Zumper
modified
Updated 11 Hours Ago

Highlights

  • Pet Friendly
  • Professionally managed
  • Contemporary finishes
  • Well-planned layouts
  • Welcoming community environment
  • Refined living experience
  • Easy access

Location

253 N Broadway, Portland, OR 97227, USA|Eliot
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Contact

Management

Quantum Residential Inc.

Leasing office

(503) 917-5170

Property Overview

Paramount Apartments offers a strong overall rental experience, with an 8.8 Zumper expert rating, excellent value, and standout marks for amenities, location, and trustworthiness. Its professionally managed setting, contemporary finishes, and well-planned layouts support a refined living experience, while easy access, transit options, walkability, and nearby dining, fitness, and green spaces add everyday convenience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Paramount Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Paramount Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Elevator
  • Extra storage

Great for

  • Social life
  • Wellness
  • Work-from-home

Floor plans

StudioStudio1 bath$1,123 /mo4 units available
One Bedroom A1 bed1 bath$995–$1,095 /mo
One Bedroom B1 bed1 bath$1,209 /mo

Let's explore this property.

Amenities for Paramount Apartments

Apartment Amenities

Air ConditioningCeiling Fan
Large Window with Natural LightUtilities Included
Window Coverings

Appliances

Refrigerator

Building

Cats OKControlled Access
Dogs OKElevator
Indoor Bicycle StorageOnsite Laundry

Grounds

CourtyardGate
Outdoor SpaceStorage

Services

On-Site Maintenance
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

Cat Policy

Allowed

Questions about this property’s policies and fees?

Building details

Property details

Units66

About Paramount Apartments

HomeApartments in PortlandEliot Paramount Apartments

Paramount Apartments offers a refined living experience that blends comfort, convenience, and modern simplicity. Designed with everyday living in mind, the apartment homes feature well-planned layouts, contemporary finishes, and inviting spaces that support both relaxation and functionality. Ideally located near shopping, dining, and key transit routes, Paramount Apartments provides residents with easy access to everything they need while maintaining a comfortable, residential atmosphere. Whether commuting, running errands, or enjoying nearby amenities, convenience is always within reach. Professionally managed and carefully maintained, Paramount Apartments is committed to delivering a high standard of living in a welcoming community environment. It’s an ideal choice for those seeking a balance of quality, accessibility, and dependable apartment living.


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Paramount Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Paramount Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Paramount Apartments
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.
Paramount 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.
Paramount 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—pets allowed—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.
Paramount 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·6A 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.
While Paramount Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Paramount Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Paramount Apartments is great for:

Social life

  • Areas nearby are accessible by walking
  • 353 restaurants within 1 mile of this property
  • The area has transit options
  • 88 theaters, music venues, or sports arenas nearby

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • 52 gyms or yoga centers nearby
  • 6 farmers markets or health food stores nearby

Work-from-home

  • Large windows for natural lighting
  • Utilities included in the rent
  • 10 coworking spaces or cafes within 1 mile
  • Quiet environment with little noise pollution

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 Paramount Apartments compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elevator
Improved accessibility features
Extra storage
In-unit features
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building

Considerations

Distance from transit
More than 4.1 miles from public transportation
Distance from grocery stores
The nearest grocery store is 4.7 miles away

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Rent trends in Eliot

Studio apartments at Paramount Apartments cost about 12% less than the average rent price for studios in Eliot.

1-bedroom apartments here are priced 26% lower than 1-bedrooms in Eliot.

Median rents as of Oct 17 2026.
Eliot
Portland
A table of studio rental data trends in Portland
MonthMedian Rent
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
August 2026$1,182
September 2026$1,155
October 2026$1,170
A table of studio rental data trends in Eliot
MonthMedian Rent
November 2024$1,149
December 2024$1,149
January 2025$1,127
February 2025$1,100
March 2025$1,093
April 2025$1,103
May 2025$1,087
June 2025$1,108
July 2025$1,106
August 2025$1,110
September 2025$1,136
October 2025$1,135
November 2025$1,147
December 2025$1,096
January 2026$1,096
February 2026$1,102
March 2026$1,119
April 2026$1,126
May 2026$1,131
June 2026$1,161
July 2026$1,157
August 2026$1,144
September 2026$1,303
October 2026$1,294

Affordability calculator

Can I afford to live at 253 N Broadway?

Bedrooms

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

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this studio monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.

Schools near Paramount Apartments

Boise-Eliot Elementary School

620 n fremont

portland, OR, 97227

PK, K-5Public
C

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+

Washington State School for the Deaf

611 grand blvd

vancouver, WA, 98661

PK, K-12Public

Functional Living Skills Program

11611 ne ainsworth cir

portland, OR, 97220

K-12Public
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Getting around Portland near 253 N Broadway

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 253 N Broadway, Portland

Groceries

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

Shopping

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

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

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

High schools

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

Parks

8/10
Large amount of park space nearby

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

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