Home / Portland / University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included!
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Updated 34 minutes ago

University Park 2 Bd/2 Bth W/parking- Water/sewer/trash...

VERIFIED

1500 SW Park Ave Portland, OR

2 Bed
2 Bath

879 Sq. Ft.

Available starting Dec. 15th
1 Bed • 1 Bath
$1,350 - $1,450
597 ft2
0 Available
Managed By: Rental Management Services, Inc.
1500 SW Park Ave #210
$1,450
Rented
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1500 SW Park Ave, # 106
$1,395
Rented
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-
$1,350
Rented
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1 Bed • 1 Bath
$1,350 - $1,545
597 ft2
0 Available
Managed By: Holland Properties, Inc.
1500 SW Park Ave APT 114
$1,545
Rented
View
-
$1,350
Rented
View
1 Bed • 1 Bath
$1,695
597 ft2
0 Available
Managed By: Rent Portland Homes Professionals
-
$1,695
Rented
View
2 Beds • 2 Bath
$2,300
879 ft2
1 Available
Managed By: Et Portfolio
-
$2,300
Available Dec 15th, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
99
Walker's Paradise
Transit Score®
94
Rider's Paradise
Bike Score®
89
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Elevator
Smoke-free Community
Fees & leasing info
Parking
Garage - Attached
Property details
Description

PROPERTY ADDRESS: 1500 SW Park Ave, Unit 221, Portland, OR 97201
COUNTY: Multnomah
APPROX. SQ. FT.: 879
BEDROOMS: 2
BATHROOMS: 2
LEASE TERMS: 12 Months+
SCREENING CHARGE: $55 per adult applicant
Separate check is required for screening charges.
DESCRIPTION:
*The lovely and recently renovated University Park Condo Community, in Portland's Cultural District, is conveniently located near PSU, the streetcar, as well as a farmers market.
*CITY Sophisticated living in Downtown Portland's historic south park blocks.
*Nestled in the tree line, this corner unit comes with a private balcony overlooking the city lights down Broadway.
* Common Room
* Hardwood Floors
* Community Hot Tub
* Fitness Room
* Dedicated Parking Spot
* Stainless Steel Appliances
* Granite Counter Tops
* Washer/Dryer Included
* Balcony
* Tub/shower
* A/C
* Walk-in Closet
*1 parking assigned in the garage
DIRECTIONS: SW Park and SW Market
SCHOOLS:
Chapman Elementary
West Sylvan Middle
Lincoln High
HEAT: Electric
APPLIANCES: Stove, Refrigerator, Dishwasher, Garbage Disposal, A/C
AMENITIES: Dedicated Parking, Balcony, City View
UTILITIES INCLUDED IN RENT: Water, Sewer and Garbage
UTILITIES NOT INCLUDED IN RENT: Electric, Internet, Cable and Phone
PET POLICY: No Pets
VEHICLE RESTRICTIONS: One Dedicated Parking Space in Secure Parking Garage
SPECIAL TERMS: No Smoking. HOA Move In Fee of $300 and Move Out Fee of $300 due to the HOA prior to move in. Renter's Insurance is Required at the time of Move-In with a minimum $100,000 in Liability Protection.
First and Last months rent is required at move in.
INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED.
*This unit is not an accessible unit. Illume will begin accepting applications 09/12/2022. In compliance with FAIR Ordinance please click this link for further information , screening criteria and applicants rights and responsibilities https://www.illumepm.com/prospective-residents.
OBLIGO OPTION:
Avoid Paying a Cash Deposit – Qualify for FolioGuard by Obligo’s Deposit-Free Move-In!
 
Interested in keeping more money in your pocket at move-in? We’re pleased to offer you the option to qualify for a deposit-free move-in with Obligo. This simple and fast process could save you the hassle and upfront cost of a traditional cash deposit.
For more information and to see if you qualify, copy & paste this link into your browser:
https://go.myobligo.com/illume-application
RENTAL QUALIFICATIONS:
To find the full rental criteria for properties in the City of Portland: https://www.illumepm.com/pdf/City%20of%20PDX%20Standard%20Criteria%20(1).pdf
To find the full rental criteria for properties outside of the City of Portland in Oregon: https://www.illumepm.com/pdf/Rental%20Application%20(not%20for%20City%20of%20Portland)-2.pdf

Additional Details
Total Unit Count: 1
Last Updated: Updated 34 minutes ago
Contact Number: (971) 717-3548 ext: 5
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included! by bedroom type below.
2 Bedroom
Suggested income:
$82,800
per year
Rent report

University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included! Rent vs. Portland Average

 University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included!      Portland Average
2BR
$2,300
$1,827
$0
$750
$1,500
$2,250
$3,000

University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included! is asking 26% more than the average 2 bedroom apartment in Portland.

If you upsized to an average priced Portland 3 bedroom apartment, you would pay 26% more per month.

If you downsized to an average priced Portland 1 bedroom apartment, you would pay 23% less per month.

University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included! provides 1% less square footage than the average Portland 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included!
2BR $2,300 $2.60 $6,900
Portland Average
Studio $1,203 $3.00 $3,608
1BR $1,485 $2.40 $4,456
2BR $1,827 $2.10 $5,482
3BR $2,470 $1.80 $7,411
4BR $3,772 $1.60 $11,317

Availability in Portland

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,841 1BR units on the market in Portland. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
24% 37% 31% 7% 2%
Available Units in Portland
Studio 1,210
1BR 1,841
2BR 1,538
3BR 334
4BR 77
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Shri NER S Hospital For Children Portland 0.91 mi.
Ohsu Hospital And Clinics 1.05 mi.
Ohsu Transplant Hospital 1.05 mi.
Nearby Fire Stations
Name Distance
Portland Fire & Rescue 0.81 mi.
Hillsdale Fire Protection District 2.68 mi.
Vermont Fire Protection District 3.36 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on December 15, 2025.
What's the square footage of the available units?
It's 879 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
University Park 2 Bd/2 Bth W/parking- Water/sewer/trash Included! has a 2 bedroom unit starting at $2,300.
Where is this property located?
This property is at 1500 SW Park Ave in Portland, OR. It's 0.7 miles southwest from the center of Portland.
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