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4940-4950 SW 45th Ave

Portland, OR 97221 - Multnomah County

Apartment

1 bed

1 bath

650 sqft

Laundry on site

About 4940-4950 SW 45th Ave

Must see updated 1 bedroom in SW Portland. Fresh paint and includes range, refrigerator and dishwasher. Luxury vinyl throughout making unit bright and fresh. Plenty of storage with dual closets in bedroom. Updated bathroom. Pets may be negotiable with increase to deposit. Additional monthly water charge $100. Garbage included in rent.

Rent: $1195. Deposit: $1195. Heating: Electric. Sq Ft: 550. Laundry: In complex. Utilities Paid: Garbage. Pets? Pet may be negotiable. Parking: Off street. Elementary School: Bridlemile. Middle School: West Sylvan. High School: Lincoln.

67 days on RentalSource

RentalSource last checked: 1 hour ago · Listing updated: October 25, 2026

Managed by Regency Property Management · (503) 670-7739

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,195
Bedrooms:	1 bed
Bathrooms:	1 bath
Size:	650 sqft

Pets:	Inquire
Laundry:	On site
Parking:	Yes
Available:	Now
ID:	84274183

Amenities

All Utilities Included
Laundry Facilities
Parking
Dishwasher
Refrigerator
Storage

Leasing Information

Fees

Deposit $1,195 (mandatory, refundable, move-in).

Additional Details

This 1-bedroom, 1-bathroom apartment at 4940-4950 SW 45th Ave in Portland, OR 97221 rents for $1,195 a month. It has 650 square feet. 4940-4950 SW 45th Ave was advertised by Regency Property Management on August 27, 2026.

How the Rent Compares

At $1,195 a month, this apartment is below the typical rent for 1-bedroom apartments and condos in Portland (about $1,420).

From 539 one-bedroom apartments and condos listed in Portland on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,420Typical rent for 1-bedroom apartments and condos in Portland

$1,280–$1,600Middle half of their rents

32 daysAverage time they have been listed

See 1+ bedroom rentals in Portland

Affordability Calculator

Can I afford to live at 4940-4950 SW 45th Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$47,800 /year

With your chosen rent-to-income ratio, an annual income of $47,800 is recommended to comfortably afford this 1-bedroom rental priced at $1,195 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,195

Deposit $1,195 · All fees

Can I afford this home?

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Property managed by

Regency Property Management

(503) 670-7739

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.