Laurel 42
4242 NE Halsey St,
Portland, OR 97213
$1,139 - $2,190 | Studio - 2 Beds
Named for the historic Hollywood Theater in its center, the Hollywood neighborhood in northeast Portland lies close to downtown for a quick commute. A short walk takes residents to a busy commercial area full of shopping, dining, and entertainment options. A few blocks west, spacious Grant Park provides trails for strolling or jogging within reach of your apartment.
For an afternoon snack, sip some freshly brewed coffee and munch on a bagel at the Nectar Cafe. If you crave Asian cuisine, check out the popular Bluefin Sushi Bar. After dark, head to Moon and Sixpence British Pub and try their British fare.
As of August 2025, the average apartment rent in Hollywood is $1,195 for a studio, $1,497 for one bedroom, and $1,832 for two bedrooms. Apartment rent in Hollywood has increased by 0.6% in the past year.
Studio
371 sq ft
Average Sq Ft
$1,195/month
Average Rent
1 BR
634 sq ft
Average Sq Ft
$1,497/month
Average Rent
2 BR
922 sq ft
Average Sq Ft
$1,832/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Current Resident
6 years and 11 months ago•Niche Review
Hollywood is a great neighborhood. Lots of local breweries and restaurants. Lots of parks and food cart pods, family friendly. Easy to commute on bus or bike. Easy to get around. Laurelwood brewery is great for beer and welcomes kids. The golf course has lots of walking paths and a playground with tennis courts and baseball/soccer fields
3,281
Communities
912,898
Units
851
Cities
710
Communities
193,269
Units
330
Cities
670
Communities
129,820
Units
264
Cities
627
Communities
166,918
Units
243
Cities
618
Communities
104,504
Units
221
Cities
535
Communities
123,100
Units
278
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 June 2025.