
Apartments for Rent in the Downtown Neighborhood of Portland, OR (581 Rentals) Page 5 of 12


1984-1986 SW 5th Ave

The Broadway

Stephen Epler Hall

Lincoln tower

Goose Hollow 5-Plex

1525 SW 14th Ave

Clayborn Condominiums

304 SW 3rd Ave

1209 SW Cardinell Dr

Clay Street Commons

1831 SW 14th Ave

1314 SW Hall St

2047 SW 10th Ave

Julia West House

1320 SW Hall St

1435 SW Harrison St

1310 SW College St

Alder House

1436 SW Harrison St

1515 SW Montgomery St

Madison Tower

1501 SW Harrison St

Marianna Apartments

1520 SW Montgomery St

The Heights at Terwilliger Plaza

The Montgomery

1536 SW Montgomery St

1931 SW 14th Ave

650 SW Sherman St

640 SW Sherman St

2319-2323 SW 6th Ave

1321 SW Washington St

Hamilton Arms Condominium

2404 SW 6th Ave

2300 SW Hoffman Ave

1640 SW Montgomery St

Parkview

2436-2442 SW 5th Ave

Block 3 - The Henry

772 SW Broadway

1731-1737 SW Taylor St

The Empress Building

134 W Burnside St

1105 SW 18th Ave

Altstadt Apartments

Carlisle Condominiums

The Shoreline

1838 SW Mill Street Ter

Trolley Hill Apartments
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 | $1,326 | $470 | $5,383 |
| Downtown 1 Bedroom Apartments | $1,911 | $1,050 | $7,437 |
| Downtown 2 Bedroom Apartments | $3,058 | $1,264 | $10,000+ |
| Downtown 3 Bedroom Apartments | $3,209 | $1,458 | $6,501 |
| Downtown 4 Bedroom Apartments | $13,463 | $9,276 | $10,000+ |
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $3,843 | $1,695 | $7,500 |
| 3 Bedroom Homes | $6,996 | $2,995 | $10,000+ |
| 4 Bedroom Homes | $7,647 | $3,795 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 581 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Frequently Asked Questions about Downtown
What is the current pricing and availability for apartments for rent in the Downtown area of Portland, OR?
As of today, August 30, 2026, there are currently 581 available Downtown apartments priced from $470 to $28,283, with an average monthly rent of $1,885.
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

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.

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.

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.

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

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.

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.

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.

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.