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The Sovereign earns a strong overall impression with an 8.3 Zumper Expert Rating, supported by standout scores for price, amenities, and location, plus a solid trustworthiness rating. It offers modern conveniences like wifi, pedestal sinks, subway tile, non-smoking living, and stunning views, while also standing out for walkability, nearby transit, parks, restaurants, and work-from-home conveniences.
Things you’ll love
ElevatorOutdoor spaceGreat for
Work-from-home
Eco living
Social life| 0BR/1.0BA | Studio | 1 bath | 456 sqft | $1,295 /mo | 1 unit available | It's tough to find a more unique building in downtown Portland. Originally built as an apartment hotel, the Sovereign has undergone a full renovation completed to restore the details and luster that was original in this 1922 beauty. Each studio has been meticulously styled with new cabinetry, quartz counters, stainless steel appliances and warm lighting. The plank styled flooring is complimented by warm paint tones and unique window treatments. You'll notice the spacious living areas and the soaring 9 foot ceilings; well lit by the French door windows that open to the balconettes. Much has been updated; but the restyling only enhances the Circa 1922 features such as subway tile, deep tubs and pedestal sinks atop coin tile flooring. WiFi is provided to each resident. Take one of the 2 elevators to the 5th floor to enjoy an aerie view. This view of the tree lined street will have you feeling like you have your own private garden as you watch theater goers on the streets below you. Reserve your urban Pied-a-Terre today! Approximate Sq. Footage. listed ~*~ Prices and availability may change without notice. Portland screening information may be found: https www portland gov phb rental-services application-and-screening GOOD FAITH ESTIMATE: Approximate number of units currently available, or that will be available in the foreseeable future, of the size and in the area requested by applicant is listed at www vcs-pm com availability For approximate number of applications previously accepted contact the property leasing office. Equal Opportunity Housing. Open Application Period: 07/18/2026 7PM Apply Now |
Let's explore this property.
Apartment Amenities
| Balcony | High Ceiling |
| High Ceilings | Juliette Balcony |
| Quartz Counters |
Tech
| WiFi |
Building
| Bike Storage | Dressing Rooms |
| Elevator | Limited Access Entry |
Grounds
| Storage |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 45 |
|---|
Built in 1922, the Sovereign embodies the grace and charm of a bygone era. A great deal of care was employed in the 2017 full restoration of this special building to add modern conveniences important for today's lifestyle. Rising 9 stories above Portland's Theater district, these studios reveal stunning views of the neighborhood which are different from every window. Located in Southwest Downtown, the Sovereign adjoins the famed Oregon Historic Society where you have free admission as a Sovereign resident. Just a block away is the Art Museum and the SW Park Blocks. Adjacent to the building is the Antoinette Hatfield Hall. But the real draw is the delectable Caffe Umbria just inside Sovereign's lobby. Grab an authentic cappuccino and peruse the Poor Mouchette jewelry boutique or saucy Hi Books on the ground floor of the building. Stepping into the lobby you will find time has been reversed to the 1920's as great care has been taken to restore this area very close to it's original appearance. Original tile flooring and lighting make the area glow with a lovely ambience. Take the brass trimmed elevator up to the lofty floors where you can choose from one of the nine floor plans available to suit every taste. Let The Sovereign welcome you home! Offering 12 month leases or a flexible month to month term with additional premium. Non-Smoking building. Sorry, pets are not permitted. Utitlity charge of $100 toward water/sewer/garbage/hot water/heat/ electricity. Free WiFi.
How The Sovereign compares to other nearby properties.
Positives
Considerations
studio apartments at The Sovereign cost about 25% more than the average rent price for studio apartments in Downtown Portland.
| Month | Median Rent |
|---|---|
| August 2024 | $1,222 |
| 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 | $1,187 |
| June 2026 | $1,180 |
| July 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,086 |
| September 2024 | $1,103 |
| October 2024 | $1,102 |
| November 2024 | $1,119 |
| December 2024 | $1,149 |
| January 2025 | $1,087 |
| February 2025 | $1,043 |
| March 2025 | $996 |
| April 2025 | $1,003 |
| May 2025 | $1,014 |
| June 2025 | $1,042 |
| July 2025 | $1,100 |
| August 2025 | $1,073 |
| September 2025 | $1,083 |
| October 2025 | $1,048 |
| November 2025 | $1,002 |
| December 2025 | $975 |
| January 2026 | $1,000 |
| February 2026 | $1,002 |
| March 2026 | $997 |
| April 2026 | $989 |
| May 2026 | $998 |
| June 2026 | $1,031 |
| July 2026 | $1,044 |
Can I afford to live at 1207 Sw Broadway?
Bedrooms
StudioRent-to-income ratio
30%
$51,800/yr
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