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Highlights
Pet Friendly
Location
1040 Sw Gaines St #1040, Portland, OR 97239, USA|Homestead
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Amenities for 1040 Sw Gaines St #1040, Homestead
Apartment Amenities
| Hardwood Floor |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Storage |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
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About 1040 Sw Gaines St #1040
Grace Apartments 1002 SW Gaines Street, Portland, OR 97239 503-227-0282 "Nestled in a peaceful wooded setting 1 block from OHSU, Grace Apartments offers Marquam Hill convenience at an affordable price. Built in the late 1040s, Grace features original hardwood floors in most units, custom kitchen and bathroom tiling, and more!". Details: Rent - $1050 per month Deposit - $500 or $1050 Utilities – RUBS Lease Types – 12-month lease. 6-month leases available for additional cost. Pet Policy – Dogs and Cats Welcome. No breed restrictions. Pets must be under 45 lbs, spayed or neutered and no puppies or kittens, sorry! Available Units – 1040 SW Gaines Street, Portland, OR 97239 Apartment Features: Full Kitchen Hardwood Floors Custom Tiled Kitchen and Bathrooms Spacious floor plan with no apartments above Community Features: On-site Storage available Easy Access to Bus, #8 &56 plus only a short walk to Portland Ariel Tram to access south waterfront Streetcar and Max lines Street Parking- Zone C- $75 per year Online Rent Payment Options Onsite Maintenance and Management Onsite Laundry Cable Ready Units Quick Access to Downtown Portland Easy Access to Highway 26 and I-5 Neighborhood: Parks: Marquam Nature Park is out your front door. Park included many hiking trails and are well maintained at all times of the year Schools: Property is located on OHSU Campus. Portland State University is less than a mile. Quick Access to Nation University of Natural Medicine Shopping: Fred Meyer on Barbur Blvd. Safeway in SW Portland Restaurants: Plaid Pantry Convenience Store only 2 blocks away. Thai Yummy also only two blocks away. OHSU Cafeteria on 3rd has an alternating daily menu and is always open Application Process: Thanks for your interest Grace Apartments. If you are interested in applying, please apply ONLINE (links provided). Applications for either building can also be dropped off at my main office: 1002 SW Gaines Street, Portland, OR 97239 At time of application: Proof of income is required (see Rental Criteria for details) and a $50 background check fee via check or money order to: Grace Apartments. All applications must be submitted in person or mailed in (1002 SW Gaines Street, Portland, OR 97239). The application/background check process takes up to 72 hours to complete. Apply online at: www graceapartmentscr com For more info or to view please call 503-227-0282 Professionally managed by Commercial and Residential Management Group (CRMG). Contact us to schedule a showing.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 Sw Gaines St #1040 compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Homestead |
|---|---|
| Zip code | 97239 |
| Type | Apartment for rent |
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Rent trends in Homestead
studio apartments at 1040 Sw Gaines St #1040 cost about 5% less than the average rent price for studio apartments in Portland.
Median rents as of Jan 31 2026.
Homestead
Portland
| Month | Median Rent |
|---|---|
| February 2024 | $1,195 |
| March 2024 | $1,197 |
| April 2024 | $1,198 |
| May 2024 | $1,213 |
| June 2024 | $1,231 |
| July 2024 | $1,228 |
| August 2024 | $1,223 |
| September 2024 | $1,233 |
| October 2024 | $1,219 |
| November 2024 | $1,202 |
| December 2024 | $1,199 |
| January 2025 | $1,193 |
| February 2025 | $1,193 |
| March 2025 | $1,180 |
| April 2025 | $1,178 |
| May 2025 | $1,178 |
| June 2025 | $1,175 |
| July 2025 | $1,174 |
| August 2025 | $1,196 |
| September 2025 | $1,185 |
| October 2025 | $1,150 |
| November 2025 | $1,173 |
| December 2025 | $1,163 |
| January 2026 | $1,147 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,095 |
| March 2024 | $1,095 |
| April 2024 | $1,128 |
| May 2024 | $1,115 |
| June 2024 | $1,115 |
| July 2024 | $1,115 |
| April 2025 | $1,095 |
| July 2025 | $1,095 |
| August 2025 | $1,132 |
| September 2025 | $1,227 |
| October 2025 | $1,232 |
| November 2025 | $1,219 |
| December 2025 | $1,180 |
| January 2026 | $1,130 |
Schools near 1040 Sw Gaines St #1040
Ainsworth Elementary School
2425 sw vista ave
portland, OR, 97201
K-5Public
A-
Winterhaven School
3830 se 14th ave
portland, OR, 97202
K-8Public
A-
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Internet available near 1040 Sw Gaines St #1040
Neighborhood
Homestead | Portland, OR
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Portland near 1040 Sw Gaines St #1040
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1040 Sw Gaines St #1040, Portland
Groceries
1/10
No grocery stores within walking distance
Shopping
5/10
Variety of shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
3/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
4/10
Few or no bars within walking distance
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