Nearby rentals
Renter hub
Property management
Pet Friendly
Touchstone Property Management
This residence features washer/dryer hookups and an open living room, providing convenience and spaciousness. Expansive outdoor spaces and multiple outdoor areas enhance the enjoyment of the stunning mountain skyline. Ideal for those seeking a blend of indoor comfort and outdoor living in a picturesque setting.
Things you’ll love
Middle school nearbyGreat for
Pet ownersApartment Amenities
| Washer/Dryer Hookups |
Appliances
| Dishwasher | Garbage Disposal |
| Microwave | Range |
| Refrigerator |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
Houses in PortlandCorbet - Terwilliger - Lair Hill 5118 Southwest 1st Avenue, Portland, Oregon 97239, United StatesExperience bright, spacious living in this beautifully updated home, complete with expansive outdoor space and stunning mountain skyline scenery. This home offers an open and inviting living room filled with natural light, creating a warm and comfortable atmosphere. The refreshed kitchen features all appliances, generous counter space, and a functional layout suited for everyday use. The bedrooms provide great closet storage. The bathroom is clean and modern with well-maintained finishes. A standout feature of this property is the large deck and multiple outdoor areas, perfect for unwinding, outdoor dining, or simply taking in the scenic surroundings. Located in the Southwest Portland neighborhood with quick access to shops, parks, and major commuter routes, this home blends comfort, functionality, and beautiful outdoor appeal. School District: Portland SD 1J (Deemed reliable, but not guaranteed) Screening: All applicants age 18+ are required to be screened & pay a $55 screening fee (each) Lease Term: 12 months Security Deposit: $2,195 OAC Pet Policy: Allowed, 2 maximum - Cats allowed, dogs allowed, up to 25lbs Pet Pricing (per pet): Pet Rent - $50/month Smoking: This is a non-smoking property Landscaping: Owner provided. Washer/Dryer: Hookups provided Utilities: All utilities are the responsibility of the resident. Garbage billback at $33/mo Accessibility: This is not an accessible dwelling unit *Visit https touchstonepdx com featured-rentals for the most current listing information. All Touchstone Property Management residents are invited to enroll in the Resident Benefits Package (RBP) for $44.95/month which includes liability insurance, HVAC air filter delivery (for applicable properties $37.95/month without filters), credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, our best-in-class resident rewards program, and much more! More details upon application. Open Application Period for this property begins on 11/28/25 at 4:00 PM PST. This is 72 hours after the notice this units availability was posted. We will commence processing complete applications after the time indicated above. Kindly abstain from submitting applications before the designated Open Application Period. Should an application be received prior to this period, the City of Portland mandates that Landlords refrain from considering it received until the commencement of the official open application period. Additionally, an 8-hour penalty is required to be applied.
How 5118 SW 1st Ave, Portland, OR 97239, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Corbet - Terwilliger - Lair Hill |
|---|---|
| Zip code | 97239 |
| Type | House for rent |
2-bedroom apartments at 5118 Southwest 1st Avenue cost about 26% more than the average rent price for 2-bedroom apartments 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,998 |
| January 2024 | $2,002 |
| February 2024 | $2,050 |
| March 2024 | $2,026 |
| April 2024 | $2,295 |
| May 2024 | $2,234 |
| June 2024 | $2,215 |
| July 2024 | $2,311 |
| August 2024 | $2,232 |
| September 2024 | $2,250 |
| October 2024 | $2,327 |
| November 2024 | $2,239 |
| December 2024 | $2,280 |
| January 2025 | $2,034 |
| February 2025 | $1,939 |
| March 2025 | $1,901 |
| April 2025 | $1,820 |
| May 2025 | $2,023 |
| June 2025 | $2,123 |
| July 2025 | $2,070 |
| August 2025 | $2,049 |
| September 2025 | $1,926 |
| October 2025 | $1,958 |
| November 2025 | $1,829 |
Can I afford to live at 5118 Southwest 1st Avenue?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$87,800/yr
3830 se 14th ave
portland, OR, 97202
8401 sw 17th ave
portland, OR, 97219
Occupied
2 Beds
2 Baths
$1,395
Dishwasher • Fireplace • In-Unit Laundry
Homestead • 1311 Southwest Gibbs Street
1–2 Beds
$1,695–$2,195
Fisher's Landing East • 16506 Southeast 29th Street
1–3 Beds
$1,550–$1,799
Fircrest • 11301 Northeast 7th Street
2–3 Beds
$1,699–$1,885
South Tabor • 7123 Southeast Powell Boulevard
3 Beds
$1,650
Lloyd District • 304 Northeast Multnomah Street
1–2 Beds
$1,455–$2,025
Bridlemile • 6035 Sw Beaverton Hillsdale Hwy
2 Beds
$1,595–$1,650
Cedar Hills - Cedar Mill • 13409 Northwest Sherry Street
2 Beds
$1,795
Central Beaverton • 12520 Southwest Gem Lane
2 Beds
$1,750
Homestead • 1311 Southwest Gibbs Street
1–2 Beds
$1,695–$2,195
Fisher's Landing East • 16506 Southeast 29th Street
1–3 Beds
$1,550–$1,799
Fircrest • 11301 Northeast 7th Street
2–3 Beds
$1,699–$1,885
South Tabor • 7123 Southeast Powell Boulevard
3 Beds
$1,650
Lloyd District • 304 Northeast Multnomah Street
1–2 Beds
$1,455–$2,025
Bridlemile • 6035 Sw Beaverton Hillsdale Hwy
2 Beds
$1,595–$1,650
Cedar Hills - Cedar Mill • 13409 Northwest Sherry Street
2 Beds
$1,795
Central Beaverton • 12520 Southwest Gem Lane
2 Beds
$1,750
308 listings
112 listings
148 listings
