Apartments for Rent in the Old Town Chinatown Neighborhood of Portland, OR(1,523 Rentals)

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Old Town Chinatown

Named as one of the Best Affordable Neighborhoods to rent in Portland by our Portland, OR Local Expert Chad Deitchley. See how it ranks!

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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
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Old Town Chinatown, 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.

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Pet Friendly Lifestyle
Old Town Chinatown, Portland, OR

Ranked #1

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

Pet Friendliness Lifestyle Score

5.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Old Town Chinatown, Portland, and the greater Portland area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Family-Friendly Rating

Renting for your family? Amongst all of the submarkets in Portland, this area of town has established a name for itself as one of the best-regarded submarkets for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. Family Friendly communities provide resources like parks, trails and recreation, and access to highly-rated education and schools for the kids to attend.

Outdoors Rating

Do you like the great outdoors? Old Town Chinatown is a highly-rated neighborhood for having the outdoors, with a score of 4.0 out of 4.

Luxury Living Rating

Old Town Chinatown has a reputation as one of the finest high-end neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like pools, saunas, workout spaces, maid services, gardens, nearby parks, and amenities like granite countertops, range hoods, and high-end appliances. Other luxury items often include hardwood floors and fireplaces, tennis courts, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

This residential submarket has come to be amongst the finest submarkets for renters with pets, with a score of 4.0 out of 4.

Getting Around the Old Town Chinatown Neighborhood in Portland, OR

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

99 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

94 / 100

Rider’s Paradise

World-class public transportation

Frequently Asked Questions about Old Town Chinatown

How much are Studio apartments in Old Town Chinatown?

There are currently 423 Studio Apartments in Old Town Chinatown with rent ranges from $497 to $5,307 with an average price of $1,449.

What is the current price range for One Bedroom Old Town Chinatown Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Old Town Chinatown ranges from $570 to $14,027 with an average monthly rent of $1,928.

What does renting a Two Bedroom Apartment in Old Town Chinatown cost?

The monthly rent prices of Two Bedroom Apartments currently available in Old Town Chinatown range from $658 to $20,000. Today's average rental price for Two Bedrooms here is $2,858.

How expensive are Old Town Chinatown Three Bedroom Apartments?

There are currently 81 Three Bedroom Apartments listings available in Old Town Chinatown on ApartmentHomeLiving.com. The pricing ranges from $1,267 to $10,000 - averaging $3,467 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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.