Apartments for Rent in the Downtown Neighborhood of Portland, OR (517 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
5 MLK
Rent Specials
from $1,499Studio to 2 Bedroom Apartments Available Now

5 MLK

5 SE Martin Luther King Jr BlvdPortland, OR 97214
Transit Friendly
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

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.

Read Article

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.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
Slate
Rent Specials
Contact Us For PricingStudio to 2 Bedroom Apartments Available Now

Slate

124 NE 3rd AvePortland, OR 97232
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

How a Move-In Inspection Can Protect Your Security Deposit

Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.

Read Article

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

Read Article
Showing Results 1-50, Page 1 of 11

Downtown, Portland, OR Local Guide

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown, Portland, OR

Ranked #13

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown, Portland, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, family-friendly amenities, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.

Outdoors Rating

We think living with the outdoors is critically important. Downtown is a highly-rated residential area for its parks and green spaces, with a score of 4.0 out of 4.

Luxury Living Rating

This residential submarket has come to be one of the A-list luxury neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like olympic-sized pools, concierge services, views, access to parks, and amenities like granite countertops, range hoods, and high-end appliances. Luxury communities also often offer tile or hardwood floors, access to sports facilities like golf, raquetball, and tennis, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

Pet owners, listen up! this part of Portland is one of the best communities for families with pets, with a score of 4.0 out of 4.

Frequently Asked Questions about Downtown

How much are Studio apartments in Downtown?

There are currently 183 Studio Apartments in Downtown with rent ranges from $649 to $6,283 with an average price of $1,510.

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 $675 to $6,240 with an average monthly rent of $1,933.

What does renting a Two Bedroom Apartment in Downtown cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $1,095 to $10,000. Today's average rental price for Two Bedrooms here is $2,763.

How expensive are Downtown Three Bedroom Apartments?

There are currently 30 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,773 to $26,948 - averaging $6,071 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.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.