Laurel 42
4242 NE Halsey St,
Portland, OR 97213
$1,315 - $2,175 Total Monthly Price
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 May 2026, the average apartment rent in Hollywood is $1,227 for a studio, $1,497 for one bedroom, and $1,860 for two bedrooms. Apartment rent in Hollywood has increased by 1.4% in the past year.
Studio
401 sq ft
Average Sq Ft
$1,227/month
Average Rent
1 BR
638 sq ft
Average Sq Ft
$1,497/month
Average Rent
2 BR
910 sq ft
Average Sq Ft
$1,860/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Hollywood - Portland, OR is for everyday living.
Exceptionally Walkable
Walkability
Good Public Transit
Transit
Fairly Drivable
Drivability
Moderately Bikeable
Bikeability
In Hollywood - Portland, OR, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Hollywood - Portland, OR provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Hollywood - Portland, OR from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Good Nightlife Variety Nearby
Nightlife
Fairly Noisy
Quiet Score
Current Resident
7 years and 8 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
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† 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 February 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.