Pearl

Portland, OR

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Pearl - Portland, OR

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Pearl is an urban oasis with plenty of beer hotspots in town!

Industry Breweries Bustling River Transportation Oregon

Where warehouses and rail yards once thrived, now sits a bustling urban oasis with art galleries, businesses, and upscale high-rises. Formerly known as the Northwest Industrial Triangle, Pearl holds a multitude of modern conveniences minutes from Downtown Portland.

The neighborhood is northwest of Portland State University, right on the banks of the Willamette River. Powell’s City of Books is an iconic multi-level bookstore in Pearl, close to Blue Sky Gallery, bars, and boutiques.

Beer abounds in Pearl – locals enjoy friendly conversations at 10 Barrel Brewing and Deschutes Brewery Portland Public House. Many green spaces make up this community, including Fields Park and its off-leash dog run. Jamison Square is a well-landscaped square with a large fountain near cozy cafes.

Residents have direct access to Interstate 405 as well as Union Station, making travel around Portland a breeze!

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Rent Trends

As of December 2024, the average apartment rent in Pearl is $1,390 for a studio, $1,871 for one bedroom, $2,778 for two bedrooms, and $2,792 for three bedrooms. Apartment rent in Pearl has increased by 0.6% in the past year.

  • Studio

  • 499 sq ft

    Average Sq Ft

  • $1,390/month

    Average Rent

  • 1 BR

  • 725 sq ft

    Average Sq Ft

  • $1,871/month

    Average Rent

  • 2 BR

  • 1,100 sq ft

    Average Sq Ft

  • $2,778/month

    Average Rent

  • 3 BR

  • 1,096 sq ft

    Average Sq Ft

  • $2,792/month

    Average Rent

Transportation

99

Walker's Paradise

out of 100 WalkScore® Rating

Lace up your walking shoes because this area is considered a walker’s paradise.

87

Excellent Transit

out of 100 TransitScore® Rating

You’ll have excellent transit living in this area, with several nearby transit stops.

98

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.

Reviews of Pearl - Portland, OR

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3.3 3 Reviews

Current Resident

6 years and 9 months agoNiche Review

The Pearl District is the downtown place where lovers of art, farmers markets, food, music, and community go to support one another and have a good time. A common tourist spot with the park blocks.

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Living in Pearl

History

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In the early 2000s, Thomas Augustine, owner of a local art gallery, coined the term “Pearl District” after noticing that the industrial parts of the city had become dilapidated, while several “pearls,” which included high-class art galleries, lay hidden within the neighborhood. Since then, the area became more populated, and the industrial portions of the neighborhood have largely been removed to make way for new shops, restaurants and residential communities.

Every year, the Pearl District Neighborhood Association hosts a large fall block party with live music, raffles and prizes for residents in the area to raise money for their efforts to keep the Pearl District clean. The event offers the opportunity to get to know others in the neighborhood and keep abreast of the other community events going on throughout the year.

Restaurants

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The Pearl District has made its way as a throbbing center of nighttime life and a center for dinnertime delights. Among the local favorites is Masu, a sushi restaurant just off Washington and 13th. Its selection of off-the-boat, seasonal fish and both hot and cold appetizers will amaze your taste buds and leave you wishing you could eat there every day. Edamame comes free with every meal, and the miso soup, only $2, excites your palette to get you ready for rolls like the Death by Sushi, a creamy salmon and crab roll, or the Lotus, deep fried with tuna, crab and avocado. Go at lunchtime to avoid the dinner rush.

Within walking distance from the central restaurant location along Burnside lies Heart, an upscale coffee shop with a small menu and a big following. Though coffee at Heart can get expensive, locals love the fresh-brewed smells, the assortment of gluten-free and vegan-friendly baked goods and a selection of healthy sweeteners. Locals have said that the coffee itself, particularly the mocha or the very spicy spiced chai, makes up an experience in and of itself.

For breakfast, lunch, dinner or a midnight snack, The Roxy remains the popular choice for club goers once the night has ended. With a 10-plus page menu that cracks jokes at every entrée and a not-safe-for-work environment, Roxy represents Portand’s slogan, “Keep Portland Weird.” Don’t forget to try either the Democrat or the Republican — essentially the same sandwich — before you leave.

Transportation

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Though the I-5 and I-405 lie within a mile or two of anywhere in the Pearl District, the hectic morning and evening commutes dissuade many from using the freeways during those times. To beat the rush, locals take advantage of either the Portland Streetcar, which serves much of the Pearl District, or the 20 bus, which takes travelers on Burnside to Gresham on one side and Sunset on the other. Alternatively, the Max light rail system makes getting to other areas of Portland a breeze.

Though many parking garages and 2- to 3-hour parking meters exist in the area, parking often frustrates locals because of the lack of availability and the outrageous costs, which encourages more people to take one of the many methods of public transportation since a 2-hour ticket for either the bus or train only costs $2.50 as opposed to the $10-plus you might spend for a few hours of parking in a garage.

Portland, as one of the world’s most bike-friendly cities, offers full bike lanes on nearly every street totaling more than 5 miles, and you can trust that Portland’s drivers have grown accustomed to yielding to both bikers and pedestrians because so many of them line the streets of the Pearl District.

Though calling a cab remains an option and the cab companies work both night and day, Uber has become a more popular choice in Portland because of the decreased costs.

Parks

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The North Park Blocks, which have been a historic fixture in the Pearl District since the 1940s, have long been plagued by the homeless and panhandlers, but, since the recent gentrification of the neighborhood, those problems have largely gone away, making the parks safe and free for kids who want to climb on the big elephant statues or play on the playground.

The Fields Park, a large stretch of green grass perfect for sports and rough play, is often the location for musical and theatrical performances, though the park remains quiet during the day and open for free public use.

Cost

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Like most major cities, the cost of living in any neighborhood in Portland typically escalates beyond the national average. Living in the Pearl District costs about 25 percent more than the national average and about 5 percent more than the Portland average. Though the area first became attractive because of the low rent, the area has gentrified, making a one-bedroom apartment cost about $1,200 per month.

You can easily get a beer for $6 at any of the many pubs in the area, and the cost of groceries in the Pearl District remains similar to that in the rest of Portland. Gas prices are about the same in the Pearl District and the rest of downtown Portland, though the average price hovers at about 7 percent more than the national average.

Shopping

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Don't go to the Pearl District without visiting Powell’s, the famous bookstore that takes up an entire city block and then some. With both used and new books, Powell’s remains independent and provides locals with readings from well-known authors on a regular basis.

After that, you can stroll down 23rd Street, which houses many local boutiques. If you prefer to stay close to Powell’s, Buffalo Exchange is right across the street and offers used modern and vintage clothes for reasonable prices. Anthropologie and Madewell also lie within a block of the iconic bookstore if you want the chain-store atmosphere. Don’t forget to visit Mabel & Zora, a boutique that gives you that special date-night look that you can wear again and again for an affordable price.

For groceries, Whole Foods claims space near Powell’s, but the Saturday Market, which — despite the name — opens on both Saturdays and Sundays all through much of the spring, summer and fall, provides homemade spices, beers, wines, food, art and clothing, making it a central location for both tourists and locals.

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