Portland State University

Portland, OR

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Portland State University - Portland, OR

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Let knowledge serve the city

PSU Portland State Vikings Innovative Sustainable Vibrant Diverse Walkable Progressive Commuter

Founded in 1946, Portland State University is Oregon’s most diverse public university, situated in the vibrant center of Downtown Portland along the banks of the Willamette River. Portland State is continually recognized for its sustainability efforts and bike-friendliness in addition to its top-rated academic programs. With a mission to “let knowledge serve the city,” PSU offers more than 226 bachelor’s, master’s, and doctoral degrees as well as access to a variety of career connections.

Many apartments, townhomes, and lofts are available for rent within walking distance of PSU. Should you choose to live a bit farther from campus, PSU is accessible from the 405, I-5, and Highway 26.

If over 150 student organizations and a range of Vikings sports teams competing in the NCAA Division I Big Sky Conference don’t suit your interests, you’re sure to find something that will in Downtown Portland. Visit the Portland Japanese Garden, Oregon Zoo, Portland Art Museum, Oregon Museum of Science and Industry, and Tom McCall Waterfront Park before you indulge in a foodie’s paradise.

Rent Trends

As of May 2025, the average apartment rent in Portland, OR is $1,247 for a studio, $1,517 for one bedroom, $1,807 for two bedrooms, and $2,145 for three bedrooms. Apartment rent in Portland has decreased by -0.8% in the past year.

  • Studio

  • 437 sq ft

    Average Sq Ft

  • $1,247/month

    Average Rent

  • 1 BR

  • 643 sq ft

    Average Sq Ft

  • $1,517/month

    Average Rent

  • 2 BR

  • 922 sq ft

    Average Sq Ft

  • $1,807/month

    Average Rent

  • 3 BR

  • 1,191 sq ft

    Average Sq Ft

  • $2,145/month

    Average Rent

Transportation

75

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

54

Good Transit

out of 100 TransitScore® Rating

The area around this property has good transit with many nearby transportation options.

85

Very Bikeable

out of 100 BikeScore® Rating

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Schools

Beverly Cleary School

Public

Grades K-8

604 Students

10
out of 10

Alameda Elementary School

Public

Grades K-5

538 Students

10
out of 10

Llewellyn Elementary School

Public

Grades K-5

413 Students

10
out of 10

Abernethy Elementary School

Public

Grades K-5

353 Students

10
out of 10

Rieke Elementary School

Public

Grades K-5

300 Students

10
out of 10

Beverly Cleary School

Public

Grades K-8

604 Students

10
out of 10

Mt Tabor Middle School

Public

Grades 6-8

606 Students

9
out of 10

Winterhaven School

Public

Grades K-8

313 Students

9
out of 10

Skyline Elementary School

Public

Grades K-8

215 Students

9
out of 10

Sellwood Middle School

Public

Grades 6-8

563 Students

8
out of 10

Riverdale High School

Public

Grades 9-12

185 Students

9
out of 10

Grant High School

Public

Grades 9-12

2,156 Students

8
out of 10

Lincoln High School

Public

Grades 9-12

1,525 Students

8
out of 10

Sunset High School

Public

Grades 9-12

1,962 Students

7
out of 10

Cleveland High School

Public

Grades 9-12

1,547 Students

7
out of 10

Points of Interest

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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 February 2025.