5+ Days Ago
Highlights
Pet Friendly
Location
8332 Sw 21st Ave, Portland, OR 97219, USA|Multnomah
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Property Overview
Timber Terrace presents an excellent opportunity for renters, earning a high Zumper expert rating of 9.4 out of 10, showcasing its strong appeal. The property excels in price and amenities, with perfect scores indicating an exceptional value for the quality of living offered. Furthermore, its prime location ensures easy access to local schools and pet-friendly services, enhancing convenience for residents.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Less expensive
Great for
Pet owners
Floor plans
| 2X1 | 2 bed | 1 bath | 774 sqft | $1,395–$1,495 /mo | 2 units available | Timber Terrace offers beautiful 2 bedroom apartment homes. You will love calling this place home! Timber Terrace is conveniently located next to Terwilliger Shopping Center on Barbur Boulevard, next to I-5 Entrances. $50 Application Screening Charge / Unit is not ADA Security Deposit $500 OAC*. Depending on the Qualifications of the applicant Additional Deposits may apply. **Applications will begin being accepted 72 hours after posting on 09/23/2025 at 8:00 am.** Renter’s insurance is required. We screen for credit, criminal, eviction, employment, income minimums and current & past tenancy references. Please ask for our disclosed screening criteria. We screen first come first served and honor fair housing guidelines. To view our screening criteria please visit https www legacynw com screening-criteria * NOTE: If you are viewing this listing on a third-party website, please visit www legacynw com to ensure the accuracy of the listing description and availability The information contained in this advertisement is deemed reliable, but no representation is made as to the accuracy thereof, and such information is subject to errors, omissions, changes in price, prior lease, or withdrawal without notice. All square footage and dimensions are approximate. Available dates may change without notice, prior to a lease being signed. Photos are representative of the property for rent but may not be the exact unit available. Call TODAY to schedule a tour! 503-664-4101 |
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Amenities for Timber Terrace
Apartment Amenities
| Spacious Floorplan |
Building
| Business Center | Cats OK |
| Dogs OK | Onsite Laundry |
Grounds
| Off-Street Parking |
Services
| On-Site Management | Online Rental Payments and Residents Services |
| Professional Management & 24-hour Emergency Maintenance |
Neighborhood
| Close to Fred Meyer | Starbucks Nearby |
Other
| 55 Lbs Weight Limit for Pets | Breed Restrictions Apply |
| Renters Insurance Required | Utility Bill Back |
| Water, Sewer, Garbage Billed Back Separately |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Base Rent
Monthly rent payment
$1,395–$1,495
OPTIONAL FEES
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Cat
Pet Rent
Monthly. 1 cat max.
Contact Property
Dog
Pet Rent
Monthly. 1 dog max.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 14 |
|---|
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About Timber Terrace
Timber Terrace offers beautiful 2 bedroom apartment homes. You will love calling this place home! Timber Terrace is conveniently located next to Terwilliger Shopping Center on Barbur Boulevard, next to I-5 Entrances. Drop by Fred Meyer, run errands at local shops, salons, Starbucks, and the Post Office. If you don’t have time to cook, we are also next to 7 restaurants. Drop in for a quick bite for tacos, burgers, or a wonderful candlelight dinner. $1395.00 monthly rent (Water, Sewer, Garbage billed back.) $50 Application Screening Charge Security deposit is one month's rent depending on qualifications of the applicant(s) additional deposits may apply. Unit is not ADA Applications will begin being accepted on 07/27/2025 at 8:00 am. To view our screening criteria please visit https www legacynw com screening-criteria If you have a pet, a clear picture of each pet must be submitted with your rental application. An additional pet security deposit, pet rent $25.00 per pet, required property will not allow any dog of a perceived vicious breed (or mixture thereof). *NOTE: If you are viewing this on a third party website please check our website www legacynw com to verify accuracy and availability
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.4
/10
ExcellentTimber Terrace is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Timber Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Timber Terrace stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Timber Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Timber Terrace has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Timber Terrace is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Timber Terrace compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Multnomah
2-bedroom apartments at Timber Terrace cost about 18% less than the average rent price for 2-bedroom apartments in Multnomah.
Median rents as of Oct 18 2025.
Multnomah
Portland
| Month | Median Rent |
|---|---|
| November 2023 | $1,196 |
| December 2023 | $1,199 |
| 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 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,448 |
| December 2023 | $1,175 |
| January 2024 | $1,287 |
| February 2024 | $1,309 |
| March 2024 | $1,183 |
| April 2024 | $1,273 |
| June 2024 | $1,373 |
| November 2024 | $1,445 |
| December 2024 | $1,426 |
| January 2025 | $1,164 |
| February 2025 | $1,304 |
| March 2025 | $1,472 |
| September 2025 | $1,399 |
| October 2025 | $1,299 |
Affordability calculator
Can I afford to live at 8332 Sw 21st Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$55,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this 2-bedrooms monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.
Schools near Timber Terrace
Capitol Hill Elementary School
8401 sw 17th ave
portland, OR, 97219
K-5Public
B+
Winterhaven School
3830 se 14th ave
portland, OR, 97202
K-8Public
A-
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Internet available near Timber Terrace
Getting around Portland near 8332 Sw 21st Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 8332 Sw 21st Ave, Portland
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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