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Milepost 5 Apartments

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(971) 351-0406
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850 NE 81st Ave, Portland, OR 97213

Contact

Milepost 5

850 NE 81st Ave
Portland, OR 97213
(971) 351-0406
Milepost 5 in Portland, OR - Building Photo
  • Studio–2 Bedrooms
  • $320-$1,396 Pricing
  • 108–633 Square Feet

About Milepost 5

Welcome home to Milepost 5! Our affordable housing community in Portland, OR, offers private studio units, community amenities, and a well-connected address. Located on a two-acre campus in the historic Montavilla neighborhood, half the units feature their own bathroom en suite, while the other half have dorm-style bathrooms. All units have shared kitchens, and laundry is available on-site. Our SRO apartments range from 130 – 400 square feet. Water, sewer, garbage and electric are included in your rent. Our community includes a gallery space available for resident reservation to host their own art shows. Small commercial work spaces are available to rent. Please come by and visit our community today.

Milepost 5 is located in the Montavilla Neighborhood and 97213 Zip code of Portland, OR. This community is professionally managed by FPI Management

Property Contact Info

Office Hours

Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
Saturday9:00 am–5:00 pm
SundayClosed

Floorplan Pricing and Availability

Milepost 5 offers Studio to 2 Bedroom apartments starting from $320 and having 108–633 sq ft. Here is the current pricing and availability:

  • Studio

    StuSRO-140

    $977

    Studio, 1 Bath, 140 sq ft
    Available Jul 21

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $977 July 21, 2026255140$500
    $977 July 21, 2026319140$500
    $977 July 21, 2026324140$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Model Rent and Fees

    Model Price

    • $977

    Unit 255 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    Unit 319 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    Unit 324 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    StuSROS-200

    $977

    Studio, 1 Bath, 200 sq ft
    Available Jul 21

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $977 July 21, 2026114200$500
    $977 July 21, 2026254200$500
    $977 July 24, 2026214200$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Model Rent and Fees

    Model Price

    • $977

    Unit 114 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    Unit 254 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    Unit 214 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    StuSROFB-250

    $977

    Studio, 1 Bath, 250 sq ft
    Available Jul 21

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $977 July 21, 2026246250$500
    $977 July 21, 2026250250$500
    $977 July 21, 2026258250$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Model Rent and Fees

    Model Price

    • $977

    Unit 246 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    Unit 250 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    Unit 258 Rent and Fees

    Unit Price

    • $977

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $977

    COM7

    $320

    Studio, 1 Bath, 108 sq ft
    Available Jul 24
    Cheapest StudioThis is the cheapest Studio at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $320 July 24, 2026108108$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Unit 108 Rent and Fees

    Unit Price

    • $320

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $320

    COM3

    $593

    Studio, 1 Bath, 135 sq ft
    Available Jul 24

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $593 July 24, 2026104135$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Unit 104 Rent and Fees

    Unit Price

    • $593

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $593

    COM6

    $444

    Studio, 1 Bath, 163 sq ft
    Available Jul 24

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $444 July 24, 2026107163$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Unit 107 Rent and Fees

    Unit Price

    • $444

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $444

    COM1

    $485

    Studio, 1 Bath, 250 sq ft
    Available Jul 24

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $485 July 24, 2026101250$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Unit 101 Rent and Fees

    Unit Price

    • $485

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $485

    COM5

    Studio, 1 Bath, 129 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityCOM5129 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    COM8

    Studio, 1 Bath, 140 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityCOM8140 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    StuSROB-160

    Studio, 1 Bath, 160 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityStuSROB-160160 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    COM4

    Studio, 1 Bath, 199 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityCOM4199 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    COM2

    Studio, 1 Bath, 277 sq ft
     
    Largest StudioThis is the largest Studio at this Property

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityCOM2277 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range
    Show Unavailable Floorplans
  • 1 Bedroom

    1x1-370

    $1,396

    1 Bed, 1 Bath, 370 sq ft
    Available Jul 21

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,396 July 21, 2026302370$500

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    Unit 302 Rent and Fees

    Unit Price

    • $1,396

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,396
  • 2 Bedrooms

    2x1SM-512

    2 Beds, 1 Bath, 512 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for Availability2x1SM-512512 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range

    2x1LG-633

    2 Beds, 1 Bath, 633 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for Availability2x1LG-633633 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Wi-Fi
    • Windows

    Kitchen

    • Kitchen
    • Range
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) 351-0406 to schedule a tour.

3D Tours

Property Information

  • 95 Units
  • 3 Stories
  • Built in 1931

Income Restrictions At Milepost 5

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

# PersonsAnnual Income
1$47,400
2$54,180
3$60,960
4$67,680
5$73,140
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.

Lease Terms

  • 12 mo

Fees and Policies

Pet Policy and Fees

Pet Policies are Negotiable

Cats
Allowed
Dogs
Allowed

Parking Info and Fees

Surface Lot

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

Unique Amenities

  • Art House
  • Common Area Wifi
  • Community Garden
  • Community Kitchens
  • Onsite Laundry Rooms

On-Site Services

  • Maintenance On Site
  • Property Manager On Site
  • Video Patrol
  • 24 Hour Access
  • Key Fob Entry
  • Laundry Facilities

Community Features

  • Elevator

Outdoor Features

  • Controlled Access

Interior Features

  • Windows
  • Storage Space
  • Security System
  • Heating
  • Sprinkler System
  • Cable Ready
  • Air Conditioning
  • Wi Fi
  • Smoke Free

Kitchen Amenities

  • Range
  • Kitchen

Living Area Features

  • Carpet
Google Map

Map

850 NE 81st Ave, Portland, OR 97213

Frequently Asked Questions about Milepost 5

Where is Milepost 5 located?

Milepost 5 is located at 850 NE 81st Ave near the Montavilla area of Portland, OR

What is the current rent range at Milepost 5?

Studio to 2 Bedroom Apartments at Milepost 5 currently range from $320 to $1,396

When is the leasing office open?

  • The office Hours for Milepost 5 are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday 9:00 am–5:00 pm
  • Sunday Closed

Are pets allowed?

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

Lifestyle Ratings

  • Affordability Super Value4.0

    The Milepost 5 Apartments are 26.0% cheaper than the average apartment in the Montavilla area, and 48.15% cheaper than the average apartment city-wide.

    Rent Comparison to the Montavilla Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$320$887-$567-63.9%
    1 Bedroom$1,396$1,247+$14911.9%

    Rent Comparison to the city of Portland

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$320$1,343-$1,023-76.2%
    1 Bedroom$1,396$1,747-$351-20.1%

    Methodology: On 07/20/2026, ApartmentHomeLiving.com compared current rents by floorplan to 91 other apartment communities in the immediate area around Milepost 5 (Montavilla), and 5835 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 07/20/2026

  • Transit Friendly 3.2

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

Learn more about Lifestyle Search

Nearby Schools

Vestal Elementary School

Portland School District 1j
161 Northeast 82nd Avenue
Public School - Grades K-5 (257 Students)
In Attendance Zone1 minute drive / 0.3 miles away
8/10

Leodis V. McDaniel High School

Portland School District 1j
2735 Northeast 82nd Avenue
Public School - Grades 9-12 (1681 Students)
In Attendance Zone2 minute drive / 0.9 miles away
4/10
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 Milepost 5.

Arts Museums and Landmarks

Oregon Museum of Science and Industry

1945 SE Water Avenue
9 minute drive / 4.39 miles away

Oregon Jewish Museum

310 NW Davis St
9 minute drive / 4.55 miles away

Portland Art Museum

1219 SW Park Avenue
10 minute drive / 5.08 miles away

Big Box and Retail

Walgreens

8141 E Burnside St
1 minute drive / 0.47 miles away

Target

9800 SE Washington St
3 minute drive / 1.32 miles away

Safeway

6901 NE Sandy Blvd
4 minute drive / 1.37 miles away

Colleges and Universities

Portland Community College - Southeast Campus

2305 SE 82nd Ave
4 minute drive / 1.64 miles away

Mount Hood Community College - Maywood Park Campus

10100 NE Prescott
4 minute drive / 2.02 miles away

Concordia University-Portland

2811 NE Holman Street
8 minute drive / 3.89 miles away

Groceries

Fred Meyer

6615 NE Glisan St
2 minute drive / 0.79 miles away

Winco Foods

1222 NE 102nd Ave
3 minute drive / 1.14 miles away

Safeway

6901 NE Sandy Blvd
4 minute drive / 1.37 miles away

Hospitals

Adventist Health Portland

10123 Se Market Street
4 minute drive / 1.63 miles away

Providence Portland Medical Center

4805 Ne Glisan Street
5 minute drive / 1.67 miles away

Legacy Emanuel Medical Center

2801 N Gantenbein Avenue
9 minute drive / 4.44 miles away

Military Bases

Portland Airport Air Guard Station

7 minute drive / 3.44 miles away

Camp Withycombe National Guard

17 minute drive / 8.12 miles away

Parks and Recreation

Oaks Amusement Park

7805 SE Oaks Park Way
12 minute drive / 5.78 miles away

Pittcock Mansion

3229 NW Pittock Drive
14 minute drive / 6.63 miles away

Milepost 5 has 2 parks within 6.6 miles, including Oaks Amusement Park, and Pittcock Mansion.

Shopping Centers

Saigon Plaza

8211 NE Brazee St
2 minute drive / 0.72 miles away

Gateway Shopping Center

9908-10004 NE Halsey St
2 minute drive / 0.9 miles away

Asian-American Shopping Center

8200 NE Siskiyou St
2 minute drive / 0.99 miles away

Milepost 5 has 5 shopping centers within 1.1 miles.

Transit Stations

NE 82nd-MAX Red Line

1 minute drive / 0.25 miles away

NE 82nd-MAX Blue Line

1 minute drive / 0.25 miles away

NE 82nd-MAX Green Line

1 minute drive / 0.25 miles away

Nearby Neighborhoods

Montavilla

Studio to 4 Bedroom Apartments from $320
View Rentals

Roseway

Studio to 6 Bedroom Apartments from $1,095
View Rentals

Parkrose Heights

Studio to 5 Bedroom Apartments from $1,095
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Portland Studio Apartments $1,343$320$4,005
Portland 1 Bedroom Apartments $1,747$698$10,000+
Portland 2 Bedroom Apartments $2,090$837$8,630
Portland 3 Bedroom Apartments $2,532$1,028$10,000+
Portland 4 Bedroom Apartments $6,942$1,902$10,000+
Portland 5 Bedroom Apartments $10,483$5,098$10,000+

Browse Top Apartments in Portland

Viewing: Milepost 5 | Desktop Version | Listing Updated: 07/19/2026 | AHLPLA