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Updated 12 minutes ago

Cool Reed College One Bedroom


5034 SE 37th Ave Portland, OR

1 Bed
1 Bath

600 Sq. Ft.

Available starting Aug. 8th
1 Bed • 1 Bath
$1,395
600 ft2
1 Available
Managed By: Core, Realtors
Unit 5034
$1,395
Available Aug 8th, 2026
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2 Beds • 1 Bath
$1,695
900 ft2
0 Available
Managed By: Core, Realtors
5038 SE 37th Ave.
$1,695
Rented
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2 Beds • 1 Bath
$1,695
850 ft2
0 Available
Managed By: Core, Realtors
5040 SE 37th Ave.
$1,695
Rented
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Description

Self-guided tour available (requires proof of income of at least 2.5 times the rent, and answering covid-19 related screening questions).
Garden style apartment, classy 1950's mid-century modern renovation superlative in all the details. The property features an amazing location, walk too\ services in all directions.....Reed College, Trader Joes, Starbucks, the list goes on. Included is a full size storage locker (12 by 12) in the common area basement with full laundry onsite for EZ access.
The unit has been updated with gleaming wood flooring, newer windows, and newer kitchen with SS appliances. Bathroom was renovated and with newer fixtures, lighting, and subway shower/tile surround make for a complete cool package. Hardwoods are light and bright, rounding out this excellence.
Included in the rent is water/sewer/garbage PLUS HEAT and a massive locker in the basement too. Resident pays only for electricity. Pets are considered on a case by case basis for additional deposit $250 deposit.
-12 month lease
-Rent $1395
-Deposit $1000
-Pet deposit $250 per pet; 2 pet max (dogs under 25 pounds) with good reference from current landlord.
This unit is posted for advertisement 8/08/26 at 4:20PM, and applications will be accepted 8/11/26 at 4:20PM. The dwelling unit is not a "type A Unit", Accessible Dwelling Unit.
This unit is for those that want the best, expect the best, and deserve the best.

Additional Details
Total Unit Count: 1
Last Updated: Updated 12 minutes ago
Contact Number: (503) 985-2132
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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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 Cool Reed College One Bedroom by bedroom type below.
1 Bedroom
Suggested income:
$50,200
per year
Rent report

Cool Reed College One Bedroom Rent vs. Portland Average

 Cool Reed College One Bedroom      Portland Average
1BR
$1,395
$1,502
$0
$500
$1,000
$1,500
$2,000

Cool Reed College One Bedroom is asking 7% less than the average 1 bedroom apartment in Portland.

If you upsized to an average priced Portland 2 bedroom apartment, you would pay 21% more per month.

If you downsized to an average priced Portland studio apartment, you would pay 24% less per month.

Cool Reed College One Bedroom provides 2% less square footage than the average Portland 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Cool Reed College One Bedroom
1BR $1,395 $2.30 $4,185
Portland Average
Studio $1,212 $3.00 $3,637
1BR $1,502 $2.50 $4,507
2BR $1,910 $2.10 $5,731
3BR $2,342 $1.90 $7,026
4BR $4,230 $1.80 $12,689

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 1,763 1BR units on the market in Portland. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
25% 38% 30% 5% 1%
Available Units in Portland
Studio 1,145
1BR 1,763
2BR 1,379
3BR 243
4BR 68
Location
Nearby Colleges
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 August 08, 2026.
What's the square footage of the available units?
It's 600 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 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Cool Reed College One Bedroom has a 1 bedroom unit starting at $1,395.
Where is this property located?
This property is at 5034 SE 37th Ave in Portland, OR. It's 3.6 miles southeast from the center of Portland.
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