Apartments for Rent in Portland, OR

Prices and availability in Portland, OR were last updated on 6 May 2026.

The best apartments in Portland, OR are: Alder Crossing Apartments, East Wind, The Parker, Quinten Tower and Division Street Lofts.

The average rent in Portland, OR is $1,764.

The price range for a studio apartment in Portland, OR is between $480 and $9,468.

The price range for a 1-bedroom apartment in Portland, OR is between $502 and $9,172.

The price range for a 2-bedroom apartment in Portland, OR is between $502 and $10,000.

The price range for a 3-bedroom apartment in Portland, OR is between $849 and $11,084.

In Portland 47% of the housing is rented out compared to 53% of homes are owned, according to the most recent Census Bureau estimates. 28% of Portland's apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 50 units, and 19% are single-family rentals.

The average age of rental buildings in Portland is 26 years old, with 58% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 6 stories, of which 60% are garden-style apartment communities, 35% are mid-sized buildings, and 14% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Portland come in a range of sizes and floorplans. Studio apartments represent 19% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 44% of the total apartments in the city, while 2-bedroom floorplans represent around 31% of all rentals in Portland. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.