5515 N Syracuse St
5515 N Syracuse St,
Portland, OR 97203
$2,473 | 2 Beds
University Park
Portland, OR
University Park - Portland, OR
Area Guide
Parks, coffee shops, and more make up University Park!
River
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Urban
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Scenic
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Park-Like
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Airport
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Oregon
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The University Park neighborhood is on the east shore of the Willamette River. It got its name because of its proximity to the former campus of Portland University – now the private institution of the University of Portland.
Two recreational parks make up this community, and residents are comforted by the selection of coffee shops and restaurants along Lombard Street. Across the river is where you’ll find Forest Park, a 5,000+ acre scenic paradise with over thirty miles of trails. Downtown Portland attractions and the international airport are just minutes away from this urban community.
Rent Trends
As of July 2025, the average apartment rent in University Park is $1,214 for a studio, $1,240 for one bedroom, $1,301 for two bedrooms, and $1,769 for three bedrooms. Apartment rent in University Park has increased by 0.9% in the past year.
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Studio
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329 sq ft
Average Sq Ft
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$1,214/month
Average Rent
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1 BR
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503 sq ft
Average Sq Ft
-
$1,240/month
Average Rent
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2 BR
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677 sq ft
Average Sq Ft
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$1,301/month
Average Rent
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3 BR
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987 sq ft
Average Sq Ft
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$1,769/month
Average Rent
Transportation
79
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
43
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
95
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- Columbia Park and Annex
- Cathedral Park
- Madrona Park
- Pier Park
- Forest Park
Transit / Subway
Airports
- Portland International
Top Apartments in University Park
Houses for Rent in University Park
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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 June 2025.