Sanctuary
4940 S Landing Dr,
Portland, OR 97239
$1,221 - $2,775 Total Monthly Price
Studio - 2 Beds
South Portland blends the charming homes in the suburbs of Southwest Portland with the trendy storefronts and upscale apartments of Downtown Portland. This area contains the South Waterfront, a growing, multi-use neighborhood with high-rise apartments, an extension of the OHSU campus, and top-notch restaurants. Tourists are familiar with South Portland for being home to the city’s most alluring vista, the OHSU tram. The Ariel Tram starts at river’s edge by the South Waterfront, passes over the neighborhood and Interstate 5 up to the top of Marquam Hill. South Portland offers beautiful views of the Williamette River and easy access to Marquam Nature Park, Portland State University, and downtown.
As of April 2026, the average apartment rent in South Portland is $1,154 for a studio, $1,455 for one bedroom, $1,989 for two bedrooms, and $2,179 for three bedrooms. Apartment rent in South Portland has increased by 0.7% in the past year.
Studio
405 sq ft
Average Sq Ft
$1,154/month
Average Rent
1 BR
646 sq ft
Average Sq Ft
$1,455/month
Average Rent
2 BR
979 sq ft
Average Sq Ft
$1,989/month
Average Rent
3 BR
926 sq ft
Average Sq Ft
$2,179/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly South Portland - Portland, OR is for everyday living.
Very Walkable
Walkability
Good Public Transit
Transit
Very Drivable
Drivability
Fairly Bikeable
Bikeability
South Portland - Portland, OR offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
South Portland - Portland, OR provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in South Portland - Portland, OR from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Good Nightlife Variety Nearby
Nightlife
Fairly Noisy
Quiet Score
3,491
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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.