OPEN APPLICATION PERIOD: Applications are accepted after 07/25 at 5 pm per Portland Regulations. Applications received before that time will be penalized 8 hours.
PROPERTY INFO:
Discover effortless city living at MERIDIAN 40, where modern design meets unbeatable convenience in Portland's sought-after Hollywood District. This thoughtfully designed studio apartment at 1524 NE 40th Ave combines style and function, featuring an open layout with contemporary finishes, an in-unit washer and dryer, and a fully equipped kitchen with a dishwasher, electric stove, oven, microwave, and refrigerator.
Step outside your door and into one of Portland's most walkable neighborhoodsboasting a Walk Score of 95. Whether you're grabbing groceries at Trader Joe's or Whole Foods, hopping on the MAX at the Hollywood Transit Center, or exploring local shops and cafes, everything you need is just minutes away.
Live where everything connects. Live at MERIDIAN 40!
LEASE TERMS:
Security Deposit: NONE
Lease Length: 12 Months
Tenant Paid Utilities: Water/Sewer for $90/mo., Electricity is based on consumption.
Utilities paid by landlord: Garbage/Recycling, & Landscaping
Move-in availability: Move-in ready, Lease is required to begin within two weeks of application approval.
Screening: Typically takes 2-4 business days. Delays can occur with unresponsive employer and rental history verifications. Cosigner resources are available for conditional approvals through OneAppGuarantee for a non-refundable fee of one month's rent.
ANIMALS & PETS:
Pets Permitted: Cats OK, Dogs OK, Max 2
Petscreening is a required part of the application process for ALL applicants, including those with pets, service/ESA, and no registered pets. Visit our website for current breed restrictions.
Monthly Pet Rent: $35 - $60/per pet.
*This property is not an Accessible Dwelling Unit
*Screening Fee: Non-Refundable $58 fee per adult
*Screening Criteria can be found on our website for Sleep Sound Property Management
APPLY IN 3 STEPS
1. Schedule a showing online via Showdigs. Use the REQUEST A TOUR button on Zillow, Trulia, Hotpads or on our website Sleep Sound Property Management. You will be emailed and texted a link to schedule.
2. View the property in person or have a proxy view the property
3. Apply online on our website, Sleep Sound Property Management.
IMPORTANT NOTE:
1. Applications are processed first-come, first-serve. Must complete steps (2) and (3) for the application to be valid. If your application is approved, a prorated execution deposit and execution agreement are required to be submitted within 48 hours to reserve your place in line. Applicants must take possession within 2 weeks of the approval date.
2. Please note that if your lease start date falls before the 15th of the month, the prorated rent amount for the remainder of that month will be due upon move in. If this date falls on or after the 15th of the month, the prorated rent amount for that month plus the full month's rent for the following month will be owed upon move in.
INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED. This home is professionally managed by Sleep Sound Property Management, Inc.
Internal Use
Ad: BP
Photo: V
V: 20250722V2
1524 NE 40th Ave Portland OR
Portland, OR 97232
Apartment building
Studio
Pet-friendly
In-unit dryer
Available units
Price may not include required fees and charges
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
307Studio, 1 ba | 348 | Now | $1,100 |
What's special
Deck
Grab your shades
This building features access to a deck. Only 3% of buildings in Portland have this amenity.
In-unit washer and dryerFully equipped kitchenContemporary finishesModern designThoughtfully designed studio apartment
The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.
Facts, features & policies
Building Amenities
Other
- In Unit: Dryer
- Laundry: Other
Outdoor common areas
- Deck
Security
- Controlled Access
- Gated Entry
Unit Features
Appliances
- Dishwasher
- Dryer
- Freezer
- Microwave Oven: Microwave
- Range Oven
- Refrigerator
- Washer
Flooring
- Laminate
Heating
- Wall
Other
- Balcony
- MasterBath
- Patio Balcony: Balcony
Policies
Pets
Dogs
- Allowed
Cats
- Allowed
Parking
- Street Parking: OnStreet
Smoking
- This is a smoke free building
Neighborhood: Hollywood
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Nearby schools in Portland
GreatSchools rating
- 10/10Beverly Cleary SchoolGrades: K-8Distance: 0.5 mi
- 8/10Grant High SchoolGrades: 9-12Distance: 0.5 mi
Market Trends
Rental market summary
The average rent for all beds and all property types in Portland, OR is $1,790.
Average rent
$1,790
Month-over-month
+$65
Year-over-year
+$45
Available rentals
2,353
Frequently asked questions
What is the walk score of 1524 NE 40th Ave?
1524 NE 40th Ave has a walk score of 95, it's a walker's paradise.
What is the transit score of 1524 NE 40th Ave?
1524 NE 40th Ave has a transit score of 71, it has excellent transit.
What schools are assigned to 1524 NE 40th Ave?
The schools assigned to 1524 NE 40th Ave include Beverly Cleary School and Grant High School.
Does 1524 NE 40th Ave have in-unit laundry?
Yes, 1524 NE 40th Ave has in-unit laundry for some or all of the units.
What neighborhood is 1524 NE 40th Ave in?
1524 NE 40th Ave is in the Hollywood neighborhood in Portland, OR.
