
Apartments for Rent in the Downtown Neighborhood of Portland, OR Under $1,200 (78 Rentals)


The Collective on 4th

The Douglas

The Vue

Ongford Apartments

Vista St. Clair

Manhattan Apartments
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

38 Davis

Celio Apartments

Stadium Station

Brown Apartments

Regency Apartments

The Fredrick

Allendale Apartments

Goose Hollow Tower

Goose Hollow Plaza

Portland Towers Apartments

Collins Circle

Morrison Park Apartments

The Victorian Apartments

Washington Plaza Apartments

Ladd

2229 Northwest Everett Street, Unit Apt 3

1510 SW Jefferson St

220 NW 17th Ave

1015 SW Woods St
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 | $1,463 | $649 | $4,928 |
Downtown 1 Bedroom Apartments | $1,867 | $895 | $6,440 |
Downtown 2 Bedroom Apartments | $2,809 | $1,200 | $9,937 |
Downtown 3 Bedroom Apartments | $4,670 | $1,678 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 78 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Downtown, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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
How much are Studio apartments in Downtown?
There are currently 183 Studio Apartments in Downtown with rent ranges from $649 to $4,928 with an average price of $1,463.
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 $895 to $6,440 with an average monthly rent of $1,867.
What does renting a Two Bedroom Apartment in Downtown cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $1,200 to $9,937. Today's average rental price for Two Bedrooms here is $2,809.
How expensive are Downtown Three Bedroom Apartments?
There are currently 31 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,678 to $25,665 - averaging $4,670 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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.