Fifth Avenue Place Apartments

314 NW 5th Avenue, Portland, Oregon 97209

Contact Fifth Avenue Place Apartments

Fifth Avenue Place offers spacious studio, one-bedroom and two-bedroom apartment homes. Each apartment is equipped with a full-size kitchen with a stove, refrigerator, dishwasher, extra-large windows with mini blinds, ceiling fans, and ten-foot ceilings. Fifth Avenue Place is just steps from restaurants, specialty shops, night clubs, music venues, art galleries, museums, the Classical Chinese Gardens, and Portland’s famous “Saturday Market”. The Portland City Streetcar or Max Line is just one block away.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	425	From $930
1 Bedroom (1/1)	585	From $984
2 Bedroom (2/1)	800	From $1,177

Eligibility for Fifth Avenue Place Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Portland but actual income limits may differ for units at Fifth Avenue Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Low Income (60%)	$47,400	$54,180	$60,960	$67,680

Fifth Avenue Place Apartments Details

70 studio, one and two bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)
State or Local Program
Section 221 (d) (3)

Property Amenities

Elevator
On-Site Manager
Garage
Bicycle Storage
Laundry Room(s)
On-Site Maintenance
Downtown Location
High Speed Internet Access
24 Hour Maintenance
On Bus-line
Courtyard

Unit Amenities

Ceiling Fan(s)
Dishwasher
Refrigerator
Oven and Range
Water Trash and Sewer Included
Breakfast Bar
Stove
Large Closets

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.