Willamette Tower
3820 S River Pky,
Portland, OR 97267
$1,800 - $9,214 | 1-3 Beds
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.
As of March 2025, the average apartment rent in Southwest Portland is $1,277 for a studio, $1,609 for one bedroom, $1,944 for two bedrooms, and $1,959 for three bedrooms. Apartment rent in Southwest Portland has decreased by -1.3% in the past year.
Studio
460 sq ft
Average Sq Ft
$1,277/month
Average Rent
1 BR
683 sq ft
Average Sq Ft
$1,609/month
Average Rent
2 BR
973 sq ft
Average Sq Ft
$1,944/month
Average Rent
3 BR
1,126 sq ft
Average Sq Ft
$1,959/month
Average Rent
3,214
Communities
892,192
Units
827
Cities
694
Communities
187,862
Units
313
Cities
645
Communities
126,670
Units
256
Cities
618
Communities
163,110
Units
234
Cities
609
Communities
104,969
Units
214
Cities
540
Communities
125,379
Units
273
Cities
† 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 2025.