3 Days Ago
Highlights
- Bike storage
- Storage unit
- 2 laundry rooms
Location
5026 Ne 31st Ave, Portland, OR 97211, USA|Concordia
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Property Overview
Regency Park Apartments offers convenient on-site perks like bike storage and two laundry rooms, along with strong nearby schooling options, including top-rated middle and high schools within about a mile. With a value per square foot in the 70th percentile for its area, it provides comparatively solid value in its local market.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- More space
- Middle school nearby
Floor plans
| Upper - Corner | 2 bed | 1 bath | 947 sqft | $1,850 /mo | 1 unit available | Take advantage of this charming 2-bedroom 1 bathroom corner unit located just off of Alberta. You will be close to shopping and restaurants such as, New Seasons, Walgreens, Pizza Jerk, Proud Mary Cafe and Great Nation Brewing. Located in the heart of the Alberta district near McMenamin's Kennedy School, Rose City Golf Course and numerous parks, such as Fernhill, Grant, Alberta and Wilshire Parks, with quick access to I-84, I-5 and HWY 99E. This property gives you the classic Portland style and will leave you falling in love with the elegant brick courtyard. You will be impressed with the hardwood floors throughout the unit, built in cabinets and the amount of natural light coming though the many windows. Additionally, this property provides a secured entry, 2 laundry rooms, and a storage unit, as well as bike storage for your convenience. Don't miss out on this great opportunity to be in the heart of Alberta's food scene and experience all that NE Portland has to offer!! Apply Today So You Can Experience Living in One of NE Portland's Hottest Neighborhoods!! (GS/VR) PLEASE NOTE: The open application period begins approximately 72 hours after the property has been posted. *Refer to the posting date below: Property Posted On: 05/12/26 @ 6:00PM PLEASE BE ADVISED: Applications that are submitted after the 72-hour waiting period will be processed on a first come first served basis. Any applications that are submitted prior to the open application period, will receive an additional 8 hour waiting period before their applications may be processed. |
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Amenities for Regency Park Apartments
Apartment Amenities
| Dining Room Area | Flooring Hardwood |
| Hardwood Floor |
Appliances
| Range | Refrigerator |
Building
| Non-Smoking | Onsite Laundry |
| Style: Upper |
Grounds
| Outdoor Space |
Services
| Laundry - Coin Op |
Other
| Heat: Electric Wall | Lease Term: 12 Months |
| Pets: Cats & Dogs Under 35 Lbs (Max 2) | Renters Insurance Required |
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
Building details
Property details
| Units | 16 |
|---|
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About Regency Park Apartments
Take advantage of this charming 2-bedroom 1 bathroom corner unit located just off of Alberta. You will be close to shopping and restaurants such as, New Seasons, Walgreens, Pizza Jerk, Proud Mary Cafe and Great Nation Brewing. Located in the heart of the Alberta district near McMenamin's Kennedy School, Rose City Golf Course and numerous parks, such as Fernhill, Grant, Alberta and Wilshire Parks, with quick access to I-84, I-5 and HWY 99E. This property gives you the classic Portland style and will leave you falling in love with the elegant brick courtyard. You will be impressed with the hardwood floors throughout the unit, built in cabinets and the amount of natural light coming though the many windows. Additionally, this property provides a secured entry, 2 laundry rooms, and a storage unit, as well as bike storage for your convenience. Don't miss out on this great opportunity to be in the heart of Alberta's food scene and experience all that NE Portland has to offer!! Apply Today So You Can Experience Living in One of NE Portland's Hottest Neighborhoods!! (GS/VR) PLEASE NOTE: The open application period begins approximately 72 hours after the property has been posted. *Refer to the posting date below: Property Posted On: 05/12/26 @ 6:00PM PLEASE BE ADVISED: Applications that are submitted after the 72-hour waiting period will be processed on a first come first served basis. Any applications that are submitted prior to the open application period, will receive an additional 8 hour waiting period before their applications may be processed.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.4
/10
ExcellentRegency Park Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Regency Park Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Regency Park Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Regency Park Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Regency Park Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 Regency Park Apartments compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- More space
- The 2-bedroom is 148 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Concordia
2-bedroom apartments at Regency Park Apartments cost about 36% less than the average rent price for 2-bedroom apartments in Concordia.
Median rents as of May 9 2026.
Concordia
Portland
| Month | Median Rent |
|---|---|
| May 2024 | $1,225 |
| June 2024 | $1,231 |
| July 2024 | $1,228 |
| 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 | $1,175 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,152 |
Affordability calculator
Can I afford to live at 5026 Ne 31st 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
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 2-bedrooms monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.
Schools near Regency Park Apartments
Vernon Elementary School
2044 ne killingsworth st
portland, OR, 97211
PK, K-8Public
B+
Rose City Park
2334 ne 57th ave
portland, OR, 97212
K-5Public
B+
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-
Washington State School for the Deaf
611 grand blvd
vancouver, WA, 98661
PK, K-12Public
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Internet available near Regency Park Apartments
Neighborhood
Concordia | Portland, OR
Getting around Portland near 5026 Ne 31st Ave
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
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 5026 Ne 31st Ave, Portland
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
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