House for rent

Pet friendly

12 Hours Ago

111 North Monroe Street
111 North Monroe Street, Portland, Oregon 97227, United States

Monthly rent	$3,095
Beds	3
Baths	2
Sqft	1,900

Monthly rent	$3,095
Beds	3
Baths	2
Sqft	1,900

12 Hours Ago

Highlights

Pet Friendly

Location

111 North Monroe Street, Portland, Oregon 97227, United States|Eliot

Tour 111 North Monroe Street

Contact

Portland Property Management, Inc

(503) 550-8720

Amenities for 111 North Monroe Street, Eliot

Apartment Amenities

Attached Garage	Bonus Room
Dining Room	Patio

Appliances

Dishwasher	In-Unit Laundry
Refrigerator	Washer and Dryer

Building

Cats OK

Dogs OK

Grounds

Garage Parking

Services

Garbage

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

Dog Policy

Allowed

Limit1

Cat Policy

Allowed

Limit1

Questions about this property’s policies and fees?

About 111 North Monroe Street

Home

Houses in Portland

Eliot

111 North Monroe Street, Portland, Oregon 97227, United States

Charming 1903 Portland home with original turn of the century character! Nicely updated bathrooms and kitchen. This home has a covered front porch with an incredible entry featuring stained glass and gorgeous lighting. Two large rooms provide options for living / dining room, and open kitchen. Kitchen boasts dishwasher, gas range, and fantastic countertops. Ample cabinet space. Full bathroom with shower on main floor, giving great options for entertaining. Upstairs has the three larger bedrooms and has another completely remodeled bathroom off the hallway. Bathroom boasts gorgeous white and grey tiling with modern finishes, whereas bedrooms have the hardwood floors and old Portland charm. Basement has good amount of storage space, and a bonus room that would be great for an additional media space or office. Washer and dyer included. Please note the bonus room in the basement is not intended for use as a bedroom and cannot be slept in. LEASE DETAILS: - Lease Length: 12-months - Pets: Two pets maximum with a combined weight up to 90 pounds. $50 pet rent/per pet/per month Pets must be spayed or neutered. Pets must be at least 1 year or older. A pet agreement must be signed prior to pets living on site. - Utilities: Garbage included. Tenant pays Electric, Gas, Water/Sewer and Internet/Wifi. - Landscaping: Tenant responsibility - Parking: Attached garage gives extra space for storage or a compact vehicle. Prospective tenants must do their due diligence to ensure their vehicle(s) fits in the parking space(s) with no obstructions to other residents, parked vehicles, or the flow of traffic. Refer to parking agreement for complete terms. - No smoking on the premises. - Renters insurance required. - Must abide by HOA rules and regulations if applicable. HOW TO APPLY: - The Application Period Opens on Thursday, December 4, 2025 at 11:45 AM. - Apply at this link: myrentalapplication. com index portlandpm * - We process completed applications in the order they are received. All individuals in your application group who are 18 years of age or older must submit an application in order for the application to be considered completed *Please note the property address will only populate on this page 15 minutes before the application period opens. Do not submit the application early as time penalties will apply, per housing bureau ordinances. Application/Screening Fee: $49.95/adult Screening Criteria Overview: Total verifiable household gross income should be at approximately 2x the monthly rent. Must have a minimum of one year verifiable rental history. Minimum credit score of 500 required, additional items related to credit also apply. We run criminal history and eviction history. Please inquire with Portland Property Management for a full application with the complete screening criteria. Not all properties accept co-signers, please ask regarding this specific property. Accessible Dwelling Unit: No Please note that while this property is listed with a projected availability date, the actual move in date is dependent on the approval date of an application. Upon application approval, we will set a move in date within a reasonable amount of days to accommodate our company procedures and in accordance with local ordinances. Please note that showings of occupied units are not guaranteed and/or subject to cancellation and availability. If you are viewing this listing on a 3rd party listing site, please check the property page at: portlandpm. com va..

Property highlights

How 111 North Monroe Street compares to other nearby properties.

Positives

More space: The 3-bedroom is 250 sqft larger than other listings nearby
Dishwasher: Dishwasher available in kitchen
Images Available: There are at least 10 photos of this address

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 0.3 mile away

Address details

Neighborhood	Eliot
Zip code	97227
Type	House for rent

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Rent trends in Eliot

3-bedroom apartments at 111 North Monroe Street cost about 94% more than the average rent price for 3-bedroom apartments in Portland.

Median rents as of Nov 29 2025.

Eliot

Portland

A table of 3-bedroom apartment rental data trends in Portland
Month	Median Rent
December 2023	$2,498
January 2024	$2,465
February 2024	$2,495
March 2024	$2,488
April 2024	$2,495
May 2024	$2,511
June 2024	$2,523
July 2024	$2,595
August 2024	$2,598
September 2024	$2,631
October 2024	$2,557
November 2024	$2,499
December 2024	$2,496
January 2025	$2,498
February 2025	$2,497
March 2025	$2,526
April 2025	$2,495
May 2025	$2,495
June 2025	$2,523
July 2025	$2,519
August 2025	$2,563
September 2025	$2,515
October 2025	$2,595
November 2025	$2,536

A table of 3-bedroom apartment rental data trends in Eliot
Month	Median Rent
February 2024	$2,745
March 2024	$3,197
April 2024	$3,495
May 2024	$2,845
October 2024	$2,499
November 2024	$2,600
September 2025	$2,488
October 2025	$2,440
November 2025	$1,595

Affordability calculator

Can I afford to live at 111 North Monroe Street?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$123,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $123,800 annually to afford this 3-bedrooms monthly rent price of $3,095.

For more information on rent affordability, visit our rent calculator.

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