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Area Guide

Hollywood Portland, OR

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.

Rent Trends

As of August 2026, the average apartment rent in Hollywood is $1,245 for a studio, $1,527 for one bedroom, and $1,866 for two bedrooms. Apartment rent in Hollywood has increased by 1.6% in the past year.

  • Studio

  • 401 sq ft

    Average Sq Ft

  • $1,245/month

    Average Rent

  • 1 BR

  • 638 sq ft

    Average Sq Ft

  • $1,527/month

    Average Rent

  • 2 BR

  • 907 sq ft

    Average Sq Ft

  • $1,866/month

    Average Rent

Learn More About Hollywood

Getting Around

Exceptionally Walkable

Walkability

100 / 100

Good Public Transit

Transit

70 / 100

Fairly Drivable

Drivability

50 / 100

Moderately Bikeable

Bikeability

60 / 100

Daily Essentials

Supermarket Within a 5 Minute Walk

Groceries

100 / 100

Exceptional Restaurant Variety Nearby

Restaurants

90 / 100

Exceptional Café Variety Nearby

Cafes

100 / 100

Great Variety of Shops Nearby

Shopping

80 / 100

Recreation

Large Amount of Park Space Nearby

Parks

70 / 100

Good Wellness Amenity Variety Nearby

Wellness

60 / 100

Local Vibe

Vibrant Atmosphere

Vibrancy

60 / 100

Exceptional Nightlife Variety Nearby

Nightlife

90 / 100

Fairly Noisy

Quiet Score

60 / 100

Reviews of Hollywood - Portland, OR

Niche Reviews Niche logo
3.5 4 Reviews

Current Resident

1 years and 2 months agoNiche Review

Love the area, but so tired of having g the homeless roaming the area 24/7!!! They set fides, leave garbage constantly! Not safe to go out at night!! Always carry mace.

See All Reviews on Niche.com

Points of Interest

Top Apartments in Hollywood

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Methodology

† 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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.