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The Sovereign earns a strong overall rating, supported by competitive value, standout amenities, and a highly rated location, with trustworthy property details adding to its appeal. It also offers modern conveniences and distinctive character through wifi, stunning views, original tile flooring, unique floorplans, and a non-smoking building, while nearby coworking spaces, parks, transit, and dining support work, wellness, sustainability, and social life.
Things you’ll love
ElevatorOutdoor spaceGreat for
Social life
Eco living
Wellness| 0BR/1.0BA | Studio | 1 bath | 447+ sqft | $1,400–$1,455 /mo | 3 units available | Get your 1 Month Free with a 12 month lease! Circa 1922: Polished vintage style brought up to modern standards. 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. As with all our studios, this extra special apartment 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. This is one of our largest studio and features soaring 9 foot ceilings. Being a corner apartment, you'll have brilliant views from 2 sets of French door windows that open to the balconettes. Much has been updated; but the restyling only enhances the vintage features such as subway tile, deep tubs and pedestal sinks sitting upon coin flooring tile. This studio features a dressing room built in to provide a generous space for your wardrobe. WiFi is provided to each resident. This 8th Floor studio has an aerie view of downtown Portland. The lights of the theatre district up Broadway are enchanting at night. Overlooking the ornate steeple to the north is reminiscent of architecture in many cities of Europe. Lofty views to the east and south highlight the lovely Portland skyline. Every studio is unique with many different floorplans and views. Which one will be your favorite? 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. Apply Now Open application period: 3:00PM 02/24/2026 |
Let's explore this property.
Apartment Amenities
| Balcony | Juliette Balcony |
| Luxury Vinyl Tile | Tile Bath |
| View |
Appliances
| Microwave | Range |
| Refrigerator |
Tech
| Free WiFi | WiFi |
Building
| Bicycle Storage | Dressing Rooms |
| Elevator | Onsite Laundry |
Grounds
| Storage |
One-time.
One-time. Refund Policy: Refundable. Security Deposit.
Monthly.
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 40% more than the average rent price for studio apartments in Downtown Portland.
| Month | Median Rent |
|---|---|
| June 2024 | $1,230 |
| 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 | $1,187 |
| June 2026 | $1,175 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,108 |
| July 2024 | $1,090 |
| August 2024 | $1,089 |
| 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 | $999 |
Can I afford to live at 1207 Sw Broadway?
Bedrooms
StudioRent-to-income ratio
30%
$56,000/yr
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