Condo for rent

1 Day Ago

1500 Sw Park Ave
1500 Sw Park Ave, Portland, OR 97201, USA

Monthly rent	$2,300
Beds	2
Baths	2
Sqft	879

Monthly rent	$2,300
Beds	2
Baths	2
Sqft	879

1 Day Ago

Highlights

Private balcony
Hardwood floors
Granite counter tops
Walk-in closet
Stainless steel appliances
Fitness room

Location

1500 Sw Park Ave, Portland, OR 97201, USA|Downtown Portland

Tour 1500 Sw Park Ave

Contact

University Park 2 Bd/2 Bth w/parking

illume Property Management

(971) 717-3548 ext. 2

Property Overview

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

Things you’ll love

Covered parking
Images available

Great for

Wellness
Social life
Work-from-home

Amenities for 1500 Sw Park Ave, Downtown Portland

Apartment Amenities

Air Conditioning

Utilities Included

Appliances

Dishwasher	Garbage Disposal
Refrigerator

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

No pets allowed.

About 1500 Sw Park Ave

Home

Apartments in Portland

Downtown Portland

1500 Sw Park Ave, Portland, OR 97201, USA

PROPERTY ADDRESS: 1500 SW Park Ave, Unit 221, Portland, OR 97201 COUNTY: Multnomah APPROX. SQ. FT.: 879 BEDROOMS: 2 BATHROOMS: 2 LEASE TERMS: 12 Months+ SCREENING CHARGE: $55 per adult applicant Separate check is required for screening charges. DESCRIPTION: *The lovely and recently renovated University Park Condo Community, in Portland's Cultural District, is conveniently located near PSU, the streetcar, as well as a farmers market. *CITY Sophisticated living in Downtown Portland's historic south park blocks. *Nestled in the tree line, this corner unit comes with a private balcony overlooking the city lights down Broadway. * Common Room * Hardwood Floors * Community Hot Tub * Fitness Room * Dedicated Parking Spot * Stainless Steel Appliances * Granite Counter Tops * Washer/Dryer Included * Balcony * Tub/shower * A/C * Walk-in Closet *1 parking assigned in the garage DIRECTIONS: SW Park and SW Market SCHOOLS: Chapman Elementary West Sylvan Middle Lincoln High HEAT: Electric APPLIANCES: Stove, Refrigerator, Dishwasher, Garbage Disposal, A/C AMENITIES: Dedicated Parking, Balcony, City View UTILITIES INCLUDED IN RENT: Water, Sewer and Garbage UTILITIES NOT INCLUDED IN RENT: Electric, Internet, Cable and Phone PET POLICY: No Pets VEHICLE RESTRICTIONS: One Dedicated Parking Space in Secure Parking Garage SPECIAL TERMS: No Smoking. HOA Move In/ Move Out Fee of $300 due to the HOA prior to move in. Renter's Insurance is Required at the time of Move-In with a minimum $100,000 in Liability Protection. First and Last months rent is required at move in. INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. *This unit is not an accessible unit. Illume will begin accepting applications 09/12/2022. In compliance with FAIR Ordinance please click this link for further information , screening criteria and applicants rights and responsibilities https www illumepm com prospective-residents OBLIGO OPTION: Avoid Paying a Cash Deposit – Qualify for FolioGuard by Obligo’s Deposit-Free Move-In! Interested in keeping more money in your pocket at move-in? We’re pleased to offer you the option to qualify for a deposit-free move-in with Obligo. This simple and fast process could save you the hassle and upfront cost of a traditional cash deposit. For more information and to see if you qualify, copy & paste this link into your browser: https go myobligo com illume-application RENTAL QUALIFICATIONS: To find the full rental criteria for properties in the City of Portland: https www illumepm com pdf City%20of%20PDX%20Standard%20Criteria%20(1) pdf To find the full rental criteria for properties outside of the City of Portland in Oregon: https www illumepm com pdf Rental%20Application%20(not%20for%20City%20of%20Portland)-2 pdf

Property highlights

How 1500 Southwest Park Avenue, Portland, OR 97201, USA compares to other nearby properties.

Positives

Covered parking: Garage, covered, or indoor parking is available at this address
Images available: There are at least 10 photos of this address

Considerations

Greater distance from high schools: The nearest high school is farther than 1 mile away
Greater distance from middle schools: The nearest middle school is farther than 2 miles away

Address details

Neighborhood	Downtown Portland
Zip code	97201
Type	Condo for rent

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Rent trends in Downtown Portland

2-bedroom apartments at 1500 Sw Park Ave cost about 22% more than the average rent price for 2-bedroom apartments in Portland.

Median rents as of Oct 11 2025.

Downtown Portland

Portland

A table of 2-bedroom apartment rental data trends in Portland
Month	Median Rent
October 2023	$1,840
November 2023	$1,796
December 2023	$1,813
January 2024	$1,810
February 2024	$1,795
March 2024	$1,796
April 2024	$1,795
May 2024	$1,785
June 2024	$1,817
July 2024	$1,886
August 2024	$1,871
September 2024	$1,861
October 2024	$1,812
November 2024	$1,801
December 2024	$1,795
January 2025	$1,731
February 2025	$1,761
March 2025	$1,777
April 2025	$1,755
May 2025	$1,746
June 2025	$1,743
July 2025	$1,735
August 2025	$1,780
September 2025	$1,757
October 2025	$1,750

A table of 2-bedroom apartment rental data trends in Downtown Portland
Month	Median Rent
October 2023	$2,250
November 2023	$2,209
December 2023	$2,283
January 2024	$2,328
February 2024	$2,211
March 2024	$2,254
April 2024	$2,213
May 2024	$2,209
June 2024	$2,226
July 2024	$2,276
August 2024	$1,922
September 2024	$1,980
October 2024	$2,031
November 2024	$1,971
December 2024	$2,112
January 2025	$2,023
February 2025	$2,131
March 2025	$2,203
April 2025	$1,974
May 2025	$1,885
June 2025	$1,904
July 2025	$1,886
August 2025	$2,020
September 2025	$2,008
October 2025	$1,910

Affordability calculator

Can I afford to live at 1500 Sw Park Ave?

Bedrooms

2 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

$92,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 2-bedrooms monthly rent price of $2,300.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 1500 Sw Park Ave, Portland, OR.
			Bath
2 months ago	$1,850	2 bed	1 bath
7 months ago	$1,495	1 bed	1 bath
1 year ago	$1,450	1 bed	1 bath
1 year ago	$1,895	2 bed	2 bath
1 year ago	$1,895	2 bed	2 bath
2 years ago	$1,345	1 bed	1 bath
2 years ago	$1,545	1 bed	1 bath
2 years ago	$1,395	1 bed	1 bath
2 years ago	$1,975	2 bed	2 bath
3 years ago	$1,450	1 bed	1 bath

Schools near 1500 Sw Park Ave

Internet available near 1500 Sw Park Ave

Neighborhood

Downtown Portland | Portland, OR

NEIGHBORHOOD VIBE

Lively and energetic

You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Portland near 1500 Sw Park Ave

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

7/10

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

Cycling

7/10

Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1500 Sw Park Ave, Portland

Groceries

10/10

At least one supermarket within a 5-minute walk

Shopping

9/10

Wide variety of shops within a few minutes' walk

Cafes

9/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

10/10

At least one high school within a 5-minute walk

Parks

9/10

Very large amount of park space within a few minutes' walk

Nightlife

9/10

Exceptional variety of bars right within a few minutes’ walk

Other units at this address

1500 Southwest Park Avenue, Portland, OR

1500 Southwest Park Avenue Portland, OR

Occupied

221

2 Beds

2 Baths

879 sqft

$1,975

Air Conditioning • Assigned Parking • In-Unit Laundry • Hardwood Floor • Dishwasher • Balcony

Listed by Leasing Office

Days on market: 1134

University Park 2 Bd/2 Bth w/parking- water/sewer/trash included! - PROPERTY ADDRESS: 1500 SW Park Ave, Unit 221, Portland, OR 97201 COUNTY: Multnomah APPROX. SQ. FT.: 879 BEDROOMS: 2 BATHROOMS: 2 LEASE TERMS: 12 Months+ SCREENING CHARGE: $55 per adult applicant Separate check is required for screening charges. DESCRIPTION: *The lovely and recently renovated University Park Condo Community, in Portland's Cultural District, is conveniently located near PSU, the streetcar, as well as a farmers market. *CITY Sophisticated living in Downtown Portland's historic south park blocks. *Nestled in the tree line, this corner unit comes with a private balcony overlooking the city lights down Broadway. * Common Room * Hardwood Floors * Community Hot Tub * Fitness Room * Dedicated Parking Spot * Stainless Steel Appliances * Granite Counter Tops * Washer/Dryer Included * Balcony * Tub/shower * A/C * Walk-in Closet *1 parking assigned in the garage DIRECTIONS: SW Park and SW Market SCHOOLS: Chapman Elementary West Sylvan Middle Lincoln High HEAT: Electric APPLIANCES: Stove, Refrigerator, Dishwasher, Garbage Disposal, A/C AMENITIES: Dedicated Parking, Balcony, City View UTILITIES INCLUDED IN RENT: Water, Sewer and Garbage UTILITIES NOT INCLUDED IN RENT: Electric, Internet, Cable and Phone PET POLICY: No Pets VEHICLE RESTRICTIONS: One Dedicated Parking Space in Secure Parking Garage SPECIAL TERMS: No Smoking. HOA Move In/ Move Out Fee of $300 due to the HOA prior to move in. Renter's Insurance is Required at the time of Move-In with a minimum $100,000 in Liability Protection. First and Last months rent is required at move in. INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. *This unit is not an accessible unit. Illume will begin accepting applications 09/12/2022. In compliance with FAIR Ordinance please click this link for further information , screening criteria and applicants rights and responsibilities https www illumepm com prospective-residents No Pets Allowed

Occupied

314

1 Bed

1 Bath

597 sqft

$950

Furnished • Air Conditioning • Assigned Parking • In-Unit Laundry • Dishwasher • Deck

Occupied

213

1 Bed

1 Bath

600 sqft

$1,345

Air Conditioning • In-Unit Laundry • Hardwood Floor • Carpet • Balcony

Occupied

210

1 Bed

1 Bath

597 sqft

$1,345

On-Site Laundry • Air Conditioning • Assigned Parking • Dishwasher • Hardwood Floor • Carpet

Occupied

106

1 Bed

1 Bath

597 sqft

$1,350

In-Unit Laundry

Occupied

114

1 Bed

1 Bath

597 sqft

$1,545

On-Site Laundry • Air Conditioning • Assigned Parking • In-Unit Laundry • Hardwood Floor • Balcony

Listed by Leasing Office

Days on market: 1009

Fantastic Downtown Portland Apartment W/ Amenities!***1 Application in process as of 1/04*** - Great 1 bed 1 bath apartment on the 1st floor in downtown Portland off Park Ave! The entryway opens into the kitchen with all stainless steel appliances and a breakfast bar. The dining room and living room are spacious enough and have natural lighting besides the living room features a balcony deck overlooking Park Ave. 1 very nice bedroom and a full en-suite bathroom with shower/tub combo. Hardwood flooring. In-unit laundry room with stacked washer/dryer and storage space. 1 compact reserved parking space in a secured garage and bike storage off the lobby. Fantastic rooftop sitting area with a view and a rentable community room. A great gym with a small hot tub is also included plus its fantastic location near parks and public transportation. Schedule your tour and apply for it! *** Showings: Schedule an in-person or live video tour here: Coming soon! *** More Details Please Review: *Direct Website Link: www hollandprop com vacancies Lease Terms: * PLEASE carefully review the screening criteria completely at hollandprop.com; click on 'Search Homes For Rent'. * The application period opens on 1/4/2023 at 9:00 pm. If an application is received prior to the opening period, it will be delayed by 8 hours from the opening period. All applications will be reviewed and screened in the order they are received. * Application Fee: $60 per person 18 years and older * Special Terms: Tenant agrees to abide by HOA & CCRs * Gross Minimum Income Requirement: 2.5 times the monthly rent; roommates need to meet this requirement and qualify individually * Security Deposit: $1,545 (Qualifying applicants may opt into the Obligo program as an alternative to a traditional security deposit!) * Minimum Credit Score: 640 * Lease Term: 12 months * Renter's Insurance is Required for each Tenant. Proof is required prior to move-in. * Utilities: Sewer & Trash included, All others are tenant's responsibility * Landscaping: HOA responsibility * No Smoking on the premises * Lease start date: Must start within 2 weeks after approving the application or when the property is ready * Pet Policy: PETS ARE ALLOWED// Upon submitting an application, you are required to complete and have an active pet screening profile for your application to be considered complete. Whether you have pets/animals or not, please fill out a pet profile at hollandprop petscreening com Property Features: * Heat: Forced air * Air Conditioning * Home square footage: 597 Sqft. * Year Built: 1988 * Parking: 1 assigned spot * Washer/Dryer: Included Location: * Multnomah County * Schools: Verify Schools as Boundaries are Subject to Change: - Chapman Elementary School - West Sylvan Middle School and - Lincoln High School *** Showings: Schedule an in-person or live video tour here: Coming soon! *** *Please Note: Applications are not considered complete until all adults apply with all required documents and information. The information on these pages has been compiled from various sources. Every effort has been made to provide accurate information. We shall not be held liable for mistakes pertaining to the accuracy of this information. This property is presented and managed by Holland Properties, Inc. Please reach out if you have any questions: 503-533-2121 (open during regular business hours)

Occupied

425

2 Beds

1 Bath

827 sqft

$1,695

On-Site Laundry • Air Conditioning • Assigned Parking • In-Unit Laundry • Hardwood Floor • Balcony

Listed by Leasing Office

Days on market: 1567

Fantastic Downtown Portland Apartment W/ Amenities! - Great 2 bed 1 bath apartment on the 4th floor in downtown Portland off Park Ave! The entryway opens into the kitchen with all stainless steel appliances and a breakfast bar. Hardwood flooring and newer paint throughout! Off the living room features a balcony deck overlooking Park Ave. 2 nice bedrooms and a full bathroom with shower/tub combo down the hall. In-unit laundry room with stacked washer/dryer and storage space. 1 compact reserved parking space in a secured garage and bike storage off the lobby. Fantastic rooftop sitting area with a view and rentable community room. Great gym with a small hot tub also included. More Details Please Review: *Direct Website Link: www hollandprop com vacancies Lease Terms: * PLEASE carefully review the screening criteria completely at hollandprop.com; click on 'Search Homes For Rent. * The application period opens on May 23rd, 2021 at 12:10 p.m. If an application is received prior to the opening period, it will be delayed by 8 hours from the opening period. All applications will be reviewed and screened in the order they are received. * Utilities: Water/Sewer & Garbage are Included - All others are tenant responsibility * Application Fee: $55 per person 18 years and older * Tenants to pay a move-in fee of $400 * Special Terms: Tenant agrees to abide by HOA & CCRs * Gross Minimum Income Requirement: 2 times the monthly rent; roommates need to meet this requirement and qualify individually * Security Deposit: $1,725 (Qualifying applicants may opt into the Obligo program as an alternative to a traditional security deposit!) * Minimum Credit Score: 600 * Renter's Insurance Required for each Tenant. Proof required prior to move-in. * No Smoking on the premises * Lease start date: Must start within 2 weeks of submission application or when the property is ready * Pet Policy: 1 small pet under 25 lbs. with pre-approval // Upon submitting an application, you are required to complete and have an active pet screening profile for your application to be considered complete: Whether you have pets/animals or not, please fill out a pet profile at hollandprop petscreening com There will be 3 options to choose from: No pets, Household Pets, and Service/Companion Animals. *If you have a pet other than a Dog or a Cat please don't forget to mention it in your application. This will help avoid delays in the processing of your application. Property Features: * This unit is not an Accessible Dwelling Unit. * Heat/Cooling: Forced Air with A/C! * Home square footage: 827 sqft. * Year Built: 1988 * Vehicle Restrictions: 1 reserved parking space in building garage *Washer/Dryer: Included Location: * Multnomah County * Schools: Verify Schools as Boundaries are Subject to Change: Chapman Elementary, West Sylvan Middle, and Lincoln High School. * Showings: Schedule an in-person or live video tour here: Estimated to begin mid June. *Please Note: Applications are not considered complete until all adults apply with all required documents and information. The information on these pages has been compiled from various sources. Every effort has been made to provide accurate information. We shall not be held liable for mistakes pertaining to the accuracy of this information. This property is presented and managed by Holland Properties, Inc. Please reach out if you have any question: 503-533-2121 ex 82 (open during regular business hours)

Occupied

307

2 Beds

1 Bath

– sqft

$1,795

Assigned Parking • Dishwasher • Balcony • In-Unit Laundry

Occupied

222

2 Beds

1 Bath

850 sqft

$1,795

In-Unit Laundry • Balcony • Air Conditioning

Listed by Leasing Office

Days on market: 1521

Stylish Two Bedroom Condo, Fitness Center, Spa, & Garage Parking Spot - FOR INFORMATION OR TO SCHEDULE A SHOWING PLEASE CONTACT OUR LEASING TEAM AT 503-635-0099 OR EMAIL **** Our Website: http ppirentals com Portland - https ppirentals com wp-content uploads 2021 06 portland-rental-criteria pdf Application Form: https myrentalapplication com index performanceprop View 3D Tour Here: https my matterport com show ?m=82YhTyAqgmk Our open application period for this property begins at 12:00 pm on 8/19/2021. After this time, you can submit an application and we will begin processing it in the order it was received. Applicant must be willing to take financial possession of the property within two weeks of application submission or if occupied, two weeks after property is move in ready. This property is a Non Accessible Dwelling Unit. Available Now! Prime Location, Cultural District, Near PSU! Enjoy living the Urban lifestyle with close proximity to PSU, Portland Art Musuem, Portland's Best Dining, Shopping, Entertainment and more! Garage Parking, Fitness Center and Spa!!! University Park Condo. Living room with balcony access. Dining room. Open kitchen, updated stainless appliances, breakfast bar. Master bedroom with walk-in closet. Second bedroom. Full bath. Utility room with shelving. Spa, rec room, rooftop deck, gated courtyard. Close to PSU, Keller, Waterfront, Max, Food Carts, and more! This beautiful Condo offers 2 bedroom, 1 bath, with approximately 850 square feet of living space, with all of the amenities you are seeking including, Stainless Steel appliances, a stackable washer and dryer, central air conditioning, and private balcony off of your living area. The secure courtyard offers a beautiful setting with a decorative fountain, plus a fitness center and common area for your enjoyment. Bike storage makes getting around your urban oasis a breeze. Complete with garage, parking, fitness center and spa. You will enjoy calling this home! Utility co-payment of $50.00 per month for water/ sewer/ garbage. Subject to University Park COA move-in and move-out fees, made payable directly to the COA. $50 monthly pet rent for 1 small pet. PPI~Portland's Professional Property Management Experts! Information Deemed reliable but not guaranteed. Cross Streets are Broadway, Market, Park and Clay. Entrance on Park Ave. The property is a red brick building. EL 8/15/2021