Zumper
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1 Day 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

(971) 309-2395

Property Overview

Alder Royal Apartments received high ratings across various criteria, showcasing its appeal to renters. With a Zumper expert rating of 9.7 and a price rating of 10, it emphasizes excellent value and competitive pricing. The property features notable amenities such as off-street parking and in-unit washers and dryers, complemented by a prime location that ensures convenience to local attractions. Additionally, it ranks in the 93.1 percentile for value for money, reinforcing its status as a desirable option for potential residents.

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

  • Less expensive
  • Elementary school nearby
  • Images Available

Floor plans

0BR/1.0BAStudio1 bath450 sqft$995 /mo1 unit availableACCEPTING APPLICATIONS AS OF 08/01/2025 @ 12 PM LINK TO ONLINE APPLICATION https myrentalapplication com index starkfirsmanagement Application fee is $55 per adult. WE ACCEPT APPLICATIONS ON A FIRST COME FIRST SERVICE BASIS SPECIAL/CONCESSION FOR APPROVED APPLICANTS: FIRST FULL MONTH OF RENT FREE WITH A 12-MONTH LEASE. DOES NOT APPLY TO CURRENT STARK FIRS TENANTS. 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 To see a full list of our properties please visit: www starkfirsmanagement com 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

Balcony

Appliances

DishwasherIn-Unit Laundry
Washer and Dryer
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

Contact for more information on pet policy.

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 balcony. 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

Less expensive
Studio units are cheaper than other similar listings nearby
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
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 5% less than the average rent price for studio apartments in Centennial.

Median rents as of Aug 30 2025.
Centennial
Portland
A table of studio rental data trends in Portland
MonthMedian Rent
September 2023$1,251
October 2023$1,248
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$1,195
A table of studio rental data trends in Centennial
MonthMedian Rent
September 2023$1,050
November 2023$1,025
April 2024$1,045
May 2024$1,065
August 2024$1,045
September 2024$1,059
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$1,050

Affordability calculator

Can I afford to live at 16124 Se Alder St?

Bedrooms

Studio

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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this studio monthly rent price of $995.
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-
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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.

Transit

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

Points of interest for 16124 Se Alder St, Portland

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants 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 10-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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