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Last updated November 29 2020 at 10:10 AM

4,330 Apartments for rent in Portland, OR - p. 3

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Check out 4,330 verified apartments for rent in Portland, OR with rents starting as low as $800. Some apartments for rent in Portland might offer rent specials. Look out for the
$
rent special icon!
Verified
Contact for Availability
Garden Park
5104 SE 30th Ave
Portland, OR | Reed
2 Bedrooms
$1,733
Last updated March 10 at 06:22 PM
Luxury community features parking, pool, sauna and coffee bar. Residents live in units with dishwasher, fireplace, garbage disposal and laundry. Located on SE 30th Ave, close to dining, shopping and parks.
Verified
9 Units Available
Fortyone 11 Apartments
4111 Northeast Martin Luther King Jr Boulevard
Portland, OR | King
Studio
$1,099
411 sqft
1 Bedroom
$1,379
479 sqft
2 Bedrooms
Ask
Last updated November 29 at 04:46 AM
FortyOne 11 Apartments in Portland, Oregon, near Alberta delivers an unbeatable advantage. Access everything that makes PDX your desired place to live, work, and explore.
Verified
5 Units Available
Goose Hollow Lofts
1450 SW Jefferson St
Portland, OR | Goose Hollow
Studio
$1,029
418 sqft
1 Bedroom
$1,199
488 sqft
2 Bedrooms
$1,849
744 sqft
Last updated November 29 at 04:46 AM
At Goose Hollow Lofts, our jaw-dropping apartment homes in Southwest Portland, Oregon, are perfectly accessorized by a mix of luxe features and community perks.
Verified
4 Units Available
5819 Glisan Apartments
5819 NE Glisan St
Portland, OR | North Tabor
1 Bedroom
$1,375
662 sqft
2 Bedrooms
Ask
Last updated November 29 at 06:07 AM
For those who set a high standard of excellence in their lives, 5819 Glisan, is the home for you. Come enjoy the best apartments for rent in Portland, Oregon. In a relaxing and charming setting, you'll love all that our community has to offer.
Verified
20 Units Available
Heartline Apartments
1250 Northwest Kearny Street
Portland, OR | Pearl
Studio
$1,455
574 sqft
1 Bedroom
$2,085
751 sqft
2 Bedrooms
$3,300
1308 sqft
Last updated November 29 at 06:15 AM
Fifteen-story glass tower in the Pearl District. Air conditioned units with open floorplans and large living areas. Rooftop lounge, elevator, and media center for residents.
Verified
7 Units Available
Uptown NW Collection
2240 NW Lovejoy St
Portland, OR | Nob Hill
Studio
$1,465
632 sqft
1 Bedroom
$1,524
676 sqft
2 Bedrooms
Ask
Last updated November 29 at 06:03 AM
Gracing the heart of the stylish Northwest district, The Franklin Ide is an elegant, stylish and very comfortable collection of 92 apartment homes.
$
Verified
16 Units Available
Griffis South Waterfront
0650 SW Gaines St
Portland, OR | Homestead
Studio
$1,241
507 sqft
1 Bedroom
$1,399
745 sqft
2 Bedrooms
$2,350
1114 sqft
Last updated November 29 at 07:00 AM
Close to Oregon Health and Science University and Marquam Nature Park. Stunning community with landscaped gardens, concierge service and a 24-hour gym. Stylish homes include private laundry amenities, stainless steel kitchen appliances and hardwood floors.
Verified
4 Units Available
Columbia Ridge
15910 NE Sandy Blvd
Portland, OR | Wilkes
2 Bedrooms
$1,310
917 sqft
3 Bedrooms
Ask
Last updated November 29 at 04:46 AM
Near the Washington border, nestled amongst the trees, Columbia Ridge Apartments is cozy community of two and three bedroom apartments in Portland, OR.
Verified
10 Units Available
Mount Scott Commons
11299 SE Stevens Rd
Portland, OR | Sunnyside
1 Bedroom
$1,165
620 sqft
2 Bedrooms
$1,445
944 sqft
3 Bedrooms
Ask
Last updated November 29 at 06:34 AM
Inspired by the grace and natural beauty of the mountainside, Mt. Scott Commons is a great place to live. Our spacious apartment homes offer spectacular views of the mountain, trees and lush landscaping.
Verified
8 Units Available
Amhurst
6109 Southeast Belmont Street
Portland, OR | Mt. Tabor
Studio
$975
575 sqft
Last updated November 29 at 06:30 AM
Amhurst Apartments is an eye catching vintage apartment home community in Portlands Mt Tabor neighborhood. This unique early 1900s brick building has turn of the century artisan details throughout.
Verified
Contact for Availability
The Carson Apartments
2121 Northwest Savier Street
Portland, OR | Nob Hill
Studio
$1,219
448 sqft
1 Bedroom
$1,707
726 sqft
2 Bedrooms
$2,066
940 sqft
Last updated November 24 at 09:08 PM
Nestled in Portland's trendy Slabtown, The Carson Apartments is just steps away from boutique shopping, choice eats, and cozy watering holes. Grab a beer at Breakside Brewery, or stop by CoHo productions for locally produced, artist-driven plays.
Verified
1 Unit Available
The Alexander Vincent
7301 Southeast Powell Boulevard
Portland, OR | South Tabor
1 Bedroom
Ask
2 Bedrooms
$1,475
775 sqft
Last updated November 29 at 06:37 AM
Come enjoy Portland living at Alexander Vincent. You'll find this community at 7301 SE Powell Blvd in the South Tabor area of Portland. From pricing to features, the professional leasing team is excited to help you find your new home.
Verified
Contact for Availability
Sixteen G Apartments
521 NE 16th Ave
Portland, OR | Kerns
Studio
$1,410
1 Bedroom
$1,560
2 Bedrooms
$2,390
Last updated November 28 at 10:07 AM
SIXTEEN G is a modern mid-century inspired community with an emphasis on offering a life of convenience and inspirational design. As the renowned mid-century designer Charles Eames would say, "The details are not the details, they make the design.
Verified
2 Units Available
Moreland Crossing
8150 SE 23rd Ave
Portland, OR | Westmoreland
Studio
Ask
1 Bedroom
$1,445
667 sqft
2 Bedrooms
Ask
Last updated November 29 at 06:51 AM
Moreland Crossing, in Portland, Oregon, offers all the comforts of home in a pristine setting that exceeds all expectations in apartment home living. It's time you pampered yourself with the lifestyle you have always deserved.
Verified
5 Units Available
Gilhurst
12330 SE Bush St
Portland, OR | Powellhurst-Gilbert
1 Bedroom
$1,140
750 sqft
2 Bedrooms
$1,385
750 sqft
Last updated September 16 at 06:41 PM
Gilhurst is located at 12330 SE Bush Street Portland, OR and is managed by Dalton Management, Inc. , a reputable property management company with verified listings on RENTCafe.
Verified
Contact for Availability
Merrick
1231 NE Martin Luther King Jr Blvd
Portland, OR | Lloyd District
Studio
$1,054
515 sqft
1 Bedroom
$1,162
683 sqft
2 Bedrooms
$1,747
1027 sqft
Last updated November 24 at 09:06 PM
Located just 15 minutes away from Portland International Airport, this pet-friendly community has a swimming pool, a hot tub and parking garages for residents. Homes feature high ceilings and large windows.
Verified
50 Units Available
Burlington Tower
900 NW Lovejoy St
Portland, OR | Pearl
Studio
$1,675
580 sqft
1 Bedroom
$1,600
884 sqft
2 Bedrooms
$2,500
1440 sqft
Last updated November 29 at 06:24 AM
The Burlington Tower is no ordinary apartment building. In fact, when you consider everything our Concierge Service can do for you, it’s more like a luxury hotel. Need a dinner reservation at the best restaurant in town? We can do that.
Verified
Contact for Availability
The Cordelia
777 NW 19th Ave
Portland, OR | Nob Hill
Studio
$1,191
563 sqft
1 Bedroom
$1,222
651 sqft
2 Bedrooms
$2,150
1016 sqft
Last updated November 14 at 06:44 AM
The Cordelia. Modern apartment homes located in Portland's northwest neighborhood, this is where rich history and modern lifestyle intersect.
Verified
1 Unit Available
Raven
340 Southeast 148th Avenue
Portland, OR | Glenfair
2 Bedrooms
$1,250
900 sqft
Last updated November 29 at 06:31 AM
The Glenfair neighborhood is a great location to live with easy access to endless bike paths & Trimet. A variety of marketplaces, mini marts & outdoor activities for everyone is within a few minutes away from Raven Apartments.
Verified
3 Units Available
Crestwood Courts
3830 SW Plum St
Portland, OR | Multnomah Village
1 Bedroom
Ask
2 Bedrooms
$1,175
725 sqft
Last updated November 19 at 03:13 PM
Welcome to Crestwood Courts Apartment Homes, a community that combines spacious garden style and townhome floor plans located in SW Portland. Our friendly staff provides customer service that is second to none.
Verified
3 Units Available
Tempo West Apartments
5808 SW Beaverton Hillsdale Hwy
Portland, OR | Hayhurst
1 Bedroom
Ask
2 Bedrooms
$1,600
1056 sqft
3 Bedrooms
$1,985
1512 sqft
Last updated November 29 at 06:50 AM
Welcome to Tempo West Apartments in Portland, Oregon.
Verified
10 Units Available
Pearl Studios
1430 Pettygrove St
Portland, OR | Pearl
Studio
$999
306 sqft
Last updated November 29 at 06:51 AM
Pearl Studios Apartments is located in the renowned Pearl District, walking distance of Portland's favorite restaurants, shopping, groceries, nightlife, parks, educational institutes, bookstores, transit and so much more.
Verified
3 Units Available
Grace Apartments
1002 SW Gaines St
Portland, OR | Homestead
Studio
$975
350 sqft
1 Bedroom
$1,115
500 sqft
Last updated November 24 at 04:43 PM
A block from OHSU. This charming community offers custom kitchens, renovated bathrooms, and hardwood floors throughout. On-site laundry and recycling services. Spacious interiors with ample storage.
$
Verified
60 Units Available
Grand Belmont
514 Southeast Belmont Street
Portland, OR | Buckman
Studio
$1,140
443 sqft
1 Bedroom
$1,420
624 sqft
2 Bedrooms
$2,499
1049 sqft
Last updated November 29 at 04:46 AM
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.

Median Rent in Portland

Last updated Nov. 2020
The median rent for a 1 bedroom apartment in Portland is $1,125, while the median rent for a 2 bedroom apartment is $1,312.
Studio
$976
1 Bed
$1,125
2 Beds
$1,312
3+ Beds
$1,685
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 4,330 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 $976 for a studio, $1,125 for a one-bedroom apartment, and $1,312 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 $976 for a studio, $1,125 for a 1-bedroom, $1,312 for a 2-bedroom, and $1,685 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 $976 for a studio, $1,125 for a 1-bedroom, $1,312 for a 2-bedroom, and $1,685 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 Lewis & Clark College, Oregon Health & Science University, Portland Community College, University of Western States, and Concordia University-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 Lewis & Clark College, Oregon Health & Science University, Portland Community College, University of Western States, and Concordia University-Portland.

Median Rent in Portland

Last updated Nov. 2020
The median rent for a 1 bedroom apartment in Portland is $1,125, while the median rent for a 2 bedroom apartment is $1,312.
Studio
$976
1 Bed
$1,125
2 Beds
$1,312
3+ Beds
$1,685

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

December 2020 Portland Rent Report

Welcome to the December 2020 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 similar cities nationwide.

Portland rents decline sharply over the past month

Portland rents have declined 1.6% over the past month, and have decreased sharply by 6.5% in comparison to the same time last year. Currently, median rents in Portland stand at $1,126 for a one-bedroom apartment and $1,313 for a two-bedroom. This is the eighth 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 -1.6%, as well as the national average of -1.3%.

    Other large 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 $1,313 is above the national average of $1,095. Nationwide, rents have fallen by 1.3% over the past year compared to the 6.5% decline in Portland.
    • While rents in Portland fell sharply over the past year, many cities nationwide saw increases, including Las Vegas (+5.1%) and Phoenix (+3.9%).
    • Renters will generally find more expensive prices in Portland than most similar cities. For example, Phoenix has a median 2BR rent of $1,154.

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

    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

    December 2020 Portland Rent Report

    Welcome to the December 2020 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 similar cities nationwide.

    View full Rent Report

    December 2020 Portland Rent Report

    Welcome to the December 2020 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 similar cities nationwide.

    Portland rents decline sharply over the past month

    Portland rents have declined 1.6% over the past month, and have decreased sharply by 6.5% in comparison to the same time last year. Currently, median rents in Portland stand at $1,126 for a one-bedroom apartment and $1,313 for a two-bedroom. This is the eighth 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 -1.6%, as well as the national average of -1.3%.

      Other large 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 $1,313 is above the national average of $1,095. Nationwide, rents have fallen by 1.3% over the past year compared to the 6.5% decline in Portland.
      • While rents in Portland fell sharply over the past year, many cities nationwide saw increases, including Las Vegas (+5.1%) and Phoenix (+3.9%).
      • Renters will generally find more expensive prices in Portland than most similar cities. For example, Phoenix has a median 2BR rent of $1,154.

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

      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.