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WATER1566* - A presents an attractive living option with a Zumper expert rating of 8.4, highlighting its competitive pricing and strong value for its amenities and location, which received ratings of 10 and 9, respectively. The property features a spacious living room, an updated kitchen, off-street parking, and shared onsite laundry, all within close proximity to highly rated schools. Additionally, it's pet-friendly, supported by nearby pet facilities, enhancing its appeal for pet owners.
Things you’ll love
Elementary school nearbyLess expensiveHigh school nearbyGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $995 /mo | 2 units available | Visit our website to apply and view other homes we have available! RentPortlandHomesProfessionals. com Newly updated studios in an incredible location just off SW Corbett! Updated kitchen with modern finishes and appliances. Spacious living room and separated sleeping area. Great layout, and excellent storage. Shared laundry onsite and off-street parking available. Extremely accessible location - minutes to OSHU, South Waterfront, downtown, PSU. Pet friendly! $80/month charge for water/sewer/garbage, tenants pay electric/cable $50/month for assigned parking Pet Friendly Pets: Small pets OKAY! Pet Deposit/Rent: $500 pet deposit per pet & $50 pet rent per pet each month. 15 - 18 Month Leases Preferred. Listing posted: 10/06/2025 at 10:00 am Open Application Period Begins: 10/09/2025 at 10:00 am Screening Criteria: City of Portland https portlandrentalmanagement com rental-criteria-screening-criteria-for-portland-multnomah-county-area-fair A $55 nonrefundable screening fee will be required for each applicant. Security Deposit: Equal to one months rent, depending on credit screening. Do you need property management services? Maximize your income and cut your costs! www rentportlandhomesprofessionals com YouTube Video URL -- |
Let's explore this property.
Appliances
| Range | Refrigerator |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 21 |
|---|
Visit our website to apply and view other homes we have available! RentPortlandHomesProfessionals. com Newly updated studios in an incredible location just off SW Corbett! Updated kitchen with modern finishes and appliances. Spacious living room and separated sleeping area. Great layout, and excellent storage. Shared laundry onsite and off-street parking available. Extremely accessible location - minutes to OSHU, South Waterfront, downtown, PSU. Pet friendly! $80/month charge for water/sewer/garbage, tenants pay electric/cable $50/month for assigned parking Pet Friendly Pets: Small pets OKAY! Pet Deposit/Rent: $500 pet deposit per pet & $50 pet rent per pet each month. 15 - 18 Month Leases Preferred. Listing posted: 10/06/2025 at 10:00 am Open Application Period Begins: 10/09/2025 at 10:00 am Screening Criteria: City of Portland https portlandrentalmanagement com rental-criteria-screening-criteria-for-portland-multnomah-county-area-fair A $55 nonrefundable screening fee will be required for each applicant. Security Deposit: Equal to one months rent, depending on credit screening. Do you need property management services? Maximize your income and cut your costs! www rentportlandhomesprofessionals com YouTube Video URL --
How WATER1566* - A compares to other nearby properties.
Positives
Considerations
studio apartments at WATER1566* - A cost about 23% less than the average rent price for studio apartments in Corbet - Terwilliger - Lair Hill.
| Month | Median Rent |
|---|---|
| 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 | $1,167 |
| Month | Median Rent |
|---|---|
| January 2024 | $1,268 |
| February 2024 | $1,210 |
| March 2024 | $1,234 |
| April 2024 | $1,253 |
| May 2024 | $1,277 |
| June 2024 | $1,249 |
| July 2024 | $1,249 |
| August 2024 | $1,245 |
| September 2024 | $1,219 |
| October 2024 | $1,179 |
| November 2024 | $1,114 |
| December 2024 | $1,099 |
| January 2025 | $1,155 |
| February 2025 | $1,177 |
| March 2025 | $1,165 |
| April 2025 | $1,201 |
| May 2025 | $1,191 |
| June 2025 | $1,168 |
| July 2025 | $1,195 |
| August 2025 | $1,316 |
| September 2025 | $1,243 |
| October 2025 | $1,143 |
| November 2025 | $1,220 |
| December 2025 | $1,283 |
Can I afford to live at 3807 South Water Avenue?
Bedrooms
StudioRent-to-income ratio
30%
$39,800/yr
3830 se 14th ave
portland, OR, 97202
8401 sw 17th ave
portland, OR, 97219
Rockwood • 10 Northeast 162nd Avenue
1 Bed
$1,175
Sellwood - Moreland • 1721 Se Tacoma St
Studio–1 Bed
$1,100–$1,325
Northwest District • 10 Northwest 20th Avenue
Studio
$1,000
Homestead • 1311 Sw Gibbs St
Studio
$1,235–$1,285
Cedar Hills - Cedar Mill North • 14245 Sw Walker Rd
Studio
$1,200
Central Beaverton • 12520 Sw Gem Ln
1 Bed
$1,250–$1,400
Rockwood • 10 Northeast 162nd Avenue
1 Bed
$1,175
Sellwood - Moreland • 1721 Se Tacoma St
Studio–1 Bed
$1,100–$1,325
Northwest District • 10 Northwest 20th Avenue
Studio
$1,000
Homestead • 1311 Sw Gibbs St
Studio
$1,235–$1,285
Cedar Hills - Cedar Mill North • 14245 Sw Walker Rd
Studio
$1,200
Central Beaverton • 12520 Sw Gem Ln
1 Bed
$1,250–$1,400
