University Park

Portland, OR

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University Park - Portland, OR Area Guide

Parks, coffee shops, and more make up University Park!

River Urban Scenic Park-Like Airport Oregon

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 April 2026, the average apartment rent in University Park is $1,075 for a studio, $1,227 for one bedroom, $1,301 for two bedrooms, and $1,777 for three bedrooms. Apartment rent in University Park has decreased by -0.2% in the past year.

  • Studio

  • 294 sq ft

    Average Sq Ft

  • $1,075/month

    Average Rent

  • 1 BR

  • 509 sq ft

    Average Sq Ft

  • $1,227/month

    Average Rent

  • 2 BR

  • 721 sq ft

    Average Sq Ft

  • $1,301/month

    Average Rent

  • 3 BR

  • 987 sq ft

    Average Sq Ft

  • $1,777/month

    Average Rent

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Moderately Drivable

Drivability

60 / 100

Very Bikeable

Bikeability

80 / 100

Daily Essentials

Supermarket Within a 15 Minute Walk

Groceries

70 / 100

Fair Restaurant Variety Nearby

Restaurants

50 / 100

Fair Café Variety Nearby

Cafes

50 / 100

Limited Variety of Shops Nearby

Shopping

30 / 100

Recreation

Very Large Amount of Park Space Nearby

Parks

80 / 100

Fair Wellness Amenity Variety Nearby

Wellness

40 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

30 / 100

Fair Nightlife Variety Nearby

Nightlife

40 / 100

Fairly Noisy

Quiet Score

60 / 100

Points of Interest

Top Apartments in University Park

Houses for Rent in University Park

Property Management Companies

Search Nearby Rentals

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.