Condo for rent

5+ Days Ago

1500 Sw Park Ave
1500 Sw Park Ave, Portland, OR 97201, USA

Monthly rent	$2,300
Beds	2
Baths	2
Sqft	879

Monthly rent	$2,300
Beds	2
Baths	2
Sqft	879

5+ Days Ago

Highlights

Private balcony
Hardwood floors
Walk-in closet
Granite counter tops
Stainless steel appliances
Fitness room

Location

1500 Sw Park Ave, Portland, OR 97201, USA|Downtown Portland

Tour 1500 Sw Park Ave

Contact

University Park 2 Bd/2 Bth w/parking

illume Property Management

(971) 717-3548 ext. 2

Property Overview

Located in a prime area, the property offers a private balcony, hardwood floors, and granite countertops, enhancing the living experience. Ideal for urban dwellers, it includes stainless steel appliances and a fitness room for added convenience. Noteworthy features such as a walk-in closet provide ample storage while complementing the modern design.

Things you’ll love

Covered parking
Images available

Great for

Wellness
Social life
Work-from-home

Amenities for 1500 Sw Park Ave, Downtown Portland

Apartment Amenities

Air Conditioning

Utilities Included

Appliances

Dishwasher	Garbage Disposal
Refrigerator

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 1500 Sw Park Ave

Home

Apartments in Portland

Downtown Portland

1500 Sw Park Ave, Portland, OR 97201, USA

PROPERTY ADDRESS: 1500 SW Park Ave, Unit 221, Portland, OR 97201 COUNTY: Multnomah APPROX. SQ. FT.: 879 BEDROOMS: 2 BATHROOMS: 2 LEASE TERMS: 12 Months+ SCREENING CHARGE: $55 per adult applicant Separate check is required for screening charges. DESCRIPTION: Welcome to 1500 SW Park Ave Unit 221, a beautifully renovated condo located in the sought-after University Park Condo Community in the heart of Portland’s Cultural District. Nestled among the historic South Park Blocks, this sophisticated corner unit offers hardwood floors, stainless steel appliances, granite countertops, a walk-in closet, in-unit washer and dryer, air conditioning, and a private balcony overlooking Broadway and the city lights. Residents enjoy premium community amenities including a fitness room, community hot tub, common room, and a dedicated parking space in the garage. Enjoy being just steps from Portland State University, the vibrant Portland Farmers Market at PSU, and the convenient Portland Streetcar. The home is also surrounded by arts, dining, and green space along the South Park Blocks. Outdoor lovers and culture seekers alike will appreciate being close to destinations such as Portland Art Museum, Oregon Historical Society Museum, and the scenic Tom McCall Waterfront Park. Don’t miss the opportunity to live in one of downtown Portland’s most vibrant and walkable neighborhoods, where culture, convenience, and city living come together. APPLIANCES INCLUDED: -Stove -Refrigerator -Dishwasher -Garbage Disposal -A/C SCHOOLS: Elementary School: Chapman Elementary Middle School: West Sylvan Middle High School: Lincoln High HEAT: Electric UTILITIES INCLUDED IN RENT: Water, Sewer and Garbage UTILITIES NOT INCLUDED IN RENT: Electric, Internet, Cable and Phone PET POLICY: No Pets VEHICLE RESTRICTIONS: One Dedicated Parking Space in Secure Parking Garage SPECIAL TERMS: No Smoking. HOA Move In Fee of $300 and Move Out Fee of $300 due to the HOA prior to move in. Renter's Insurance is Required at the time of Move-In with a minimum $100,000 in Liability Protection. First and Last months rent is required at move in. INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. *This unit is not an accessible unit. Illume will begin accepting applications 09/12/2022. In compliance with FAIR Ordinance please click this link for further information , screening criteria and applicants rights and responsibilities https www illumepm com prospective-residents OBLIGO OPTION: Avoid Paying a Cash Deposit – Qualify for FolioGuard by Obligo’s Deposit-Free Move-In! Interested in keeping more money in your pocket at move-in? We’re pleased to offer you the option to qualify for a deposit-free move-in with Obligo. This simple and fast process could save you the hassle and upfront cost of a traditional cash deposit. For more information and to see if you qualify, copy & paste this link into your browser: https go myobligo com illume-application RENTAL QUALIFICATIONS: To find the full rental criteria for properties in the City of Portland: https www illumepm com pdf City%20of%20PDX%20Standard%20Criteria%20(1) pdf To find the full rental criteria for properties outside of the City of Portland in Oregon: https www illumepm com pdf Rental%20Application%20(not%20for%20City%20of%20Portland)-2 pdf

Property highlights

How 1500 Southwest Park Avenue, Portland, OR 97201, USA compares to other nearby properties.

Positives

Covered parking: Garage, covered, or indoor parking is available at this address
Images available: There are at least 10 photos of this address

Considerations

Greater distance from high schools: The nearest high school is farther than 1 mile away

Address details

Neighborhood	Downtown Portland
Zip code	97201
Type	Condo for rent

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Rent trends in Downtown Portland

2-bedroom apartments at 1500 Sw Park Ave cost about 13% more than the average rent price for 2-bedroom apartments in Portland.

Median rents as of Mar 7 2026.

Downtown Portland

Portland

A table of 2-bedroom apartment rental data trends in Portland
Month	Median Rent
March 2024	$1,795
April 2024	$1,795
May 2024	$1,785
June 2024	$1,817
July 2024	$1,886
August 2024	$1,871
September 2024	$1,861
October 2024	$1,812
November 2024	$1,801
December 2024	$1,795
January 2025	$1,731
February 2025	$1,761
March 2025	$1,777
April 2025	$1,755
May 2025	$1,746
June 2025	$1,743
July 2025	$1,735
August 2025	$1,780
September 2025	$1,757
October 2025	$1,749
November 2025	$1,696
December 2025	$1,695
January 2026	$1,695
February 2026	$1,691
March 2026	$1,685

A table of 2-bedroom apartment rental data trends in Downtown Portland
Month	Median Rent
March 2024	$2,239
April 2024	$2,213
May 2024	$2,209
June 2024	$2,226
July 2024	$2,276
August 2024	$1,922
September 2024	$1,980
October 2024	$2,031
November 2024	$1,971
December 2024	$2,112
January 2025	$2,023
February 2025	$2,131
March 2025	$2,203
April 2025	$1,974
May 2025	$1,885
June 2025	$1,904
July 2025	$1,886
August 2025	$2,020
September 2025	$2,008
October 2025	$1,858
November 2025	$2,052
December 2025	$2,200
January 2026	$2,110
February 2026	$2,123
March 2026	$2,037

Affordability calculator

Can I afford to live at 1500 Sw Park Ave?

Bedrooms

2 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

$92,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 2-bedrooms monthly rent price of $2,300.

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

Check availability

Rent history

Check out the past listing prices for monthly rent at 1500 Sw Park Ave, Portland, OR.
			Bath
4 months ago	$1,350	1 bed	1 bath
7 months ago	$1,850	2 bed	1 bath
1 year ago	$1,495	1 bed	1 bath
1 year ago	$1,450	1 bed	1 bath
2 years ago	$1,895	2 bed	2 bath
2 years ago	$1,895	2 bed	2 bath
2 years ago	$1,345	1 bed	1 bath
3 years ago	$1,545	1 bed	1 bath
3 years ago	$1,395	1 bed	1 bath
3 years ago	$1,975	2 bed	2 bath

Schools near 1500 Sw Park Ave

Internet available near 1500 Sw Park Ave

Neighborhood

Downtown Portland | Portland, OR

NEIGHBORHOOD VIBE

Lively and energetic

You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Portland near 1500 Sw Park Ave

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

7/10

This area is close to freeways and has adequate parking options.

Cycling

7/10

Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1500 Sw Park Ave, Portland

Groceries

10/10

At least one supermarket within a 5-minute walk

Shopping

9/10

Wide variety of shops within a few minutes' walk

Cafes

9/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

10/10

At least one high school within a 5-minute walk

Parks

9/10

Very large amount of park space within a few minutes' walk

Nightlife

9/10

Exceptional variety of bars right within a few minutes’ walk

Other units at this address

1500 Southwest Park Avenue, Portland, OR

1500 Southwest Park Avenue Portland, OR

Occupied

221

2 Beds

2 Baths

879 sqft

$1,975

In-Unit Laundry • Air Conditioning • Walk-In Closets • Dishwasher • Assigned Parking • Balcony

Listed by Leasing Office

Days on market: 1277

University Park 2 Bd/2 Bth w/parking- water/sewer/trash included! - PROPERTY ADDRESS: 1500 SW Park Ave, Unit 221, Portland, OR 97201 COUNTY: Multnomah APPROX. SQ. FT.: 879 BEDROOMS: 2 BATHROOMS: 2 LEASE TERMS: 12 Months+ SCREENING CHARGE: $55 per adult applicant Separate check is required for screening charges. DESCRIPTION: *The lovely and recently renovated University Park Condo Community, in Portland's Cultural District, is conveniently located near PSU, the streetcar, as well as a farmers market. *CITY Sophisticated living in Downtown Portland's historic south park blocks. *Nestled in the tree line, this corner unit comes with a private balcony overlooking the city lights down Broadway. * Common Room * Hardwood Floors * Community Hot Tub * Fitness Room * Dedicated Parking Spot * Stainless Steel Appliances * Granite Counter Tops * Washer/Dryer Included * Balcony * Tub/shower * A/C * Walk-in Closet *1 parking assigned in the garage DIRECTIONS: SW Park and SW Market SCHOOLS: Chapman Elementary West Sylvan Middle Lincoln High HEAT: Electric APPLIANCES: Stove, Refrigerator, Dishwasher, Garbage Disposal, A/C AMENITIES: Dedicated Parking, Balcony, City View UTILITIES INCLUDED IN RENT: Water, Sewer and Garbage UTILITIES NOT INCLUDED IN RENT: Electric, Internet, Cable and Phone PET POLICY: No Pets VEHICLE RESTRICTIONS: One Dedicated Parking Space in Secure Parking Garage SPECIAL TERMS: No Smoking. HOA Move In/ Move Out Fee of $300 due to the HOA prior to move in. Renter's Insurance is Required at the time of Move-In with a minimum $100,000 in Liability Protection. First and Last months rent is required at move in. INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. *This unit is not an accessible unit. Illume will begin accepting applications 09/12/2022. In compliance with FAIR Ordinance please click this link for further information , screening criteria and applicants rights and responsibilities https www illumepm com prospective-residents No Pets Allowed

Occupied

314

1 Bed

1 Bath

597 sqft

$950

In-Unit Laundry • Air Conditioning • Assigned Parking • Dishwasher • Deck • Furnished

Occupied

213

1 Bed

1 Bath

600 sqft

$1,345

In-Unit Laundry • Air Conditioning • Carpet • Balcony • Hardwood Floor

Occupied

210

1 Bed

1 Bath

597 sqft

$1,345

Air Conditioning • Assigned Parking • Dishwasher • On-Site Laundry • Carpet • Hardwood Floor

Occupied

106

1 Bed

1 Bath

597 sqft

$1,350

In-Unit Laundry

Occupied

114

1 Bed

1 Bath

597 sqft

$1,350

In-Unit Laundry • Air Conditioning • Dishwasher • Carpet • Oven • Microwave

Listed by Charming 1

Days on market: 155

(Property Manage by POD03) Discover urban living at its finest in this beautifully situated one-bedroom apartment in a gated community, right in the vibrant heart of downtown Portland’s Park Blocks. This pet-friendly unit offers the perfect blend of comfort and convenience, featuring a private patio that overlooks a serene courtyard fountain – an ideal spot to unwind. Enjoy exclusive access to top-tier amenities including a fully equipped gym, secured parking, and a rooftop entertaining area with stunning views of the city. Whether you're hosting friends or enjoying some quiet time, the rooftop is the perfect escape. Located just minutes from iconic Portland destinations such as Keller Auditorium, Viking Pavilion, and the Arlene Schnitzer Concert Hall, you’ll never be far from the action. With Portland State University right on your doorstep, and easy access to public transportation with the streetcar and MAX lines just steps away, getting around has never been easier. More Details Please Review: • ONLY virtual tours, click here to view the property: https portfolio zinspector com walkableTour ZOVzm0eQ94x2PX0YBybrbEADYR8aydWw?footer=false&header=false • Please carefully and completely review the screening criteria on our website: Holland Screening Criteria https docs google com document d 1ceTS4mALODbT0OwD1h5MXy8wKB0G0Cmrz6WhqgfYfAU edit?tab=t 0 • Application Fee: $68 per person 18 years and older • Open Application Period is 72 hours from posting: 09/04/2025 at 5:40 pm • Gross Minimum Income Requirement: 2.5 times the monthly rent • Minimum Credit Score: 640 • Lease Terms: 12-month lease • No Smoking on the premises • Renter's insurance with a $100,000 liability coverage is required for each tenant, and proof must be provided before moving in. • Security Deposit: 1 Month's Rent $1495.00 (qualifying applicants may apply to our deposit-free Obligo program! Please request details if you are interested) • Utilities: [Sewer and Trash by HOA, all others are the tenant's responsibility] • Landscaping: [HOA Responsibility] • Pet Policy: [Pets are allowed] // Upon submitting an application and to be considered complete, you are required to submit and have an active pet screening profile at hollandprop petscreening com There will be 3 options to choose from: No pets, Household Pets, and Service/Companion Animals. ** Home Features ** • This is not an accessible dwelling unit • Heating: [Forced Air] • Air Conditioning: [Yes] • Parking: [1 Assigned spot] No commercial vehicles permitted • Washer/Dryer: [Included] **All Holland Properties residents have the opportunity to enroll in the Resident Benefits Package (RBP) for $26/month which includes credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, move-in concierge service making utility connection home service setup a breeze during move-in, our best-in-class resident rewards program, and much more! "For an additional $11.95/month, you can upgrade to the enhanced RBP package, which includes liability insurance. To fully maximize the benefits, consider the premium package for an additional $16.95/month, which also includes on-demand pest control. More details will be provided upon application" **Please Note: Applications are not considered complete until all adults apply with all required documents and information. The information on these pages has been compiled from various sources. Every effort has been made to provide..

Occupied

425

2 Beds

1 Bath

827 sqft

$1,695

In-Unit Laundry • Air Conditioning • Assigned Parking • On-Site Laundry • Balcony • Hardwood Floor

Listed by Leasing Office

Days on market: 1711

Fantastic Downtown Portland Apartment W/ Amenities! - Great 2 bed 1 bath apartment on the 4th floor in downtown Portland off Park Ave! The entryway opens into the kitchen with all stainless steel appliances and a breakfast bar. Hardwood flooring and newer paint throughout! Off the living room features a balcony deck overlooking Park Ave. 2 nice bedrooms and a full bathroom with shower/tub combo down the hall. In-unit laundry room with stacked washer/dryer and storage space. 1 compact reserved parking space in a secured garage and bike storage off the lobby. Fantastic rooftop sitting area with a view and rentable community room. Great gym with a small hot tub also included. More Details Please Review: *Direct Website Link: www hollandprop com vacancies Lease Terms: * PLEASE carefully review the screening criteria completely at hollandprop.com; click on 'Search Homes For Rent. * The application period opens on May 23rd, 2021 at 12:10 p.m. If an application is received prior to the opening period, it will be delayed by 8 hours from the opening period. All applications will be reviewed and screened in the order they are received. * Utilities: Water/Sewer & Garbage are Included - All others are tenant responsibility * Application Fee: $55 per person 18 years and older * Tenants to pay a move-in fee of $400 * Special Terms: Tenant agrees to abide by HOA & CCRs * Gross Minimum Income Requirement: 2 times the monthly rent; roommates need to meet this requirement and qualify individually * Security Deposit: $1,725 (Qualifying applicants may opt into the Obligo program as an alternative to a traditional security deposit!) * Minimum Credit Score: 600 * Renter's Insurance Required for each Tenant. Proof required prior to move-in. * No Smoking on the premises * Lease start date: Must start within 2 weeks of submission application or when the property is ready * Pet Policy: 1 small pet under 25 lbs. with pre-approval // Upon submitting an application, you are required to complete and have an active pet screening profile for your application to be considered complete: Whether you have pets/animals or not, please fill out a pet profile at hollandprop petscreening com There will be 3 options to choose from: No pets, Household Pets, and Service/Companion Animals. *If you have a pet other than a Dog or a Cat please don't forget to mention it in your application. This will help avoid delays in the processing of your application. Property Features: * This unit is not an Accessible Dwelling Unit. * Heat/Cooling: Forced Air with A/C! * Home square footage: 827 sqft. * Year Built: 1988 * Vehicle Restrictions: 1 reserved parking space in building garage *Washer/Dryer: Included Location: * Multnomah County * Schools: Verify Schools as Boundaries are Subject to Change: Chapman Elementary, West Sylvan Middle, and Lincoln High School. * Showings: Schedule an in-person or live video tour here: Estimated to begin mid June. *Please Note: Applications are not considered complete until all adults apply with all required documents and information. The information on these pages has been compiled from various sources. Every effort has been made to provide accurate information. We shall not be held liable for mistakes pertaining to the accuracy of this information. This property is presented and managed by Holland Properties, Inc. Please reach out if you have any question: 503-533-2121 ex 82 (open during regular business hours)

Occupied

307

2 Beds

1 Bath

– sqft

$1,795

Balcony • In-Unit Laundry • Assigned Parking • Dishwasher

Occupied

222

2 Beds

1 Bath

850 sqft

$1,795

Balcony • In-Unit Laundry • Air Conditioning

Listed by Leasing Office

Days on market: 1665

Stylish Two Bedroom Condo, Fitness Center, Spa, & Garage Parking Spot - FOR INFORMATION OR TO SCHEDULE A SHOWING PLEASE CONTACT OUR LEASING TEAM AT 503-635-0099 OR EMAIL **** Our Website: http ppirentals com Portland - https ppirentals com wp-content uploads 2021 06 portland-rental-criteria pdf Application Form: https myrentalapplication com index performanceprop View 3D Tour Here: https my matterport com show ?m=82YhTyAqgmk Our open application period for this property begins at 12:00 pm on 8/19/2021. After this time, you can submit an application and we will begin processing it in the order it was received. Applicant must be willing to take financial possession of the property within two weeks of application submission or if occupied, two weeks after property is move in ready. This property is a Non Accessible Dwelling Unit. Available Now! Prime Location, Cultural District, Near PSU! Enjoy living the Urban lifestyle with close proximity to PSU, Portland Art Musuem, Portland's Best Dining, Shopping, Entertainment and more! Garage Parking, Fitness Center and Spa!!! University Park Condo. Living room with balcony access. Dining room. Open kitchen, updated stainless appliances, breakfast bar. Master bedroom with walk-in closet. Second bedroom. Full bath. Utility room with shelving. Spa, rec room, rooftop deck, gated courtyard. Close to PSU, Keller, Waterfront, Max, Food Carts, and more! This beautiful Condo offers 2 bedroom, 1 bath, with approximately 850 square feet of living space, with all of the amenities you are seeking including, Stainless Steel appliances, a stackable washer and dryer, central air conditioning, and private balcony off of your living area. The secure courtyard offers a beautiful setting with a decorative fountain, plus a fitness center and common area for your enjoyment. Bike storage makes getting around your urban oasis a breeze. Complete with garage, parking, fitness center and spa. You will enjoy calling this home! Utility co-payment of $50.00 per month for water/ sewer/ garbage. Subject to University Park COA move-in and move-out fees, made payable directly to the COA. $50 monthly pet rent for 1 small pet. PPI~Portland's Professional Property Management Experts! Information Deemed reliable but not guaranteed. Cross Streets are Broadway, Market, Park and Clay. Entrance on Park Ave. The property is a red brick building. EL 8/15/2021