Hank Reardon Plaza
1617-1625 NE Alberta St,
Portland, OR 97211
$1,200 - $1,325
Studio
Area Guide
Located in the Northeast Portland region, Vernon merges urban and suburban landscapes for the ultimate Pacific Coast living experience. Vernon features single-family homes in a variety of styles from cozy bungalows to Cape Cods along with lavish, modern apartments. The neighborhood is best known for housing a part of the Alberta Arts District, a thoroughfare featuring trendy eateries, quirky coffee shops, a landmark ice cream shop, and more. When residents aren’t sipping authentic Seattle brews or devouring a delectable meal, they’ll be at Alberta Park taking a stroll. Renters of every age and lifestyle will adore Vernon. Families love being able to send their kids to some of the city’s best schools while professionals and nightlife lovers adore being close to East Portland, Buckman, and Downtown Portland – and all of the popular destinations that are 15 minutes away. And if you ever need to go out of the state or country, Portland International Airport and Vancouver are convenient to Vernon as well.
As of June 2026, the average apartment rent in Vernon is $1,324 for a studio, $1,373 for one bedroom, $2,336 for two bedrooms, and $2,473 for three bedrooms. Apartment rent in Vernon has increased by 1.7% in the past year.
Studio
402 sq ft
Average Sq Ft
$1,324/month
Average Rent
1 BR
500 sq ft
Average Sq Ft
$1,373/month
Average Rent
2 BR
1,018 sq ft
Average Sq Ft
$2,336/month
Average Rent
3 BR
1,402 sq ft
Average Sq Ft
$2,473/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Vernon - Portland, OR is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Fairly Drivable
Drivability
Very Bikeable
Bikeability
Vernon - Portland, OR offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Vernon - Portland, OR provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Vernon - Portland, OR from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Great Nightlife Variety Nearby
Nightlife
Moderately Noisy
Quiet Score
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.