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- Income Restrictions
- Studio Bedrooms
- $999-$1,249Pricing
- 279–347Square Feet
About Park Avenue Apartments
Welcome to your new home in the heart of downtown Portland! This modern 12-story community offers thoughtfully designed studio apartment homes at an affordable price—perfect for part-time students, professionals, and anyone seeking vibrant city living without the high cost. Park Avenue's brand new studios feature smart layouts, large windows, and contemporary finishes, creating a comfortable space that fits your lifestyle. Enjoy breathtaking views of the city skyline and easy access to everything Portland has to offer. Park Avenue is situated in the heart of Portland State University, offering part-time students a prime location with easy access to campus and city living without the high city price tag. With an impressive Walk Score of 91, residents can easily explore all that downtown Portland has to offer on foot. Each Saturday, enjoy being just steps away from one of Oregon’s largest farmers markets, held at the PSU main quad. Park Avenue is also a short walk from the Pearl District and downtown, where residents can experience a wide variety of local restaurants, cafés, shops, and popular events like First Thursdays at the Pearl District. With convenient access to public transportation, Park Avenue makes it easy to enjoy everything Portland has to offer! Community Highlights: Affordable rent options Secure 11-story building Elevator access Full Size Refrigerators! On-site laundry facilities Bike storage and nearby transit connections Live where life happens. Discover comfort, convenience, and community! Tours available soon! Check back weekly for details.
Park Avenue Apartments is located in the Southwest Hills Neighborhood and 97201 Zip code of Portland, OR. This community is professionally managed by Cascade Management, Inc.
Property Contact Info

Floorplan Pricing and Availability
Park Avenue Apartments offers Studio apartments starting from $999 and having 279–347 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio
From $999
Studio, 1 Bath, 279-347 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft From $999 Available Now Studio 279-347 sq ft Model Amenities and Features
Features
- Heating
- High Speed Internet Access
- Smoke Detector
- Sprinkler System
- Tenant Controlled HVAC
- Tub/Shower
- Wi-Fi
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price Range
- $999 - $1,249
Schedule a Tour
Property Information
- 98 Units
- 11 Stories
- Built in 2026
- View Property Website
Income Restrictions At Park Avenue Apartments
Income restrictions apply to some or all residents. Contact the community for more information.
| # Persons | 60% Income Limit |
|---|---|
| 1 | $52,140 |
| 2 | $59,580 |
| 3 | $67,020 |
| 4 | $74,460 |
| 5 | $80,460 |
| 6 | $86,400 |
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
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Other Fees
Parking Fees
- Parking FeeiCharged per vehicle$0/mo
Street
Storage Fees
- Storage FeeiCharged Per Rentable Item$0
- Storage FeeiCharged Per Unit$0
BikeRack
Bike Storage
Pet Fees
- No Pets Allowed
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
- Built In Bike Rack
On-Site Services
- Maintenance On Site
- Property Manager On Site
- 24 Hour Access
- Laundry Facilities
Community Features
- Multi Use Room
- Disposal Chutes
- Elevator
Outdoor Features
- Controlled Access
Recreation and Fitness
- Walking/Biking Trails
- Bicycle Storage
Interior Features
- Tenant Controlled Hvac
- Smoke Detector
- Sprinkler System
- Tub/Shower
- High Speed Internet Access
- Heating
- Wi Fi
Kitchen Amenities
- Oven
- Microwave
- Range
- Refrigerator
- Kitchen
Living Area Features
- Views
- Vinyl Flooring
- Window Coverings
Pet Policy
- No Pets Allowed

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Park Avenue Apartments
Where is Park Avenue Apartments located?
Park Avenue Apartments is located at 2059 SW Park Ave near the Southwest Hills area of Portland, OR
What is the current rent range at Park Avenue Apartments?
Studio at Park Avenue Apartments is $999. Call today for more info!
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at Park Avenue Apartments is: Brand New Now Leasing~~One-Month FREE Rent Studios starting at $999/month ALL UTILITIES INCLUDED Waived screening fee - $50 savings Full kitchen with full size refrigerator. Breathtaking Views..
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
West Sylvan Middle School
Ainsworth Elementary School
Lincoln High School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Park Avenue Apartments.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Safeway
Colleges and Universities
Oregon Health and Science University - South Waterfront Campus
Groceries
Trader Joe's
Cash & Carry
Safeway
Hospitals
Shriners Hospital For Children - Portland
Ohsu Hospital And Clinics
Legacy Good Samaritan Medical Center
Military Bases
Portland Airport Air Guard Station
Camp Withycombe National Guard
Parks and Recreation
Park Avenue Apartments has 2 parks within 3.1 miles, including Pittcock Mansion, and Oaks Amusement Park.
Shopping Centers
Park Avenue Apartments has 5 shopping centers within 0.9 miles.
Transit Stations
SW Park & Mill-Portland Streetcar
SW Park & Market-Portland Streetcar
SW 10th & Clay-Portland Streetcar
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $1,340 | $412 | $2,813 |
| Portland 1 Bedroom Apartments | $1,751 | $750 | $6,675 |
| Portland 2 Bedroom Apartments | $2,070 | $668 | $8,930 |
| Portland 3 Bedroom Apartments | $2,588 | $765 | $10,000+ |
| Portland 4 Bedroom Apartments | $5,929 | $1,987 | $10,000+ |
| Portland 5 Bedroom Apartments | $7,634 | $4,250 | $10,000+ |
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