Nomad Apartments
5620 N Interstate Ave,
Portland, OR 97217
$1,050 - $1,825
Studio - 2 Beds
Located about five miles from Downtown Portland, Overlook provides residents with plenty of opportunities for outdoor recreation and a small-town atmosphere. Overlook is located along the Willamette River and has several parks for residents to enjoy. Swan Island has a boat launch while Overlook Park has an off-leash dog park, athletic fields, and incredible views of Downtown Portland.
Overlook has a close-knit community and an active neighborhood association, which hosts special events like block parties and garage sales for residents. Overlook’s tight-knit feel can also be seen through the locally owned restaurants, stores, and bars that dot the area. Along with modern additions, locals flock to quirky, long-standing establishments like the Alibi, a landmark Tiki bar known for its large neon sign and karaoke nights.
Residents are also attracted to Overlook’s good schools and wide range of rental options. Although the neighborhood is known for its charming architectural styles including bungalows, Tudors, Old English, and Craftsman Colonial, there are modern apartments, condos, and townhouses available for rent as well.
As of January 2026, the average apartment rent in Overlook is $1,348 for a studio, $1,427 for one bedroom, and $1,988 for two bedrooms. Apartment rent in Overlook has decreased by -1.4% in the past year.
Studio
478 sq ft
Average Sq Ft
$1,348/month
Average Rent
1 BR
552 sq ft
Average Sq Ft
$1,427/month
Average Rent
2 BR
887 sq ft
Average Sq Ft
$1,988/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.