Millhouse
1985-1988 NW Savier St,
Portland, OR 97209
$1,430 - $4,215 Total Monthly Price
Studio - 2 Beds
Portland State University
Portland, OR
Portland State University - Portland, OR Area Guide
Let knowledge serve the city
PSU
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Portland State
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Vikings
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Innovative
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Sustainable
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Vibrant
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Diverse
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Walkable
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Progressive
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Commuter
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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 March 2026, the average apartment rent in Portland, OR is $1,244 for a studio, $1,515 for one bedroom, $1,802 for two bedrooms, and $2,119 for three bedrooms. Apartment rent in Portland has decreased by -0.4% in the past year.
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Studio
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438 sq ft
Average Sq Ft
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$1,244/month
Average Rent
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1 BR
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643 sq ft
Average Sq Ft
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$1,515/month
Average Rent
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2 BR
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920 sq ft
Average Sq Ft
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$1,802/month
Average Rent
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3 BR
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1,193 sq ft
Average Sq Ft
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$2,119/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Portland State University - Portland, OR (University) is for everyday living.
Very Walkable
75
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
54
/ 100
The area around this property has good transit with many nearby transportation options.
Very Bikeable
85
/ 100
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Scores provided by Walk Score
Schools
Public
Grades K-5
Public
Grades K-5
Public
Grades K-5
Public
Grades K-5
Public
Grades K-5
Public
Grades 6-8
Public
Grades 6-8
Sunnyside Environmental School
Public
Grades K-8
Public
Grades K-8
Public
Grades K-8
Public
Grades 9-12
Public
Grades 9-12
Public
Grades 9-12
Ida B. Wells-Barnett High School
Public
Grades 9-12
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Oregon Maritime Center and Museum
- Lair Hill Park
- Director Park
- Friends of the Columbia River Gorge
- Governor's Park
Airports
- Portland International
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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 2026.