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248-254 Cervantes offers a spacious layout with excess storage space and the convenience of an attached garage. The property has received a strong Zumper expert rating, highlighting its appealing characteristics, including its ample living space. Overall, it presents advantages for various lifestyle needs while providing notable features that enhance its functionality.
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More spaceHigh school nearbyGreat for
Pet owners| 2BR/2.0BA | 2 bed | 2 bath | 1,445 sqft | $2,295 /mo | 1 unit available | ACCEPTING APPLICATIONS ON 09/21/2025 7:15 PM PDT DESCRIPTION: Introducing the charming 2BD/2BTH apartment in the desirable Lake Oswego. This unit features a spacious layout with two bedrooms and two bathrooms, perfect for those seeking comfort and convenience. The apartment comes equipped with essential appliances such as a refrigerator, dishwasher, stove/oven, and even a washer/dryer for added convenience. With excess storage space and an attached garage, this apartment provides ample room for all your belongings. Don't miss out on the opportunity to call this beautiful apartment your new home in Lake Oswego. For more information, please contact Anthony at 971-250-8230. **Photos shown are from a similar unit. Additional photos of the actual unit coming soon.** RENTAL FEATURES: - 2 Bedrooms - 2 Bathrooms - 1,445 sq ft - Refrigerator - Dishwasher - Stove/Oven - Washer/Dryer included - Excess storage space - Attached garage - No AC in the unit LOCATION: Nestled in the heart of Lake Oswego! Surround yourself with stunning parks like Kerr Natural Area, McNary City Park, Lesser City Park, and Loll Wildwood Natural Area, and just minutes from Tryon Creek State Natural Area. Enjoy hassle-free commutes to George Fox and PCC, and only a 10-minute drive to Lewis and Clark. For families with school-aged children, you're in the well-rated Portland public school district with Markham Elementary, Jackson Middle, and Wilson High Schools nearby. LEASE DETAILS: - Rent: $2,295 - Security Deposit: $2,295 - Application Fee: $60/person over 18 years old - Renter's insurance required - Tenants are responsible for all utilities - Pets: Cats and Dogs Allowed (Pet rent and deposit may apply) - Lease Terms: 12 months - All applications are screened on a first-come, first-served basis. - The lease must be signed within 24 hours of receiving it, and start within 14 days of approval. - Deposit due at lease signing. - A credit report indicating a discharged bankruptcy within the last 7 years, a court judgment, an eviction, or failure to meet any property requirements will result in a denial. REQUIREMENTS: - Minimum credit score: 625 - Income Requirement: 2.5x of monthly rent - Valid ID per applicant - Recent pay stubs/income statement/ITR (for the last 3 months) Address: 250 Cervantes, Lake Oswego, OR 97035-1208 Provided by: Uptown Properties (www.uptownpm.com) 7401 SW Capitol Hwy, Portland, OR 97219 |
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| Units | 4 |
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ACCEPTING APPLICATIONS ON 09/21/2025 7:15 PM PDT DESCRIPTION: Introducing the charming 2BD/2BTH apartment in the desirable Lake Oswego. This unit features a spacious layout with two bedrooms and two bathrooms, perfect for those seeking comfort and convenience. The apartment comes equipped with essential appliances such as a refrigerator, dishwasher, stove/oven, and even a washer/dryer for added convenience. With excess storage space and an attached garage, this apartment provides ample room for all your belongings. Don't miss out on the opportunity to call this beautiful apartment your new home in Lake Oswego. For more information, please contact Anthony at 971-250-8230. **Photos shown are from a similar unit. Additional photos of the actual unit coming soon.** RENTAL FEATURES: - 2 Bedrooms - 2 Bathrooms - 1,445 sq ft - Refrigerator - Dishwasher - Stove/Oven - Washer/Dryer included - Excess storage space - Attached garage - No AC in the unit LOCATION: Nestled in the heart of Lake Oswego! Surround yourself with stunning parks like Kerr Natural Area, McNary City Park, Lesser City Park, and Loll Wildwood Natural Area, and just minutes from Tryon Creek State Natural Area. Enjoy hassle-free commutes to George Fox and PCC, and only a 10-minute drive to Lewis and Clark. For families with school-aged children, you're in the well-rated Portland public school district with Markham Elementary, Jackson Middle, and Wilson High Schools nearby. LEASE DETAILS: - Rent: $2,295 - Security Deposit: $2,295 - Application Fee: $60/person over 18 years old - Renter's insurance required - Tenants are responsible for all utilities - Pets: Cats and Dogs Allowed (Pet rent and deposit may apply) - Lease Terms: 12 months - All applications are screened on a first-come, first-served basis. - The lease must be signed within 24 hours of receiving it, and start within 14 days of approval. - Deposit due at lease signing. - A credit report indicating a discharged bankruptcy within the last 7 years, a court judgment, an eviction, or failure to meet any property requirements will result in a denial. REQUIREMENTS: - Minimum credit score: 625 - Income Requirement: 2.5x of monthly rent - Valid ID per applicant - Recent pay stubs/income statement/ITR (for the last 3 months) Address: 250 Cervantes, Lake Oswego, OR 97035-1208 Provided by: Uptown Properties (www.uptownpm.com) 7401 SW Capitol Hwy, Portland, OR 97219
How 248-254 Cervantes compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 248-254 Cervantes cost about 5% more than the average rent price for 2-bedroom apartments in Mt. Park.
| Month | Median Rent |
|---|---|
| November 2023 | $1,640 |
| December 2023 | $1,803 |
| January 2024 | $1,849 |
| February 2024 | $1,799 |
| March 2024 | $1,870 |
| April 2024 | $1,701 |
| May 2024 | $1,796 |
| June 2024 | $1,815 |
| July 2024 | $1,795 |
| August 2024 | $1,714 |
| September 2024 | $1,656 |
| October 2024 | $1,644 |
| November 2024 | $1,643 |
| December 2024 | $1,619 |
| January 2025 | $1,662 |
| February 2025 | $1,677 |
| March 2025 | $1,747 |
| April 2025 | $1,694 |
| May 2025 | $1,718 |
| June 2025 | $1,794 |
| July 2025 | $1,697 |
| August 2025 | $1,805 |
| September 2025 | $1,756 |
| October 2025 | $1,688 |
| Month | Median Rent |
|---|---|
| January 2024 | $1,699 |
| February 2024 | $1,624 |
| August 2024 | $1,450 |
| September 2024 | $1,450 |
| October 2025 | $1,588 |
Can I afford to live at 248 Cervantes?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$91,800/yr
10531 sw capitol hwy
portland, OR, 97219
3830 se 14th ave
portland, OR, 97202
Lloyd District • 304 Ne Multnomah St
1–2 Beds
$1,565–$1,846
Homestead • 1311 Sw Gibbs St
2 Beds
$2,195
Bridlemile • 6035 Sw Beaverton Hillsdale Hwy
2 Beds
$1,650
Sellwood - Moreland • 1674 Se Lambert St
1 Bed
$2,295–$2,595
Northwest District • 2250 Nw Kearney St
1 Bed
$1,895
Sommerset West - Elmonica South • 9350 Ne Windsor St
1–3 Beds
$1,695–$2,495
Lloyd District • 304 Ne Multnomah St
1–2 Beds
$1,565–$1,846
Homestead • 1311 Sw Gibbs St
2 Beds
$2,195
Bridlemile • 6035 Sw Beaverton Hillsdale Hwy
2 Beds
$1,650
Sellwood - Moreland • 1674 Se Lambert St
1 Bed
$2,295–$2,595
Northwest District • 2250 Nw Kearney St
1 Bed
$1,895
Sommerset West - Elmonica South • 9350 Ne Windsor St
1–3 Beds
$1,695–$2,495
