Apartment for rent

Pet friendly

Updated 1 Day Ago

1524 Ne 40th Ave #203
1524 Ne 40th Ave #203, Portland, OR 97232, USA

Monthly rent	$1,095
Beds	1
Baths	1
Sqft	458

Monthly rent	$1,095
Beds	1
Baths	1
Sqft	458

Updated 1 Day Ago

Highlights

Pet Friendly

Private balcony
Stainless steel appliances
Modern finishes
Large windows
Granite countertops
Urban convenience

Location

1524 Ne 40th Ave #203, Portland, OR 97232, USA|Hollywood

Tour 1524 Ne 40th Ave #203

Contact

Alpine Property Management & Maintenance

(844) 906-0739 ext. 7538

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

Less expensive
High school nearby
Images available

Great for

Pet owners

Amenities for 1524 Ne 40th Ave #203, Hollywood

Apartment Amenities

Balcony

Carpet

Appliances

In-Unit Laundry

Building

Cats OK	Controlled Access
Dogs OK

Services

On-Site Management

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Cat Policy

Allowed

Large Dog Policy

Allowed

Other Policy

Allowed

Small Dog Policy

Allowed

Questions about this property’s policies and fees?

Building details

Property details

Lease terms	12+ months

About 1524 Ne 40th Ave #203

Home

Apartments in Portland

Hollywood

1524 Ne 40th Ave #203, Portland, OR 97232, USA

Sweet deal!

This listing is 24% below the median price for 1 bedroom apartments in Hollywood.

✨ Stylish 1-Bedroom Retreat in Portland's Vibrant Hollywood District Experience the best of Northeast Portland living in this charming second-floor, 1-bedroom apartment located in the heart of the highly desirable Hollywood District. With exceptional walkability, easy access to public transit, and countless local shops, restaurants, and entertainment options nearby, you'll love having the city at your doorstep. Inside, this thoughtfully designed 458-square-foot home makes the most of every inch with a bright, efficient layout and modern finishes throughout. Large windows fill the space with natural light, while your private balcony provides the perfect place to enjoy your morning coffee or unwind after a busy day. The modern kitchen features granite countertops, stainless steel appliances, and contemporary finishes, creating a stylish and functional space for daily living. Located within a secure-entry building, this pet-friendly community offers comfortable, low-maintenance living in one of Portland's most connected neighborhoods. Apartment Features: 1 Bedroom | 1 Bathroom | 458 Sq. Ft. Private balcony Granite countertops Stainless steel appliances Modern finishes throughout Secure-entry building Pet-friendly community Rental Requirements: Renters insurance required Income requirement of 2.5x the monthly rent Enjoy urban convenience, modern comfort, and a fantastic location at the center of it all. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

Property highlights

How 1524 Ne 40th Ave, Portland, OR 97232, USA compares to other nearby properties.

Positives

Less expensive: Some rentals at this address are cheaper than similar listings nearby
High school nearby: There is a high school 0.4 mile away
Images available: There are at least 10 photos of this address
Outdoor space: One or more rentals here have easy access to the outdoors

Considerations

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

Address details

Neighborhood	Hollywood
Zip code	97232
Type	Apartment for rent

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Rent trends in Hollywood

1-bedroom apartments at 1524 Ne 40th Ave #203 cost about 24% less than the average rent price for 1-bedroom apartments in Portland.

Median rents as of Aug 15 2026.

Hollywood

Portland

A table of 1-bedroom apartment rental data trends in Portland
Month	Median Rent
August 2024	$1,495
September 2024	$1,496
October 2024	$1,495
November 2024	$1,459
December 2024	$1,472
January 2025	$1,443
February 2025	$1,425
March 2025	$1,415
April 2025	$1,400
May 2025	$1,401
June 2025	$1,422
July 2025	$1,404
August 2025	$1,420
September 2025	$1,406
October 2025	$1,399
November 2025	$1,399
December 2025	$1,395
January 2026	$1,392
February 2026	$1,395
March 2026	$1,397
April 2026	$1,398
May 2026	$1,395
June 2026	$1,395
July 2026	$1,398
August 2026	$1,399

A table of 1-bedroom apartment rental data trends in Hollywood
Month	Median Rent
August 2024	$1,435
September 2024	$1,447
October 2024	$1,390
November 2024	$1,375
December 2024	$1,386
January 2025	$1,486
February 2025	$1,485
March 2025	$1,447
May 2025	$1,520
June 2025	$1,547
July 2025	$1,690
August 2025	$1,547
September 2025	$1,469
October 2025	$1,479
November 2025	$1,493
December 2025	$1,482
January 2026	$1,453
February 2026	$1,450
March 2026	$1,453
April 2026	$1,384
May 2026	$1,387
June 2026	$1,418
July 2026	$1,347
August 2026	$1,418

Affordability calculator

Can I afford to live at 1524 Ne 40th Ave #203?

Bedrooms

1 bedroom

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

$43,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this 1-bedroom monthly rent price of $1,095.

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

Check availability

Rent history

Check out the past listing prices for monthly rent at 1524 Ne 40th Ave, Portland, OR.
			Bath
2 months ago	$1,020	1 bed	1 bath
2 months ago	$1,020	Studio	1 bath
2 months ago	$1,295	1 bed	1 bath
2 months ago	$1,295	1 bed	1 bath
2 months ago	$1,110	Studio	1 bath
2 months ago	$1,295	1 bed	1 bath
3 months ago	$1,129	Studio	1 bath
4 months ago	$1,020	Studio	1 bath
4 months ago	$1,129	Studio	1 bath
4 months ago	$1,145	1 bed	1 bath

Schools near 1524 Ne 40th Ave #203

Internet available near 1524 Ne 40th Ave #203

Getting around Portland near 1524 Ne 40th Ave #203

Walking

10/10

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

Driving

5/10

This area is accessible to thoroughfares and has ample parking options.

Cycling

6/10

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

Transit

8/10

Popular public transit options are just a short walk from this location.

Points of interest for 1524 Ne 40th Ave #203, Portland

Groceries

10/10

Exceptional variety of groceries within a few minutes' walk

Shopping

9/10

Wide variety of shops within a few minutes' walk

Cafes

10/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10

Wide variety of restaurants within a few minutes’ walk

Primary schools

8/10

At least one elementary school within a 15-minute walk

High schools

8/10

At least one high school within a 10-minute walk

Parks

7/10

Large amount of park space nearby

Nightlife

9/10

Exceptional variety of bars right within a few minutes’ walk

Explore the area around 1524 Ne 40th Ave #203

Trader Joe's

4121 NE Halsey St

Grocery Outlet

4420 NE Hancock St

Hollywood Farmers Market

4420 NE Hancock St

Whole Foods Market

4301 NE Sandy Blvd

JT Market

4438 NE Glisan St

Other units at this address

1524 Ne 40th Ave, Portland, OR

1524 Ne 40th Ave Portland, OR

Occupied

302

Studio

1 Bath

292 sqft

$1,020

Hardwood Floor • In-Unit Laundry • Assigned Parking • Balcony • Microwave

Listed by The Alpine Group Inc

Days on market: 193

Sign a 9‑month lease by 3/25 and get 3 weeks FREE, or choose a 15‑month lease and enjoy 4 weeks FREE rent. Flexible lease terms available (6–18 months). Live smart and stylish at Meridian 40, a boutique apartment community in Portland’s highly walkable Hollywood District. This efficiently designed studio maximizes every square foot, offering an open layout that feels bright, modern, and easy to live in. Enjoy stainless‑steel appliances, crisp white cabinetry, contemporary countertops with backsplash, and durable hard‑surface flooring throughout. The thoughtfully planned space easily accommodates your living, sleeping, and work‑from‑home needs. In‑unit washer and dryer add everyday convenience rarely found in studios. The building features secure entry and a welcoming lobby, providing comfort and peace of mind. Step outside and you’re just moments from Trader Joe’s, local shops, dining, and transit, making this an ideal home for anyone who values walkability and connection. Utilities: • Tenant pays electric (Pacific Power) • Water/Sewer billed monthly • Trash $25/month Pets: One pet (under 50 lbs) considered with approval. Pet rent $25/month plus additional deposit. Breed restrictions apply. Smoke‑free community. Schedule your tour today and discover how well a studio can live. 9-, 12-, and 15-month lease options with free rent - inquire today! Flexible lease terms available (6–18 months). Welcome to Meridian 40, a boutique, modern apartment community in the heart of Portland’s desirable Hollywood District. These thoughtfully designed homes feature stainless‑steel appliances, bright white cabinetry, stylish countertops with backsplash, durable hard‑surface flooring, and in‑unit washer/dryer for everyday convenience. The secure building offers controlled access and a welcoming lobby, combining comfort with peace of mind. Step outside and enjoy unbeatable walkability—Trader Joe’s, shops, dining, and transit are just steps away. Utilities: • Tenant pays electric (Pacific Power) • Water/Sewer billed monthly • Trash $25-32/month Pets: One pet considered (under 50 lbs) with approval. Pet rent $25/month plus additional deposit. Breed restrictions apply. Smoke‑free community. Schedule your tour online today and see why Meridian 40 is the perfect place to call home.

Occupied

206

Studio

1 Bath

328 sqft

$1,070

Hardwood Floor • In-Unit Laundry • Assigned Parking • Balcony • Microwave

Listed by The Alpine Group Inc

Days on market: 249

Sign a 9‑month lease by 3/25 and get 3 weeks FREE, or choose a 15‑month lease and enjoy 4 weeks FREE rent. Flexible lease terms available (6–18 months). Live smart and stylish at Meridian 40, a boutique apartment community in Portland’s highly walkable Hollywood District. This efficiently designed studio maximizes every square foot, offering an open layout that feels bright, modern, and easy to live in. Enjoy stainless‑steel appliances, crisp white cabinetry, contemporary countertops with backsplash, and durable hard‑surface flooring throughout. The thoughtfully planned space easily accommodates your living, sleeping, and work‑from‑home needs. In‑unit washer and dryer add everyday convenience rarely found in studios. The building features secure entry and a welcoming lobby, providing comfort and peace of mind. Step outside and you’re just moments from Trader Joe’s, local shops, dining, and transit, making this an ideal home for anyone who values walkability and connection. Utilities: • Tenant pays electric (Pacific Power) • Water/Sewer billed monthly • Trash $25/month Pets: One pet (under 50 lbs) considered with approval. Pet rent $25/month plus additional deposit. Breed restrictions apply. Smoke‑free community. Schedule your tour today and discover how well a studio can live. Sign a 9‑month lease by 3/25 and get 3 weeks FREE, or choose a 15‑month lease and enjoy 4 weeks FREE rent. Flexible lease terms available (6–18 months). Welcome to Meridian 40, a boutique, modern apartment community in the heart of Portland’s desirable Hollywood District. These thoughtfully designed homes feature stainless‑steel appliances, bright white cabinetry, stylish countertops with backsplash, durable hard‑surface flooring, and in‑unit washer/dryer for everyday convenience. The secure building offers controlled access and a welcoming lobby, combining comfort with peace of mind. Step outside and enjoy unbeatable walkability—Trader Joe’s, shops, dining, and transit are just steps away. Utilities: • Tenant pays electric (Pacific Power) • Water/Sewer billed monthly • Trash $25-32/month Pets: One pet considered (under 50 lbs) with approval. Pet rent $25/month plus additional deposit. Breed restrictions apply. Smoke‑free community. Schedule your tour online today and see why Meridian 40 is the perfect place to call home.

Occupied

104

Studio

1 Bath

333 sqft

$1,095

Hardwood Floor • In-Unit Laundry • Assigned Parking • Balcony • Microwave

Listed by The Alpine Group Inc

Days on market: 205

Sign a 9‑month lease by 3/25 and get 3 weeks FREE, or choose a 15‑month lease and enjoy 4 weeks FREE rent. Flexible lease terms available (6–18 months). Live smart and stylish at Meridian 40, a boutique apartment community in Portland’s highly walkable Hollywood District. This efficiently designed studio maximizes every square foot, offering an open layout that feels bright, modern, and easy to live in. Enjoy stainless‑steel appliances, crisp white cabinetry, contemporary countertops with backsplash, and durable hard‑surface flooring throughout. The thoughtfully planned space easily accommodates your living, sleeping, and work‑from‑home needs. In‑unit washer and dryer add everyday convenience rarely found in studios. The building features secure entry and a welcoming lobby, providing comfort and peace of mind. Step outside and you’re just moments from Trader Joe’s, local shops, dining, and transit, making this an ideal home for anyone who values walkability and connection. Utilities: • Tenant pays electric (Pacific Power) • Water/Sewer billed monthly • Trash - $25/month Pets: One pet (under 50 lbs) considered with approval. Pet rent $25/month plus additional deposit. Breed restrictions apply. Smoke‑free community. Schedule your tour today and discover how well a studio can live. Sign a 9‑month lease by 3/25 and get 3 weeks FREE, or choose a 15‑month lease and enjoy 4 weeks FREE rent. Flexible lease terms available (6–18 months). Welcome to Meridian 40, a boutique, modern apartment community in the heart of Portland’s desirable Hollywood District. These thoughtfully designed homes feature stainless‑steel appliances, bright white cabinetry, stylish countertops with backsplash, durable hard‑surface flooring, and in‑unit washer/dryer for everyday convenience. The secure building offers controlled access and a welcoming lobby, combining comfort with peace of mind. Step outside and enjoy unbeatable walkability—Trader Joe’s, shops, dining, and transit are just steps away. Utilities: • Tenant pays electric (Pacific Power) • Water/Sewer billed monthly • Trash $25-32/month Pets: One pet considered (under 50 lbs) with approval. Pet rent $25/month plus additional deposit. Breed restrictions apply. Smoke‑free community. Schedule your tour online today and see why Meridian 40 is the perfect place to call home.

Occupied

306

Studio

1 Bath

457 sqft

$1,129

Hardwood Floor • In-Unit Laundry • Assigned Parking • Balcony • Microwave

Listed by The Alpine Group Inc

Days on market: 147

Modern Studio at Meridian 40 | Hollywood District Live in the heart of the sought-after Hollywood District—one of NE Portland’s most convenient and connected neighborhoods. This area is known for its walkability, excellent transit access, and vibrant mix of everyday essentials and local favorites. Enjoy proximity to grocery stores, coffee shops, restaurants, movie theaters, and the Hollywood Transit Center, making commuting downtown or across the city quick and easy. Nearby parks, tree-lined streets, and bike-friendly routes add to the neighborhood’s livability, while pet-friendly amenities make it easy to enjoy an active lifestyle with your furry companion. Apartment Features: * Efficient studio | 457 SF * Granite countertops * Stainless steel appliances * Modern finishes throughout * Secure entry building * Pet-friendly community Perfect for renters seeking modern living in a highly accessible, urban neighborhood. 9-, 12-, and 15-month lease options with free rent - inquire today! Flexible lease terms available (6–18 months). Welcome to Meridian 40, a boutique, modern apartment community in the heart of Portland’s desirable Hollywood District. These thoughtfully designed homes feature stainless‑steel appliances, bright white cabinetry, stylish countertops with backsplash, durable hard‑surface flooring, and in‑unit washer/dryer for everyday convenience. The secure building offers controlled access and a welcoming lobby, combining comfort with peace of mind. Step outside and enjoy unbeatable walkability—Trader Joe’s, shops, dining, and transit are just steps away. Utilities: • Tenant pays electric (Pacific Power) • Water/Sewer billed monthly • Trash $25-32/month Pets: One pet considered (under 50 lbs) with approval. Pet rent $25/month plus additional deposit. Breed restrictions apply. Smoke‑free community. Schedule your tour online today and see why Meridian 40 is the perfect place to call home.