1 Day Ago
Highlights
Pet Friendly
Location
8040 Sw Oleson Rd, Portland, OR 97223, USA|Raleigh Hills
Tour 8040 Sw Oleson Rd
Contact
RipCity Property Management LLC
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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
Images Available- Laundry available on site
Great for
Pet owners
Amenities for 8040 Sw Oleson Rd, Raleigh Hills
Apartment Amenities
| Deck | Hardwood Floor |
| Private Patio |
Appliances
| In-Unit Laundry | Refrigerator |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
| Laundry Hookups in Unit | Onsite Laundry |
Grounds
| Outdoor Space | Two Parking Spots |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 8040 Sw Oleson Rd
This single-level duplex in the Garden Home neighborhood offers a rare combination of space, privacy, and location. Inside, you'll find two well-sized bedrooms, original hardwood flooring, and a spacious open layout. The updated kitchen features quartz countertops and ample cabinet storage. In-unit washer and dryer hookups are included, along with off-street parking. Step outside to a huge fully fenced yard—ideal for relaxing, gardening, or spending time outdoors. A private back patio and front porch offer additional outdoor space. One side of the garage is available for an additional $150/month, perfect for extra storage or secure parking. Located just minutes from Garden Home Park and the Garden Home Recreation Center, with access to walking trails, sports courts, and fitness classes. Quick access to grocery stores, coffee shops, public transit, and major roads makes this a convenient spot for getting around the Portland metro area. Residents are responsible for all utilities. Pets considered with additional terms. Key Features: -2 bedrooms, 1 bathroom -Hardwood floors throughout -Quartz kitchen countertops -Washer/Dryer hookups -Large fenced yard -Private front porch and back patio -Off-street parking included -Garage available for $150/month -Close to parks, recreation, and shopping This home offers a balance of indoor comfort and outdoor space in a central location. Available now. Showings are scheduled directly through our website at RipCityPM. com. Identity verification is required for all tours. Disclaimer: Avoid Scams For your safety, communicate only with RipCity Property Management regarding our listings. All applications and payments must be completed through our secure online platform at our official website. We do not accept payments via cash apps such as Venmo, Zelle, or CashApp. Our listings are never advertised on or Facebook Marketplace. If you see our listings on those platforms, please report them as fraudulent. OPEN APPLICATION PERIOD BEGINS 10/30/2025 AT 10:00AM (Applicants who submit early will receive an 8 hour penalty as required by local ordinance). All adults in the property must submit an application. Please read this entire listing and review our rental criteria on our website before applying. Rental criteria can be found under the "Properties" tab at RipCityPM. com. Lease Term: 12 Month's. All leases must start within two weeks of an approved application. Minimum gross household income must be at least 2.5X the monthly rent. Smoking is strictly prohibited anywhere on the premises. Pets are allowed but subject to owner approval. Pet rent and deposits will be determined based on pet screening results. All applicants must complete a pet screening application, including those with no pets. There is no charge for submitting a pet screening application for applicants without pets or for ESA/Service animals. Applications are processed on a first-come, first-served basis and must be fully completed before processing. The application fee is $60 per adult, plus a $10 non-refundable processing fee. Additional pet screening fees may apply if applicable. Resident is responsible for all utilities including Electricity, Gas, Internet and Cable. Water-Sewer and Garbage will be billed back. Renters insurance with a minimum of $100,000 in liability coverage is required unless income minimums are exceeded per our policy. The refundable security deposit ranges from 1 to 1.5 times the monthly rent, based on s..
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 8040 Sw Oleson Rd compares to other nearby properties.
Positives
- 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
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Raleigh Hills |
|---|---|
| Zip code | 97223 |
| Type | Apartment for rent |
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Rent trends in Raleigh Hills
2-bedroom apartments at 8040 Sw Oleson Rd cost about 31% more than the average rent price for 2-bedroom apartments in Raleigh Hills.
Median rents as of Oct 25 2025.
Raleigh Hills
Raleigh Hills
| Month | Median Rent |
|---|---|
| November 2023 | $1,494 |
| December 2023 | $1,748 |
| January 2024 | $1,699 |
| February 2024 | $1,667 |
| March 2024 | $1,648 |
| April 2024 | $1,630 |
| May 2024 | $1,671 |
| June 2024 | $1,782 |
| July 2024 | $1,753 |
| August 2024 | $1,814 |
| September 2024 | $1,800 |
| October 2024 | $1,652 |
| November 2024 | $1,595 |
| December 2024 | $1,666 |
| January 2025 | $1,732 |
| February 2025 | $1,618 |
| March 2025 | $1,681 |
| April 2025 | $1,636 |
| May 2025 | $1,595 |
| June 2025 | $1,648 |
| July 2025 | $1,650 |
| August 2025 | $1,666 |
| September 2025 | $1,591 |
| October 2025 | $1,595 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,494 |
| December 2023 | $1,748 |
| January 2024 | $1,699 |
| February 2024 | $1,667 |
| March 2024 | $1,648 |
| April 2024 | $1,630 |
| May 2024 | $1,671 |
| June 2024 | $1,782 |
| July 2024 | $1,753 |
| August 2024 | $1,814 |
| September 2024 | $1,800 |
| October 2024 | $1,652 |
| November 2024 | $1,595 |
| December 2024 | $1,666 |
| January 2025 | $1,732 |
| February 2025 | $1,618 |
| March 2025 | $1,681 |
| April 2025 | $1,636 |
| May 2025 | $1,595 |
| June 2025 | $1,648 |
| July 2025 | $1,650 |
| August 2025 | $1,666 |
| September 2025 | $1,591 |
| October 2025 | $1,595 |
Affordability calculator
Can I afford to live at 8040 Sw Oleson Rd?
Bedrooms
2 bedroomsRent-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
$83,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $83,800 annually to afford this 2-bedrooms monthly rent price of $2,095.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 11 months ago | $1,995 |
Schools near 8040 Sw Oleson Rd
Montclair Elementary School
7250 sw vermont
portland, OR, 97223
K-5Public
A-
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Internet available near 8040 Sw Oleson Rd
Getting around Portland near 8040 Sw Oleson Rd
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 8040 Sw Oleson Rd, Portland
Groceries
3/10
No grocery stores within walking distance
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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