Charming 1BR in the Mississippi Ave District Income-Restricted (60% AMI)
$1,240/month + electricity | 500 sq. ft. | 1 Bed, 1 Bath
Live in the center of one of Portland's most iconic and walkable neighborhoods! This cozy and efficient 1-bedroom apartment places you right on Mississippi Ave, surrounded by local cafes, boutiques, restaurants, bars, and live music.
This 500 sq. ft. home is thoughtfully laid out, offering a comfortable living area, a well-sized bedroom, and hardwood flooring. Perfect for someone who wants an easy-to-maintain space with all the perks of urban living.
Features:
1 bedroom
1 full bathroom
Approx. 500 sq. ft.
Washer/Dryer Hookups
Hardwood and carpeted flooring
Bright living area
Small, well-maintained building in a prime location
Resident pays electricity; water/sewer/garbage included in rent
Terms of Lease:
Enjoy stability and flexibility:
12-month lease to start, then automatically converts to month-to-month
$750 security deposit (subject to screening)
No smoking
Income-restricted at 60% AMI
Enjoy all the energy of Mississippi Ave just steps from your door.
Ready to learn more or schedule a viewing? Reach out today!
We offer a simple and flexible leasing experience. Your initial lease term is 12 months, giving you a full year of stability in your new home. After the first year, the lease naturally transitions to a month-to-month agreement, so you can enjoy continued flexibility without the stress of signing a new long-term contract.
A $750 security deposit is required at signing (subject to screening).
This structure gives you the best of both worlds a secure home in an incredible neighborhood, with the freedom to stay as long as you love it.
Apartment for rent
$1,240/mo
Portland, OR 97227
1beds
500sqft
Price may not include required fees and charges.
Apartment
Available Fri Dec 19 2025
No pets
Hookups laundry
Baseboard
What's special
Well-sized bedroomHardwood flooringSmall well-maintained building
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Zillow last checked: 9 hours ago
Listing updated: 10 hours ago
The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & a competitive APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Appliances
- Included: Dishwasher, Oven, Refrigerator, WD Hookup
- Laundry: Hookups
Features
- WD Hookup
- Flooring: Hardwood
Interior area
- Total interior livable area: 500 sqft
Property
Parking
- Details: Contact manager
Accessibility
- Accessibility features: Disabled access
Features
- Exterior features: Electricity not included in rent, Garbage included in rent, Heating system: Baseboard, Sewage included in rent, Water included in rent
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Garbage, Sewage, Water
Building
Management
- Pets allowed: No
Community & HOA
Location
- Region: Portland
Financial & listing details
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Listed for rent | $1,240$2/sqft |
Source: Zillow Rentals | ||
