Portland/ Real Estate & Development
Published on April 22, 2020
The cheapest apartments for rent in Downtown, Portland 1436 S.W. Park Ave. | Photo: Zumper

According to rental site Zumper, median rents for a one-bedroom in Downtown are hovering around $1,550, compared to a $1,325 one-bedroom median for Portland as a whole.

So how does the low-end pricing on a Downtown rental look these days — and what might you get for the price?

We took a look at local listings from Zumper and Apartment Guide to find out what budget-minded apartment seekers can expect to find in the neighborhood, which, according to Walk Score ratings, is a "walker's paradise," is convenient for biking and has excellent transit.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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1717 S.W. Park Ave.

Photo: Apartment Guide
Photo: Apartment Guide

Listed at $949/month, this 388-square-foot studio apartment, located at 1717 S.W. Park Ave., is 26.7% less than the $1,295/month median rent for a studio in Downtown.

The building offers secured entry and garage parking. The apartment also comes with a dishwasher and hardwood floors. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly. Be prepared for a $300 pet deposit.

(See the complete listing here.)

1431 S.W. Park Ave.

Photo: Zumper
Photo: Zumper

Then, this studio apartment, situated at 1431 S.W. Park Ave., is listed for $985/month for its 300 square feet.

In the unit, expect to find a walk-in closet, central heating and hardwood flooring. This rental is cat-friendly. Look out for a $250 pet deposit.

(See the complete listing here.)

1834 S.W. Fifth Ave.

Photo: Zumper
Photo: Zumper

Next, here's a studio apartment at 1834 S.W. Fifth Ave., which, at 600 square feet, is going for $1,145/month.

When it comes to building amenities, expect on-site laundry and additional storage space. The unit also includes a dishwasher, high ceilings and hardwood floors. Pets are not welcome.

(See the full listing here.)

1436 S.W. Park Ave.

Photo: Zumper

Then there's this 516-square-foot residence with one bedroom and one bathroom at 1436 S.W. Park Ave., listed at $1,295/month.

When it comes to building amenities, expect garage parking. The residence comes with a walk-in closet, a dishwasher and in-unit laundry. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly.  

(See the listing here.)

1818 S.W. Fourth Ave.

Photo: Apartment Guide
Photo: Apartment Guide

Finally, check out this 469-square-foot one-bedroom, one-bathroom apartment at 1818 S.W. Fourth Ave., listed at $1,409/month.

Amenities offered in the building include on-site management, an elevator and a swimming pool. The apartment also has air conditioning. Neither cats nor dogs are welcome.

(Here's the listing.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Additionally, get free local real estate marketing ideas and tools for agents, brokers and more.

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