Condo for rent

Pet friendly

5+ Days Ago

408 Nw 12th Ave #215
408 Nw 12th Ave #215, Portland, OR 97209, USA

Monthly rent	$2,200
Beds	Studio
Baths	1
Sqft	805

Monthly rent	$2,200
Beds	Studio
Baths	1
Sqft	805

5+ Days Ago

Highlights

Pet Friendly

Air conditioning
Stainless appliances
Window coverings
Washer/dryer
Exposed concrete ceilings
Updated kitchen

Location

408 Nw 12th Ave #215, Portland, OR 97209, USA|Pearl

Tour 408 Nw 12th Ave #215

Contact

Pearl Property Management

(503) 224-2255

Property Overview

Air conditioning and stainless appliances enhance comfort and convenience, complemented by modern features like window coverings and exposed concrete ceilings. The updated kitchen and included washer/dryer add to the overall appeal, making it a great option for those seeking a stylish urban living experience. Additionally, proximity to local amenities and vibrant neighborhood highlights its attractive location.

Things you’ll love

Elementary school nearby
High school nearby
More space

Great for

Wellness
Social life
Pet owners

Amenities for 408 Nw 12th Ave #215, Pearl

Appliances

Dishwasher	In-Unit Laundry
Microwave	Oven
Refrigerator	Washer and Dryer

Community

Cats OK

Dogs OK

Grounds

Assigned Parking

Storage

Other

Water, Sewer, & 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

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Allowed

Limit1

Cat Policy

Allowed

Limit1

Questions about this property’s policies and fees?

About 408 Nw 12th Ave #215

Home

Apartments in Portland

Pearl

408 Nw 12th Ave #215, Portland, OR 97209, USA

* 805 square foot west facing open floor plan loft style condo * Industrial oak hardwood floors * Exposed concrete ceilings * Large warehouse style windows * Open kitchen/dining/living area * Updated kitchen w/stainless appliances * Bed alcove * Large updated bath with tub/shower * Washer/Dryer * Air conditioning * Window coverings * Covered balcony * 1 reserved parking space * 1 storage unit Walk Score 99 Transit Score 89 Bike Score 98 No Smoking 1 pet ok with additional security deposit Some breed & weight restrictions may apply This is not an ADU We will begin accepting & screening applications on 2/19/26 10:50am Applications received after this time will be considered received 2/19/26 6:50pm per Portland ordinance See screening criteria here: http managethepearl com resident-services Applications should be submitted at this link only Available Now - 12 month lease $2,200 month inc: water/sewer/garbage/parking/storage $800 security deposit + $50 application fee + $800 building move/orientation fee Proof of renters insurance required before move in Full month rent due at move in, if lease start date isn't the 1st, 2nd month rent is prorated.

Property highlights

How 408 Nw 12th Ave, Portland, OR 97209, USA compares to other nearby properties.

Positives

Elementary school nearby: There is an elementary school 0.2 mile away
High school nearby: There is a high school 1 mile away
More space: Studio is 318 sqft larger than other listings nearby
Extra Storage: Upgraded in-unit features
Images available: There are at least 10 photos of this address

Address details

Neighborhood	Pearl
Zip code	97209
Type	Condo for rent

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Rent trends in Pearl

studio apartments at 408 Nw 12th Ave #215 cost about 48% more than the average rent price for studio apartments in Portland.

Median rents as of Mar 21 2026.

Pearl

Portland

A table of studio rental data trends in Portland
Month	Median Rent
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
February 2026	$1,152
March 2026	$1,195

A table of studio rental data trends in Pearl
Month	Median Rent
April 2024	$1,411
May 2024	$1,656
June 2024	$1,593
July 2024	$1,561
August 2024	$1,630
September 2024	$1,644
October 2024	$1,520
November 2024	$1,437
December 2024	$1,518
January 2025	$1,616
February 2025	$1,485
March 2025	$1,591
April 2025	$1,619
May 2025	$1,482
June 2025	$1,563
July 2025	$1,579
August 2025	$1,618
September 2025	$1,539
October 2025	$1,506
November 2025	$1,443
December 2025	$1,322
January 2026	$1,284
February 2026	$1,396
March 2026	$1,363

Affordability calculator

Can I afford to live at 408 Nw 12th Ave #215?

Bedrooms

Studio

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

$88,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this studio monthly rent price of $2,200.

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

Check availability

Rent history

Check out the past listing prices for monthly rent at 408 Nw 12th Ave, Portland, OR.
			Bath
8 months ago	$1,899	1 bed	1 bath
1 year ago	$2,400	Studio	1 bath
1 year ago	$2,100	Studio	1 bath
1 year ago	$2,495	1 bed	2 bath
1 year ago	$2,695	1 bed	2 bath
2 years ago	$2,895	2 bed	1 bath
2 years ago	$1,850	Studio	1 bath
2 years ago	$1,900	Studio	1 bath
2 years ago	$2,095	1 bed	1 bath
2 years ago	$2,795	1 bed	2 bath

Schools near 408 Nw 12th Ave #215

Internet available near 408 Nw 12th Ave #215

Neighborhood

Pearl | 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 408 Nw 12th Ave #215

Walking

10/10

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

Driving

5/10

This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

9/10

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

Points of interest for 408 Nw 12th Ave #215, Portland

Groceries

10/10

At least one supermarket within a 5-minute walk

Shopping

10/10

Exceptional 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

9/10

At least one elementary school within a 5-minute walk

High schools

8/10

At least one high school within a 15-minute walk

Parks

8/10

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

Nightlife

10/10

Exceptional variety of bars right within a few minutes’ walk

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408 Nw 12th Ave, Portland, OR

408 Nw 12th Ave Portland, OR

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**DEPOSIT SPECIAL: security deposit can be paid in two separate payments with first and second months rent!** **$100 gift certificate upon move-in!** Love Where You Live. Apply Today, Tour Tomorrow. Live in One of Portland’s Most Talked-About Neighborhoods: Your home in the iconic Pearl District neighborhood is nestled among Portland’s most coveted restaurants, boutique shops, art galleries, and green spaces. Enjoy quick access to public transportation and the bustle of city life while having a cozy retreat to call home. **HOA Move-in/Out Fee is $800. Owner will pay $400 of the fee. Tenant pays the other $400. HOA fee must be paid prior to move-in. The new renter will need to give at least one week notice to arrange for the move-in date.** Highlights: -Located in the iconic Mackenzie Lofts Building! -Soaring ceilings and exposed ductwork in an open-concept loft design -Expansive industrial-style windows provide abundant natural light -Private balcony with sweeping city views -Sleek modern kitchen with natural wood cabinetry and bold black appliances -Includes refrigerator/freezer, electric stove/oven, dishwasher, and built-in microwave -Bedroom nook with wall partitions and built-in closet shelving -Spacious bathroom with modern fixtures and vintage tile flooring -One secured underground parking space and additional storage included -Secured building with elevator access and polished entry lobby Smart Application Process: -Apply online, fast, secure, and mobile-friendly -One in-person tour per renter due to high demand -Virtual tours often available, ask for a link -Boost your approval chances by submitting all documents upfront Utilities & Lease Info: -Included: Water, Sewer, Garbage -Tenant Covers: Electric, Gas, and Cable/Internet -Washer/Dryer: Included -Heating/Cooling: Forced Air + Central Air (verify before applying) -Pets: One small dog or cat allowed under 20lbs. Schools: -Chapman Elementary -West Sylvan Middle -Lincoln High School Why Renters Love Us: -Open 365 days and Answer our telephone 24 hours a day -Electronic Move Ins, High Tech, Paperless, Mobile App, and more -Moving Discounts, 2 Months Free Storage, $50 off local moves, $200 off out-of-state moves -7 day a week maintenance service -73% of renters who love their maintenance team, stay longer -7 day a week showings, fits your schedule -Improve your credit score with each on-time payment, lowering the interest rate you will pay on loans -88% care about reviews, so we work hard to earn them Ready to schedule a tour or apply? -View our Rental Criteria here: https www propmhomes com rental-criteria -Questions? Call us. We’re here 365 days a year. *Disclaimer: All information, regardless of source, is not guaranteed and should be independently verified. Including paint, flooring, square footage, amenities, and more. This home may have an HOA/COA which has additional charges associated with move-in/move-out. Tenant(s) would be responsible for verification of these charges, rules, as well as associated costs. Applications are processed first-come, first-served. All homes have been lived in and are not new. The heating and cooling source needs to be verified by the applicant. Square footage may vary from website to website and must be independently verified. Please confirm the year the home was built so you are aware of the age of the home. A lived-in home will have blemishes, defects, and more. Homes are not required to have A/C. Please verify status before view..

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Listed by Selle Daoana

Days on market: 788

OPEN APPLICATION PERIOD: This rental home is now accepting applications. PROPERTY INFO: Take in the beautiful views and natural light of this west-facing updated loft in the heart of the Pearl. A stunning kitchen for all your chef's creations with an open concept for gathering amongst friends. Integrated smart home features, hardwood flooring, high ceilings and heated bathroom floors are just some of the bonuses. Step onto your private balcony perched above the city bustle and take in the calm of your own retreat. One secured parking spot and storage unit included. NEIGHBORHOOD: Urban living at its finest! Conveniently located in the heart of the Pearl. Enjoy a morning coffee at the local bakeries or take a stroll through Jamison Square, Tanner Springs or the Fields Park. Prime location to enjoy local shopping (Powells anyone?), restaurants and hot spots that the pearl has to offer. Easy access to public transportation right at your doorstep. Chapman Elementary School, Childpeace Montessori, West Sylvan Middle School and Lincoln High School. TERMS: - $50 application fee per adult + pet screening fees if applicable - Lease Term: 12-month - Security Deposit: $1500 (Restrictions apply) - Garbage/Recycling: Included in the rent - Water/Sewer: Included in rent - Electricity: Tenant Responsibility - Gas: N/A - Landscape maintenance: N/A - Parking: Dedicated spot in secure garage - A/C: Yes - Renter's Liability Insurance in the amount of $100,000 required - No smoking allowed on premises - Relocation Assistance Exemption: N/A - Move-in availability: Lease is required to begin within two weeks of applying (Requirement waived, HOA musts be given two weeks notice of lease start date) - Accessible Unit: No - City of Portland Rental Criteria for Residency Applies: Yes - Property posted for rent on 12/27/23 ANIMALS and PETS: - Pets permitted: Dogs & cats OK, 2 max w/ monthly pet rent $50/pet - Petscreening is a required part of the application process for ALL applicants including those with pets, service/ESA and no registered pets. Please get started by selecting a profile category at this link: https livingroompropertymanagement petscreening com For information on additional available units, to inquire or request a tour please visit our website at https www livingroomre com rent Professionally managed by Living Room Property Management Property Manager: ORLIC# 201253914 Equal Housing Opportunity 421 SE 10th Ave Portland, OR 97214 Avoid a scam - Do not forward personal information directly through email. Prospective Living Room Tenants will be requested to apply and pay application fees through our secure online application only at https www livingroomre com rent #rent-listings Security deposits and fees are never to be transferred via cash apps (Venmo, etc). Built In Speaker System Heated Floors Nest Thermostat

Occupied

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Listed by Leasing Office

Days on market: 1996

Rooftop Paradise in the Pearl - Now offering 6 month leases! Call us to learn more about pricing options. Come home to the top of the world at the Mackenzie lofts, in the heart of the Pearl district. This is one of only four Penthouses on the top floor with nearly 800 ft.² of exceptional outdoor living. This deep wraparound veranda offers an amazing unobstructed panoramic view of one of the most celebrated districts in Portland, offering the ideal backdrop for relaxing or entertaining in style. Centrally located, this home offers leading edge shops and restaurants right outside your door and the streetcar steps away. The unit has been repainted with neutral colors since the marketing photos were taken. Enter into a long gallery hall, perfect for featuring art and a dedicated bench and rack area for all your Portland outdoor wear. The gorgeous oak hardwood floors lead you into the light and open living space. Along the way, there is an abundance of cleverly organized storage spaces. This stunning corner Penthouse offers nearly 1700 ft.² of bright indoor living space with walls of windows and remarkably high ceilings, taking advantage of being the top floor. The kitchen is designated by an extraordinarily long granite island and bar, ideal for cooking, entertaining and ease of flow. This gourmet, cooks kitchen features a Viking cooktop, two separate refrigerators, two full size ovens and plenty of counterspace for food preparation. All with an amazing view of the city! This unit offers two possible spacious bedrooms with private en suites. . The dedicated master suite features a generous walk in closet with many built ins, an en suite with dual vanity and a large walk in shower with dual shower heads. The laundry is conveniently positioned in the master en suite. The second room offers a gorgeous bath with a sleek soaking tub/ shower combination, walls of tile and a stunning river rock floor. This flexible second room could be an ideal guest quarters, media room or office. This unit is also special with featuring the hot commodity of two parking spaces and a generous separate storage space. No smoking and no pets please. Chapman Elementary, West Sylvan Middle, Lincoln High School. Please see our website for information on application requirements and screening criteria. We will begin accepting applications within 72 hours of listing. This dwelling unit does not qualify as a 'Type A Unit' (accessible unit) per Oregon structural building code and ICC A117.1. No Pets Allowed