The Dylan
3883 S Moody Ave,
Portland, OR 97239
$1,295 - $3,253
Studio - 2 Beds
Southwest Portland
Portland, OR
Southwest Portland - Portland, OR
Area Guide
A sprawling community just southwest of Downtown Portland
Urban
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Suburban
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Scenic
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Convenient
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Commuter
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Southwest Portland is a vast community that extends southwest from Downtown Portland to the northern stretches of Lake Oswego. The neighborhoods in the northern portion of Southwest Portland tend to have a more urban atmosphere with condensed, walkable layouts while the neighborhoods in the south tend to be more suburban in a tree-dense environment.
Among the many neighborhoods in Southwest Portland are Bridlemile, Hillsdale, and Multnomah. Southwest Portland’s central location makes the community a popular choice for those commuting to Downtown Portland and Beaverton.
Numerous scenic parks offer great opportunities for outdoor recreation close to home, including Tryon Creek State Natural Area, Marquam Nature Park, and Council Crest Park. The Oregon Zoo, Hoyt Arboretum, and Portland Japanese Garden are also located in the northern region of Southwest Portland.
Rent Trends
As of January 2026, the average apartment rent in Southwest Portland is $1,281 for a studio, $1,606 for one bedroom, $1,941 for two bedrooms, and $1,926 for three bedrooms. Apartment rent in Southwest Portland has decreased by -1.6% in the past year.
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Studio
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464 sq ft
Average Sq Ft
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$1,281/month
Average Rent
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1 BR
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687 sq ft
Average Sq Ft
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$1,606/month
Average Rent
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2 BR
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971 sq ft
Average Sq Ft
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$1,941/month
Average Rent
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3 BR
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1,123 sq ft
Average Sq Ft
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$1,926/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Stephens Creek Natural Area
- Gabriel Park
- George Himes Park
- Albert Kelly Park
- Pendleton Park
Transit / Subway
Airports
- Portland International
Top Apartments in Southwest Portland
Houses for Rent in Southwest Portland
Property Management Companies
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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 November 2025.