Fifth Avenue Place Apartments

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(971) 351-3767
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314 NW 5th Ave, Portland, OR 97209

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Fifth Avenue Place Apartments

314 NW 5th Ave
Portland, OR 97209
(971) 351-3767
Fifth Avenue Place Apartments in Portland, OR - Building Photo
  • Studio–2 Bedrooms
  • $845-$1,040Pricing
  • 415–800Square Feet

About Fifth Avenue Place Apartments

Located in Downtown Portland within walking distance to multiple bus lines, MAX and Streetcar. Stores such as World Foods, Whole Foods, Powell's Book Store, and Safeway are all within a few blocks of the property. Recently reduced rental rates! Call or Email us today to schedule a time to tour our community!!

Fifth Avenue Place Apartments is located in the Old Town Chinatown Neighborhood and 97209 Zip code of Portland, OR. This community is professionally managed by Meritus Property Group, LLC

Unique Features and Amenities

  • Bike Storage available for Lease
  • Breakfast Bar
  • Ceiling Fan
  • Courtyard with BBQs
  • Downtown location
  • Fast Mesh Wireless available
  • Full Size Kitchens
  • Large Closets with Ample Storage
  • Large windows
  • Rent Includes Water, Hot Water & Trash
  • Some Garage Parking Available
  • Stove/Oven

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Fifth Avenue Place Apartments offers Studio to 2 Bedroom apartments starting from $845 and having 415–800 sq ft. Here is the current pricing and availability:

  • Studio

    Studio 425

    From $845

    Studio, 1 Bath, 415-425 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $845Available Now609425
    $925Available Now213425
    $925Available Now309415

    Model Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Wheelchair Accessible (Rooms)

    Kitchen

    • Dishwasher
    • Instant Hot Water
    • Kitchen
    • Oven
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $845 - $1,000

    Current Available Pricing

    • $845 - $925

    Unit 609 Rent and Fees

    Unit Price

    • $845

    Model Rent and Fees

    Model Price Range

    • $845 - $1,000

    Unit 213 Rent and Fees

    Unit Price

    • $925

    Model Rent and Fees

    Model Price Range

    • $845 - $1,000

    Unit 309 Rent and Fees

    Unit Price

    • $925

    Model Rent and Fees

    Model Price Range

    • $845 - $1,000
  • 1 Bedroom

    1BR/1BA 600

    $1,040

    1 Bed, 1 Bath, 600 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,040Available Now601600

    Model Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Wheelchair Accessible (Rooms)

    Kitchen

    • Dishwasher
    • Instant Hot Water
    • Kitchen
    • Oven
    • Refrigerator

    Unit 601 Rent and Fees

    Unit Price

    • $1,040

    Model Rent and Fees

    Price

    • $1,040

    1BR/1BA 625

    1 Bed, 1 Bath, 625 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for Availability1BR/1BA 625625 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Wheelchair Accessible (Rooms)

    Kitchen

    • Dishwasher
    • Instant Hot Water
    • Kitchen
    • Oven
    • Refrigerator

    1BR/1BA 675

    1 Bed, 1 Bath, 675 sq ft
     
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    Availability DateUnitSq Ft
    Call for Availability1BR/1BA 675675 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Wheelchair Accessible (Rooms)

    Kitchen

    • Dishwasher
    • Instant Hot Water
    • Kitchen
    • Oven
    • Refrigerator
    Show Unavailable Floorplans
  • 2 Bedrooms

    2BA/1BA 800

    2 Beds, 1 Bath, 800 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for Availability2BA/1BA 800800 sq ft

    Model Amenities and Features

    Features

    • Heating
    • High Speed Internet Access
    • Smoke Free

    Kitchen

    • Dishwasher

    Living Space

    • Carpet
    • Vinyl Flooring
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (971) 351-3767 to schedule a tour.

Property Information

Income Restrictions At Fifth Avenue Place Apartments

Income restrictions apply to some or all residents. Contact the community for more information.

# Persons60% Income Limit
1$52,440
2$59,940
3$67,440
4$74,880
5$80,880
6$86,880
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Fees and Policies

Pet Policy and Fees

Cats

    Restrictions:

    None

    Comments: Maximum of 2 pets allowed per residence.

    Dogs

    • 35 Lb Weight Limit
    Restrictions:

    We do not allow German Shepherd, American Pit Bull Terrier, Husky, Doberman, Mastiff, Great Dane, Rottweiler, American Staffordshire Terrier, Staffordshire Bull Terrier, American Bulldog, Wolf Hybrids, Saint Bernard, Chow Chow, or Akita.

    Comments: Maximum of 2 pets allowed per residence.

    Parking Info and Fees

    Garage Parking
    • 1 Max

    Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

    Features and Amenities

    On-Site Services

    • Maintenance On Site
    • Property Manager On Site
    • Public Transportation
    • 24 Hour Access
    • Laundry Facilities

    Community Features

    • Elevator

    Outdoor Features

    • Courtyard

    Recreation and Fitness

    • Bicycle Storage

    Interior Features

    • Ceiling Fans
    • Air Conditioning
    • Wheelchair Accessible (Rooms)

    Kitchen Amenities

    • Oven
    • Dishwasher
    • Refrigerator
    • Instant Hot Water
    • Kitchen
    Google Map

    Map

    314 NW 5th Ave, Portland, OR 97209

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    Monday6:00 am–3:30 pm
    Tuesday6:00 am–3:30 pm
    Wednesday6:00 am–3:30 pm
    Thursday6:00 am–3:30 pm
    Friday6:00 am–3:30 pm
    SaturdayClosed
    SundayClosed

    Frequently Asked Questions about Fifth Avenue Place Apartments

    Where is Fifth Avenue Place Apartments located?

    Fifth Avenue Place Apartments is located at 314 NW 5th Ave near the Old Town Chinatown area of Portland, OR

    What is the current rent range at Fifth Avenue Place Apartments?

    Studio to 2 Bedroom Apartments at Fifth Avenue Place Apartments currently range from $845 to $1,040

    When is the leasing office open?

    • The office Hours for Fifth Avenue Place Apartments are
    • Monday 6:00 am–3:30 pm
    • Tuesday 6:00 am–3:30 pm
    • Wednesday 6:00 am–3:30 pm
    • Thursday 6:00 am–3:30 pm
    • Friday 6:00 am–3:30 pm
    • Saturday Closed
    • Sunday Closed

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Lifestyle Ratings

    • Affordability Great Value3.8

      The Fifth Avenue Place Apartments Apartments are 41.95% cheaper than the average apartment in the Old Town Chinatown area, and 38.75% cheaper than the average apartment city-wide.

      Rent Comparison to the Old Town Chinatown Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      Studio$845$1,365-$520-38.1%
      1 Bedroom$1,040$1,919-$879-45.8%

      Rent Comparison to the city of Portland

      FloorplanLowest Price HereCity Average RentCost Difference%
      Studio$845$1,333-$488-36.6%
      1 Bedroom$1,040$1,759-$719-40.9%

      Methodology: On 03/01/2026, ApartmentHomeLiving.com compared current rents by floorplan to 2032 other apartment communities in the immediate area around Fifth Avenue Place Apartments (Old Town Chinatown), and 5803 other apartment communities in Portland using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 03/01/2026

    • Transit Friendly 4.0

      Transit Friendly apartments feature a fantastic location and great access to local mass transit.

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    1 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
    • Sketchy but central..

      August 17, 2015
      I had a few mishaps with theft and break-ins durning my one year stay here-- however the downtown location without the downtown price was quite appealing. Not bad, but not great. If you want to be close to the action and are willing to take a very slight risk, this may be perfect.
      Review from Apartments.com

    Nearby Schools

    West Sylvan Middle School

    Portland School District 1j
    8111 Southwest West Slope Drive
    Public School - Grades 6-8 (757 Students)
    In Attendance Zone9 minute drive / 4.4 miles away
    5/10

    Chapman Elementary School

    Portland School District 1j
    1445 Northwest 26th Avenue
    Public School - Grades K-5 (350 Students)
    In Attendance Zone4 minute drive / 1.6 miles away
    5/10

    Lincoln High School

    Portland School District 1j
    1750 Southwest Salmon Street
    Public School - Grades 9-12 (1525 Students)
    In Attendance Zone2 minute drive / 0.9 miles away
    8/10
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Fifth Avenue Place Apartments.

    Arts Museums and Landmarks

    Oregon Jewish Museum

    310 NW Davis St
    1 minute drive / 0.49 miles away

    Portland Art Museum

    1219 SW Park Avenue
    2 minute drive / 0.96 miles away

    Oregon Museum of Science and Industry

    1945 SE Water Avenue
    4 minute drive / 1.65 miles away

    Big Box and Retail

    Walgreens

    1620 NE Grand Ave
    3 minute drive / 1.02 miles away

    Safeway

    1100 NE Broadway St
    3 minute drive / 1.29 miles away

    Walgreen's

    6116 NE M L King Blvd
    5 minute drive / 2.73 miles away

    Colleges and Universities

    Pacific Northwest College Of Art

    511 NW Broadway
    1 minute drive / 0.22 miles away

    Portland State University

    724 SW Harrison
    4 minute drive / 1.37 miles away

    Oregon Health and Science University - South Waterfront Campus

    3303 SW Bond Avenue
    4 minute drive / 2.19 miles away

    Groceries

    Cash & Carry

    1420 NW 14th Ave
    1 minute drive / 0.33 miles away

    Trader Joe's

    2120-2122 NW Glisan St
    2 minute drive / 0.78 miles away

    Safeway

    1100 NE Broadway St
    3 minute drive / 1.29 miles away

    Hospitals

    Legacy Good Samaritan Medical Center

    1015 Nw 22nd Avenue, W121
    2 minute drive / 0.8 miles away

    Legacy Emanuel Medical Center

    2801 N Gantenbein Avenue
    3 minute drive / 1.1 miles away

    Shriners Hospital For Children - Portland

    3101 Sw Sam Jackson Park Road
    4 minute drive / 2.08 miles away

    Military Bases

    Portland Airport Air Guard Station

    11 minute drive / 5.27 miles away

    Camp Withycombe National Guard

    21 minute drive / 10.08 miles away

    Parks and Recreation

    Pittcock Mansion

    3229 NW Pittock Drive
    5 minute drive / 1.81 miles away

    Oaks Amusement Park

    7805 SE Oaks Park Way
    9 minute drive / 4.26 miles away

    Fifth Avenue Place Apartments has 2 parks within 4.3 miles, including Pittcock Mansion, and Oaks Amusement Park.

    Shopping Centers

    9th & Everett

    223 NW 9th Ave
    1 minute drive / 0.35 miles away

    DUP BLDG

    224 NW 13th Ave
    1 minute drive / 0.41 miles away

    Glisan Center

    512-535 NW 17th Ave
    1 minute drive / 0.44 miles away

    Fifth Avenue Place Apartments has 5 shopping centers within 0.5 miles.

    Transit Stations

    NW 10th & Marshall-Portland Streetcar

    1 minute drive / 0.08 miles away

    NW 10th & Johnson-Portland Streetcar

    1 minute drive / 0.12 miles away

    NW 11th & Johnson-Portland Streetcar

    1 minute drive / 0.14 miles away

    Nearby Neighborhoods

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    Studio to 3 Bedroom Apartments from $500
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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Portland Studio Apartments $1,333$500$3,246
    Portland 1 Bedroom Apartments $1,759$698$6,675
    Portland 2 Bedroom Apartments $2,086$762$8,930
    Portland 3 Bedroom Apartments $2,584$842$10,000+
    Portland 4 Bedroom Apartments $5,769$1,902$10,000+
    Portland 5 Bedroom Apartments $8,207$4,250$10,000+

    Browse Top Apartments in Portland

    Viewing: Fifth Avenue Place Apartments | Desktop Version | Listing Updated: 02/27/2026 | AHLPLA