Nearby rentals
Property management
Pet Friendly
PNW Property Management LLC
A spacious open floor plan, fenced back patio, three additional storage closets, and a no-smoking setting add practical appeal, while nearby walking trails plus dining and shopping options provide everyday convenience. Additional strengths include a high value per square foot, 13 photos for a quick preview, and easy access to pet-friendly resources and outdoor spaces.
Things you’ll love
More spaceFireplaceImages AvailableGreat for
Pet ownersFeatures
| Driveway | Fireplace |
| Gas Fireplace | Patio |
Appliances
| Dishwasher | In-Unit Laundry |
| Oven | Range |
| Refrigerator | Washer and Dryer |
Community
| Cats OK | Dogs OK |
Grounds
| Walking Path |
Neighborhood
| Nearby Park |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
Welcome to this beautiful home offering a spacious and functional open floor plan in a quiet Southeast Portland setting. The main level features a bright and inviting living area with a gas fireplace, seamlessly flowing into the kitchen and dining space—ideal for both everyday living and entertaining. A convenient half bathroom is located on the main floor, while upstairs you’ll find three generously sized bedrooms, including a primary suite with a large walk-in closet and private bathroom, along with two full bathrooms. With three additional storage closets throughout the home, there is no shortage of practical storage space. A sliding glass door leads to a fenced back patio, providing a private outdoor area with direct access to nearby walking trails—perfect for enjoying the outdoors just steps from your door. The home also includes a garage and driveway, offering ample parking options. Located just a few blocks from Powell Butte Nature Park, you’ll have easy access to miles of scenic trails, open space, and panoramic views. The property offers convenient access to SE Powell Blvd and I-205, making commuting throughout Portland and surrounding areas efficient. Nearby grocery options include Fred Meyer, Safeway, and WinCo Foods, along with a variety of dining and shopping options in the surrounding area. This home combines comfort, functionality, and an ideal location for those seeking both convenience and access to nature. - 12 Month Lease term - Tenant pays for all utilities. Tenant pays all utilities: electric, gas, water/sewer, garbage/recycling. - Pet allowed with pet rent of $50/mo per pet with deposit - Security deposit is x1 the monthly rent - No Smoking Additional details: - Prospective tenants will not be screened until all applications for a group are submitted and complete. - If an application is incomplete, requested information must be provided within 72 hours, or we will proceed with the next application. - Once approved, please let us know within 72 hours from notification of approval if you will be proceeding; otherwise, we will proceed with the next application. Applications are $55/person. All occupants 18+ must fill out a separate application. Unit is not a Type A "accessible" unit. This ad is being posted on 4/10/26..Applications accepted 4/13/26. Portland laws require landlords to process applications in the order received beginning 4/13/26. Applications received prior to 4/13/26 will be penalized with an 8 hr delay per law. Landlord will use an individualized assessment to screen applicants. Reasons for screening denial may include: 1) Criminal conviction history 2) Derogatory credit history 3) Derogatory rental history 4) Income less than 2x the rental rate 5) Inability to verify application information The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation. Applicants are welcome to provide supplemental evidence to mitigate potentially negative screening results. Applicants have 30 days to appeal denied applications during which time they may correct, refute, or explain negative information forming the basis for the denial. Applicants must be prequalified for any rental opportunities at Landlord’s properties for three months following the approval date. Landlords must waive all screening fees for three months f..
How 5344 Se 137th Ave compares to other nearby properties.
Positives
Considerations
| Neighborhood | Powellhurst - Gilbert |
|---|---|
| Zip code | 97236 |
| Type | House for rent |
3-bedroom apartments at 5344 Se 137th Ave cost about 8% more than the average rent price for 3-bedroom apartments in 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 | $2,273 |
| August 2024 | $2,282 |
| September 2024 | $2,220 |
| October 2024 | $2,172 |
| November 2024 | $2,192 |
| December 2024 | $2,272 |
| January 2025 | $2,171 |
| February 2025 | $2,195 |
| March 2025 | $2,131 |
| April 2025 | $2,229 |
| May 2025 | $2,197 |
| June 2025 | $2,116 |
| July 2025 | $1,945 |
| August 2025 | $2,100 |
| September 2025 | $2,090 |
| October 2025 | $2,167 |
| November 2025 | $2,114 |
| December 2025 | $2,095 |
| January 2026 | $1,994 |
| February 2026 | $2,025 |
| March 2026 | $2,296 |
| April 2026 | $2,271 |
| May 2026 | $2,247 |
| June 2026 | $2,204 |
| July 2026 | $2,161 |
Can I afford to live at 5344 Se 137th Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$95,800/yr
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Powellhurst - Gilbert | Portland, OR
Sellwood - Moreland • 1721 Se Tacoma St
2 Beds
$1,695
Ardenwald • 3236 Se Harvey St
2 Beds
$1,650–$1,750
Hazelwood • 14201 E Burnside St
2–3 Beds
$1,595–$1,895
Reed • 1654 1654 - 7842 SE Lambert Street
2 Beds
$2,895
Corbet - Terwilliger - Lair Hill • 2615 S Water Ave
2 Beds
$1,625–$1,775
Downtown Gresham • 1201 Ne 8th St
2–3 Beds
$1,425–$1,959
Sellwood - Moreland • 1721 Se Tacoma St
2 Beds
$1,695
Ardenwald • 3236 Se Harvey St
2 Beds
$1,650–$1,750
Hazelwood • 14201 E Burnside St
2–3 Beds
$1,595–$1,895
Reed • 1654 1654 - 7842 SE Lambert Street
2 Beds
$2,895
Corbet - Terwilliger - Lair Hill • 2615 S Water Ave
2 Beds
$1,625–$1,775
Downtown Gresham • 1201 Ne 8th St
2–3 Beds
$1,425–$1,959
