5+ Days Ago
Highlights
Pet Friendly
Location
3922 S Water Ave, Portland, OR 97239, USA|Corbet - Terwilliger - Lair Hill
Tour 3922 S Water Ave
Contact
LongStreet Property Management. Email: leasing@longstreetpm.com Call: 503-436-3300
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Property Overview
Well-priced rental with strong value for money, highlighted by extensive listing photos that give a detailed sense of the space and finishes. Large windows, included utilities, high-speed internet, and nearby coworking-friendly cafes support a comfortable work-from-home setup. Outdoor areas plus convenient access to a dog park, multiple pet hospitals, and pet supply stores make it appealing for renters with pets, and a well-regarded elementary school is located within easy walking distance.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Fireplace
- Images Available
Great for
Pet owners
Work-from-home
Amenities for 3922 S Water Ave, Corbet - Terwilliger - Lair Hill
Features
| Air Conditioning | Balcony |
| Deck | Fireplace |
| Hardwood Floor | Utilities Included |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| 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.
Questions about this property’s policies and fees?
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About 3922 S Water Ave
Just remodeled, fully updated, Portland duplex with contemporary finishes offers a bright, modern living space. Lower level has two bedrooms with a shared bath, a craft/media/storage room, large laundry space, and a large in-law suite with a large en suite bath and separate entrance. Main level has spacious living and dining rooms, a gas fireplace, a large kitchen with butcher block counters and all new cabinets and appliances, a built in pantry and half-bath. Upper level has a large key hall bonus space, a dedicated office/bonus room, a full bath, and a large master suite with skylights in its en suite bath and walk-in closet. The unit features abundant natural light, hardwood floors, built-in closet organizers, front and back covered porches plus a large deck, individual remote-controlled mini-split heat-A/C units on the main and upper floors, a two-car driveway and city permit residential off-street parking. The in-law suite provides flexible layout options. --- Beds/Baths: 4 Bedrooms, 3 Bathrooms Sqft: 2,400 Rent: $4,995 Security Deposit: $4,995 Date Posted: 4/01/2026 5:00 PM Application Period Opens: 4/04/2026 5:00 PM Lease Terms: 1 Year --- Utilities & Maintenance: • Utilities paid by tenant: Water/Sewer, Garbage, Electricity, Gas, Internet/TV • Utilities paid by owner: N/A • Landscaping maintained by: Landlord --- Pet Policy: • Pet Details: Cats & Small Dogs Allowed (2 Max) • Pets allowed with conditional approval after screening • Pet rent: $35–$75/month per pet • Pet deposit: $300 per pet (pending approval) • Create pet profiles at: https longstreet petscreening com • Pet profiles required from ALL applicants for consideration --- Smoking Policy: No Smoking --- Amenities Include: In-Law Suite, Balcony, Central A/C, Basement Storage, Bonus Room, Electric Fireplace, Quartz Countertops, Hardwood Floors, Laundry in Unit, Newly Remodeled, Walk-in Closet, Driveway, Off Street Parking, Natural Light Appliances Included: • Stove, Fridge, Dishwasher, Washer/Dryer, Garbage Disposal --- Fees & Important Info: • Application Fee: $58 per applicant & co-signer over 18 • Not applicable for non-financially responsible applicants in City of Portland • Late fee: $100 • Security deposit due within 24 hours of approval • Lease Termination Fee: Early termination of lease will be charged as a fee equal to 1.5 times the monthly rent OR Actual Damages, to be determined by the landlord. • Liability Insurance: $100K policy required (included in RBP or provided by tenant) • RBP Fee: $39.95/month (includes insurance) or $29.95/month (if tenant provides insurance) --- Additional Notes: • Must take possession within 2 weeks of approval or available date • Unit is NOT an Accessible Dwelling Unit • Group showings may be conducted • Square footage is approximate; info deemed reliable but not guaranteed • Property rented as shown; no upgrades unless in writing --- 3D Tour Link: https portfolio zinspector com tour 5vGodRxAm1k89XBQ5Op74K0Wb6Yg3pPn?footer=false&header=false — Schedule a Viewing or Apply Here: https longstreetpropertymanagement com rental-search ](https longstreetpropertymanagement com rental-search Questions? Email: **** Screening Criteria: https longstreetpropertymanagement com tenants screening-criteria Amenities: driveway, balcony, electric fireplace, hardwood floors, basement storage, off street parking, quartz countertops, central a/c, laundry in unit, walk-in closet, bonus room, newly remodeled, natural light, ..
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 3922 S Water Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | Corbet - Terwilliger - Lair Hill |
|---|---|
| Zip code | 97239 |
| Type | House for rent |
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Rent trends in Corbet - Terwilliger - Lair Hill
Median rents as of May 30 2026.
Corbet - Terwilliger - Lair Hill
Portland
| Month | Median Rent |
|---|---|
| June 2024 | $1,233 |
| 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 |
| February 2026 | $1,152 |
| March 2026 | $1,195 |
| April 2026 | $1,185 |
| May 2026 | $1,187 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,249 |
| July 2024 | $1,249 |
| August 2024 | $1,245 |
| September 2024 | $1,219 |
| October 2024 | $1,179 |
| November 2024 | $1,114 |
| December 2024 | $1,099 |
| January 2025 | $1,155 |
| February 2025 | $1,177 |
| March 2025 | $1,165 |
| April 2025 | $1,201 |
| May 2025 | $1,191 |
| June 2025 | $1,168 |
| July 2025 | $1,195 |
| August 2025 | $1,316 |
| September 2025 | $1,243 |
| October 2025 | $1,143 |
| November 2025 | $1,220 |
| December 2025 | $1,287 |
| January 2026 | $1,262 |
| February 2026 | $1,276 |
| March 2026 | $1,289 |
| April 2026 | $1,266 |
| May 2026 | $1,196 |
Affordability calculator
Can I afford to live at 3922 S Water Ave?
Bedrooms
4+ bedroomsRent-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
$199,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $199,800 annually to afford this 4-bedrooms monthly rent price of $4,995.
For more information on rent affordability, visit our rent calculator.
Schools near 3922 S Water Ave
Winterhaven School
3830 se 14th ave
portland, OR, 97202
K-8Public
A-
Capitol Hill Elementary School
8401 sw 17th ave
portland, OR, 97219
K-5Public
B+
Rose City Park
2334 ne 57th ave
portland, OR, 97212
K-5Public
B+
Tigard-Tualatin Virtual Academy
6960 sw sandburg st
tigard, OR, 97223
K-12Public
Palisades World Language School
1500 greentree rd
lake oswego, OR, 97034
K-5Public
A+
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Internet available near 3922 S Water Ave
Getting around Portland near 3922 S Water Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
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
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 3922 S Water Ave, Portland
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
7/10
Several bars within a few minutes’ walk
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