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Language: English

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Oregon Multnomah County Portland Old Town-Chinatown

Fifth Avenue Place Apartments

314 NW 5th Ave, Portland, OR 97209

4.0
Renter Rating 1 Review
Verified Listing CoStar Verified® Listing

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971-351-0542
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  • Monthly Rent

    $995 - $1,000

  • Bedrooms

    Studio - 2 bd

  • Bathrooms

    1 ba

  • Square Feet

    425 - 800 sq ft

This property has income limits. Make sure you qualify.

Fifth Avenue Place Apartments
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Located in Downtown Portland within walking distance to multiple bus lines, MAX and Streetcar. Stores such as World Foods, Whole Foods, Powell's Book Store, and Safeway are all within a few blocks of the property. Recently reduced rental rates! Call or Email us today to schedule a time to tour our community!!

Read More

Highlights

  • Walker's Paradise
  • Premier Transit Location
  • Bike-Friendly Area
  • Elevator
  • Property Manager on Site

Pricing & Floor Plans

filter results by bedrooms
Studio 425
$995 – $1,000 Studio 1 Bath 425 – 475 Sq Ft
5 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 504
    price $995
    square feet 425
    availibility Now
  • Unit 602
    price $995
    square feet 425
    availibility Now
  • Unit 202
    price $995
    square feet 425
    availibility Now
  • Unit 314
    price $1,000
    square feet 475
    availibility Now
  • Unit 209
    price $1,000
    square feet 425
    availibility Now

1BR/1BA 600
Call for Rent 1 Bed 1 Bath 600 Sq Ft
Not Available
1BR/1BA 625
Call for Rent 1 Bed 1 Bath 625 Sq Ft
Not Available
1BR/1BA 675
Call for Rent 1 Bed 1 Bath 675 Sq Ft
Not Available
2BA/1BA 800
Call for Rent 2 Beds 1 Bath 800 Sq Ft
Not Available
Studio 425
$995 – $1,000 Studio 1 Bath 425 – 475 Sq Ft
5 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 504
    price $995
    square feet 425
    availibility Now
  • Unit 602
    price $995
    square feet 425
    availibility Now
  • Unit 202
    price $995
    square feet 425
    availibility Now
  • Unit 314
    price $1,000
    square feet 475
    availibility Now
  • Unit 209
    price $1,000
    square feet 425
    availibility Now

1BR/1BA 600
Call for Rent 1 Bed 1 Bath 600 Sq Ft
Not Available
1BR/1BA 625
Call for Rent 1 Bed 1 Bath 625 Sq Ft
Not Available
1BR/1BA 675
Call for Rent 1 Bed 1 Bath 675 Sq Ft
Not Available
2BA/1BA 800
Call for Rent 2 Beds 1 Bath 800 Sq Ft
Not Available
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

  • Dogs
    35 lbs. Weight Limit
    Restrictions:
    We do not allow German Shepherd, American Pit Bull Terrier, Husky, Doberman, Mastiff, Great Dane, Rottweiler, American Staffordshire Terrier, Staffordshire Bull Terrier, American Bulldog, Wolf Hybrids, Saint Bernard, Chow Chow, or Akita.
    Read More Read Less
    Comments
    Maximum of 2 pets allowed per residence.
    Read More Read Less
  • Cats
    Restrictions:
    None
    Read More Read Less
    Comments
    Maximum of 2 pets allowed per residence.
    Read More Read Less
  • Garage Lot
  • Other

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

  • Water
  • Trash Removal
  • Sewer

Property Information

  • Built in 1999
  • 71 units/6 stories

Matterport 3D Tours

This one-bedroom, one-bathroom residence is thoughtfully laid out across a single floor, offering an efficient and comfortable living environment. The open living room is a standout feature, bathed in abundant natural light streaming through multiple large windows that frame views of tree-lined streets and the surrounding urban neighborhood. A ceiling fan adds to the room's comfort, and neutral carpet flooring lends a clean, inviting feel throughout the living and sleeping areas. The kitchen is well-equipped with light wood cabinetry, ample overhead storage, a full-size refrigerator, an electric range, and a sink with countertop workspace. Wood-style flooring runs through the kitchen, complementing the warm cabinetry tones. A half-wall peninsula separates the kitchen from the living area, creating a natural flow between spaces. The bedroom offers a generous footprint with large windows providing greenery views and plenty of natural light. It includes a closet with a rod and shelving system, along with additional storage accessible through a nearby secondary closet with built-in shelving. The bathroom features a vanity with a sink and mirror, a toilet, and wood-style flooring. Neutral gray walls and white trim throughout the residence create a cohesive, modern aesthetic. The overall ambiance is bright, clean, and functional.

1BR, 1BA - 625SF
1/4
This one-bedroom, one-bathroom residence is thoughtfully laid out across a single floor, offering an efficient and comfortable living environment. The open living room is a standout feature, bathed in abundant natural light streaming through multiple large windows that frame views of tree-lined streets and the surrounding urban neighborhood. A ceiling fan adds to the room's comfort, and neutral carpet flooring lends a clean, inviting feel throughout the living and sleeping areas.

The kitchen is well-equipped with light wood cabinetry, ample overhead storage, a full-size refrigerator, an electric range, and a sink with countertop workspace. Wood-style flooring runs through the kitchen, complementing the warm cabinetry tones. A half-wall peninsula separates the kitchen from the living area, creating a natural flow between spaces.

The bedroom offers a generous footprint with large windows providing greenery views and plenty of natural light. It includes a closet with a rod and shelving system, along with additional storage accessible through a nearby secondary closet with built-in shelving.

The bathroom features a vanity with a sink and mirror, a toilet, and wood-style flooring. Neutral gray walls and white trim throughout the residence create a cohesive, modern aesthetic. The overall ambiance is bright, clean, and functional. This efficient single-floor studio unit offers a well-organized open-concept layout designed to maximize functionality. The living area is carpeted and bathed in natural light from a large window fitted with vertical blinds, which provides outdoor views and is complemented by a ceiling fan overhead. The kitchen is separated from the living space by a peninsula counter, creating a natural division while maintaining an open feel. It features light wood cabinetry, an electric coil range, a refrigerator, an under-cabinet range hood, and a stainless steel sink with laminate countertops. Wood-look flooring runs throughout the kitchen, adding warmth and contrast to the carpeted living space. The hallway connects the main living area to the bathroom and includes a built-in shelving unit with wire racks, offering practical storage. The bathroom features wood-look tile flooring, clean white walls, and warm wood-toned door framing. Throughout the unit, a neutral color palette of cream and beige tones creates a clean, cohesive ambiance. The space is designed with simplicity and practicality in mind, making efficient use of every square foot. This efficiently designed single-floor studio offers a well-organized layout that maximizes every square foot of its compact footprint. The main living area features soft, neutral-toned carpeting underfoot and a ceiling fan overhead, creating a comfortable and airy atmosphere. A large picture window fitted with vertical blinds fills the space with natural light and frames a pleasant view of surrounding tree canopy, bringing a sense of the outdoors inside.

The kitchen is laid out in a practical galley style, featuring light wood cabinetry on both upper and lower walls, a white electric range, a full-size refrigerator, a stainless steel sink with ample counter space, and wood-look flooring that adds warmth to the room. The kitchen is also accessible from a counter-height breakfast bar area, offering an open connection to the main living space.

A dedicated hallway leads to built-in closet storage with wire shelving and hanging rods, providing organized space for personal belongings. The bathroom is clean and functional, appointed with a wood-toned vanity, a mirror, a toilet, and wood-look tile flooring consistent with the rest of the unit's finishes. Warm neutral tones throughout the space lend a cohesive and understated aesthetic, making this unit an practical and comfortable living solution. This efficient single-floor unit offers a thoughtfully organized layout that maximizes every square foot. The open living area features soft wall-to-wall carpeting, neutral cream-toned walls, and a ceiling fan that enhances air circulation and comfort. A large window dressed with vertical blinds fills the room with generous natural light and provides outdoor views, creating a bright and welcoming atmosphere.

The kitchen is efficiently designed with light wood cabinetry both above and below the countertops, offering plentiful storage. White appliances — including a range, refrigerator, and dishwasher — are included, complemented by a stainless steel sink and durable wood-look flooring that extends throughout the kitchen and entryway areas.

A hallway connects the living space to the bathroom and closet storage. The closet features wire shelving across multiple levels, providing organized and accessible storage. The bathroom is clean and functional, with wood-look tile flooring, white walls, and a grab bar for added accessibility.

Overall, the unit maintains a clean, neutral aesthetic throughout, with consistent light tones and practical finishes that create a cohesive and move-in-ready living environment.

About Fifth Avenue Place Apartments

Located in Downtown Portland within walking distance to multiple bus lines, MAX and Streetcar. Stores such as World Foods, Whole Foods, Powell's Book Store, and Safeway are all within a few blocks of the property. Recently reduced rental rates! Call or Email us today to schedule a time to tour our community!!

Fifth Avenue Place Apartments is an apartment community located in Multnomah County and the 97209 ZIP Code. This area is served by the Portland School District 1j attendance zone.

Unique Features

  • Bike Storage available for Lease
  • Breakfast Bar
  • Ceiling Fan
  • Courtyard with BBQ’s
  • Downtown Location
  • Fast Mesh Wireless available
  • Full Size Kitchens
  • Large Closets with Ample Storage
  • Large Windows
  • Rent Includes Water, Hot Water & Trash
  • Some Garage Parking Available
  • Stove/Oven

Contact

View Property Website
Language: English
Open 6am - 3:30pm Today
  • Monday - Friday, 6am - 3:30pm
  • Saturday & Sunday, Closed
Property Management Company Logo

Community Amenities

Laundry Facilities

Elevator

24 Hour Access

Bicycle Storage

  • Laundry Facilities
  • Maintenance on site
  • Property Manager on Site
  • 24 Hour Access
  • Public Transportation
  • Elevator
  • Bicycle Storage
  • Courtyard

Apartment Features

Air Conditioning

Dishwasher

High Speed Internet Access

Refrigerator

  • High Speed Internet Access
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Kitchen
  • Oven
  • Refrigerator
  • Instant Hot Water
  • Carpet
  • Vinyl Flooring

Income Restrictions

Income restrictions apply to some or all residents. Contact the community for more information.

How To Qualify

Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.
# Persons
60 % Income Limit
1
$52,440
2
$59,940
3
$67,440
4
$74,880
5
$80,880
6
$86,880
Location
314 NW 5th Ave, Portland,
OR 97209
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
| Edit
Edit Commute

Destination is required

Under 30 minutes

Commute Time is calculated at rush hour.
Neighborhood

Nestled on the Willamette River in the heart of Portland, Old Town Chinatown is a quirky hub for nightlife spots, cocktail bars, Asian-inspired restaurants, and bustling streets that are closed to vehicles on the weekends. Home to the Portland Saturday Market, residents and visitors alike can enjoy this weekend event where craft vendors, food carts, and live entertainment await. Voodoo Doughnut is a must-visit in town, known for its creative donuts and whimsical shop. There is abundant history along the banks of the river in Old Town Chinatown. From the Oregon Maritime Museum to the Japanese American Historical Plaza, there’s plenty of history to explore here. There are several TriMet stations in town, so commuting is a breeze. Residents enjoy visiting the Lan Su Chinese Garden, a tranquil botanical garden with rare plants native to China, decorative stonework, and a charming tea shop.

Learn more about living in Old Town-Chinatown 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Old Town-Chinatown Portland, OR
Studio $1,029 $1,249
1 Bedroom $1,325 $1,523
2 Bedrooms $1,706 $1,806
3 Bedrooms $2,403 $2,094
Amenities
  • Laundry Facilities
  • Maintenance on site
  • Property Manager on Site
  • 24 Hour Access
  • Public Transportation
  • Elevator
  • Courtyard
  • Bicycle Storage
  • Bike Storage available for Lease
  • Breakfast Bar
  • Ceiling Fan
  • Courtyard with BBQ’s
  • Downtown Location
  • Fast Mesh Wireless available
  • Full Size Kitchens
  • Large Closets with Ample Storage
  • Large Windows
  • Rent Includes Water, Hot Water & Trash
  • Some Garage Parking Available
  • Stove/Oven
  • High Speed Internet Access
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Kitchen
  • Oven
  • Refrigerator
  • Instant Hot Water
  • Carpet
  • Vinyl Flooring
Expenses
Utilities Included
Water, Trash Removal, Sewer Included
Office Hours
Monday 6am - 3:30pm
Tuesday 6am - 3:30pm
Wednesday 6am - 3:30pm
Thursday 6am - 3:30pm
Friday 6am - 3:30pm
Saturday Closed
Sunday Closed
971-351-0542
Education
Colleges & Universities Distance
Colleges & Universities Distance
Pacific Northwest Coll. Of Art
Walk: 5 min 0.3 mi
Portland State University
Drive: 7 min 1.5 mi
Oregon Health & Sci Waterfront
Drive: 9 min 2.5 mi
Oregon Health & Science Univ.
Drive: 10 min 3.1 mi
Fifth Avenue Place Apartments is within 5 minutes or 0.3 mile from Pacific Northwest Coll. Of Art. It is also near Portland State University and Oregon Health & Sci Waterfront.
Schools
  • Public Schools
  • Private Schools
Boise-Eliot Elementary School
Public Elementary School
Grades PK-5
326 Students
Nearby
Metropolitan Learning Center
Public Elementary, Middle & High School
Grades K-12
348 Students
Nearby
Chapman Elementary School
Public Elementary School
Grades K-5
350 Students
Attendance Zone
West Sylvan Middle School
Public Middle School
Grades 6-8
757 Students
Attendance Zone
Lincoln High School
Public High School
Grades 9-12
1,525 Students
Attendance Zone
Cathedral School
Private Elementary & Middle School
Grades PK-8
246 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

Transportation options available in Portland include Nw 5Th & Couch, located 0.1 mile from Fifth Avenue Place Apartments. Fifth Avenue Place Apartments is near Portland International, located 12.0 miles or 21 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Nw 5Th & Couch
Walk: 2 min 0.1 mi
Nw 6Th & Davis
Walk: 2 min 0.1 mi
Union Station/Nw 5Th & Glisan
Walk: 2 min 0.1 mi
Union Station/Nw 6Th & Hoyt
Walk: 3 min 0.2 mi
Old Town/Chinatown
Walk: 3 min 0.2 mi
Commuter Rail Distance
Commuter Rail Distance
Portland
Walk: 6 min 0.3 mi
Beaverton Transit Center (West Side Express)
Drive: 17 min 8.7 mi
Vancouver
Drive: 18 min 9.3 mi
Tigard Transit Center
Drive: 20 min 10.3 mi
Hall/Nimbus
Drive: 18 min 10.5 mi
Airports Distance
Airports Distance
Portland International
Drive: 21 min 12.0 mi
Getting Around
Exceptionally Walkable
Walkability
100 / 100
Exceptional Public Transit
Transit
100 / 100
Moderately Drivable
Drivability
60 / 100
Exceptionally Bikeable
Bikeability
100 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
-
Soundscore™
- / 100

Traffic

-

Airport

-

Businesses

-

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from Fifth Avenue Place Apartments.

Shopping Centers Distance
Shopping Centers Distance
9th & Everett
Walk: 5 min 0.3 mi
Pioneer Place
Walk: 11 min 0.6 mi
Fifth Avenue Place Apartments has 2 shopping centers within 0.6 mile, which is about a 11-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Lan Su Chinese Garden
Walk: 1 min 0.1 mi
Friends of the Columbia River Gorge
Walk: 8 min 0.4 mi
Director Park
Walk: 12 min 0.7 mi
Forest Park Conservancy
Walk: 13 min 0.7 mi
Oregon Maritime Center and Museum
Drive: 5 min 1.5 mi
Fifth Avenue Place Apartments has 5 parks within 1.5 miles, including Lan Su Chinese Garden, Friends of the Columbia River Gorge, and Director Park.
Hospitals Distance
Hospitals Distance
Legacy Good Samaritan Medical Center
Drive: 6 min 1.5 mi
Legacy Emanuel Medical Center
Drive: 6 min 1.9 mi
OHSU Hospital and Clinics
Drive: 10 min 3.3 mi
Fifth Avenue Place Apartments has 3 hospitals within 3.3 miles, the nearest is Legacy Good Samaritan Medical Center which is 1.5 miles away and a 6 minute drive.
Military Bases Distance
Military Bases Distance
Portland Airport Air Guard Station
Drive: 19 min 7.7 mi
Camp Bonneville Military Reservation
Drive: 43 min 24.8 mi
Fifth Avenue Place Apartments is 7.7 miles from Portland Airport Air Guard Station, and is convenient to other military bases, including Camp Bonneville Military Reservation.
 
 

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Fifth Avenue Place Apartments Photos

  • Fifth Avenue Place Apartments

  • 1BR, 1BA - 625SF

  • Exterior

  • Entrance

  • Lobby

  • Parking Garage

  • Bike Storage

  • Community Context

Models

  • Studio

  • 1 Bedroom

  • 1 Bedroom

  • 2 Bedrooms

Nearby Apartments

Within 50 Miles of Fifth Avenue Place Apartments

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  • Briarwood Townhomes

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    $1,850

    2-3 Br 6.6 mi

Frequently Asked Questions
Does Fifth Avenue Place Apartments have in-unit laundry?

While Fifth Avenue Place Apartments does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.

What utilities are included in rent at Fifth Avenue Place Apartments?

Select utilities are included in rent at Fifth Avenue Place Apartments, including water, trash removal, and sewer. Residents are responsible for any other utilities not listed.

Is parking available at Fifth Avenue Place Apartments?

Parking is available at Fifth Avenue Place Apartments. Fees may apply depending on the type of parking offered. Contact this property for details.

Which floor plans are available, and what are the price ranges?

Fifth Avenue Place Apartments has studios to two-bedrooms with rent ranges from $995/mo. to $1,000/mo.

Is Fifth Avenue Place Apartments pet-friendly?

Yes, Fifth Avenue Place Apartments welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Fifth Avenue Place Apartments?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $995 for a studio, you would need to earn about $39,800 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does Fifth Avenue Place Apartments have move-in specials?

Fifth Avenue Place Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Fifth Avenue Place Apartments offer Matterport 3D tours?

Yes! Fifth Avenue Place Apartments offers 4 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How It Works

What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.

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314 NW 5th Ave

Portland, OR 97209

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