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Updated 5 Hours Ago

Highlights

  • Off-street parking
  • Modern living
  • In-unit washers and dryers

Location

16124 Se Alder St, Portland, OR 97233, USA|Centennial
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Management

Stark Firs Management, Inc

Our team has verified this company

Leasing office

(503) 479-4479

Property Overview

Alder Royal Apartments earns a strong overall rating of 9.7 out of 10, with standout scores for price, location, and quality that suggest excellent value and convenience. Key features include off-street parking, modern living, and in-unit washers and dryers, while the proximity to a top-rated elementary school and 50 photos add helpful appeal and transparency.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.7
Excellent
Earning an outstanding 9.7 out of 10 overall rating, Alder Royal Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Price and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • Elementary school nearby
  • Images Available
  • Outdoor space

Floor plans

0BR/1.0BAStudio1 bath450 sqft$1,100 /mo2 units availableACCEPTING APPLICATIONS AS OF 09/07/2026 @ 11 AM LINK TO ONLINE APPLICATION - Application fee is $55 per adult. https myrentalapplication com index starkfirsmanagement SPECIAL/CONCESSION: Approved applicants will qualify for a reduced deposit of $500 with a 12-month lease. Does not apply to current Stark Firs tenants. The standard deposit rate is equal to one month rent. Water/sewer/trash is included in the cost of rent. Renters Insurance is required at the time of move-in. Pet Friendly: No pet rent or deposit! We allow up to 2 animals PER UNIT Smoke free communities *DÉCOR/INTERIOR WILL VARY* *PRICES AND AVAILABILITY SUBJECT TO CHANGE* Call our central office for more information: 503-252-9454 Se Habla Español. Office Hours: Monday- Friday 9:00 AM to 5:00 PM Saturday- 9:00 AM to 3:00 PM Sunday- CLOSED • Equal Housing Opportunity • This is not an Accessible Dwelling Unit as defined by City of Portland regulation.
1BR/1.0BA1 bed1 bath500 sqft$1,100 /mo2 units availableACCEPTING APPLICATIONS AS OF 09/16/2026 @ 11 AM LINK TO ONLINE APPLICATION - Application fee is $55 per adult. https myrentalapplication com index starkfirsmanagement SPECIAL/CONCESSION: Approved applicants will qualify for a reduced deposit of $500 with a 12-month lease. Does not apply to current Stark Firs tenants. The standard deposit rate is equal to one month rent. Water/sewer/trash is included in the cost of rent. Renters Insurance is required at the time of move-in. Pet Friendly: No pet rent or deposit! We allow up to 2 animals PER UNIT Smoke free communities *DÉCOR/INTERIOR WILL VARY* *PRICES AND AVAILABILITY SUBJECT TO CHANGE* Call our central office for more information: 503-252-9454 Se Habla Español. Office Hours: Monday- Friday 9:00 AM to 5:00 PM Saturday- 9:00 AM to 3:00 PM Sunday- CLOSED • Equal Housing Opportunity • This is not an Accessible Dwelling Unit as defined by City of Portland regulation.

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Amenities for Alder Royal Apartments

Apartment Amenities

BalconyUpstairs

Appliances

DishwasherIn-Unit Laundry
Washer and Dryer

Building

1st Floor Unit

Grounds

Off-Street Parking

Other

Lower Level Unit
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
Building details

Property details

Year built1971
Units75
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About Alder Royal Apartments

HomeApartments in PortlandCentennial Alder Royal Apartments

Alder Royal, located at 16124 SE Alder St. in Portland, Oregon, is a 75-unit community offering a range of studio and 1-bedroom/1-bath apartments with sizes from 500 to 750 square feet. Designed for modern living, select units feature added conveniences such as dishwashers, patios, and balconies, while all units come equipped with in-unit washers and dryers. The property provides a secure living environment with off-street parking and is conveniently located near Tri-Met public transportation. Situated in the Centennial School District, Alder Royal combines comfort, convenience, and accessibility to meet your housing needs.


Year Built: 1971

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.
9.7
/10
Excellent
Earning an outstanding 9.7 out of 10 overall rating, Alder Royal Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Price and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated Alder Royal Apartments
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.
Alder Royal Apartments 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·9A 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.
Alder Royal Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including 1st floor unit. Renters looking for popular or luxurious features will find them here—and for that reason, Alder Royal Apartments receives one of the highest amenities scores.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Alder Royal Apartments offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
Alder Royal Apartments has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Alder Royal Apartments.
Trustworthiness·9A 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.
Alder Royal Apartments has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Reviews from the web

Showing 3 highest rated

there are alot of tweaker's and stupid asses

Krystal Henderson

Krystal Henderson

Dec 14, 2017

To much noise to busy at late hours

Kimberly Crane

Kimberly Crane

May 31, 2018

We’re sharing just 3 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

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 Alder Royal Apartments compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Centennial

Studio apartments at Alder Royal Apartments cost about 0% more than the average rent price for studios in Centennial.

1-bedroom apartments here are priced 3% lower than 1-bedrooms in Centennial.

Median rents as of Sep 12 2026.
Centennial
Portland
A table of studio rental data trends in Portland
MonthMedian Rent
September 2024$1,225
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
August 2026$1,182
September 2026$1,161
A table of studio rental data trends in Centennial
MonthMedian Rent
September 2024$1,045
October 2024$1,050
November 2024$1,060
January 2025$1,050
February 2025$1,084
March 2025$1,095
May 2025$1,096
June 2025$1,095
August 2025$1,049
September 2025$1,045
October 2025$1,045
November 2025$1,006
December 2025$945
January 2026$998
February 2026$1,045
March 2026$1,095

Affordability calculator

Can I afford to live at 16124 Se Alder St?

Bedrooms

Rent-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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this studio monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near Alder Royal Apartments

Parklane Elementary School

15811 se main st

portland, OR, 97233

K-5Public
C-

Wheatley School

14030 ne sacramento st

portland, OR, 97230

K-12Public

Functional Living Skills Program

11611 ne ainsworth cir

portland, OR, 97220

K-12Public

The Creeks

2470 sw halsey

troutdale, OR, 97060

K-12Public

Rose City Park

2334 ne 57th ave

portland, OR, 97212

K-5Public
B+
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Internet available near Alder Royal Apartments

Neighborhood

Centennial | Portland, OR

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Portland near 16124 Se Alder St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 16124 Se Alder St, Portland

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

5/10
Variety of shops within a short drive

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

7/10
Wide variety of bars within a short drive, including some within walking distance

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