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The Olson Building rates highly across multiple dimensions, with an 8.5 overall from Zumper indicating strong appeal to renters. Its competitive pricing (9/10) and impressive amenities (10/10) enhance its attractiveness, while a 9/10 location rating ensures convenient access to essential services. Notable features like private balconies, modern luxury finishes, and proximity to top-rated schools further underscore its desirability, particularly for those with pets, given the nearby pet services available.
Things you’ll love
High school nearbyMiddle school nearbyImages AvailableGreat for
Pet owners| 1BR/1.0BA | 1 bed | 1 bath | 506+ sqft | $1,675–$2,150 /mo | 6 units available | **No Rent until December 2025 move-in special, for approved new applicants who apply for a 12-month lease** (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: Max number of pets per home: 2; Pet deposit fee per pet: $300; Pet monthly rent per pet: $30 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 OBLIGO OPTION: Avoid Paying a Cash Deposit – Qualify for FolioGuard by Obligo’s Deposit-Free Move-In! Interested in keeping more money in your pocket at move-in? We’re pleased to offer you the option to qualify for a deposit-free move-in with Obligo. This simple and fast process could save you the hassle and upfront cost of a traditional cash deposit. For more information and to see if you qualify, copy & paste this link into your browser: https go myobligo com illume-application RENTAL QUALIFICATIONS: To find the full rental criteria for properties in the City of Portland: https www illumepm com pdf City%20of%20PDX%20Standard%20Criteria%20(1) pdf To find the full rental criteria for properties outside of the City of Portland in Oregon: https www illumepm com pdf Rental%20Application%20(not%20for%20City%20of%20Portla.. |
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 |
Questions about this property’s policies and fees?
| Units | 13 |
|---|
**No Rent until December 2025 move-in special, for approved new applicants who apply for a 12-month lease** (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: Max number of pets per home: 2; Pet deposit fee per pet: $300; Pet monthly rent per pet: $30 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 OBLIGO OPTION: Avoid Paying a Cash Deposit – Qualify for FolioGuard by Obligo’s Deposit-Free Move-In! Interested in keeping more money in your pocket at move-in? We’re pleased to offer you the option to qualify for a deposit-free move-in with Obligo. This simple and fast process could save you the hassle and upfront cost of a traditional cash deposit. For more information and to see if you qualify, copy & paste this link into your browser: https go myobligo com illume-application RENTAL QUALIFICATIONS: To find the full rental criteria for properties in the City of Portland: https www illumepm com pdf City%20of%20PDX%20Standard%20Criteria%20(1) pdf To find the full rental criteria for properties outside of the City of Portland in Oregon: https www illumepm com pdf Rental%20Application%20(not%20for%20City%20of%20Portla..
How Olson Building compares to other nearby properties.
Positives
1-bedroom apartments at Olson Building cost about 20% more than the average rent price for 1-bedroom apartments in McLoughlin.
| Month | Median Rent |
|---|---|
| November 2023 | $1,366 |
| 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 | $1,402 |
| October 2025 | $1,395 |
| 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 | $1,406 |
| October 2025 | $1,399 |
Can I afford to live at 617 Monroe St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$67,000/yr
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Sellwood - Moreland • 1721 Se Tacoma St
1 Bed
$1,165–$1,325
Sellwood - Moreland • 1260 Se Lambert St
1 Bed
$1,495–$1,650
Central Beaverton • 12520 Sw Gem Ln
1–2 Beds
$1,350–$1,750
Bridlemile • 6035 Sw Beaverton Hillsdale Hwy
2 Beds
$1,650
Sellwood - Moreland • 1674 Se Lambert St
1 Bed
$2,095–$2,595
Ardenwald • 3236 Se Harvey St
2 Beds
$1,650–$1,695
Creston - Kenilworth • 5151 Se Holgate Blvd
Studio–2 Beds
$1,223–$2,050
