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Last updated January 22 2021 at 11:03 PM

3,935 Apartments for rent in Portland, OR

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Downtown Portland
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Check out 3,935 verified apartments for rent in Portland, OR with rents starting as low as $700. Some apartments for rent in Portland might offer rent specials. Look out for the
$
rent special icon!
$
Verified
4 Units Available
The George Besaw
2323 Northwest Savier Street
Portland, OR | Nob Hill
Studio
$1,145
500 sqft
1 Bedroom
$1,713
725 sqft
2 Bedrooms
Ask
Last updated January 22 at 10:52 PM
Old World charm meets contemporary-boutique in one of Portland's most revered and historic neighborhoods.
$
Verified
56 Units Available
Alta Peak
1625 SW Alder St.
Portland, OR | Goose Hollow
Studio
$1,245
497 sqft
1 Bedroom
$1,386
660 sqft
2 Bedrooms
$2,385
1014 sqft
Last updated January 22 at 10:52 PM
Just because you live to explore doesn’t mean you don’t crave a comfortable, restorative spot to call home.
$
Verified
2 Units Available
The Russell
2621 NE 7th Ave
Portland, OR | Eliot
Studio
$1,201
583 sqft
1 Bedroom
Ask
2 Bedrooms
$2,299
1126 sqft
Last updated January 22 at 10:52 PM
Convenient to I-5 and I-84. Urban apartments with oversized windows, vinyl plank floors and breakfast bars. Eco-friendly apartment community offers a covered rain garden and a rooftop deck overlooking the Portland skyline.
Verified
9 Units Available
Kado NW
1378 Northwest 18th Avenue
Portland, OR | Nob Hill
Studio
Ask
1 Bedroom
$1,570
696 sqft
2 Bedrooms
$2,455
1089 sqft
Last updated January 22 at 10:52 PM
We are excited to announce that we are now scheduling in-person tours by appointment only. Schedule yours today! Experience a unique and creative living experience at Kado NW located in the NW Alphabet District.
Verified
80 Units Available
TwentyTwenty
2020 NE Multnomah Street
Portland, OR | Sullivan's Gulch
Studio
$1,399
481 sqft
1 Bedroom
$1,599
817 sqft
2 Bedrooms
$2,727
1160 sqft
Last updated January 22 at 10:52 PM
TwentyTwenty Apartments is at the juncture of the regular urban street grid, and the dramatic natural forms of Sullivan’s Gulch.
$
Verified
25 Units Available
Block 17
1161 NW Overton St
Portland, OR | Pearl
Studio
Ask
1 Bedroom
$1,103
772 sqft
2 Bedrooms
$2,775
1108 sqft
Last updated January 22 at 10:52 PM
High-rise apartments with views of the Willamette River. Walk to park, shops, restaurants and nearby public transportation stops. Units have stainless steel kitchen appliances, in-unit laundry and private balcony. Pet-friendly. Guest suite available.
$
Verified
26 Units Available
Broadstone Anthem
1313 E Burnside St
Portland, OR | Buckman
Studio
$1,329
478 sqft
1 Bedroom
$1,515
706 sqft
2 Bedrooms
$2,324
990 sqft
Last updated January 22 at 10:52 PM
TOUR YOUR WAY. Meet your new community, on your terms. Our doors are open by appointment-only for self-guided tours. Additionally, virtual tours via video chat are still available.
Verified
10 Units Available
Tupelo Alley
3850 N Mississippi Ave
Portland, OR | Overlook
Studio
Ask
1 Bedroom
$1,295
694 sqft
2 Bedrooms
$2,375
977 sqft
Last updated January 22 at 10:52 PM
Located a short drive from I-405 and Route 30. Luxurious and modern homes with patio/balcony, stainless steel kitchen appliances, and private laundry amenities. Community includes a business center and coffee bar.
$
Verified
53 Units Available
Grand Belmont
514 Southeast Belmont Street
Portland, OR | Buckman
Studio
$1,150
443 sqft
1 Bedroom
$1,420
624 sqft
2 Bedrooms
$2,399
1049 sqft
Last updated January 22 at 10:52 PM
Introducing Grand + Belmont. 131 historically inspired apartment homes for rent on the Central Eastside. A quintessential Portland neighborhood where innovators, problem-solvers, thought-leaders and button-pushers thrive.
$
Verified
11 Units Available
LL Hawkins
1515 NW 21st Ave
Portland, OR | Nob Hill
Studio
$1,353
580 sqft
1 Bedroom
$1,593
741 sqft
2 Bedrooms
$2,191
988 sqft
Last updated January 22 at 10:52 PM
Spotless, uber-contemporary apartments in a brand-new building with clubhouse and courtyard. Ice maker, walk-in closets and garbage disposal. Located in Portland's trendy Slabtown neighborhood, close to I-30.
$
Verified
16 Units Available
81 Fifty at West Hills
8150 SW Barnes Rd
Portland, OR | Cedar Hills - Cedar Mill
1 Bedroom
$1,260
522 sqft
2 Bedrooms
$1,445
889 sqft
Last updated January 22 at 10:52 PM
Walking distance to Oregon College of Art and Craft and Regency Park. Upgraded units feature newly refinished kitchens, designer cabinets, granite countertops and stainless steel appliances.
Verified
11 Units Available
Maestro
1755 Northwest Kearney Street
Portland, OR | Nob Hill
Studio
$1,125
503 sqft
1 Bedroom
$1,240
677 sqft
2 Bedrooms
$2,570
1125 sqft
Last updated January 22 at 10:52 PM
We are excited to announce that we are now scheduling in-person tours by appointment only. Schedule yours today! Beautifully unique, contemporary, and memorable - Maestro is the newest addition to an already fabulous Nob Hill neighborhood.
$
Verified
54 Units Available
Sandy28
2869 Northeast Sandy Boulevard
Portland, OR | Kerns
Studio
$1,097
458 sqft
1 Bedroom
$1,325
649 sqft
2 Bedrooms
$1,878
1005 sqft
Last updated January 22 at 10:52 PM
NOW OPEN - BRAND NEW PORTLAND APARTMENTS! NOW OFFERING, SELF-GUIDED AND VIRTUAL TOURS. At Sandy28 Apartments in Portland, we’re taking everything you love about our city and bringing it together under one roof.
$
Verified
12 Units Available
Montclair Terrace
4835 SW Oleson Rd
Portland, OR | Raleigh Hills
1 Bedroom
$1,340
765 sqft
2 Bedrooms
$1,475
963 sqft
3 Bedrooms
Ask
Last updated January 22 at 10:52 PM
Apartments feature custom finishes and ceiling fans. Lots of community features, including a pool, sauna, and laundry center. Enjoy a show at nearby Alpenrose Opera House. Near SW Beaverton Hillsdale Highway.
$
Verified
3 Units Available
ArLo
6015 North Interstate Avenue
Portland, OR | Arbor Lodge
Studio
$1,040
477 sqft
1 Bedroom
$1,605
674 sqft
2 Bedrooms
Ask
Last updated January 22 at 10:52 PM
NOW OFFERING SELF-GUIDED, VIRTUAL AND IN-PERSON TOURS (BY APPOINTMENT ONLY). ArLo’s community celebrates all our differences that define Portland life. Express your style, be yourself and live in your moment at ArLo Apartments.
Verified
4 Units Available
Habitat
5745 SW Oleson Rd
Portland, OR | Raleigh Hills
Studio
Ask
1 Bedroom
$1,349
678 sqft
2 Bedrooms
$1,485
876 sqft
Last updated January 22 at 10:52 PM
Pet-friendly one- and two-bedroom apartments with modern kitchens, fireplace, hardwoods and carpet, ceiling fan, in-unit laundry, patio/balcony. Community pool, gym, courtyard, private pond. Near parks, golfing, local schools. Minutes to Hwy. 217 and Hwy 26.
$
Verified
7 Units Available
Anthology on Division
3330 Southeast Division
Portland, OR | Richmond
Studio
$1,370
366 sqft
1 Bedroom
$1,350
591 sqft
2 Bedrooms
Ask
Last updated January 22 at 10:52 PM
We are offering self-guided and touch-less tours via scheduled appointments only. Our virtual tours are also available. Please schedule yours today.Our vibrant neighborhood serves all of your needs.
$
Verified
8 Units Available
The Thornton
1953 Northwest Overton Street
Portland, OR | Nob Hill
Studio
$939
430 sqft
Last updated January 22 at 10:52 PM
Find your own cozy corner of Slabtown—a neighborhood known for walkable streets, strong coffee, tasty eats, and diverse retail. Welcome to Northwest Portland. We are now offering self-guided and touch-less tours by appointment only.
$
Verified
72 Units Available
Revere
3309 N Mississippi Ave
Portland, OR | Boise
Studio
$1,325
572 sqft
1 Bedroom
$1,600
708 sqft
2 Bedrooms
$2,195
959 sqft
Last updated January 22 at 10:52 PM
NEW YEAR DEALS! Up to 10 Weeks FREE! Brand new, modern apartments on Mississippi Ave., now leasing for immediate move-in! Get ready to Live Loud and True at North Portland's most vibrant new community.
$
Verified
33 Units Available
Northpointe
1314 North Skidmore Street
Portland, OR | Overlook
Studio
$1,250
532 sqft
1 Bedroom
$1,470
706 sqft
2 Bedrooms
$1,813
953 sqft
Last updated January 22 at 10:52 PM
WE ARE OPEN! Lease today and get up to 10 WEEKS FREE! Northpointe Apartments offer brand new, modern and spacious studio, one-, and two-bedroom apartments for rent in Portland, OR.
$
Verified
23 Units Available
The Matisse
677 S Lowell St
Portland, OR | Downtown Portland
Studio
$1,355
484 sqft
1 Bedroom
$1,385
743 sqft
2 Bedrooms
$2,115
1014 sqft
Last updated January 22 at 10:52 PM
Near I-5 and the Streetcar line. Minutes from the water. On-site media room, garages, business center and gym. Units offer hardwood floors, granite countertops, stainless steel appliances and in-unit laundry.
Verified
5 Units Available
Holm at Sellwood
8220 Southeast 6th Avenue
Portland, OR | Westmoreland
Studio
$1,350
488 sqft
1 Bedroom
$1,580
602 sqft
2 Bedrooms
Ask
Last updated January 22 at 10:52 PM
HOLM CONNECTS YOU TO WHAT'S IMPORTANT Home should feel welcoming, connected, and easy; so we designed for it..
$
Verified
8 Units Available
ORO
1470 Northwest Overton Street
Portland, OR | Pearl
Studio
$1,095
411 sqft
1 Bedroom
$1,249
568 sqft
2 Bedrooms
$1,999
719 sqft
Last updated January 22 at 10:52 PM
The Pearl District’s most walkable, connected and stylish apartment experience. Our vision is simple. Provide luxurious and efficient living in the heart of central Portland, where Slabtown and the Pearl District meet.
Verified
26 Units Available
Couch 9
135 NW 9th Ave
Portland, OR | Pearl
Studio
$1,420
523 sqft
1 Bedroom
$1,400
772 sqft
2 Bedrooms
$2,475
1017 sqft
Last updated January 22 at 10:52 PM
Highly desirable luxury apartments near the Brewery Blocks and Interstate 405. The beautiful units have high ceilings and floor-to-ceiling windows. An on-site tasting room keeps wine enthusiasts happy.

Median Rent in Portland

Last updated Dec. 2020
The median rent for a 1 bedroom apartment in Portland is $1,119, while the median rent for a 2 bedroom apartment is $1,304.
Studio
$970
1 Bed
$1,119
2 Beds
$1,304
3+ Beds
$1,675
Find More Rentals By

Bedrooms

Portland 1 Bedroom Apartments

Bedrooms

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Find an apartment for rent in Portland, OR


Searching for an apartment for rent in Portland, OR? Look no further! Apartment List will help you find a perfect apartment near you. There are 3,935 available rental units listed on Apartment List in Portland. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Portland is $970 for a studio, $1,119 for a one-bedroom apartment, and $1,304 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Portland apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Portland, OR apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Portland?
In Portland, the median rent is $970 for a studio, $1,119 for a 1-bedroom, $1,304 for a 2-bedroom, and $1,675 for a 3-bedroom. For more information on rental trends in Portland, check out our monthly Portland Rent Report.
How much is rent in Portland?
In Portland, the median rent is $970 for a studio, $1,119 for a 1-bedroom, $1,304 for a 2-bedroom, and $1,675 for a 3-bedroom. For more information on rental trends in Portland, check out our monthly Portland Rent Report.
How can I find a cheap apartment in Portland?
You can filter cheap apartments in Portland by price: under $1,200, under $1,100, under $1,000, or search by apartments that are offering move-in specials.
How can I find a cheap apartment in Portland?
You can filter cheap apartments in Portland by price: under $1,200, under $1,100, under $1,000, or search by apartments that are offering move-in specials.
How can I find a pet-friendly apartment in Portland?
You can use the pet-friendly filter to find Portland apartments that allow pets.
How can I find a pet-friendly apartment in Portland?
You can use the pet-friendly filter to find Portland apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Portland properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How can I tour apartments during the COVID-19 pandemic?
While some Portland properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Portland?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Portland.
How much should I pay for rent in Portland?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Portland.
How can I find off-campus housing in Portland?
You can use the off-campus housing filters to find apartments near colleges located in or around Portland. Some of the colleges and universities in the area include Oregon Health & Science University, Clark College, Concordia University-Portland, Portland State University, and Reed College.
How can I find off-campus housing in Portland?
You can use the off-campus housing filters to find apartments near colleges located in or around Portland. Some of the colleges and universities in the area include Oregon Health & Science University, Clark College, Concordia University-Portland, Portland State University, and Reed College.

Median Rent in Portland

Last updated Dec. 2020
The median rent for a 1 bedroom apartment in Portland is $1,119, while the median rent for a 2 bedroom apartment is $1,304.
Studio
$970
1 Bed
$1,119
2 Beds
$1,304
3+ Beds
$1,675

City Guide

Portland
"Well Portland, Oregon and sloe gin fizz. If that ain't love then tell me what is." (-Loretta Lynn, "Portland Oregon")
"Well Portland, Oregon and sloe gin fizz. If that ain't love then tell me what is." (-Loretta Lynn, "Portland Oregon")

Portland, where the dream of the 90s is still alive! Whether you’re an outdoor sports guru interested in maximizing your time on mountain and coast or a caffeinated fashionista joining the hipster pilgrimage, Portland, Oregon, is a fun and funky place to inhabit. But the intention to be a Portlander is only part of the formula; you still need a place to crash, right? Let’s find you a flippin’ sweet apartment.

Having trouble with Craigslist Portland? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Cathedral Park and St. John's Bridge

Trees blossoming at Reed's College

View of Portland, OR

Living in the Pacific Northwest

Every region boasts a unique set of perks and challenges to human survival. Here are some considerations you ought to weigh in choosing a place to live.

Rain: Oregon’s called the Evergreen State for a reason: rainfall amounts to forty inches a year in Portland, over half this amount accruing between November and February. So you’ve got to be prepared to conduct your daily existence in the bald threat of wetness. Invest in some good boots and a raincoat. And—if you’re a bike commuter—front and back fenders are absolutely essential.

Sun: The maritime climate may keep temperatures mild (it rarely strays more than fifteen degrees on either side of 53° F, the annual average), but latitude dictates surprisingly short winter days. If you’re worried about seasonal affective disorder, be sure to choose a pad with lots of natural light and south-facing windows.

Transport: Think of Portland as the littlest brother in a trio of Pac NW cities: Vancouver, British Columbia, and Seattle, Washington, lie to the north along the heavily trafficked I-5 corridor. Portland has decent public transport options, and Amtrak offers rail travel north as well as south (to Corvallis and Eugene). But if you aim to make it out to stunning Cannon Beach or up to staggering Mt. Hood, both within a 100 miles of the metro area, you’ll need a car. (Just make sure it’s a hybrid!)

Living in the Pacific Northwest
+

Every region boasts a unique set of perks and challenges to human survival. Here are some considerations you ought to weigh in choosing a place to live.

Rain: Oregon’s called the Evergreen State for a reason: rainfall amounts to forty inches a year in Portland, over half this amount accruing between November and February. So you’ve got to be prepared to conduct your daily existence in the bald threat of wetness. Invest in some good boots and a raincoat. And—if you’re a bike commuter—front and back fenders are absolutely essential.

Sun: The maritime climate may keep temperatures mild (it rarely strays more than fifteen degrees on either side of 53° F, the annual average), but latitude dictates surprisingly short winter days. If you’re worried about seasonal affective disorder, be sure to choose a pad with lots of natural light and south-facing windows.

Transport: Think of Portland as the littlest brother in a trio of Pac NW cities: Vancouver, British Columbia, and Seattle, Washington, lie to the north along the heavily trafficked I-5 corridor. Portland has decent public transport options, and Amtrak offers rail travel north as well as south (to Corvallis and Eugene). But if you aim to make it out to stunning Cannon Beach or up to staggering Mt. Hood, both within a 100 miles of the metro area, you’ll need a car. (Just make sure it’s a hybrid!)

Neighborhood Breakdown: The Quadrant System

Portland is bisected vertically by the Willamette River and horizontally by Burnside St., rendering four quadrants: Southwest, Northwest, Southeast, and Northeast. Yet the ubiquitous “Keep Portland Weird” slogan characterizes even the city’s geography. That’s right, there’s a fifth “quadrant,” North Portland.

SW Portland: Home to two of the city’s largest universities, Portland State and OHSU, Southwest is the quieter option for those hungry for downtown amenities. Upscale dining without the touristy bustle? Find it here. Brownstone duplex apartments.

NW Portland: The veritable heartbeat of Portland’s financial sector. PGE Park hosts MLS soccer games, Powell’s City of Books always has a world-renowned author lecturing, and Nob Hill’s got the highest per capita boutique greeting card stores. The only quadrant where the average building height exceeds five stories. Chic and contemporary studios.

SE Portland: The original bohemian ghetto. This neighborhood birthed Stumptown Coffee almost 20 years ago and Hawthorne St. has more vintage clothing stores than stoplights. Can’t stop showing off your fixie? Contemplating yet another tattoo? You’ll love Southeast. Room in a shared co-op.

NE Portland: Highest percentage of homes on the historic registry. Beautiful, tree-lined avenues scattered by the occasional brewpub or roastery. Serene and suburban (but not, ya know?). Renovated “Old Portland” craftsman house.

N Portland: Recently revitalized, North is quickly becoming the new artist hotbed. Home to Adidas, a replica of the Golden Gate Bridge, and a slew of Ethiopian restaurants. Condo near the Mississippi Arts District.

Portland is a diverse town—in more ways than one. Fitting yourself into that diversity can be a trial, but feeling comfortable in your place of residence is propriety number one. Good luck, and welcome to Bridgetown, USA!

Neighborhood Breakdown: The Quadrant System
+

Portland is bisected vertically by the Willamette River and horizontally by Burnside St., rendering four quadrants: Southwest, Northwest, Southeast, and Northeast. Yet the ubiquitous “Keep Portland Weird” slogan characterizes even the city’s geography. That’s right, there’s a fifth “quadrant,” North Portland.

SW Portland: Home to two of the city’s largest universities, Portland State and OHSU, Southwest is the quieter option for those hungry for downtown amenities. Upscale dining without the touristy bustle? Find it here. Brownstone duplex apartments.

NW Portland: The veritable heartbeat of Portland’s financial sector. PGE Park hosts MLS soccer games, Powell’s City of Books always has a world-renowned author lecturing, and Nob Hill’s got the highest per capita boutique greeting card stores. The only quadrant where the average building height exceeds five stories. Chic and contemporary studios.

SE Portland: The original bohemian ghetto. This neighborhood birthed Stumptown Coffee almost 20 years ago and Hawthorne St. has more vintage clothing stores than stoplights. Can’t stop showing off your fixie? Contemplating yet another tattoo? You’ll love Southeast. Room in a shared co-op.

NE Portland: Highest percentage of homes on the historic registry. Beautiful, tree-lined avenues scattered by the occasional brewpub or roastery. Serene and suburban (but not, ya know?). Renovated “Old Portland” craftsman house.

N Portland: Recently revitalized, North is quickly becoming the new artist hotbed. Home to Adidas, a replica of the Golden Gate Bridge, and a slew of Ethiopian restaurants. Condo near the Mississippi Arts District.

Portland is a diverse town—in more ways than one. Fitting yourself into that diversity can be a trial, but feeling comfortable in your place of residence is propriety number one. Good luck, and welcome to Bridgetown, USA!

Read More

City Guide

Portland
"Well Portland, Oregon and sloe gin fizz. If that ain't love then tell me what is." (-Loretta Lynn, "Portland Oregon")
"Well Portland, Oregon and sloe gin fizz. If that ain't love then tell me what is." (-Loretta Lynn, "Portland Oregon")

Portland, where the dream of the 90s is still alive! Whether you’re an outdoor sports guru interested in maximizing your time on mountain and coast or a caffeinated fashionista joining the hipster pilgrimage, Portland, Oregon, is a fun and funky place to inhabit. But the intention to be a Portlander is only part of the formula; you still need a place to crash, right? Let’s find you a flippin’ sweet apartment.

Having trouble with Craigslist Portland? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Cathedral Park and St. John's Bridge

Trees blossoming at Reed's College

View of Portland, OR

Living in the Pacific Northwest

Every region boasts a unique set of perks and challenges to human survival. Here are some considerations you ought to weigh in choosing a place to live.

Rain: Oregon’s called the Evergreen State for a reason: rainfall amounts to forty inches a year in Portland, over half this amount accruing between November and February. So you’ve got to be prepared to conduct your daily existence in the bald threat of wetness. Invest in some good boots and a raincoat. And—if you’re a bike commuter—front and back fenders are absolutely essential.

Sun: The maritime climate may keep temperatures mild (it rarely strays more than fifteen degrees on either side of 53° F, the annual average), but latitude dictates surprisingly short winter days. If you’re worried about seasonal affective disorder, be sure to choose a pad with lots of natural light and south-facing windows.

Transport: Think of Portland as the littlest brother in a trio of Pac NW cities: Vancouver, British Columbia, and Seattle, Washington, lie to the north along the heavily trafficked I-5 corridor. Portland has decent public transport options, and Amtrak offers rail travel north as well as south (to Corvallis and Eugene). But if you aim to make it out to stunning Cannon Beach or up to staggering Mt. Hood, both within a 100 miles of the metro area, you’ll need a car. (Just make sure it’s a hybrid!)

Living in the Pacific Northwest
+

Every region boasts a unique set of perks and challenges to human survival. Here are some considerations you ought to weigh in choosing a place to live.

Rain: Oregon’s called the Evergreen State for a reason: rainfall amounts to forty inches a year in Portland, over half this amount accruing between November and February. So you’ve got to be prepared to conduct your daily existence in the bald threat of wetness. Invest in some good boots and a raincoat. And—if you’re a bike commuter—front and back fenders are absolutely essential.

Sun: The maritime climate may keep temperatures mild (it rarely strays more than fifteen degrees on either side of 53° F, the annual average), but latitude dictates surprisingly short winter days. If you’re worried about seasonal affective disorder, be sure to choose a pad with lots of natural light and south-facing windows.

Transport: Think of Portland as the littlest brother in a trio of Pac NW cities: Vancouver, British Columbia, and Seattle, Washington, lie to the north along the heavily trafficked I-5 corridor. Portland has decent public transport options, and Amtrak offers rail travel north as well as south (to Corvallis and Eugene). But if you aim to make it out to stunning Cannon Beach or up to staggering Mt. Hood, both within a 100 miles of the metro area, you’ll need a car. (Just make sure it’s a hybrid!)

Neighborhood Breakdown: The Quadrant System

Portland is bisected vertically by the Willamette River and horizontally by Burnside St., rendering four quadrants: Southwest, Northwest, Southeast, and Northeast. Yet the ubiquitous “Keep Portland Weird” slogan characterizes even the city’s geography. That’s right, there’s a fifth “quadrant,” North Portland.

SW Portland: Home to two of the city’s largest universities, Portland State and OHSU, Southwest is the quieter option for those hungry for downtown amenities. Upscale dining without the touristy bustle? Find it here. Brownstone duplex apartments.

NW Portland: The veritable heartbeat of Portland’s financial sector. PGE Park hosts MLS soccer games, Powell’s City of Books always has a world-renowned author lecturing, and Nob Hill’s got the highest per capita boutique greeting card stores. The only quadrant where the average building height exceeds five stories. Chic and contemporary studios.

SE Portland: The original bohemian ghetto. This neighborhood birthed Stumptown Coffee almost 20 years ago and Hawthorne St. has more vintage clothing stores than stoplights. Can’t stop showing off your fixie? Contemplating yet another tattoo? You’ll love Southeast. Room in a shared co-op.

NE Portland: Highest percentage of homes on the historic registry. Beautiful, tree-lined avenues scattered by the occasional brewpub or roastery. Serene and suburban (but not, ya know?). Renovated “Old Portland” craftsman house.

N Portland: Recently revitalized, North is quickly becoming the new artist hotbed. Home to Adidas, a replica of the Golden Gate Bridge, and a slew of Ethiopian restaurants. Condo near the Mississippi Arts District.

Portland is a diverse town—in more ways than one. Fitting yourself into that diversity can be a trial, but feeling comfortable in your place of residence is propriety number one. Good luck, and welcome to Bridgetown, USA!

Neighborhood Breakdown: The Quadrant System
+

Portland is bisected vertically by the Willamette River and horizontally by Burnside St., rendering four quadrants: Southwest, Northwest, Southeast, and Northeast. Yet the ubiquitous “Keep Portland Weird” slogan characterizes even the city’s geography. That’s right, there’s a fifth “quadrant,” North Portland.

SW Portland: Home to two of the city’s largest universities, Portland State and OHSU, Southwest is the quieter option for those hungry for downtown amenities. Upscale dining without the touristy bustle? Find it here. Brownstone duplex apartments.

NW Portland: The veritable heartbeat of Portland’s financial sector. PGE Park hosts MLS soccer games, Powell’s City of Books always has a world-renowned author lecturing, and Nob Hill’s got the highest per capita boutique greeting card stores. The only quadrant where the average building height exceeds five stories. Chic and contemporary studios.

SE Portland: The original bohemian ghetto. This neighborhood birthed Stumptown Coffee almost 20 years ago and Hawthorne St. has more vintage clothing stores than stoplights. Can’t stop showing off your fixie? Contemplating yet another tattoo? You’ll love Southeast. Room in a shared co-op.

NE Portland: Highest percentage of homes on the historic registry. Beautiful, tree-lined avenues scattered by the occasional brewpub or roastery. Serene and suburban (but not, ya know?). Renovated “Old Portland” craftsman house.

N Portland: Recently revitalized, North is quickly becoming the new artist hotbed. Home to Adidas, a replica of the Golden Gate Bridge, and a slew of Ethiopian restaurants. Condo near the Mississippi Arts District.

Portland is a diverse town—in more ways than one. Fitting yourself into that diversity can be a trial, but feeling comfortable in your place of residence is propriety number one. Good luck, and welcome to Bridgetown, USA!

Rent Report
Portland

January 2021 Portland Rent Report

Welcome to the January 2021 Portland Rent Report. Portland rents declined over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to cities throughout the state and nation.

Portland rents decline sharply over the past month

Portland rents have declined 0.9% over the past month, and have decreased sharply by 7.0% in comparison to the same time last year. Currently, median rents in Portland stand at $1,119 for a one-bedroom apartment and $1,305 for a two-bedroom. This is the ninth straight month that the city has seen rent decreases after an increase in March. Portland's year-over-year rent growth lags the state average of -1.8%, as well as the national average of -1.5%.

    Rents rising across cities in the Portland Metro

    While rent decreases have been occurring in the city of Portland over the past year, cities in the rest of the metro are seeing the opposite trend. Rents have risen in 7 of the largest 10 cities in the Portland metro for which we have data. Oregon as a whole logged rent growth of -1.8% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

    • Looking throughout the metro, Lake Oswego is the most expensive of all Portland metro's major cities, with a median two-bedroom rent of $1,839; of the 10 largest cities in Oregon metro that we have data for, Beaverton and Corvallis, where two-bedrooms go for $1,529 and $1,147, are the two other major cities in the metro besides Portland to see rents fall year-over-year (-0.8% and -0.7%).
    • Bend, Vancouver, and Salem have all experienced year-over-year growth above the state average (9.4%, 5.2%, and 4.8%, respectively).

    Comparable cities nationwide show more affordable rents compared to Portland

    As rents have fallen sharply in Portland, similar cities nationwide have seen prices increase, in some cases substantially. Compared to most other large cities across the country, Portland is less affordable for renters.

    • Portland's median two-bedroom rent of $1,305 is above the national average of $1,090. Nationwide, rents have fallen by 1.5% over the past year compared to the 7.0% decline in Portland.
    • While rents in Portland fell sharply over the past year, many cities nationwide saw increases, including Las Vegas (+5.4%) and Phoenix (+4.2%).
    • Renters will generally find more expensive prices in Portland than most similar cities. For example, Phoenix has a median 2BR rent of $1,161.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Portland
    $1,120
    $1,300
    -0.9%
    -7%
    Vancouver
    $1,180
    $1,400
    -0.3%
    5.2%
    Gresham
    $1,090
    $1,350
    -0.3%
    1.3%
    Hillsboro
    $1,370
    $1,500
    -0.2%
    1.4%
    Beaverton
    $1,260
    $1,530
    -1.5%
    -0.8%
    Lake Oswego
    $1,550
    $1,840
    -0.7%
    1%
    Wilsonville
    $1,330
    $1,520
    -1.5%
    1.1%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post about the methodology on our blog.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Read More

    January 2021 Portland Rent Report

    Welcome to the January 2021 Portland Rent Report. Portland rents declined over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to cities throughout the state and nation.

    View full Rent Report

    January 2021 Portland Rent Report

    Welcome to the January 2021 Portland Rent Report. Portland rents declined over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to cities throughout the state and nation.

    Portland rents decline sharply over the past month

    Portland rents have declined 0.9% over the past month, and have decreased sharply by 7.0% in comparison to the same time last year. Currently, median rents in Portland stand at $1,119 for a one-bedroom apartment and $1,305 for a two-bedroom. This is the ninth straight month that the city has seen rent decreases after an increase in March. Portland's year-over-year rent growth lags the state average of -1.8%, as well as the national average of -1.5%.

      Rents rising across cities in the Portland Metro

      While rent decreases have been occurring in the city of Portland over the past year, cities in the rest of the metro are seeing the opposite trend. Rents have risen in 7 of the largest 10 cities in the Portland metro for which we have data. Oregon as a whole logged rent growth of -1.8% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

      • Looking throughout the metro, Lake Oswego is the most expensive of all Portland metro's major cities, with a median two-bedroom rent of $1,839; of the 10 largest cities in Oregon metro that we have data for, Beaverton and Corvallis, where two-bedrooms go for $1,529 and $1,147, are the two other major cities in the metro besides Portland to see rents fall year-over-year (-0.8% and -0.7%).
      • Bend, Vancouver, and Salem have all experienced year-over-year growth above the state average (9.4%, 5.2%, and 4.8%, respectively).

      Comparable cities nationwide show more affordable rents compared to Portland

      As rents have fallen sharply in Portland, similar cities nationwide have seen prices increase, in some cases substantially. Compared to most other large cities across the country, Portland is less affordable for renters.

      • Portland's median two-bedroom rent of $1,305 is above the national average of $1,090. Nationwide, rents have fallen by 1.5% over the past year compared to the 7.0% decline in Portland.
      • While rents in Portland fell sharply over the past year, many cities nationwide saw increases, including Las Vegas (+5.4%) and Phoenix (+4.2%).
      • Renters will generally find more expensive prices in Portland than most similar cities. For example, Phoenix has a median 2BR rent of $1,161.

      For more information check out our national report. You can also access our full data for cities and counties across the U.S.

      City
      Median 1BR Rent
      Median 2BR Rent
      M/M Rent Growth
      Y/Y Rent Growth
      Portland
      $1,120
      $1,300
      -0.9%
      -7%
      Vancouver
      $1,180
      $1,400
      -0.3%
      5.2%
      Gresham
      $1,090
      $1,350
      -0.3%
      1.3%
      Hillsboro
      $1,370
      $1,500
      -0.2%
      1.4%
      Beaverton
      $1,260
      $1,530
      -1.5%
      -0.8%
      Lake Oswego
      $1,550
      $1,840
      -0.7%
      1%
      Wilsonville
      $1,330
      $1,520
      -1.5%
      1.1%
      See More

      Methodology - Recent Updates:

      Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

      Read more about our new methodology below, or see a more detailed post about the methodology on our blog.

      Methodology:

      Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

      Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

      Read more about our methodology.

      About Rent Reports:

      Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

      We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

      Portland Renter Confidence Survey
      National study of renter’s satisfaction with their cities and states

      Here’s how Portland ranks on:

      B
      Overall satisfaction
      B+
      Safety and crime rate
      B-
      Jobs and career opportunities
      A-
      Recreational activities
      D
      Affordability
      B-
      Quality of schools
      B+
      Social Life
      C+
      Weather
      C
      Commute time
      B+
      State and local taxes
      A
      Public transit
      A
      Pet-friendliness

      Overview of Findings

      Apartment List has released Portland’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

      "Portland renters expressed general satisfaction with the city overall," according to Apartment List. "However, ratings varied greatly across different categories, indicating that even though renters love Portland, some aspects can be better."

      Key Findings in Portland include the following:

      • Portland renters gave their city a B overall.
      • The highest-rated categories for Portland were pet-friendliness and public transit, which both received scores of A.
      • The areas of concern to Portland renters are affordability and commute time, which received D and C scores, respectively.
      • Portland millennials are moderately satisfied with their city, giving it an overall rating of B.
      • Portland did relatively well compared to other Pacific Northwest cities like Spokane (C+) and Tacoma (C+), but earned lower marks than Seattle (B+) and Beaverton (B+).
      • Portland did relatively poorly compared to similar cities nationwide, including Austin (A-), Nashville (A-) and Boston (A).
      • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

      Renters say:

      • "There are so many activities both in and outside of the city. Unfortunately, rent is skyrocketing and traffic is getting worse." -Nolan B.
      • "People love living in Portland, which makes it a happy, fun environment. However, people love it so much that it’s crowded and expensive, too." -Chelsea C.
      • "I love how green and vibrant everything is, especially in the summer. I also like the laid-back atmosphere." -Ashley M.

      For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

      View our national survey results here.
      Read More

      Renter Confidence Survey

      Apartment List has released Portland’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

      "Portland renters expressed general satisfaction with the city overall," according to Apartment Li...

      View full Portland Renter Survey

      Here’s how Portland ranks on:

      B
      Overall satisfaction
      B+
      Safety and crime rate
      B-
      Jobs and career opportunities
      A-
      Recreational activities
      D
      Affordability
      B-
      Quality of schools
      B+
      Social Life
      C+
      Weather
      C
      Commute time
      B+
      State and local taxes
      A
      Public transit
      A
      Pet-friendliness

      Overview of Findings

      Apartment List has released Portland’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

      "Portland renters expressed general satisfaction with the city overall," according to Apartment List. "However, ratings varied greatly across different categories, indicating that even though renters love Portland, some aspects can be better."

      Key Findings in Portland include the following:

      • Portland renters gave their city a B overall.
      • The highest-rated categories for Portland were pet-friendliness and public transit, which both received scores of A.
      • The areas of concern to Portland renters are affordability and commute time, which received D and C scores, respectively.
      • Portland millennials are moderately satisfied with their city, giving it an overall rating of B.
      • Portland did relatively well compared to other Pacific Northwest cities like Spokane (C+) and Tacoma (C+), but earned lower marks than Seattle (B+) and Beaverton (B+).
      • Portland did relatively poorly compared to similar cities nationwide, including Austin (A-), Nashville (A-) and Boston (A).
      • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

      Renters say:

      • "There are so many activities both in and outside of the city. Unfortunately, rent is skyrocketing and traffic is getting worse." -Nolan B.
      • "People love living in Portland, which makes it a happy, fun environment. However, people love it so much that it’s crowded and expensive, too." -Chelsea C.
      • "I love how green and vibrant everything is, especially in the summer. I also like the laid-back atmosphere." -Ashley M.

      For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

      View our national survey results here.