Apartments in Portland

1 - 30 of 1,324 Results
27
$1,399 - 1,850
8220 SE 6th Ave Portland, OR
Studio - 1 BR | Available Now
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64
$1,170 - 1,930
4975 SE Division St Portland, OR
Studio - 1 BR | Available Now
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37
$1,069 - 2,485
Deal
5.0
1717 Sw Park Ave Portland, OR
Studio - 2 BR | Available Now
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28
3D Tour
$615
PER
ROOM
7325 NE Mallory Ave Portland, OR
1 BR | Available Now
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51
$1,625 - 2,210
2625 SE Hawthorne Blvd Portland, OR
Studio - 1 BR | Available Now
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27
3D Tour
$735 - 895
PER
ROOM
5515 SE 18Th Ave Portland, OR
1 BR | Mar. 20, 2024
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10
3D Tour
$735 - 800
PER
ROOM
4803 Ne Cleveland Ave Portland, OR
1 BR | Available Now
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21
3D Tour
$655 - 735
PER
ROOM
5103 NE 7Th Ave Portland, OR
1 BR | Available Now
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King
29
3D Tour
$675
PER
ROOM
6389 N Commercial Ave Portland, OR
1 BR | Available Now
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Humboldt
7
$1,325
Portland, OR
1 BR | Mar. 20, 2024
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14
3D Tour
$1,474 - 2,830
1500 Northeast 15th Avenue Portland, OR
1 - 2 BR | Available Now
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Furnished
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10
3D Tour
$650
PER
ROOM
1364 N Blandena Portland, OR
1 BR | Available Now
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58
$1,305 - 2,280
Deal
4.0
2655 SE 50Th Ave Portland, OR
Studio - 1 BR | Available Now
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47
$1,180 - 2,215
4725 SE Division St Portland, OR
Studio - 1 BR | Mar. 27, 2024
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57
$1,265 - 1,865
Deal
3.0
1100 SE 12Th Ave Portland, OR
Studio | Available Now
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Covered Parking
30
3D Tour
$640 - 795
PER
ROOM
5324 N Maryland Ave Portland, OR
1 BR | Apr. 1, 2024
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Humboldt
19
3D Tour
$600
PER
ROOM
702 SW Broadway Dr Portland, OR
1 BR | Available Now
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Downtown Portland
14
3D Tour
$800
PER
ROOM
2371 Sw Montgomery Dr Portland, OR
1 BR | Available Now
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12
3D Tour
$800
PER
ROOM
1738 SE 38Th Ave Portland, OR
1 BR | Mar. 31, 2024
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12
$1,798 - 2,918
18301 NW Chemeketa Ln Portland, OR
2 - 3 BR | Available Now
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Covered Parking
22
3D Tour
$1,285 - 3,439
10320 SE Pine St Portland, OR
1 - 2 BR | Available Now
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12
3D Tour
$680
PER
ROOM
4058 SE Holgate Blvd Portland, OR
1 BR | Available Now
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Creston-Kenilworth
13
3D Tour
$675
PER
ROOM
1730 Se 35Th Place Portland, OR
1 BR | Available Now
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15
3D Tour
$725 - 795
PER
ROOM
4811 SE Haig St Portland, OR
1 BR | Mar. 26, 2024
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11
3D Tour
$685 - 775
PER
ROOM
6914 Ne Grand Ave Portland, OR
1 BR | Available Now
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26
3D Tour
$750
PER
ROOM
8912 NE Russell St Portland, OR
1 BR | Apr. 9, 2024
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Madison South
13
3D Tour
$550 - 725
PER
ROOM
712 Sw Broadway Dr Portland, OR
1 BR | Available Now
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13
3D Tour
$680 - 725
PER
ROOM
704 SW Broadway Dr Portland, OR
1 BR | Available Now
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In Unit Laundry
17
3D Tour
$1,639 - 2,746
995 N Marine Dr Portland, OR
1 - 2 BR | Available Now
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30
$1,725
2.0
3951 N Williams Avenue Portland, OR
2 BR | Available Now
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1 - 30 of 1,324 Results
  1. Home
  2. Portland

How much does it cost to rent an apartment in Portland?

Portland Apartments
Bed Type Average Rent Range
Studio $1,200 $900 - $1,650
1BR $1,480 $1,150 - $2,100
2BR $1,800 $1,300 - $2,900
3BR $2,400 $1,700 - $3,560
4+BR $3,110 $2,160 - $10,800

Find a Portland Apartment

Portland is the largest city in Oregon known for its beautiful skyline, inviting layout and easygoing feel. The city began as a settler town, but has since developed into a cultural epicenter in the Pacific Northwest. It co-exists with its gorgeous natural surroundings with an elegance that other cities can admire. The city is noted for its superior land-use planning and investment in light rail. Because of its public transportation networks and efficient land-use planning, Portland has been recognized as one of the most environmentally conscious cities in the world. Portland is a popular city option for young people because of its numerous educational institutions, cultural vibrancy, laidback attitude, and pedestrian/bicycle friendly setup. With over 90 neighborhoods and suburbs with their own distinct cultures and personalities, it becomes essential to know the what’s what and who’s who before you begin looking for a place in this wonderful city.

When to Search

Portland is home to over seven institutions of higher education, including the highly populated Portland State University and esteemed Oregon Health and Science University. The city’s quirky, youthful vibrancy also makes it a popular home for young professionals. This makes the housing market a bit of a bear. The apartment hunt typically begins in April, peaking around June, and ending around September. Be sure to search as early as possible for the best selection of places.

Staying in the Know

Portland is extremely friendly to bicyclists. It has been named The Most Bicycle Friendly City in the United States by a number of different publications. 6% of commuters in Portland use bicycles regularly to get to work and school, which far surpasses the national average. Bicycling to nearby neighborhoods and work is inexpensive, environmentally friendly, and great exercise. Be sure to utilize this fantastic Portland amenity!

Life in Portland

Transportation

As part of their sustainability efforts, Portland has a number of options available for those that don’t own their own vehicles. Portland’s public streetcars connect many major destinations within the “close-in” neighborhoods. If you’re looking for more flexible options, you can utilize the city’s light rail system, WES commuter train, or public buses. If you enjoy walking, then utilize the many hiking trials along the 4T to get to some of the city’s main attractions. Portland is also one of the most bike-friendly cities in the country, so don’t be afraid to pump those peddles to get where you want to go!

Where to play

Portland also has an active nightlife, depending on the neighborhood. The Pearl District is the sophisticated place to party, great for grabbing a craft beer or enjoying a lovely wine bar. Northwest’s artsy restaurants and galleries aren’t to be underplayed. If concerts are more your style, then check out Downtown or one of Sunnyside-Hawthorne’s many music-friendly bars and concert venues. If you’re looking for outdoor adventure, then head on over to St. Johns and enjoy the gorgeous parks and recreational spaces.

Neighborhoods

Search Cities Near Portland, OR

Campuses Nearby

Portland:
March Rent Report

Welcome to the March 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Portland rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Portland and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Portland average rent prices in the chart below.

Monthly Rent Report

$2,250
$1,690
$1,130
$560
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Portland Rent Prices Increase From February to March

Portland rent prices increased over the last month. From February to March, the city experienced a 0.27% increase for the price of a one-bedroom apartment. The rent price for a Portland one-bedroom apartments currently stands at $1,500.0.

When we take a look at the two-bedroom comparison from February to March, Portland experienced a 0.63% increase for the price of a two-bedroom apartment. The rent price for a Portland two-bedroom apartments currently stands at $1,908.0.

March Prices: Portland vs. Surrounding Areas

Hillsboro, OR
Wilsonville, OR
Lake Oswego, OR
Beaverton, OR
Vancouver, WA
Portland, OR
Tigard, OR
Gresham, OR
$1,762
$1,692
$1,679
$1,633
$1,520
$1,496
$1,496
$1,416
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Portland and Surrounding Areas

Rent prices have increased in Portland over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Portland suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Hillsboro, OR, Tigard, OR .

  • Rent decreased in Vancouver, WA, Beaverton, OR, Gresham, OR, Lake Oswego, OR, Wilsonville, OR.

  • 5 suburbs are currently priced higher than the city of Portland.

  • 2 suburbs are currently priced lower than the city of Portland.

March 2024 Pricing Trends: Portland vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Portland, OR
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,496
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Portland Rent Prices More Affordable Than Major Cities

Rent growth in Portland over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Portland average rent prices appear to be relatively affordable for local residents.

The price for a Portland one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Portland and surrounding area rent prices, take a look at the complete data set below.

Data set for Portland and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Portland, OR $1,496.0 -0.33% $1,896.0 -0.63%
Vancouver, WA $1,520.0 -1.17% $1,742.0 1.04%
Beaverton, OR $1,633.0 -0.06% $1,866.0 0.05%
Hillsboro, OR $1,762.0 0.69% $2,023.0 -0.64%
Gresham, OR $1,416.0 -1.05% $1,644.0 0.55%
Tigard, OR $1,496.0 0.47% $1,693.0 -1.63%
Lake Oswego, OR $1,679.0 0.00% $1,952.0 1.09%
Wilsonville, OR $1,692.0 -0.41% $2,002.0 0.05%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.