House for rent

Pet friendly

1 Day Ago

Verified

5004 Se 38th Ave #B
5004 Se 38th Ave #B, Portland, OR 97202, USA

5004 Se 38th Ave #B, Portland, OR 97202, USA

Verified

Monthly rent	$1,675
Beds	2
Baths	1
Sqft	768

Monthly rent	$1,675
Beds	2
Baths	1
Sqft	768

1 Day Ago

Highlights

Pet Friendly

Location

5004 Se 38th Ave #B, Portland, OR 97202, USA|Reed

Tour 5004 Se 38th Ave #B

Contact

The Alpine Group Inc

The Alpine Group, Inc.

(503) 744-6664

Property Overview

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

Extra Storage
Images available
Laundry available on site

Great for

Pet owners

Amenities for 5004 Se 38th Ave #B, Reed

Apartment Amenities

Air Conditioning	Hardwood Floor
Heat Included	Tenant Pays All Utilities

Appliances

Dishwasher	Electric Stove/Oven
In-Unit Laundry	Microwave
Refrigerator	Stainless Steel Appliances
Washer and Dryer

Building

Cats OK	Dogs OK
No Smoking

Grounds

Assigned Parking

Services

Lawn Care Not Included

Other

No Air Conditioning	One Year Lease
Tenant Pays Water/Sewer

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

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 5004 Se 38th Ave #B

Home

Houses in Portland

5004 Se 38th Ave #B, Portland, OR 97202, USA

Sweet deal!

This listing is 14% below the median price for 2 bedroom apartments in Reed.

Discover modern comfort in this beautifully updated basement-level retreat, perfectly positioned just blocks from Reed College, Eastmoreland, and the vibrant Woodstock shops and restaurants. 📍✨ This contemporary home shines with updated flooring, sleek vinyl windows, fresh paint, and refined millwork throughout. The thoughtfully upgraded kitchen and bathroom feature stylish cabinetry and modern fixtures, creating a clean, cohesive look. Two generously sized bedrooms offer excellent closet space along with convenient built-ins for added storage. The kitchen comes fully equipped with all appliances, and in-unit washer and dryer make everyday living easy. 🧺 A private entrance located on the left side of the home off Raymond Street provides added privacy and convenient access. Enjoy a comfortable, well-appointed living space in a prime, walkable location—close to everything yet tucked away in a quiet residential setting. 🌿 Please note: this unit does not have an assigned mailbox; residents will need to obtain a PO Box for mail service. UTILITIES TENANT TO PAY: Electric - PGE Gas - NW Natural Water/Sewer - Billed back for 40% of the total bill. Trash - Billed back. RENTERS INSURANCE Proof of renter's insurance required prior to move-in and required to be maintained throughout tenancy. APPLICATION PROCESSING Accepting Applications: now! All complete applications are processed in the order received. If you are in a back-up position, your application fee will not be processed if another application is approved before yours. Fees are non-refundable once we start screening your application. Please note that we do NOT accept Zillow applications. INCOME REQUIREMENTS Gross income should be 2.5 times the rent. View our Rental Criteria on our website or contact our office. PETS There is a max of two pets. No pet rent! All pets must be at least one year old, spayed/neutered and current on all shots and immunizations. Please submit proof from your veterinarian with all current shots and immunizations. A pet picture is required. Breed restrictions do apply. Management reserves the right to deny any animal, at any time, for reasons including aggression, behavior issues, etc. An additional deposit of $250 per pet is required SMOKING All of our homes are smoke free. Smoking is only allowed a minimum of ten feet away from the property. MARIJUANA This property will not allow the growing or smoking of marijuana. This unit does not qualify as a Type A Accessible Dwelling Unit pursuant to the Oregon Structural Building Code and ICC A117.1. ALL INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED

Property highlights

How 5004 Se 38th Ave #Apt B, Portland, OR 97202, USA compares to other nearby properties.

Positives

Extra Storage: Upgraded in-unit features
Images available: There are at least 10 photos of this address
Laundry available on site: Washers and dryers are available in-building or in-unit
Outdoor space: One or more rentals here have easy access to the outdoors

Address details

Neighborhood	Reed
Zip code	97202
Type	House for rent

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.

Rent trends in Reed

2-bedroom apartments at 5004 Se 38th Ave #B cost about 14% less than the average rent price for 2-bedroom apartments in Portland.

Median rents as of Dec 13 2025.

Reed

Portland

A table of 2-bedroom apartment rental data trends in Portland
Month	Median Rent
December 2023	$1,825
January 2024	$1,810
February 2024	$1,795
March 2024	$1,796
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

A table of 2-bedroom apartment rental data trends in Reed
Month	Median Rent
December 2023	$2,145
January 2024	$2,170
February 2024	$2,150
March 2024	$2,066
April 2024	$1,957
May 2024	$2,032
June 2024	$1,872
July 2024	$1,700
August 2024	$1,850
September 2024	$1,780
October 2024	$1,748
November 2024	$1,641
December 2024	$1,596
January 2025	$1,627
February 2025	$1,722
March 2025	$1,699
August 2025	$1,655
September 2025	$1,725
October 2025	$1,700
November 2025	$1,880

Affordability calculator

Can I afford to live at 5004 Se 38th Ave #B?

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

$67,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $67,000 annually to afford this 2-bedrooms monthly rent price of $1,675.

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

Check availability

Rent history

Check out the past listing prices for monthly rent at 5004 Se 38th Ave, Portland, OR.
			Bath
11 months ago	$2,600	3 bed	2.5 bath
1 year ago	$1,850	2 bed	1 bath
1 year ago	$2,850	3 bed	2.5 bath
2 years ago	$1,800	2 bed	1 bath
2 years ago	$1,800	2 bed	1 bath
2 years ago	$1,800	2 bed	1 bath
2 years ago	$2,650	3 bed	2.5 bath

Schools near 5004 Se 38th Ave #B

Internet available near 5004 Se 38th Ave #B

Getting around Portland near 5004 Se 38th Ave #B

Walking

7/10

Grab your reusable bags–many shops and stores are within walking distance.

Driving

5/10

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

Cycling

6/10

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

Transit

5/10

Frequent public transit options are within walking distance.

Points of interest for 5004 Se 38th Ave #B, Portland

Groceries

9/10

At least one grocery store within a few minutes' walk

Shopping

5/10

Variety of shops within walking distance

Cafes

5/10

Some cafés within walking distance

Restaurants

6/10

Variety of restaurants within walking distance

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

1/10

No high schools within a 30-minute walk

Parks

7/10

Moderate amount of park space nearby

Nightlife

5/10

Some bars within walking distance

Explore the area around 5004 Se 38th Ave #B

Trader Joe's

4715 SE Cesar E Chavez Blvd

Safeway

4515 SE Woodstock Blvd

New Seasons Market

4500 SE Woodstock Blvd

Safeway

3930 SE Powell Blvd

Becker Jack Seafood Processing & Distributing Co

3380 SE Powell Blvd

Other units at this address

5004 Se 38th Ave #Apt B, Portland, OR

5004 Se 38th Ave #Apt B Portland, OR

Occupied

A

3 Beds

2.5 Baths

1,569 sqft

$2,600

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

Listed by The Alpine Group Inc

Days on market: 365

Step into this beautifully remodeled home where classic charm meets modern convenience! With updated flooring, sleek vinyl windows, fresh paint, and elegant millwork, this residence offers both style and comfort. The upgraded kitchen and bathrooms feature contemporary cabinets, top-of-the-line appliances, and stylish fixtures. Enjoy the versatility of a main-level bedroom that’s perfect as a den or guest room. The spacious open-plan living, dining, and kitchen areas are complemented by a convenient half bath for guests. Marvel at the blend of old-world character and modern amenities, including ample storage and built-in features. The kitchen opens to a covered patio and a charming walkway to Raymond Street, ideal for outdoor relaxation. Upstairs, you’ll find two additional bedrooms, two full bathrooms, and a dedicated laundry room. This home offers the perfect mix of classic elegance and modern functionality—don’t miss your chance to make it yours! Garage available for $150.00/mo. UTILITIES TENANT TO PAY: Electric - PGE Gas - NW Natural Water/Sewer - Billed back for 60% of the total bill. Trash - Billed back. RENTERS INSURANCE Proof of renter's insurance required prior to move-in and required to be maintained throughout tenancy. APPLICATION PROCESSING Accepting Applications: August 13th, at 9 am All complete applications are processed in the order received. If you are in a back-up position, your application fee will not be processed if another application is approved before yours. Fees are non-refundable once we start screening your application. Please note that we do NOT accept Zillow applications. There is a separate lower-level unit on the property that is rented separately. INCOME REQUIREMENTS Gross income should be 2.5 times the rent. View our Rental Criteria on our website or contact our office. PETS There is a max of two pets. No pet rent! All pets must be at least one year old, spayed/neutered and current on all shots and immunizations. Please submit proof from your veterinarian with all current shots and immunizations. A pet picture is required. Breed restrictions do apply. Management reserves the right to deny any animal, at any time, for reasons including aggression, behavior issues, etc. An additional deposit of $250 per pet is required SMOKING All of our homes are smoke free. Smoking is only allowed a minimum of ten feet away from the property. MARIJUANA This property will not allow the growing or smoking of marijuana. This unit does not qualify as a Type A Accessible Dwelling Unit pursuant to the Oregon Structural Building Code and ICC A117.1. ALL INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED

Occupied

3 Beds, 2.5 Baths

3 Beds

2.5 Baths

1,569 sqft

$2,600

On-Site Laundry • In-Unit Laundry

Listed by The Alpine Group Inc

Days on market: 363

---- SCHEDULE A SHOWING ONLINE AT: http showmojo com lre 9246b52037 ----Step into this beautifully remodeled home where classic charm meets modern convenience! With updated flooring, sleek vinyl windows, fresh paint, and elegant millwork, this residence offers both style and comfort. The upgraded kitchen and bathrooms feature contemporary cabinets, top-of-the-line appliances, and stylish fixtures. Enjoy the versatility of a main-level bedroom thats perfect as a den or guest room. The spacious open-plan living, dining, and kitchen areas are complemented by a convenient half bath for guests. Marvel at the blend of old-world character and modern amenities, including ample storage and built-in features. The kitchen opens to a covered patio and a charming walkway to Raymond Street, ideal for outdoor relaxation. Upstairs, youll find two additional bedrooms, two full bathrooms, and a dedicated laundry room. This home offers the perfect mix of classic elegance and modern functionalitydont miss your chance to make it yours!Garage available for $150.00/mo. UTILITIESTENANT TO PAY:Electric - PGEGas - NW NaturalWater/Sewer - Billed back for 60% of the total bill. Trash - Billed back. RENTERS INSURANCEProof of renter's insurance required prior to move-in and required to be maintained throughout tenancy. APPLICATION PROCESSINGAccepting Applications: August 13th, at 9 amAll complete applications are processed in the order received. If you are in a back-up position, your application fee will not be processed if another application is approved before yours. Fees are non-refundable once we start screening your application. Please note that we do NOT accept Zillow applications. There is a separate lower-level unit on the property that is rented separately. INCOME REQUIREMENTSGross income should be 2.5 times the rent. View our Rental Criteria on our website or contact our office. PETSThere is a max of two pets. No pet rent! All pets must be at least one year old, spayed/neutered and current on all shots and immunizations. Please submit proof from your veterinarian with all current shots and immunizations. A pet picture is required. Breed restrictions do apply. Management reserves the right to deny any animal, at any time, for reasons including aggression, behavior issues, etc. An additional deposit of $250 per pet is requiredSMOKINGAll of our homes are smoke free. Smoking is only allowed a minimum of ten feet away from the property. MARIJUANAThis property will not allow the growing or smoking of marijuana. This unit does not qualify as a Type A Accessible Dwelling Unit pursuant to the Oregon Structural Building Code and ICC A117 1 ALL INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED