Millhouse
1985-1988 NW Savier St,
Portland, OR 97209
$1,395 - $4,325
Studio - 2 Beds
Portland has a reputation as a quirky and unique community, and Downtown absolutely matches that description. The local population represents a patchwork quilt of backgrounds—a stroll down any given street will likely involve seeing buttoned-up corporate professionals, bohemian artists, and everything in between. The result is a wild menagerie of sophisticated urban amenities, beautifully preserved history, original art, and the inimitably laid-back Pacific Northwest personality.
The relatively compact layout makes this part of town excellent for pedestrians and cyclists, with relatively small city blocks housing businesses and apartments in very close proximity to one another. The city’s experimental spirit influences virtually every aspect of Downtown, from the meticulous craft found in the local coffeehouses, restaurants, and cocktail bars to the thriving art and music scene to the often-iconoclastic style that many locals embrace. All in all, it’s a wonderful place to live, work, and play for folks who like to color outside the lines.
Downtown's Director Park
Walkway on a fall afternoon
The artistic Terry Schrunk Plaza
Portland's tiny Mill End Park
Shopping in Downtown Portland
Veteran's memorial in Lownsdale Square Park
As of September 2025, the average apartment rent in Downtown Portland is $1,290 for a studio, $1,723 for one bedroom, $2,659 for two bedrooms, and $4,462 for three bedrooms. Apartment rent in Downtown Portland has decreased by -0.1% in the past year.
Studio
465 sq ft
Average Sq Ft
$1,290/month
Average Rent
1 BR
685 sq ft
Average Sq Ft
$1,723/month
Average Rent
2 BR
1,043 sq ft
Average Sq Ft
$2,659/month
Average Rent
3 BR
1,446 sq ft
Average Sq Ft
$4,462/month
Average Rent
3,381
Communities
938,909
Units
867
Cities
698
Communities
189,489
Units
330
Cities
674
Communities
132,053
Units
263
Cities
623
Communities
167,920
Units
242
Cities
619
Communities
106,039
Units
220
Cities
530
Communities
122,197
Units
271
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.