5 SE Martin Luther King Jr Boulevard, Portland, OR 97214, Portland, OR, 97214
Average asking rent across observed units: $2,435. Average effective rent: $2,435.
| Type | Asking rent | Effective rent | Avg sqft | Observations |
|---|---|---|---|---|
| Studio | $1,698 | $1,698 | 518 | 3 |
| 1 bedroom | $2,201 | $2,201 | 759 | 9 |
| 2 bedroom | $3,512 | $3,512 | 1,134 | 4 |
HUD area: Portland-Vancouver-Hillsboro, OR-WA MSA.
FMR comparison not observed for this property.
Managed by Avenue5 Residential.
Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.
| Property | Location | Distance | Avg asking | Similarity |
|---|---|---|---|---|
| Ladd Apartments | Portland, OR | 1.13 mi | not observed | 67% |
| Maestro | Portland, OR | 1.39 mi | not observed | 64% |
| Goose Hollow Luxury Apartments in | Portland, OR | 1.41 mi | $1,659 | 59% |
| Willamette Tower | Portland, OR | 1.89 mi | $3,815 | 44% |
| Holgate House In Southeast | Portland, OR | 2.98 mi | not observed | 41% |
Sourced from https://live5mlk.com/floorplans/ — 16 observation(s), last observed Aug 6, 2026.
Data age: 11 days. Last observed: Aug 6, 2026.
Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.