Apartments for Rent in Portland, OR

Prices and availability in Portland, OR were last updated on 4 Jul 2026.

The best apartments in Portland, OR are: Clay & Tiffany, The Parker, East Wind, Alder Crossing Apartments and Lorence Court Apartments.

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

The price range for a studio apartment in Portland, OR is between $480 and $6,910.

The price range for a 1-bedroom apartment in Portland, OR is between $526 and $8,236.

The price range for a 2-bedroom apartment in Portland, OR is between $526 and $14,455.

The price range for a 3-bedroom apartment in Portland, OR is between $526 and $10,004.

In Portland, 48% of the residents are renting compared to 52% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 29% of Portland's rentals, 51% are small-scale complexes with under 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.

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.