total Monthly Price

Base Rent
$1,418 - $3,497
Total Monthly Price
$1,418 - $3,497
Studio to 3 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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Hollis
Rent Specials
$1,371 - $3,120
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $3,120
Total Monthly Price
$1,371 - $3,120
Studio to 2 Bedroom Apartments Available Now

Hollis

1625 SW Alder StPortland, OR 97205
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Museum Place
Rent Specials
$1,328 - $2,544
Total Monthly Price

Total Monthly Price

Base Rent
$1,328 - $2,544
Total Monthly Price
$1,328 - $2,544
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
$1,354 - $2,278
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $2,278
Total Monthly Price
$1,354 - $2,278
Studio to 2 Bedroom Apartments Available Now

735 St. Clair

735 SW Saint Clair AvePortland, OR 97205
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Storyline
Rent Specials
$1,292 - $3,862
Total Monthly Price

Total Monthly Price

Base Rent
$1,292 - $3,862
Total Monthly Price
$1,292 - $3,862
Studio to 2 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
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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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Sky3
Rent Specials
$1,399 - $3,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $3,172
Total Monthly Price
$1,399 - $3,172
Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
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Indigo
$1,389 - $7,598
Total Monthly Price

Total Monthly Price

Base Rent
$1,389 - $7,598
Total Monthly Price
$1,389 - $7,598
Studio to 3 Bedroom Apartments Available Now

Indigo

430 SW 13th AvePortland, OR 97205
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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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The Rodney
Rent Specials
$1,350 - $6,254
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $6,254
Total Monthly Price
$1,350 - $6,254
Studio to 2 Bedroom Apartments Available Now

The Rodney

1470 NW Glisan StPortland, OR 97209
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38 Davis
Rent Specials
$1,295 - $1,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,945
Total Monthly Price
$1,295 - $1,945
Studio to 2 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
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Couch9
Rent Specials
$1,375 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,999
Total Monthly Price
$1,375 - $2,999
Studio to 2 Bedroom Apartments Available Now

Couch9

135 NW 9th AvePortland, OR 97209
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North Hollow
Rent Specials
$1,282 - $4,455
Total Monthly Price

Total Monthly Price

Base Rent
$1,282 - $4,455
Total Monthly Price
$1,282 - $4,455
Studio to 2 Bedroom Apartments Available Now

North Hollow

1551 SW Taylor StPortland, OR 97205
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The Cameron
$1,186 - $2,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,138
Required Monthly Fees
$34
Total Monthly Price
$1,186 - $2,172
Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th 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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Frequently Asked Questions about Downtown

How much are Studio apartments in Downtown?

There are currently 376 Studio Apartments in Downtown with rent ranges from $500 to $3,086 with an average price of $1,358.

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 $6,675 with an average monthly rent of $1,955.

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 $8,930. Today's average rental price for Two Bedrooms here is $2,960.

How expensive are Downtown Three Bedroom Apartments?

There are currently 42 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,850 to $11,316 - averaging $4,646 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 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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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.

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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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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

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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.

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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.

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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.

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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.