Apartments in Pearl District Portland

1 - 30 of 459 Results
30
$1,450 - 3,750
900 NW Lovejoy St Portland, OR
1 - 2 BR | Available Now
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Surface Parking
10
$3,987
Portland, OR
1 BR | Available Now
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Luxury
28
$1,795
1125 NW 9th Ave Unit 219 Portland, OR
1 BR | Jun. 1, 2024
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Surface Parking
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Pearl District
18
$1,350
Portland, OR
1 BR | Available Now
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Fitness Center
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Pearl District
20
$1,538 - 3,347
931 Nw 11th Avenue Portland, OR
Studio - 2 BR | Available Now
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In Unit Laundry
20
$2,200
1030 NW 12th Ave #215 Portland, OR
Studio | Available Now
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Storage
Pearl District
12
$1,525
821 NW 11th Ave #507 Portland, OR
1 BR | Ask for Availability
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Pearl District
15
$1,650
1255 NW 9th Ave #1103 Portland, OR
1 BR | Available Now
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Balcony/Deck/Patio
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23
$2,695
1255 NW 9th Ave Unit 1302 Portland, OR
2 BR | Available Now
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Pearl District
8
$1,895
1255 NW 9th Ave #207 Portland, OR
1 BR | Available Now
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Air Conditioning
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57
$1,402 - 3,285
1200 NW Marshall St Portland, OR
Studio - 2 BR | Available Now
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Luxury
Air Conditioning
Covered Parking
29
$2,050
Portland, OR
1 BR | Available Now
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Storage
Pearl District
14
$1,725
725 NW 10th Ave #111 Portland, OR
1 BR | Available Now
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Pearl District
70
$1,710 - 3,545
1250 NW Kearney St Portland, OR
Studio - 2 BR | Available Now
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Covered Parking
10
$1,695
Portland, OR
Studio | Available Now
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Dishwasher
Pearl District
21
$2,195
1310 NW Naito Pkwy Unit 411 Portland, OR
1 BR | Available Now
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Dishwasher
22
$2,395
Portland, OR
2 BR | Available Now
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Pearl District
30
$4,095
Portland, OR
2 BR | Available Now
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Dog Friendly
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Fitness Center
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40
$1,433 - 4,950
1481 Nw 13th Ave Portland, OR
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
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Covered Parking
36
$1,558 - 5,192
1430 Nw Hoyt St, , Portland, OR
Studio - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
$1,035 - 1,690
Portland, OR
Studio - 2 BR | Available Now
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Air Conditioning
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Storage
27
$1,700
Portland, OR
1 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
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Disability Access
1
$1,999
Portland, OR
Studio | Available Now
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Dog Friendly
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Chinatown
42
$1,095 - 1,690
1075 NW 16Th Ave Portland, OR
Studio - 2 BR | Available Now
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Dog Friendly
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Luxury
Section 8
16
$1,073 - 1,775
815 NW Naito Pkwy Portland, OR
Studio - 2 BR | Available Now
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Dog Friendly
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Luxury
Covered Parking
In Unit Laundry
9
$1,150 - 1,200
1611 Northwest Marshall Street Portland, OR
Studio | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Pearl District
$1,795
327 NW Park Ave Portland, OR
1 BR | Available Now
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Multnomah
21
$1,950
333 NW 9th Ave #902 Portland, OR
1 BR | Available Now
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Multnomah
24
$2,495
333 NW 9th Ave #1103 Portland, OR
1 BR | Available Now
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Air Conditioning
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$2,095
Portland, OR
1 BR | Available Now
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Multnomah
1 - 30 of 459 Results
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  3. Pearl District
Pearl District Neighborhood Summary

The Pearl district is well named, as it is easily one of Portland’s crown jewels. This neighborhood contains numerous hip restaurants, bars, unique boutiques, art galleries and the infamous Powell's Books. All of the lovely retail and restaurant fronts make this neighborhood incredibly attractive and walkable. The upscale local restaurants have earned this neighborhood its reputation as foodie paradise. First Thursdays are a popular event here, where the numerous galleries and businesses extend their hours on the first Thursday of every month. If you’re a foodie or lover of sophisticated nightlife, The Pearl is the neighborhood for you. Artsy loft spaces are a popular living option, as well as apartments and townhouses.

Portland:
May Rent Report

Welcome to the May 2024 Portland Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 April to May

Portland rent prices increased over the last month. From April to May, 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 April to May, 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.

May Prices: Portland vs. Surrounding Areas

Hillsboro, OR
Lake Oswego, OR
Happy Valley, OR
Beaverton, OR
Vancouver, WA
Portland, OR
Gresham, OR
$1,785
$1,682
$1,671
$1,637
$1,547
$1,500
$1,360
$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 4 of the Portland suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Vancouver, WA, Beaverton, OR, Hillsboro, OR, Happy Valley, OR .

  • Rent decreased in Gresham, OR, Lake Oswego, OR.

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

  • 1 suburb is currently priced lower than the city of Portland.

May 2024 Pricing Trends: Portland vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Portland, OR
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,500
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Portland, OR $1,500.0 0.00% $1,912.0 0.21%
Vancouver, WA $1,547.0 0.72% $1,793.0 1.13%
Beaverton, OR $1,637.0 0.25% $1,871.0 0.05%
Hillsboro, OR $1,785.0 0.56% $2,022.0 0.30%
Gresham, OR $1,360.0 -3.13% $1,638.0 -0.37%
Lake Oswego, OR $1,682.0 -0.30% $1,975.0 -0.75%
Happy Valley, OR $1,671.0 6.77% $2,343.0 10.05%

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.