Apartments for Rent in Portland, OR

Prices and availability in Portland, OR were last updated on 9 Oct 2026.

The best apartments in Portland, OR are: The Parker, Clay & Tiffany, East Wind, Quinten Tower 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 $572 and $7,236.

The price range for a 1-bedroom apartment in Portland, OR is between $624 and $8,329.

The price range for a 2-bedroom apartment in Portland, OR is between $624 and $10,320.

The price range for a 3-bedroom apartment in Portland, OR is between $700 and $13,234.

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 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.

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.