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The Monterey is highly rated with an overall score of 8.9, reflecting its outstanding balance of price and value, exceptional amenities, and prime urban location. Its notable features, such as new flooring and a shared laundry room, enhance its appeal. Additionally, the property offers excellent options for pet lovers and those seeking wellness, coworking spaces, and access to nearby schools, contributing to a well-rounded living experience.
Things you’ll love
Elementary school nearbyMiddle school nearbyGreat for
Pet owners
Wellness
Work-from-home| 0BR/1.0BA | Studio | 1 bath | 435 sqft | $1,395 /mo | 1 unit available | Welcome to The Monterey - a two story, 14 unit complex with both studios and one bedrooms! Built in 1924, in the heart of East Portland, The Monterey is conveniently located in the 7th most walkable neighborhood in Portland. With a shared laundry room in the basement and ample rentable storage units, The Monterey has the amenities you are looking for! Your new home has ample natural light, fresh paint, and new flooring, with all the charm it was built with. Come see for yourself today! The neighborhood of Kerns has a bike score of 100 and a 93 Walk score - even called "a walkers paradise." This urban neighborhood is a thriving industrial and commercial hub with plenty of niceties for residents to enjoy within walking distance of their homes. Along with housing several warehouse and corporate offices, Kerns has music stores, bike shops, art supply stores, diverse eateries, gourmet grocery stores, and some of the city’s best breweries. Pets Ok. 2 cats or 1 small/medium dog (On basis of meet and greet, large dog possible, please inquire). Additional pet deposit required ($100 per pet). Plus $25/mo pet rent per pet. Electric, internet and gas is responsibility of tenant. Garbage, sewage and water are covered by us. Our leases are 9 months, or 11 months. Deposit is $1,200. Screening process: Applications will be considered on an individual basis and within accordance with City, State, and Federal regulations. During the screening process we will consider the following factors: • Previous rental history • Personal income and resources • Public and criminal records of the applicant • Credit Reports • Credit References • Character References • Additional information provided for context We are happy to work with applicants in need of ADA accommodations and can arrange for mobility accessible units. Differently abled applicants are prioritized first in mobility accessible units when there is an applicant waitlist. We align our screening criteria with all local and state regulations and are happy to help current and future residents with any questions. Portland’s Application and Screening Brochure covers all requirements for landlords and tenants; the Administrative Rule Packet provides the detailed revisions, effective March 1st, 2020. Call Molly 971-220-8419 today! |
Let's explore this property.
Apartment Amenities
| Air Conditioning |
Appliances
| Central A/C |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 14 |
|---|
Welcome to The Monterey - a two story, 14 unit complex with both studios and one bedrooms! Built in 1924, in the heart of East Portland, The Monterey is conveniently located in the 7th most walkable neighborhood in Portland. With a shared laundry room in the basement and ample rentable storage units, The Monterey has the amenities you are looking for! Your new home has ample natural light, fresh paint, and new flooring, with all the charm it was built with. Come see for yourself today! The neighborhood of Kerns has a bike score of 100 and a 93 Walk score - even called "a walkers paradise." This urban neighborhood is a thriving industrial and commercial hub with plenty of niceties for residents to enjoy within walking distance of their homes. Along with housing several warehouse and corporate offices, Kerns has music stores, bike shops, art supply stores, diverse eateries, gourmet grocery stores, and some of the city’s best breweries. Pets Ok. 2 cats or 1 small/medium dog (On basis of meet and greet, large dog possible, please inquire). Additional pet deposit required ($100 per pet). Plus $25/mo pet rent per pet. Electric, internet and gas is responsibility of tenant. Garbage, sewage and water are covered by us. Our leases are 9 months, or 11 months. Deposit is $1,200. Screening process: Applications will be considered on an individual basis and within accordance with City, State, and Federal regulations. During the screening process we will consider the following factors: • Previous rental history • Personal income and resources • Public and criminal records of the applicant • Credit Reports • Credit References • Character References • Additional information provided for context We are happy to work with applicants in need of ADA accommodations and can arrange for mobility accessible units. Differently abled applicants are prioritized first in mobility accessible units when there is an applicant waitlist. We align our screening criteria with all local and state regulations and are happy to help current and future residents with any questions. Portland’s Application and Screening Brochure covers all requirements for landlords and tenants; the Administrative Rule Packet provides the detailed revisions, effective March 1st, 2020. Call Molly 971-220-8419 today!
How The Monterey compares to other nearby properties.
Positives
Considerations
studio apartments at The Monterey cost about 9% more than the average rent price for studio apartments in Kerns.
| Month | Median Rent |
|---|---|
| December 2023 | $1,200 |
| January 2024 | $1,205 |
| February 2024 | $1,195 |
| March 2024 | $1,197 |
| April 2024 | $1,198 |
| May 2024 | $1,213 |
| June 2024 | $1,231 |
| 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 | $1,174 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,239 |
| January 2024 | $1,230 |
| February 2024 | $1,218 |
| March 2024 | $1,232 |
| April 2024 | $1,271 |
| May 2024 | $1,265 |
| June 2024 | $1,275 |
| July 2024 | $1,265 |
| August 2024 | $1,251 |
| September 2024 | $1,221 |
| October 2024 | $1,204 |
| November 2024 | $1,174 |
| December 2024 | $1,205 |
| January 2025 | $1,208 |
| February 2025 | $1,228 |
| March 2025 | $1,294 |
| April 2025 | $1,323 |
| May 2025 | $1,312 |
| June 2025 | $1,294 |
| July 2025 | $1,307 |
| August 2025 | $1,210 |
| September 2025 | $1,210 |
| October 2025 | $1,217 |
| November 2025 | $1,266 |
| December 2025 | $1,275 |
Can I afford to live at 635 Northeast 23rd Avenue?
Bedrooms
StudioRent-to-income ratio
30%
$55,800/yr
320 se 16th ave
portland, OR, 97214
3830 se 14th ave
portland, OR, 97202
South Tabor • 7123 Southeast Powell Boulevard
1 Bed
$1,300–$1,400
Sellwood - Moreland • 1721 Southeast Tacoma Street
Studio–1 Bed
$1,100–$1,325
Fircrest • 11301 Northeast 7th Street
Studio–1 Bed
$1,325–$1,475
Lloyd District • 304 Northeast Multnomah Street
Studio–1 Bed
$1,299–$1,875
Northwest District • 10 Northwest 20th Avenue
Studio–1 Bed
$1,000–$1,250
Rockwood • 10 Northeast 162nd Avenue
1 Bed
$1,175
Homestead • 1311 Southwest Gibbs Street
Studio–1 Bed
$1,235–$1,695
Fisher's Landing East • 16506 Southeast 29th Street
1 Bed
$1,550
South Tabor • 7123 Southeast Powell Boulevard
1 Bed
$1,300–$1,400
Sellwood - Moreland • 1721 Southeast Tacoma Street
Studio–1 Bed
$1,100–$1,325
Fircrest • 11301 Northeast 7th Street
Studio–1 Bed
$1,325–$1,475
Lloyd District • 304 Northeast Multnomah Street
Studio–1 Bed
$1,299–$1,875
Northwest District • 10 Northwest 20th Avenue
Studio–1 Bed
$1,000–$1,250
Rockwood • 10 Northeast 162nd Avenue
1 Bed
$1,175
Homestead • 1311 Southwest Gibbs Street
Studio–1 Bed
$1,235–$1,695
Fisher's Landing East • 16506 Southeast 29th Street
1 Bed
$1,550
