Highlights
- Gas fireplace
- Renovated kitchen and bathroom
- New central heating
- Large backyard
- Covered back porch
Nearby rentals
Property management
Updated interiors and practical comforts stand out, with a renovated kitchen and bathroom, new central heating, a gas fireplace, a large backyard, and a covered back porch. Nearby amenities and community appeal add to the appeal, including a strong value-per-square-foot position, a good selection of photos, walkable access to local spots, and convenient access to fitness, outdoor, and pet-friendly resources.
Things you’ll love
Great for
Features
| Air Conditioning | Central Heat |
| Deck | Fireplace |
| Hardwood Floor |
Appliances
| In-Unit Laundry |
Community
| Dogs OK | Fitness Center |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space | Storage |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Welcome home to this beautifully maintained 2-bedroom, 1-bathroom gem tucked into the heart of Woodstock! This 920-square-foot home has been freshly updated with a renovated kitchen and bathroom and new central heating, so you can move right in and feel at home from day one. Cozy up on chilly evenings by the gas fireplace, and enjoy year-round comfort with supplemental wall AC/heat units in both bedrooms. Beautiful hardwood floors run throughout, and large windows fill the home with natural light, giving every room a bright, welcoming feel. BUT THE REAL STORY IS THE SPACE BEYOND THE LIVING AREA. This home offers far more room than its 920 square feet suggests: - Approximately 1,000-square-foot unfinished basement: a full second level for storage, a workshop, a home gym, or hobby space, with a washer/dryer hookup - Single-car garage: room for a vehicle, tools, bikes, or seasonal gear - Backyard outbuilding: a separate structure for more storage, a studio, or a project space - Off-street parking: a private driveway with room for 2 vehicles Outside, the generous 5,500-square-foot lot is a true extension of the home. The large, fully fenced backyard offers privacy and security, with plenty of room for pets, kids, gardening, or weekend gatherings, while the covered back porch is ideal for morning coffee or evening relaxation. The location can't be beat. You're just moments from Reed College, along with a great mix of neighborhood restaurants, bars, grocery stores, and the local library. Everything you need is right around the corner, in one of Portland's most beloved neighborhoods. Move-in cost: $5,700 (first + last month's rent), called out as separate from the security deposit Security deposit: due at signing to secure tenancy (still need the dollar amount — left as a placeholder) Pet rent: $50/month per pet Lease term: 1 year, confirmed Utilities: tenant pays all Smoking: none allowed, anywhere on the property Tenant Screening Criteria & Notice of Availability Property Address: 5401 SE Tolman St, Portland, OR 97206 Notice of Availability Posting Time: Thursday, September 3 2026, at 12:30 PM Open Application Period Begins: Sunday, September 6, 2026, at 12:30 PM 1. Notice of Open Application Period & Sequence * 72-Hour Notice Window: In accordance with City of Portland City Code Chapter 30.01.086, applications will not be accepted, reviewed, or processed before the Open Application Period noted above. * Early Submission Penalty: Any application received prior to the official start time will be recorded with an 8-hour timestamp penalty, placing it behind applications received on time. * First-Come, First-Served Queue: Applications will be evaluated chronologically, one at a time, based on the exact timestamp of a completed submission. An application is considered complete only when all adult applicants have submitted their profile via Avail, provided valid photo identification, and submitted verified income documentation. 2. Right to Request a Modification or Accommodation Applicants with disabilities have the right to request a reasonable accommodation or modification if our standard screening criteria or housing policies create a barrier to equal housing access. Requests must be made in writing at the time of application submission. 3. Income & Employment Requirements * Minimum Gross Income: The gross monthly income of the applicant(s) must be at least 2.0 times the monthly rent. * Alternative Income Sources: Financial aid, housing choic..
How 5401 Se Tolman St #NA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Woodstock |
|---|---|
| Zip code | 97206 |
| Type | House for rent |
2-bedroom apartments at 5401 Se Tolman St #NA cost about 20% more than the average rent price for 2-bedroom apartments in Portland.
| Month | Median Rent |
|---|---|
| November 2024 | $1,795 |
| 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 |
| January 2026 | $1,695 |
| February 2026 | $1,691 |
| March 2026 | $1,692 |
| April 2026 | $1,695 |
| May 2026 | $1,720 |
| June 2026 | $1,695 |
| July 2026 | $1,704 |
| August 2026 | $1,710 |
| September 2026 | $1,703 |
| October 2026 | $1,695 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,940 |
| December 2024 | $1,977 |
| January 2025 | $1,945 |
| February 2025 | $1,992 |
| March 2025 | $2,026 |
| April 2025 | $2,144 |
| May 2025 | $2,202 |
| June 2025 | $1,997 |
| July 2025 | $1,980 |
| August 2025 | $1,865 |
| September 2025 | $1,962 |
| October 2025 | $1,905 |
| November 2025 | $1,857 |
| December 2025 | $1,976 |
| January 2026 | $1,962 |
| February 2026 | $1,995 |
| March 2026 | $1,977 |
| April 2026 | $2,046 |
| May 2026 | $1,947 |
| June 2026 | $1,860 |
| July 2026 | $1,971 |
| August 2026 | $2,188 |
| September 2026 | $2,191 |
| October 2026 | $2,223 |
Can I afford to live at 5401 Se Tolman St #NA?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$110,000/yr
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