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Gretchen Kafoury Commons offers an excellent overall experience, with an 8.3/10 expert rating and strong scores for value, trustworthiness, and an outstanding 10/10 amenities rating. Residents enjoy a peaceful retreat in a prime, walkable location with convenient freeway and public transit access, close to a highly rated high school, numerous parks, and a vibrant dining and social scene. The property is also recognized for its environmental sustainability, supported by extensive green spaces and on-site recycling or composting options.
Things you’ll love
Less expensiveHigh school nearbyDishwasherGreat for
Social life
Eco living| Studio 60% | Studio | 1 bath | 319 sqft | $900 /mo | 5 units available | Leasing Special!! Discover urban living at its finest at Gretchen Kafoury Commons—your ideal oasis in the heart of downtown Portland. Enjoy breathtaking views of the West Hills, Mt. Hood, and the vibrant city skyline, all while being steps away from the best Portland has to offer. With shopping, grocery stores, and fantastic restaurants nearby, convenience is at your fingertips. Getting around is easy with bus lines, MAX light rail, and the Portland Streetcar right outside your door. Plus, quick freeway access makes it simple to connect to everything the city has to offer. Whether you're looking for a lively community or a peaceful retreat, Gretchen Kafoury Commons has it all. Schedule a tour today—your new home awaits! Limited-Time Move-In Specials - May 2026! *No application fees! *Second Month Free! *No Security Deposit! *Homes available now — apply today! Leasing Office: 503-226-0600 Address: 1240 SW Columbia Street, Portland, OR 97201 Managed by: Pinehurst Management Waitlists: To apply for housing options at this property, please contact the leasing office directly. Nearby Schools: Chapman Elementary West Sylvan Middle School Lincoln High School Transportation Options: MAX Light Rail Portland Streetcar Bus Lines: #6, #15, #51 |
Let's explore this property.
Appliances
| Dishwasher | Oven |
| Refrigerator | Stove/Oven |
Building
| Controlled Access | Elevator |
| Onsite Laundry |
Grounds
| Courtyard | Outdoor Space |
Services
| 24 Hour Emergency Maintenance | Water, Sewer & Trash |
One-time.
| Units | 129 |
|---|
Discover urban living at its finest at Gretchen Kafoury Commons, your ideal oasis in the heart of downtown Portland. Enjoy stunning views of the West Hills, Mt. Hood, and the vibrant city skyline, all while having the best of Portland at your doorstep. With a prime location just steps away from shopping, grocery stores, and an array of fantastic restaurants, convenience is key. Transportation has never been simpler, with bus lines, MAX light rail, and the Portland Streetcar right outside your door. Plus, with easy freeway access, you can quickly connect to all that Portland has to offer. Whether you're seeking a vibrant community or a peaceful retreat, Gretchen Kafoury Commons has it all. Schedule a tour today—your new home awaits! Leasing Office: 503-226-0600 1240 SW Columbia Street, Portland, OR 97201 Managed by Pinehurst Management Waitlists: To apply for housing options at this property please contact the property directly. Schools: Chapman Elementary West Sylvan Middle School Lincoln High School Transportation: MAX light rail Portland Streetcar Bus #6, #15, #51
How Gretchen Kafoury Commons compares to other nearby properties.
Positives
Considerations
studio apartments at Gretchen Kafoury Commons cost about 10% less than the average rent price for studio apartments in Downtown Portland.
| Month | Median Rent |
|---|---|
| May 2024 | $1,220 |
| 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 | $1,163 |
| January 2026 | $1,147 |
| February 2026 | $1,152 |
| March 2026 | $1,195 |
| April 2026 | $1,185 |
| May 2026 | $1,175 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,051 |
| June 2024 | $1,060 |
| 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 | $995 |
Can I afford to live at 1240 Sw Columbia St?
Bedrooms
StudioRent-to-income ratio
30%
$36,000/yr
1445 nw 26th ave
portland, OR, 97210
3830 se 14th ave
portland, OR, 97202
2334 ne 57th ave
portland, OR, 97212
10740 ne walker rd ste b
hillsboro, OR, 97006
6960 sw sandburg st
tigard, OR, 97223
Downtown Portland | Portland, OR
Northwest District • 10 Nw 20th Ave
Studio–1 Bed
$875–$1,300
Downtown Portland • 1415 Sw Park Ave
Studio–1 Bed
$1,100–$1,250
Goose Hollow • 2386 W Burnside St
Studio–1 Bed
$995–$1,250
Downtown Portland • 1405 Sw Park Ave
Studio
$900–$1,075
Corbet - Terwilliger - Lair Hill • 2615 S Water Ave
Studio–2 Beds
$1,125–$1,775
Downtown Portland • 1717 Sw Park Ave
Studio–2 Beds
$1,019–$2,093
Northwest District • 10 Nw 20th Ave
Studio–1 Bed
$875–$1,300
Downtown Portland • 1415 Sw Park Ave
Studio–1 Bed
$1,100–$1,250
Goose Hollow • 2386 W Burnside St
Studio–1 Bed
$995–$1,250
Downtown Portland • 1405 Sw Park Ave
Studio
$900–$1,075
Corbet - Terwilliger - Lair Hill • 2615 S Water Ave
Studio–2 Beds
$1,125–$1,775
Downtown Portland • 1717 Sw Park Ave
Studio–2 Beds
$1,019–$2,093
