What is the average apartment size in Downtown Portland, Portland, OR?

The average size for a Downtown Portland, Portland, OR apartment is 732 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Downtown Portland?

As of Oct / 2025, the average rent in Downtown Portland is $1,944 per month, a 0.36% increase from last year’s average of $1,936.

How much does rent cost by apartment size in Downtown Portland?

In Downtown Portland, studios rent for $1,310 per month, one-bedroom units average $1,793 per month, two-bedrooms cost around $2,674 per month, and three-bedroom apartments rent for about $4,834 per month

What is the average apartment size in Downtown Portland?

The typical apartment in Downtown Portland offers about 732 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Downtown Portland?

Studio apartments in Downtown Portland average 447 sq. ft., one-bedrooms offer 690 sq. ft., two-bedrooms are about 1,045 sq. ft., and three-bedroom apartments average 1,625 sq. ft.

Downtown Portland, Portland, OR Rental Market Trends

Q: What's the typical rent budget in Downtown Portland?

The typical rent budget in Downtown Portland ranges from $1,501 to $2,000 per month, with 35% of rentals in this range.

Q: Do most people rent or own in Downtown Portland?

In Downtown Portland, 76% of households rent while 24% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Portland is $1,944, a 0.36% increase compared to the previous year, when the average rent was $1,936.

Studio Apartments at $1,310 offer the most budget-friendly option with 447 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 690 square feet for $1,793, balancing privacy and affordability.

Two-beedroom units at $2,674 offer 1,045 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,625 sq ft) for $4,834, suitable for larger households.

Average rent in Downtown Portland, Portland, OR

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,944	732 sq. ft.
Studio	$1,310	447 sq. ft.
1 Bed	$1,793	690 sq. ft.
2 Beds	$2,674	1,045 sq. ft.
3 Beds	$4,834	1,625 sq. ft.

Downtown Portland, Portland, OR rent trends

Rental prices in Downtown Portland, Portland, OR have increased by 0.36% over the past year. The average rent moved from $1,936 to $1,944.

What's the typical rent budget in Downtown Portland, Portland, OR?

The largest share of rentals in Downtown Portland, Portland, OR (35%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Portland, Portland, OR?

2,809 or 76% of the households in Downtown Portland, Portland, OR are renter-occupied while 903 or 24% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Downtown Portland?

Parkrose $1,225/month

Powellhurst - Gilbert $1,324/month

Glenfair $1,328/month

All of these neighborhoods fall below the city wide average of $1,731/month.

Most expensive neighborhoods in Downtown Portland?

Downtown Portland $1,944/month

South Waterfont $2,032/month

The Pearl $2,107/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Portland, OR By Neighborhood

Neighborhood	Average Rent
The Pearl	$2,107
South Waterfont	$2,032
Downtown Portland	$1,944
Madison South	$1,912
Mount Scott North	$1,896
Southwest Gresham	$1,883
Nob Hill - Northwest District	$1,852
Boise	$1,844
Northwest Gresham	$1,828
Bridgeton	$1,803
Buckman	$1,755
Goose Hollow	$1,744
Corbett - Terwilliger - Lair Hill	$1,724
Mount Hood	$1,718
Portsmouth	$1,712
Beaumont - Wilshire	$1,702
Lloyd District	$1,694
Sullivan's Gulch	$1,693
Hosford - Abernethy	$1,690
Kerns	$1,689
Hollybrook	$1,682
Kelly Creek	$1,669
Sellwood - Moreland	$1,667
Powell Valley	$1,666
Creston - Kenilworth	$1,654
Wilkes East	$1,631
Multnomah	$1,616
Eliot	$1,602
Richmond	$1,602
West Portland Park	$1,592
Sunnyside	$1,592
Central Gresham City	$1,584
Hillsdale	$1,577
East Centennial	$1,575
Overlook	$1,572
Northeast Gresham	$1,568
North Central Gresham	$1,567
Wilkes	$1,561
Hollywood	$1,544
Mount Tabor	$1,516
St. Johns	$1,506
Parkrose Heights	$1,500
Cathedral Park	$1,497
Rockwood	$1,489
Bridlemile	$1,488
Homestead	$1,451
Hazelwood	$1,450
West Centennial	$1,383
Mill Park	$1,378
Old Town Portland - Chinatown	$1,368
Lents	$1,365
South Tabor	$1,350
Glenfair	$1,328
Powellhurst - Gilbert	$1,324
Parkrose	$1,225

Portland | Rent Comparison by Neighborhood

Rent in Downtown Portland is 14% higher than in Beaumont - Wilshire

$1,944

Downtown Portland rent is the same as Portland average

Average Rent $1,944

$1,702

Beaumont - Wilshire rent is 12% lower than Portland average

Average Rent $1,702

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Portland apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.