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The Olson Building features modern luxury and timeless charm, with notable amenities such as private balconies, in-unit laundry, and a 3D virtual tour. Zumper rates the property highly across various categories, achieving an overall score of 8.5 out of 10, with exceptional marks for amenities and value. Its prime location near top-rated schools and multiple pet services adds to its appeal, making it a compelling option for renters seeking quality and convenience.
Things you’ll love
More spaceHigh school nearbyMiddle school nearbyGreat for
Pet owners| 1BR/1.0BA | 1 bed | 1 bath | 506+ sqft | $1,675–$2,150 /mo | 6 units available | **Autumn Move-In Special!!! $99 move-in special for new applicants who apply and get approved during the month of September** (On Approved Credit) PROPERTY ADDRESS: 920 7th Street - Unit 205 Oregon City, OR 97045 COUNTY: Clackamas County COMMUNITY: APPROX. Sq. Ft. 510 BEDROOMS: 1 BATHROOMS: 1 LEASE TERMS: 12 Month+ SCREENING CHARGE: $55 per adult A separate check is required for screening charges DESCRIPTION: Welcome to The Olson, a brand-new apartment community nestled in the heart of Oregon City, where modern luxury meets timeless charm. Located just blocks from the scenic Willamette River and the breathtaking Canemah Bluff Nature Park, our thoughtfully designed residences offer the perfect blend of comfort, style, and convenience. Step inside your new home and discover high-end finishes, top-of-the-line appliances, and the ease of in-unit laundry. Select homes feature private balconies or patios, ideal for unwinding with a morning coffee or evening sunset. Enjoy year-round comfort with air conditioning and heat, while soundproof flooring and soft-close cabinetry add an extra touch of refinement to your living space. Beyond your front door, The Olson offers two beautifully designed communal outdoor patios, perfect for soaking up the sun or connecting with neighbors. When you’re ready to explore, you’ll find yourself just steps from charming local restaurants - including the Corner 14 Foodcarts, cozy coffee shops, and the neighborhood library—offering all the conveniences of city living with a welcoming, small-town feel. Be among the first to call The Olson home and experience the best of modern living in a historic setting. Schedule your tour today! Elementary School: Candy Lane Elementary School Middle School: Gardiner Middle School High school: Oregon City High School HEAT: Electric APPLIANCES: Dishwasher, Garbage Disposal, Microwave, Hood over the Oven/Range, Washer/Dryer AMENITIES: Surface Parking Lot, Bike parking, Secured Entry, and a Small Rooftop Patio Area, close to the 99E Utilities Included: None Pet Policy: Pets are welcome with a $250 deposit per pet and $25 monthly pet rent Vehicle Restrictions: One off street parking spot Special Terms: No Smoking on the premises. Residents are required to have renter's insurance and provide a copy. Feel free to view this home through our 3D Virtual Tour: https my matterport com show ?m=LR8633BfGkf INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. In compliance with FAIR Ordinance please click this link for further information, screening criteria, and applicant's rights and responsibilities https www illumepm com prospective-residents |
Let's explore this property.
Apartment Amenities
| Balcony | Corner Lot |
| Corner/End Unit | Hardwood Floor |
| High Ceiling | High Ceilings |
| Laminate Wood Flooring | South Facing View |
| Utilities Included |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Oven | Oven/Range |
| Range | Stainless Steel Appliances |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
Services
| ADA |
Neighborhood
| Close to Restaurants |
| Allowed | Â |
|---|---|
| Limit | 1 |
| Allowed | Â |
|---|---|
| Limit | 1 |
| Units | 13 |
|---|
**Autumn Move-In Special!!! $99 move-in special for new applicants who apply and get approved during the month of September** (On Approved Credit) PROPERTY ADDRESS: 920 7th Street - Unit 205 Oregon City, OR 97045 COUNTY: Clackamas County COMMUNITY: APPROX. Sq. Ft. 510 BEDROOMS: 1 BATHROOMS: 1 LEASE TERMS: 12 Month+ SCREENING CHARGE: $55 per adult A separate check is required for screening charges DESCRIPTION: Welcome to The Olson, a brand-new apartment community nestled in the heart of Oregon City, where modern luxury meets timeless charm. Located just blocks from the scenic Willamette River and the breathtaking Canemah Bluff Nature Park, our thoughtfully designed residences offer the perfect blend of comfort, style, and convenience. Step inside your new home and discover high-end finishes, top-of-the-line appliances, and the ease of in-unit laundry. Select homes feature private balconies or patios, ideal for unwinding with a morning coffee or evening sunset. Enjoy year-round comfort with air conditioning and heat, while soundproof flooring and soft-close cabinetry add an extra touch of refinement to your living space. Beyond your front door, The Olson offers two beautifully designed communal outdoor patios, perfect for soaking up the sun or connecting with neighbors. When you’re ready to explore, you’ll find yourself just steps from charming local restaurants - including the Corner 14 Foodcarts, cozy coffee shops, and the neighborhood library—offering all the conveniences of city living with a welcoming, small-town feel. Be among the first to call The Olson home and experience the best of modern living in a historic setting. Schedule your tour today! Elementary School: Candy Lane Elementary School Middle School: Gardiner Middle School High school: Oregon City High School HEAT: Electric APPLIANCES: Dishwasher, Garbage Disposal, Microwave, Hood over the Oven/Range, Washer/Dryer AMENITIES: Surface Parking Lot, Bike parking, Secured Entry, and a Small Rooftop Patio Area, close to the 99E Utilities Included: None Pet Policy: Pets are welcome with a $250 deposit per pet and $25 monthly pet rent Vehicle Restrictions: One off street parking spot Special Terms: No Smoking on the premises. Residents are required to have renter's insurance and provide a copy. Feel free to view this home through our 3D Virtual Tour: https my matterport com show ?m=LR8633BfGkf INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. In compliance with FAIR Ordinance please click this link for further information, screening criteria, and applicant's rights and responsibilities https www illumepm com prospective-residents
How Olson Building compares to other nearby properties.
Positives
1-bedroom apartments at Olson Building cost about 19% more than the average rent price for 1-bedroom apartments in McLoughlin.
| Month | Median Rent |
|---|---|
| September 2023 | $1,325 |
| October 2023 | $1,328 |
| November 2023 | $1,362 |
| December 2023 | $1,395 |
| January 2024 | $1,397 |
| February 2024 | $1,423 |
| March 2024 | $1,439 |
| April 2024 | $1,433 |
| May 2024 | $1,349 |
| June 2024 | $1,345 |
| July 2024 | $1,360 |
| August 2024 | $1,353 |
| September 2024 | $1,319 |
| October 2024 | $1,306 |
| November 2024 | $1,362 |
| December 2024 | $1,384 |
| January 2025 | $1,464 |
| February 2025 | $1,420 |
| March 2025 | $1,396 |
| April 2025 | $1,370 |
| May 2025 | $1,350 |
| June 2025 | $1,338 |
| July 2025 | $1,401 |
| August 2025 | $1,406 |
| September 2025 | $1,428 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,350 |
| December 2023 | $1,375 |
| January 2024 | $1,356 |
| February 2024 | $1,450 |
| March 2024 | $1,445 |
| April 2024 | $1,416 |
| June 2024 | $1,389 |
| July 2024 | $1,336 |
| August 2024 | $1,253 |
| September 2024 | $1,274 |
| October 2024 | $1,325 |
| November 2024 | $1,372 |
| December 2024 | $1,395 |
| March 2025 | $1,461 |
| April 2025 | $1,402 |
| May 2025 | $1,359 |
| June 2025 | $1,361 |
| July 2025 | $1,401 |
| August 2025 | $1,399 |
| September 2025 | $1,412 |
Can I afford to live at 617 Monroe St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$67,000/yr
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$1,675–$1,830
Raleigh Hills • 3737 Sw 87th Ave
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$1,525–$1,630
Tigard Neighborhood Area 5 • 11740 Sw 72nd Ave
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$1,525–$1,895
Tigard Neighborhood Area 6 • 9800 Sw Frewing St
2 Beds
$1,399–$1,600
Gladstone • 19739 River Rd
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$1,515–$1,835
Central Beaverton • 12625 Sw Colony Ln
2 Beds
$1,699–$1,850
Sellwood - Moreland • 1721 Se Tacoma St
Studio–2 Beds
$1,200–$1,695
Tigard Neighborhood Area 2 • 10960 Sw Springwood Dr
1–2 Beds
$1,675–$1,830
Raleigh Hills • 3737 Sw 87th Ave
1–2 Beds
$1,525–$1,630
Tigard Neighborhood Area 5 • 11740 Sw 72nd Ave
Studio–1 Bed
$1,525–$1,895
Tigard Neighborhood Area 6 • 9800 Sw Frewing St
2 Beds
$1,399–$1,600
Gladstone • 19739 River Rd
1–2 Beds
$1,515–$1,835
Central Beaverton • 12625 Sw Colony Ln
2 Beds
$1,699–$1,850
