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Highlights

  • Vibrant neighborhood
  • Contemporary city life

Location

850 Ne 81st Ave, Portland, OR 97213, USA|Montavilla

Tour 850 Ne 81st Ave

Contact

Milepost 5

(503) 333-3331

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12+ months
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About 850 Ne 81st Ave

HomeApartments in PortlandMontavilla 850 Ne 81st Ave, Portland, OR 97213, USA
sweet deal icon
Sweet deal!
This listing is 44% below the median price for studio apartments in Montavilla.

Welcome to Milepost 5, where convenience, style, and comfort enhance your apartment living experience. Our apartments in Portland, OR, have everything you need to both live simply and thrive in a setting that naturally feels like home. Enjoy access to a variety of restaurants, shops, parks, and entertainment to get a taste of the vibrant neighborhood that surrounds you. You will experience the perfect combination of nature and contemporary city life here. Take advantage of nearby attractions like Laurelhurst Park, or local Wellington Park. After grabbing a bite at Denizens Cafe, OX Restaurant, or Javi's Breakfast & Lunch, return to our friendly neighborhood for all the simple comforts of home. Choose Milepost5 for the easy lifestyle you've been looking for.


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 850 Ne 81st Ave, Portland, OR 97213, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away
Images available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Pet restrictions
Pets aren't allowed at this location.

Address details

NeighborhoodMontavilla
Zip code97213
TypeApartment for rent

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Rent trends in Montavilla

studio apartments at 850 Ne 81st Ave cost about 44% less than the average rent price for studio apartments in Portland.

Median rents as of Jul 11 2026.
Montavilla
Portland
A table of studio rental data trends in Portland
MonthMedian Rent
July 2024$1,225
August 2024$1,223
September 2024$1,233
October 2024$1,219
November 2024$1,202
December 2024$1,199
January 2025$1,193
February 2025$1,193
March 2025$1,180
April 2025$1,178
May 2025$1,178
June 2025$1,175
July 2025$1,174
August 2025$1,196
September 2025$1,185
October 2025$1,150
November 2025$1,173
December 2025$1,163
January 2026$1,147
February 2026$1,152
March 2026$1,195
April 2026$1,185
May 2026$1,187
June 2026$1,180
July 2026$1,195
A table of studio rental data trends in Montavilla
MonthMedian Rent
August 2024$899
September 2024$899
October 2025$925
November 2025$970
December 2025$943
January 2026$950
February 2026$950
March 2026$1,037
April 2026$993
May 2026$1,094
June 2026$1,009
July 2026$880

Affordability calculator

Can I afford to live at 850 Ne 81st Ave?

Bedrooms

Studio

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

$19,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $19,400 annually to afford this studio monthly rent price of $485.
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.
Check out the past listing prices for monthly rent at 850 Ne 81st Ave, Portland, OR.
9 months ago$1,1421 bed1 bath
9 months ago$899Studio1 bath
9 months ago$1,3052 bed1 bath
1 year ago$888Studio1 bath
1 year ago$1,1421 bed1 bath
2 years ago$1,1421 bed1 bath
2 years ago$1,1421 bed1 bath
2 years ago$1,3052 bed1 bath
2 years ago$799Studio0 bath

Schools near 850 Ne 81st Ave

Vestal Elementary School

161 ne 82nd ave

portland, OR, 97220

K-5Public
B-

Rose City Park

2334 ne 57th ave

portland, OR, 97212

K-5Public
B+

Wheatley School

14030 ne sacramento st

portland, OR, 97230

K-12Public

Functional Living Skills Program

11611 ne ainsworth cir

portland, OR, 97220

K-12Public

Winterhaven School

3830 se 14th ave

portland, OR, 97202

K-8Public
A-
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Internet available near 850 Ne 81st Ave

Getting around Portland near 850 Ne 81st Ave

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
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

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 850 Ne 81st Ave, Portland

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

9/10
Wide variety of cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

9/10
Wide variety of bars within a few minutes' walk

Other units at this address

850 Ne 81st Ave Portland, OR

Occupied

Studio, – Baths

Studio

– Baths

$799

Listed by Milepost5
Days on market: 1101
WELCOME TO MILEPOST 5 Welcome home to Milepost 5! Our affordable housing community in Portland, OR, offers private studio units, community amenities, and a well-connected address. Located on a two-acre campus in the historic Montavilla neighborhood, half the units feature their own bathroom en suite, while the other half have dorm-style bathrooms. All units have shared kitchens, and laundry is available on-site. Our studio apartments range from 130 – 400 square feet. As a resident of our Portland apartments, friendly community spaces, thoughtful amenities, and excellent services will make each day a delight. Relaxation and recreation are at the forefront, with on-site laundry, a community garden, and a resident clubhouse. Community bathrooms and shared kitchens are accessible to residents, and select units have built-in shelves. We are pet-friendly, so your four-legged friends can roam around the neighborhood. Milepost 5 is ideally located near NE 81st Ave and NE Glisan St, allowing you to reach the best destinations of the historic Montavilla neighborhood within minutes. We're set near popular shopping, food, and entertainment destinations, including The Observatory, Flying Pie Pizzeria, YaHala, and The Academy Theater, while Portland’s thriving downtown is within a comfortable ride. Public transportation is readily available by light rail or bus. Take a look at our photo gallery and schedule your appointment, or drop by and visit us for your personal tour today! Income restrictions apply and are determined via the Portland Housing Bureau's guide for 60% of the area median income. Milepost 5 is presented to the general public taking preference to artists.

Occupied

1 Bed, – Baths

1 Bed

– Baths

$839

Listed by Milepost 5
Days on market: 1499
Milepost 5 is an affordable housing community for creatives, developed for working artists of all disciplines. Located on a two-acre campus in Portland’s Montavilla neighborhood, our community of over 100 renters work in dozens of artistic fields. Residents host monthly art openings, present plays, music, readings, workshops, and other events in the community spaces. Income restrictions apply and are determined via the Portland Housing Bureau's guide for 60% of the area median income. The complex boasts over 100 units consisting of both residential and artist studio spaces. The sizes of the spaces range from about 130 - 400 square feet. While about half of the units feature their own bathroom en suite, the other half of the units have dorm-style bathrooms located throughout the building. The units all have shared kitchens, which are located on both the second and third floors. Most residents keep a mini-fridge inside their apartments. The building has a laundry room with coin-operated machines, a workshop for working on small projects, galleries, and community gardens. Public transportation is readily available by light rail or many bus lines.

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$1,142

Listed by Milepost5
Days on market: 222
WELCOME TO MILEPOST 5 Welcome home to Milepost 5! Our affordable housing community in Portland, OR, offers private studio units, community amenities, and a well-connected address. Located on a two-acre campus in the historic Montavilla neighborhood, half the units feature their own bathroom en suite, while the other half have dorm-style bathrooms. All units have shared kitchens, and laundry is available on-site. Our studio apartments range from 130 – 400 square feet. As a resident of our Portland apartments, friendly community spaces, thoughtful amenities, and excellent services will make each day a delight. Relaxation and recreation are at the forefront, with on-site laundry, a community garden, and a resident clubhouse. Community bathrooms and shared kitchens are accessible to residents, and select units have built-in shelves. We are pet-friendly, so your four-legged friends can roam around the neighborhood. Milepost 5 is ideally located near NE 81st Ave and NE Glisan St, allowing you to reach the best destinations of the historic Montavilla neighborhood within minutes. We're set near popular shopping, food, and entertainment destinations, including The Observatory, Flying Pie Pizzeria, YaHala, and The Academy Theater, while Portland’s thriving downtown is within a comfortable ride. Public transportation is readily available by light rail or bus. Take a look at our photo gallery and schedule your appointment, or drop by and visit us for your personal tour today! Income restrictions apply and are determined via the Portland Housing Bureau's guide for 60% of the area median income. Milepost 5 is presented to the general public taking preference to artists.

Occupied

2 Beds, 1 Bath

2 Beds

1 Bath

$1,305

Listed by Milepost5
Days on market: 165
WELCOME TO MILEPOST 5 Welcome home to Milepost 5! Our affordable housing community in Portland, OR, offers private studio units, community amenities, and a well-connected address. Located on a two-acre campus in the historic Montavilla neighborhood, half the units feature their own bathroom en suite, while the other half have dorm-style bathrooms. All units have shared kitchens, and laundry is available on-site. Our studio apartments range from 130 – 400 square feet. As a resident of our Portland apartments, friendly community spaces, thoughtful amenities, and excellent services will make each day a delight. Relaxation and recreation are at the forefront, with on-site laundry, a community garden, and a resident clubhouse. Community bathrooms and shared kitchens are accessible to residents, and select units have built-in shelves. We are pet-friendly, so your four-legged friends can roam around the neighborhood. Milepost 5 is ideally located near NE 81st Ave and NE Glisan St, allowing you to reach the best destinations of the historic Montavilla neighborhood within minutes. We're set near popular shopping, food, and entertainment destinations, including The Observatory, Flying Pie Pizzeria, YaHala, and The Academy Theater, while Portland’s thriving downtown is within a comfortable ride. Public transportation is readily available by light rail or bus. Take a look at our photo gallery and schedule your appointment, or drop by and visit us for your personal tour today! Income restrictions apply and are determined via the Portland Housing Bureau's guide for 60% of the area median income. Milepost 5 is presented to the general public taking preference to artists.

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