Highlights
- Professionally managed
- Upgraded cabinetry
- Clean, modern finishes
Location
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Nearby rentals
Property management
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Cha-Ray Apartments has a strong overall rating of 8.3, supported by excellent marks for price, amenities, and location. It also offers professionally managed service, upgraded cabinetry, and clean, modern finishes, while nearby grocery and public transportation options are available within a few miles.
Things you’ll love
| 1BR/1.0BA | 1 bed | 1 bath | 690 sqft | $1,499 /mo | 1 unit available | ENERGY-EFFICIENT MINI-SPLIT HEAT PUMP WITH A/C & HEAT – SAVE ON YOUR ENERGY BILLS! Welcome to Cha-Ray Apartments, where comfort, convenience, and affordability come together in a great Portland location. For a limited time, receive $500 off your first month's rent! This inviting 1-bedroom, 1-bathroom apartment features a high-efficiency Mini-Split Heat Pump that provides both air conditioning and heating while using less energy than traditional systems—keeping you comfortable year-round and helping reduce your monthly utility costs. Conveniently located near shopping, restaurants, public transportation, and major freeways, Cha-Ray Apartments offers easy access to everything Portland has to offer. Apartment Features High-Efficiency Mini-Split Heat Pump Air Conditioning Heating Energy-Efficient Comfort Lower Utility Costs Spacious 1 Bedroom / 1 Bathroom Floor Plan In-Unit Laundry Dedicated On-Site Parking Community Amenities $500 Off First Month's Rent Online Resident Portal & Secure Online Payments Easy Access to Major Freeways Minutes from Shopping, Dining & Everyday Essentials Located within the Portland School District Don't miss this opportunity to enjoy a comfortable, energy-efficient home in a convenient location. Contact us today to schedule your tour! Photos are of a similar unit and may not represent the exact apartment available. Floor plans, finishes, and features may vary. APPLY NOW OR CONTACT AGENT FOR MORE INFORMATION! View all of our available rentals or apply online at poisedproperties. com Security deposit is equal to one month’s rent. Conditional approval may require an additional half-month’s rent deposit and/or a co-signer. Total household income of at least 2.5x the stated rent is required. Dwelling unit does not qualify as a “Type A Unit” (accessible unit) per Oregon Structural Building Code. Application is not considered complete until receipt of the $55 non-refundable application fee (plus convenience fee where applicable) and required documents. Terms and conditions apply—please contact us for details. By applying, you confirm you have reviewed the listing and our screening criteria. City of Portland – 72-Hour Rule This listing was first posted on 05/28/2026 9:25 PM We will begin accepting and processing applications no earlier than 05/31/2026 9:25 PM Applications submitted before this time will be held and processed only after all on-time applications have been reviewed |
Let's explore this property.
Appliances
| Dishwasher |
Building
| Onsite Laundry |
Grounds
| Assigned Parking |
Services
| Garbage | Online Services |
Neighborhood
| Close to Freeway | Nearby Shopping |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Units | 15 |
|---|
ENERGY-EFFICIENT MINI-SPLIT HEAT PUMP WITH A/C & HEAT – SAVE ON YOUR ENERGY BILLS! Welcome to Cha-Ray Apartments, where comfort, convenience, and affordability come together in a great Portland location. For a limited time, receive $500 off your first month's rent! This inviting 1-bedroom, 1-bathroom apartment features a high-efficiency Mini-Split Heat Pump that provides both air conditioning and heating while using less energy than traditional systems—keeping you comfortable year-round and helping reduce your monthly utility costs. Conveniently located near shopping, restaurants, public transportation, and major freeways, Cha-Ray Apartments offers easy access to everything Portland has to offer. Apartment Features High-Efficiency Mini-Split Heat Pump Air Conditioning Heating Energy-Efficient Comfort Lower Utility Costs Spacious 1 Bedroom / 1 Bathroom Floor Plan In-Unit Laundry Dedicated On-Site Parking Community Amenities $500 Off First Month's Rent Online Resident Portal & Secure Online Payments Easy Access to Major Freeways Minutes from Shopping, Dining & Everyday Essentials Located within the Portland School District Don't miss this opportunity to enjoy a comfortable, energy-efficient home in a convenient location. Contact us today to schedule your tour! Photos are of a similar unit and may not represent the exact apartment available. Floor plans, finishes, and features may vary. APPLY NOW OR CONTACT AGENT FOR MORE INFORMATION! View all of our available rentals or apply online at poisedproperties. com Security deposit is equal to one month’s rent. Conditional approval may require an additional half-month’s rent deposit and/or a co-signer. Total household income of at least 2.5x the stated rent is required. Dwelling unit does not qualify as a “Type A Unit” (accessible unit) per Oregon Structural Building Code. Application is not considered complete until receipt of the $55 non-refundable application fee (plus convenience fee where applicable) and required documents. Terms and conditions apply—please contact us for details. By applying, you confirm you have reviewed the listing and our screening criteria. City of Portland – 72-Hour Rule This listing was first posted on 05/28/2026 9:25 PM We will begin accepting and processing applications no earlier than 05/31/2026 9:25 PM Applications submitted before this time will be held and processed only after all on-time applications have been reviewed
How Cha-Ray Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Cha-Ray Apartments cost about 19% more than the average rent price for 1-bedroom apartments in Cully.
| Month | Median Rent |
|---|---|
| July 2024 | $1,225 |
| 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 | $1,180 |
| July 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| May 2026 | $1,109 |
Can I afford to live at 5050 Ne Killingsworth St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$59,960/yr
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