Prices and availability in Portland, OR were last updated on 28 Oct 2026.
The best apartments in Portland, OR are: The Parker, Clay & Tiffany, East Wind, Quinten Tower and Alder Crossing Apartments.
The average rent in Portland, OR is $1,764.
The price range for a studio apartment in Portland, OR is between $589 and $6,274.
The price range for a 1-bedroom apartment in Portland, OR is between $625 and $8,329.
The price range for a 2-bedroom apartment in Portland, OR is between $774 and $10,444.
The price range for a 3-bedroom apartment in Portland, OR is between $700 and $12,930.
In Portland 48% of the housing is rented out compared to 52% of homes are owned, according to the most recent Census Bureau estimates. 29% of Portland's apartments are found in large buildings of 50 units or more, 51% are located in smaller apartment complexes with less than 50 units, and 19% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Portland are about 26 years old, on average. Of these, 58% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 6 stories. About 60% of the rental communities here are low-rise, garden-style communities, 35% are mid-rises, and 14% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Portland are around 19% of rentals, while 1-bedroom floor plans represent 44% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 31% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
