Apartment Price Drops This Week in Downtown Portland - Portland, OR

Written by Sunny | Edited by Ian Medlock
2 minute read

Biggest Rent Drops in Downtown Portland, Portland

Data updated: October 15, 2025 at 10:31 AM PDT

Looking for an apartment deal in Downtown Portland? We’ve surfaced the biggest rent drops and current trends in this part of Portland.


Which listings in Downtown Portland have had the biggest price drops in the past week?

Unit 0610 at Cyan PDX, a cozy studio with 1 bath, recently dropped by $182 to $1397. Meanwhile, Unit 1106 at Essex House, featuring 1 bedroom and 1 bath, saw a $99 reduction, bringing the price down to $1760. These deals are worth checking out for anyone looking to snag a great apartment in Portland at a more affordable rate.

Property Name Unit Description New Price (Drop) Drop Date
Cyan PDX Studio, 1 bath $1397 (-$182) 10/10
Essex House 1 bed, 1 bath $1760 (-$99) 10/14
Portland Astoria Studio, 1 bath $1568 (-$97) 10/9
The Matisse 2 beds, 2 baths $2155 (-$80) 10/14
Sky3 Apartments 1 bed, 1 bath $1505 (-$43) 10/11

What’s the rent trend in Downtown Portland?

Rent trend data is not available for this neighborhood at the moment.


Top 5 Price Drops This Week

Cyan PDX

Cyan PDX – 0610
Studio, 1 bath, 562 sq ft
Was: $1579 → Now: $1397
Price Drop: $182

Price Changed on: 10/10


Essex House

Essex House – 1106
1 bed, 1 bath, 670 sq ft
Was: $1859 → Now: $1760
Price Drop: $99

Price Changed on: 10/14


Portland Astoria

Portland Astoria – 1410
Studio, 1 bath, 526 sq ft
Was: $1665 → Now: $1568
Price Drop: $97

Price Changed on: 10/9


The Matisse

The Matisse – N502
2 beds, 2 baths, 1189 sq ft
Was: $2235 → Now: $2155
Price Drop: $80

Price Changed on: 10/14


Sky3 Apartments

Sky3 Apartments – 0415
1 bed, 1 bath, 739 sq ft
Was: $1548 → Now: $1505
Price Drop: $43

Price Changed on: 10/11


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Note: Pricing, availability, and specials are subject to change. Please check the individual listings for the most up-to-date information.

Meet our contributors
Ian Medlock
Ian Medlock
General Manager
Ian Medlock leads growth at Sunny, where he helps renters discover the best places to live through smart, data-driven tools. With a background in marketing, product, and analytics, he's passionate about building experiences people love. Ian lives in the bay area with his family.