Comptroveby RentSpire

Willamette Tower

3820 S River Parkway, Portland, OR, 97239

unknown not observed units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $3,815. Average effective rent: $3,815.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$2,301$2,30173011
2 bedroom$4,959$4,9591,51212
3 bedroom$6,754$6,7542,1621

HUD Fair Market Rent gap

HUD area: Portland-Vancouver-Hillsboro, OR-WA MSA.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Ladd Apartments Portland, OR 1.49 mi not observed 56%
Holgate House In Southeast Portland, OR 2.31 mi not observed 55%
Goose Hollow Luxury Apartments in Portland, OR 1.94 mi $1,659 50%
5 MLK: Modern Luxury Apartments in Portland, OR 1.89 mi $2,435 48%
Maestro Portland, OR 2.49 mi not observed 46%

Sources & provenance

Sourced from https://willamettetower.com/floorplans/1x1-ansi-sample/ — 24 observation(s), last observed Aug 7, 2026.

Data age: 10 days. Last observed: Aug 7, 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.

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