
Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR Under $1,200 (73 Rentals)


MW8 - Shared and Furnished Housing

Jute Apartments

DOCK 59 APARTMENTS

Skylar Grand

The Collective on 4th

Hassalo on Eighth

Ongford Apartments
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.

Regency Apartments

Tiller Terrace

Bridgetown Lofts

The Addy

38 Davis

Stadium Station

The Yards at Union Station

Derby Slabtown
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.

Pine Cone Apartments

Brown Apartments

Washington Plaza Apartments

Westfal Apartments

Park Avenue Gardens

Morrison Park Apartments
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.

Modern Rich Apartments

Beverly Alder Apartments

2135 NE 16th Ave, Unit Basement Apartment

1510 SW Jefferson St

642 SW Sherman St

533 NE Holladay St

1117 SW Alder St

2427 NE 9th Ave
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
Downtown Portland, Portland, OR Local Guide

How much does it cost to rent an apartment in Downtown Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Portland Studio Apartments | $1,480 | $649 | $10,000+ |
Downtown Portland 1 Bedroom Apartments | $1,953 | $795 | $10,000+ |
Downtown Portland 2 Bedroom Apartments | $2,811 | $1,095 | $9,693 |
Downtown Portland 3 Bedroom Apartments | $4,970 | $1,773 | $10,000+ |
Downtown Portland 4 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, OR.
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Downtown Portland, Portland, OR Local Guide
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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.
Frequently Asked Questions about Downtown Portland
How much are Studio apartments in Downtown Portland?
There are currently 205 Studio Apartments in Downtown Portland with rent ranges from $649 to $13,511 with an average price of $1,480.
What is the current price range for One Bedroom Downtown Portland Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Portland ranges from $795 to $15,824 with an average monthly rent of $1,953.
What does renting a Two Bedroom Apartment in Downtown Portland cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Portland range from $1,095 to $9,693. Today's average rental price for Two Bedrooms here is $2,811.
How expensive are Downtown Portland Three Bedroom Apartments?
There are currently 39 Three Bedroom Apartments listings available in Downtown Portland on ApartmentHomeLiving.com. The pricing ranges from $1,773 to $26,948 - averaging $4,970 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.

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.

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.

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.

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.