Millhouse
1985-1988 NW Savier St,
Portland, OR 97209
$1,395 - $4,325
Studio - 2 Beds
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.
As of September 2025, the average apartment rent in Portland, OR is $1,253 for a studio, $1,530 for one bedroom, $1,819 for two bedrooms, and $2,148 for three bedrooms. Apartment rent in Portland has increased by 0.0% in the past year.
Studio
435 sq ft
Average Sq Ft
$1,253/month
Average Rent
1 BR
645 sq ft
Average Sq Ft
$1,530/month
Average Rent
2 BR
921 sq ft
Average Sq Ft
$1,819/month
Average Rent
3 BR
1,192 sq ft
Average Sq Ft
$2,148/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Public
Grades K-5
538 Students
Public
Grades K-5
353 Students
Public
Grades K-5
337 Students
Public
Grades K-5
320 Students
Public
Grades K-5
310 Students
Public
Grades 6-8
606 Students
Public
Grades 6-8
446 Students
Public
Grades K-8
764 Students
Public
Grades K-8
674 Students
Public
Grades K-8
604 Students
Public
Grades 9-12
2,156 Students
Public
Grades 9-12
1,962 Students
Public
Grades 9-12
185 Students
Public
Grades 9-12
2,442 Students
Ida B. Wells-Barnett High School
Public
Grades 9-12
1,556 Students
3,387
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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 September 2025.