12 Hours Ago
Highlights
Pet Friendly
Location
5060 Se 38th Ave, Portland, OR 97202, USA|Reed
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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
Great for
Pet owners
Floor plans
| 2BR/1.5BA | 2 bed | 1.5 bath | 886 sqft | $2,150 /mo | 1 unit available | Welcome to Modern Living in Portland's Reed Neighborhood. Discover the perfect blend of style and comfort in these beautifully designed two-bedroom, one-and-a-half-bath townhomes. Thoughtfully crafted with contemporary finishes, each home features sophisticated wood-style flooring on the main level and soft carpeting upstairs for ultimate comfort. Flooded with natural light, the open-concept layout seamlessly connects the living, dining, and kitchen areas, ideal for everyday living and entertaining. The modern kitchen comes complete with stainless-steel appliances, microwave, and dishwasher. Stay comfortable year-round with air conditioning, and enjoy your own private patio, perfect for morning coffee or unwinding after a long day. What You'll Love: ✨ Open, Spacious Floor Plan ✨ Stylish Wood & Carpet Flooring ✨ Updated Kitchen with Modern Appliances ✨ Private Outdoor Patio ✨ Bright, Sun-Filled Interiors Nestled in Portland's sought-after Reed neighborhood, you're just moments from iconic spots like Pok Pok, Stumptown Coffee, and the eclectic shops along Hawthorne Boulevard. Enjoy outdoor adventures at nearby Mt. Tabor Park, or take advantage of quick freeway access to explore all that Portland has to offer. Your next home is waiting—schedule a tour today! Click the "request" or "schedule a tour" button to schedule a showing: Virtual or In-Person. Open Application period date and time specified by the screening company will be listed on the application page. If no time is listed, the unit is in the Open Application period. Follow this link to view our screening criteria to apply: https apply2 net GREEN?unit=ReedPlaceCondo5060 RENTAL TERMS: - Application Fee: $60 per financially responsible adult - Lease Term: 12 months - Last month's rent is due at the time of lease signing - The first month's rent is due at least three days before move-in - Pets: Cats and dogs are allowed with monthly pet rent. Breed restrictions apply. - Electric: The tenant is responsible for setting up the electric account. - Water/Sewer: Billed back based on occupancy and square footage. - Garbage: Billed back based on occupancy and square footage. -A/C: Yes (Mini Splits) - Parking: Street Only. - Renter's Liability Insurance for $100,000 required - No smoking or vaping allowed on premises - Move-in availability: Lease is required to begin within 15 days of submitting the application - Accessible Unit: NO - City of Portland Rental Criteria for Residency Applies: Yes - Property posted for rent on: 05/13/2026 OPEN APPLICATION PERIOD: This rental home is located in the City of Portland and will only accept applications on the date and time indicated by the screening company. Applications received before the open application period will receive an 8-hour penalty. To meet lease criteria, All Greenbridge Properties residents are invited to enroll in the Resident Benefits Package (RBP) that includes Credit Building, Rewards, & liability insurance for $25.95/month. To get the most out of the RBP residents can opt into our premium RBP package for $39.95/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program and much more! More details upon application. Pr.. |
Let's explore this property.
Amenities for L0533- C - Reed Place Condos
Apartment Amenities
| Air Conditioning |
Appliances
| In-Unit Laundry | Washer and Dryer |
Building
| Cats OK | Dogs OK |
Other
| Pets Allowed at Owner Discretion | Up To Two Pets |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About L0533- C - Reed Place Condos
Welcome to Modern Living in Portland's Reed Neighborhood. Discover the perfect blend of style and comfort in these beautifully designed two-bedroom, one-and-a-half-bath townhomes. Thoughtfully crafted with contemporary finishes, each home features sophisticated wood-style flooring on the main level and soft carpeting upstairs for ultimate comfort. Flooded with natural light, the open-concept layout seamlessly connects the living, dining, and kitchen areas, ideal for everyday living and entertaining. The modern kitchen comes complete with stainless-steel appliances, microwave, and dishwasher. Stay comfortable year-round with air conditioning, and enjoy your own private patio, perfect for morning coffee or unwinding after a long day. What You'll Love: ✨ Open, Spacious Floor Plan ✨ Stylish Wood & Carpet Flooring ✨ Updated Kitchen with Modern Appliances ✨ Private Outdoor Patio ✨ Bright, Sun-Filled Interiors Nestled in Portland's sought-after Reed neighborhood, you're just moments from iconic spots like Pok Pok, Stumptown Coffee, and the eclectic shops along Hawthorne Boulevard. Enjoy outdoor adventures at nearby Mt. Tabor Park, or take advantage of quick freeway access to explore all that Portland has to offer. Your next home is waiting—schedule a tour today! Click the "request" or "schedule a tour" button to schedule a showing: Virtual or In-Person. Open Application period date and time specified by the screening company will be listed on the application page. If no time is listed, the unit is in the Open Application period. Follow this link to view our screening criteria to apply: https apply2 net GREEN?unit=ReedPlaceCondo5060 RENTAL TERMS: - Application Fee: $60 per financially responsible adult - Lease Term: 12 months - Last month's rent is due at the time of lease signing - The first month's rent is due at least three days before move-in - Pets: Cats and dogs are allowed with monthly pet rent. Breed restrictions apply. - Electric: The tenant is responsible for setting up the electric account. - Water/Sewer: Billed back based on occupancy and square footage. - Garbage: Billed back based on occupancy and square footage. -A/C: Yes (Mini Splits) - Parking: Street Only. - Renter's Liability Insurance for $100,000 required - No smoking or vaping allowed on premises - Move-in availability: Lease is required to begin within 15 days of submitting the application - Accessible Unit: NO - City of Portland Rental Criteria for Residency Applies: Yes - Property posted for rent on: 05/13/2026 OPEN APPLICATION PERIOD: This rental home is located in the City of Portland and will only accept applications on the date and time indicated by the screening company. Applications received before the open application period will receive an 8-hour penalty. To meet lease criteria, All Greenbridge Properties residents are invited to enroll in the Resident Benefits Package (RBP) that includes Credit Building, Rewards, & liability insurance for $25.95/month. To get the most out of the RBP residents can opt into our premium RBP package for $39.95/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program and much more! More details upon application. Pr..
L0533- C - Reed Place Condos is great 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 L0533- C - Reed Place Condos compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Reed
2-bedroom apartments at L0533- C - Reed Place Condos cost about 27% less than the average rent price for 2-bedroom apartments in Reed.
Median rents as of May 9 2026.
Reed
Portland
| Month | Median Rent |
|---|---|
| May 2024 | $1,475 |
| June 2024 | $1,477 |
| July 2024 | $1,488 |
| August 2024 | $1,495 |
| September 2024 | $1,496 |
| October 2024 | $1,495 |
| November 2024 | $1,459 |
| December 2024 | $1,472 |
| January 2025 | $1,443 |
| February 2025 | $1,425 |
| March 2025 | $1,415 |
| April 2025 | $1,400 |
| May 2025 | $1,401 |
| June 2025 | $1,422 |
| July 2025 | $1,404 |
| August 2025 | $1,420 |
| September 2025 | $1,406 |
| October 2025 | $1,399 |
| November 2025 | $1,399 |
| December 2025 | $1,395 |
| January 2026 | $1,392 |
| February 2026 | $1,395 |
| March 2026 | $1,397 |
| April 2026 | $1,398 |
| May 2026 | $1,395 |
| Month | Median Rent |
|---|---|
| April 2025 | $1,225 |
| May 2025 | $1,442 |
| March 2026 | $1,704 |
| April 2026 | $1,650 |
Affordability calculator
Can I afford to live at 5060 Se 38th Ave?
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
$86,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $86,000 annually to afford this 2-bedrooms monthly rent price of $2,150.
For more information on rent affordability, visit our rent calculator.
Schools near L0533- C - Reed Place Condos
Grout Elementary School
3119 se holgate blvd
portland, OR, 97202
K-5Public
B
Winterhaven School
3830 se 14th ave
portland, OR, 97202
K-8Public
A-
Rose City Park
2334 ne 57th ave
portland, OR, 97212
K-5Public
B+
Wheatley School
14030 ne sacramento st
portland, OR, 97230
K-12Public
Palisades World Language School
1500 greentree rd
lake oswego, OR, 97034
K-5Public
A+
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Internet available near L0533- C - Reed Place Condos
Getting around Portland near 5060 Se 38th Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 5060 Se 38th Ave, Portland
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
Explore the area around 5060 Se 38th Ave
Trader Joe's
4715 SE Cesar E Chavez Blvd
Safeway
4515 SE Woodstock Blvd
New Seasons Market
4500 SE Woodstock Blvd
Safeway
3930 SE Powell Blvd
Becker Jack Seafood Processing & Distributing Co
3380 SE Powell Blvd
Wyrd Leather & Mead
4515 SE 41st Ave
Wabi Woolens
4024 SE 28th Pl
TSC Apparel
4611 SE 26th Ave
Abrakazam
7104 SE 35th Ave
Wild Cactus Boutique
3638 SE Division St
Harder Day Coffee Co
4229 SE Woodstock Blvd
Starbucks
4515 SE Woodstock Blvd
Ardent Coffee
5120 SE 28th Ave
Marigold Coffee Cafe
2815 SE Holgate Blvd
Starbucks
3623 SE Powell Blvd
Gladstone Street Pub
3737 SE Gladstone St
Lutz Tavern
4639 SE Woodstock Blvd
Ship Ahoy Tavern
2889 SE Gladstone St
Hopworks Urban Brewery
2944 SE Powell Blvd
Devels Point
5305 SE Foster Rd
Portland Fish Market
4404 SE Woodstock Blvd
Grand Central Bakery
4412 SE Woodstock Blvd
Tortilleria Y Tienda De Leon's
4512 SE 28th Ave
Lauretta Jena's LLC
3928 SE 48th Ave
Pacific Fish & Oyster
3380 SE Powell Blvd
Cafe Rowan
4437 SE Cesar E Chavez Blvd
Hapa PDX Ramen
3848 SE Gladstone St
Woodstock Wine & Deli
4030 SE Woodstock Blvd
Laughing Planet
4110 SE Woodstock Blvd
Tom Yum Thai Cuisine
4309 SE Woodstock Blvd
SE Cesar Chavez Blvd / Raymond
Cesar Chavez / Lombard
SE Cesar Chavez Blvd / Raymond
Cesar Chavez / Lombard
SE Cesar Chavez Blvd / Steele
Cesar Chavez / Lombard
SE Steele / Cesar Chavez Blvd
Harold St
SE Steele / Cesar Chavez Blvd
Harold St
SE Bybee Blvd MAX Station
MAX Orange Line
SE Bybee Blvd MAX Station
MAX Orange Line
SE 17th Ave / Holgate Blvd MAX Station
MAX Orange Line
SE 17th Ave / Holgate Blvd MAX Station
MAX Orange Line
SE 17th Ave / Rhine St MAX Station
MAX Orange Line
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