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modified
5+ Days Ago

Highlights

  • Built-in cabinets
  • Stainless steel appliances
  • Breakfast bar
  • Granite countertops
  • Hardwood flooring
  • Included washer/dryer

Location

4818 Nw Olivares Ter, Portland, OR 97229, USA|Sommerset West - Elmonica North

Property Overview

The property at 4818 NW Olivares Ter features built-in cabinets, stainless steel appliances, granite countertops, and hardwood flooring, complemented by included washer/dryer for added convenience. Located near parks and public transit options, it promotes environmental sustainability and social engagement in a diverse and bustling neighborhood. Additionally, the proximity to a highly-rated high school enhances its appeal, with ample visual documentation available to potential renters.

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

  • High school nearby
  • Images Available

Great for

  • Eco living
  • Social life

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Rent trends in Sommerset West - Elmonica North

3-bedroom apartments at 4818 Nw Olivares Ter cost about 4% more than the average rent price for 3-bedroom apartments in Oak Hills.

Median rents as of Dec 13 2025.
Sommerset West - Elmonica North
Oak Hills
A table of 3-bedroom apartment rental data trends in Oak Hills
MonthMedian Rent
December 2023$2,549
January 2024$2,498
February 2024$2,497
March 2024$2,552
April 2024$2,556
May 2024$2,554
June 2024$2,596
July 2024$2,743
August 2024$2,689
September 2024$2,595
October 2024$2,545
November 2024$2,515
December 2024$2,544
January 2025$2,505
February 2025$2,589
March 2025$2,558
April 2025$2,533
May 2025$2,612
June 2025$2,617
July 2025$2,598
August 2025$2,605
September 2025$2,609
October 2025$2,595
November 2025$2,548
December 2025$2,496
A table of 3-bedroom apartment rental data trends in Sommerset West - Elmonica North
MonthMedian Rent
December 2023$2,549
January 2024$2,498
February 2024$2,497
March 2024$2,552
April 2024$2,556
May 2024$2,554
June 2024$2,596
July 2024$2,743
August 2024$2,689
September 2024$2,595
October 2024$2,545
November 2024$2,515
December 2024$2,544
January 2025$2,505
February 2025$2,589
March 2025$2,558
April 2025$2,533
May 2025$2,612
June 2025$2,617
July 2025$2,598
August 2025$2,605
September 2025$2,609
October 2025$2,595
November 2025$2,548
December 2025$2,496

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 4818 Nw Olivares Ter, Oak Hills, OR.
5 months ago$2,645

Schools near 4818 Nw Olivares Ter

Springville School

6655 nw joss ave

portland, OR, 97229

K-8Public
A
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Internet available near 4818 Nw Olivares Ter

Neighborhood

Sommerset West - Elmonica North | Oak Hills, OR

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

Getting around Portland near 4818 Nw Olivares Ter

Walking

5/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 4818 Nw Olivares Ter, Portland

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-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

3/10
Some bars within walking distance

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