Office Hours
Coming Soon...
Description
Move-In Special
Brand New Studios Starting at $999 PER MONTH
One Month FREE
Waived Application Fee ($50 in SAVINGS)
All Utilities Paid! (est. $75 SAVINGS per month)**
Affordable Downtown Living | Modern Studio Apartment Homes | 12-Story Community
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 | Part time students welcome
Secure 12-story building
Elevator access
Full-Size Refrigerator
On-site laundry facilities (every other floor)
Trash Chutes on every floor
Bike storage and nearby transit connections
Live where life happens. Discover comfort, convenience, and community!
2025 Income Limits:
| Persons | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 60% AMI | $52,140 | $59,580 | $67,020 | $74,460 | $80,460 | $86,400 | $92,340 | $98,340 |
*Park Avenue is an affordable housing community in Portland, OR that features studio apartment homes. Park Avenue is an income restricted property. All applicants must meet these income limits to qualify for homes at Park Avenue.
**Electricity, Water, Sewer, Garbage.
Interested in this community? Give us a call at (503) 943-5199 or contact us at parkavenueapartments@cascade-management.com.
To download an application, click below:
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
| Name | Rent* | Bed /Bath | SQ. Feet** | Layout | Available |
|---|---|---|---|---|---|
| Studio | $999 - $1249 | 0 bed / 1 bath | 279 - 347 Sq. Ft. | Plan Layout |
|
By Floorplan
Studio
By Price
$999 - $1249
By Square Feet
279 - 347 sq feet

- 279 - 347
- $999 - $1249
Neighborhood Amenities
- Banking
- City Parks
- Coffee House
- Gas Stations
- Grocery Stores
- Medical Facilities
- Movie Theaters
- Post Office
- Restaurants
- Schools
- Shopping
Apartment Amenities
- Heat (Electric)
- Large Windows
- Microwave
- Refrigerator
- Stove
- Vinyl Flooring
Pets
- No pets allowed
Housing Type
- 60% AMI
Availability
- New Construction
- Units Available
Community Amenities
- Bicycle Storage
- Elevator
- Laundry Facility
Parking
- Street Parking

