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 Mar / 2026, the average rent in Downtown Portland is $1,940 per month, a 0.02% increase from last years average of $1,939.

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

In Downtown Portland, studios rent for $1,327 per month, one-bedroom units average $1,731 per month, two-bedrooms cost around $2,678 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.

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 37% 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: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Portland is $1,940, a 0.02% increase compared to the previous year, when the average rent was $1,939.

Studio Apartments at $1,327 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 $1,731, balancing privacy and affordability.

Two-beedroom units at $2,678 offer 1,045 square feet, perfect for roommates or small families.

Average rent in Downtown Portland, Portland, OR

Last updated: April 23, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,940	732 sq. ft.
Studio	$1,327	447 sq. ft.
1 Bed	$1,731	690 sq. ft.
2 Beds	$2,678	1,045 sq. ft.
3 Beds	n/a	n/a

Downtown Portland, Portland, OR rent trends

Rental prices in Downtown Portland, Portland, OR have increased by 0.02% over the past year. The average rent moved from $1,939 to $1,940.

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

The largest share of rentals in Downtown Portland, Portland, OR (37%) 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.

Most affordable neighborhoods in Downtown Portland?

Parkrose $1,204/month

South Tabor $1,230/month

Powellhurst - Gilbert $1,346/month

All of these neighborhoods fall below the city wide average of $1,713/month.

Most expensive neighborhoods in Downtown Portland?

Downtown Portland $1,940/month

South Waterfont $1,991/month

The Pearl $2,094/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	$2,094
South Waterfont	$1,991
Downtown Portland	$1,940
Boise	$1,873
Nob Hill - Northwest District	$1,831
Southwest Gresham	$1,820
Mount Scott North	$1,810
Northwest Gresham	$1,793
Buckman	$1,764
Bridgeton	$1,760
Goose Hollow	$1,735
Sullivan's Gulch	$1,726
Humboldt	$1,719
Corbett - Terwilliger - Lair Hill	$1,692
Madison South	$1,690
Kerns	$1,673
Lloyd District	$1,662
Beaumont - Wilshire	$1,661
Hollybrook	$1,660
Portsmouth	$1,625
Sunnyside	$1,618
West Portland Park	$1,615
East Centennial	$1,609
Mount Hood	$1,609
Parkrose Heights	$1,607
Powell Valley	$1,604
Eliot	$1,592
Central Gresham City	$1,587
Richmond	$1,584
Creston - Kenilworth	$1,582
Hillsdale	$1,579
Wilkes East	$1,578
Multnomah	$1,575
Reed	$1,572
Sellwood - Moreland	$1,565
Hollywood	$1,557
North Central Gresham	$1,542
Hosford - Abernethy	$1,539
Wilkes	$1,538
Northeast Gresham	$1,531
Overlook	$1,530
St. Johns	$1,520
Kelly Creek	$1,515
Mount Tabor	$1,506
Cathedral Park	$1,496
Old Town Portland - Chinatown	$1,488
Homestead	$1,474
West Centennial	$1,461
Lents	$1,458
Hazelwood	$1,457
Rockwood	$1,447
Bridlemile	$1,421
Mill Park	$1,381
Glenfair	$1,362
Powellhurst - Gilbert	$1,346
South Tabor	$1,230
Parkrose	$1,204

Portland | Rent Comparison by Neighborhood

Rent in Downtown Portland is 17% higher than in Beaumont - Wilshire

$1,940

Downtown Portland rent is the same as Portland average

Average Rent $1,940

$1,661

Beaumont - Wilshire rent is 14% lower than Portland average

Average Rent $1,661

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.