Updated 2 Days Ago
Highlights
Pet Friendly
Location
3926 S Water Ave, Portland, OR 97239, USA|Corbet - Terwilliger - Lair Hill
Tour 3926 S Water Ave
Contact
LongStreet Property Management. Email: leasing@longstreetpm.com Call: 503-436-3300
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Property Overview
Near a top-rated elementary school and supported by a strong value-for-money ranking, 3926 S Water Ave also offers 22 photos that provide a helpful first look. It stands out for pet-friendly convenience, outdoor spaces, utilities included, high-speed internet, nearby coworking spots, and large windows with natural light.
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- Less expensive
- Fireplace
Great for
Work-from-home
Pet owners
Amenities for 3926 S Water Ave, Corbet - Terwilliger - Lair Hill
Features
| Air Conditioning | Balcony |
| 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?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 3926 S Water Ave
Home
Apartments in PortlandCorbet - Terwilliger - Lair Hill 3926 S Water Ave, Portland, OR 97239, USA
Apartments in PortlandCorbet - Terwilliger - Lair Hill 3926 S Water Ave, Portland, OR 97239, USA
Sweet deal!
This listing is 14% below the median price for 3 bedroom apartments in Corbet - Terwilliger - Lair Hill.
Newly remodeled three-bedroom, 3.5 bath duplex in Portland, OR offers a bright, contemporary living experience. The unit features hardwood floors and abundant natural light throughout. Lower level has one bedroom with adjacent hall bath and a master suite with its own en suite bath and separate entrance. Main level has spacious living/dining area, a large kitchen with Dekton counters and all new cabinets and appliances, laundry closet and half-bath. Upper level has a second large master suite with skylights in its bath and enormous walk-in closet. The unit features abundant natural light, hardwood floors, built-in closet organizers, a private deck off the kitchen, individual remote-controlled mini-split heat-A/C units on the main and upper floors, and city permit residential off-street parking. Please note that in-unit storage and driveway access is not included with this rental unit. --- Beds/Baths: 3 Bedrooms, 3 Bathrooms Sqft: 1,600 Rent: $2,995.00 Security Deposit: $2,995.00 Date Posted: 4/01/2026 5:00 PM Application Period Opens: 4/04/2026 5:00PM 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: • Balcony, Central AC, Office/Bonus Room, Quartz Countertops, Hardwood Floors, Laundry in Unit, Natural Light, Newly Remodeled, Driveway, Electric Fireplace, Off Street Parking 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 Charge: $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 — 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, central ac, electric fireplace, hardwood floors, quartz countertops, laundry in unit, 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 3926 S Water Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- 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 | Condo for rent |
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Rent trends in Corbet - Terwilliger - Lair Hill
3-bedroom apartments at 3926 S Water Ave cost about 14% less than the average rent price for 3-bedroom apartments in Portland.
Median rents as of Jul 11 2026.
Corbet - Terwilliger - Lair Hill
Portland
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $2,495 |
| January 2026 | $2,495 |
| February 2026 | $2,495 |
| March 2026 | $2,495 |
| April 2026 | $2,511 |
| May 2026 | $2,497 |
| June 2026 | $2,496 |
| July 2026 | $2,495 |
| Month | Median Rent |
|---|---|
| July 2024 | $2,742 |
| August 2024 | $2,865 |
| September 2024 | $3,195 |
| October 2024 | $3,500 |
| November 2024 | $3,039 |
| December 2024 | $2,943 |
| January 2025 | $2,900 |
| February 2025 | $2,650 |
| March 2025 | $3,250 |
| August 2025 | $2,795 |
| September 2025 | $2,980 |
| October 2025 | $2,545 |
| November 2025 | $2,559 |
| December 2025 | $2,545 |
| January 2026 | $2,966 |
| February 2026 | $3,035 |
| March 2026 | $3,247 |
| April 2026 | $3,309 |
| May 2026 | $3,325 |
| June 2026 | $3,449 |
Affordability calculator
Can I afford to live at 3926 S Water Ave?
Bedrooms
3 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
$119,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $119,800 annually to afford this 3-bedrooms monthly rent price of $2,995.
For more information on rent affordability, visit our rent calculator.
Schools near 3926 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 3926 S Water Ave
Getting around Portland near 3926 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 3926 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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