1 bedroom 1 bath
1 Bedroom • 1 Bath • 700 Sq Ft
Starting at $1,325/mo
How can I help?
Portland Terrace (994)
$1,325/mo
- 1 bedroom
- 1 bath
- 700 sq ft
- 2 units available
As of October 13, 2026, Portland Terrace (994) in Portland, OR has 2 apartments for rent at $1,325/mo. The average asking rent has fallen 9.4% since August 12, 2026, from $1,463 to $1,325.
Floor plans
1 floor plan · 2 available units · Prices checked October 13, 2026
Rent history
Over the past 3 months, the average asking rent at Portland Terrace (994) has ranged from $1,325 to $1,463. The current average is $1,325, the lowest in the past 3 months.
Prices reflect the average advertised rent across units listed as available each day (58 days observed).
| Month | Average asking rent | Lowest – highest | Units listed |
|---|---|---|---|
| Oct 2026 | $1,325 | $1,325 | 2 |
| Sep 2026 | $1,330 | $1,325 – $1,600 | 2 |
| Aug 2026 | $1,463 | $1,325 – $1,600 | 2 |
Fees & lease terms
Rent
$1,325/moSecurity deposit
$500Earliest move-in
Aug 18
Cost to rent here
The all-in monthly cost by apartment size, and how the rent compares across the Portland area.
Lowest-priced apartment: 1 bedroom 1 bath at $1,325
$1,592/mo
$267/mo above the advertised rent
Rent
$1,325
Electric, gas, water
$148
Internet
$74
Renters insurance
$13
- No in-unit washer/dryer listed
Laundry
$32
All-in monthly
$1,592
By apartment size
| Size | Rent from | All-in monthly | Income to qualify |
|---|---|---|---|
| 1 bedroom | $1,325 | $1,592 | $47,700/yr |
Landlords commonly look for a monthly income of three times the rent, about $47,700 a year for the $1,325 one-bedroom. The median renter household in Portland earns $59,728 a year.
Compared with the Portland area
The median one-bedroom at Portland Terrace (994) asks $1,325 a month, 8% below the Portland area's typical one-bedroom asking rent of $1,440. Typical asking rents across the area are down 1.5% from a year earlier.
| Size | Median asking rent here | Portland-area asking rent | Portland rent paid |
|---|---|---|---|
| 1 bedroom | $1,325 | $1,440 | $1,493 |
Area asking rent: typical rent asked for a new lease across the Portland-Vancouver-Hillsboro, OR-WA metro, Apartment List Rent Estimates, August 2026.Rent paid: median rent including utilities across all renter households in Portland, U.S. Census Bureau American Community Survey, 2020–2024.
Rows marked “est.” are averages for this area scaled to the apartment, not quotes from the property. The income figure is a common screening rule, not this property’s requirement.
Can you afford it? Rent affordability calculator for Portland
Amenities
Carports
Garage Parking
Laundry Facility
Storage/Bike Room
Location
1402 Sw Hall St, Portland, OR, 97201
Resident reviews
3.7
Overall rating
Positive
Mixed
Neutral
Negative
Location3.3
Amenities and Shared Spaces3.3
Management3.3
Maintenance1.5
Building Quality1.5
Residents report generally positive experiences with interior apartment condition and management responsiveness, particularly for in-unit maintenance. However, exterior maintenance issues including gutter and downspout problems have caused water intrusion during rain, and common area equipment such as laundry machines has experienced prolonged outages. Security concerns around bike storage and external property access have also been noted.
The property offers a convenient location near a college with good interior amenities and maintenance responsiveness. However, residents report concerns about external property maintenance issues, including gutter and downspout problems during rain, and security vulnerabilities affecting bike storage and common areas.
Amenities and shared spaces receive mixed feedback. Laundry machines have experienced mechanical issues and coin-loss problems that persisted for months, with management reportedly unresponsive to refund requests. Bike storage security is a concern, with residents noting inadequate locking mechanisms. Maintenance responsiveness for common-area issues like gutter damage has been inconsistent, though management and maintenance staff are noted as generally responsive in other contexts.
Management and maintenance responsiveness are inconsistent at this property. While some residents report exceptional maintenance service, others experienced prolonged issues with common area equipment and infrastructure problems that went unresolved for extended periods. Communication and follow-up on resident concerns, such as refund requests for malfunctioning laundry equipment, appear to be areas where management could improve.
Maintenance responsiveness for common area issues appears inconsistent. Residents reported extended periods with non-functional laundry equipment, unrepaired gutter and downspout damage causing water intrusion during rain, and delayed security improvements to the bike storage area. Interior apartment systems including HVAC, water heaters, and appliances generally functioned well.
The building's exterior maintenance needs attention, particularly clogged gutters and downspouts that cause water intrusion during rain. Common area equipment, including laundry machines, has experienced persistent issues with extended downtime and malfunctions. Interior finishes and appliances are well-maintained and functional, though exterior and common area upkeep appears inconsistent.
Getting around
Very Walkable
Excellent Transit
Bikeable
About this property
Portland Terrace The Portland Terrace Apartments are located just above the Portland State University campus on SW Hall Street in the Goose Hollow neighborhood. Goose Hollow is a unique neighborhood located on the fringe of Downtown Portland. Those who live at Portland Terrace Apartments enjoy the close proximity to city life, as well as taking advantage of some of the best city parks in the country. Virtual Tours Available! Contact information: 971-435-0416 PortlandTerrace@sremi.com Non-smoking property, cats and dogs welcome Pet Deposit is $250 Pet Rent is $25/month Lease term: 1 year Utilities: * Electric & cable paid by Resident * Water, sewer and common area water billed back to Resident based on formula * Trash included in rent Application Fee: Resident: $50, Cosigner: $35, Non-Financially Obligated Roommate: $40 Visit the following link for the rental criteria and evaluation process: https://www.sremicommunities.com/rental-criteria Note: Photos shown may not be the actual apartment and some finishes may vary. Square footage may differ based on method used. This unit is not an Accessible Dwelling Unit. Equal Housing Opportunity
Nearby schools
| School | Type | Level | Distance |
|---|---|---|---|
Circle Of Life Pre-School Private · Preschool | Private | Preschool | 0.3 mi |
Aspsu Children's Center Private · Preschool | Private | Preschool | 0.3 mi |
Portland Chinese School Private · High | Private | High | 0.3 mi |
Clay Street KinderCare Private · Preschool | Private | Preschool | 0.3 mi |
Youngset Cooperative Preschool Private · Preschool | Private | Preschool | 0.4 mi |
St James Child Development Center Private · Elementary | Private | Elementary | 0.4 mi |
Ainsworth Elementary School Public · Elementary | Public | Elementary | 0.5 mi |
St Marys Academy Private · High | Private | High | 0.5 mi |
Ainsworth After School Private · Preschool | Private | Preschool | 0.5 mi |
First Christian Children's Center Private · Preschool | Private | Preschool | 0.5 mi |