Live in a historic Portland landmark while enjoying affordable rents in the heart of Lower Albina. The historic Paramount Apartments offers spacious studio and one-bedroom rental units in a beautifully preserved 1923 building with utilities included. Located steps from transit (streetcar, bus and max), restaurants, entertainment, and downtown Portland, residents enjoy convenient urban living with access to community amenities and resident services. Pet friendly. Income restrictions apply.
Income restricted
Historic Paramount Apartments
253 N Broadway, Portland, OR 97227
Verified
Apartment building
Studio-1 bed
Pet-friendly
Shared laundry
Available units
Price may not include required fees and charges.
Unit 411 Studio, 1 ba | -- | Now | $951 |
Unit 412 Studio, 1 ba | -- | Now | $951 |
Unit 114 1 bd, 1 ba | -- | Now | $1,032 |
What's special
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.
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 9 am - 5 pm |
| Sat - Sun: | Closed |
Facts, features & policies
Building Amenities
Other
- Laundry: Shared
Services & facilities
- 24 Hour Maintenance
- On-Site Management
- Online Rent Payment
Unit Features
Appliances
- Oven
- Range
- Refrigerator
Flooring
- Carpet
- Laminate
Internet/Satellite
- Cable TV Ready
- High-Speed Internet Ready
Policies
Lease terms
- One year
Neighborhood: Eliot
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
 / 100
Very WalkableTransit Score®
 / 100
Excellent TransitNearby schools in Portland
Boise-Eliot Elementary School
Grades PK-5 • 0.9 miles7/10
GreatSchools® Rating
Test Score Rating
2/10Student Progress Rating
4/10Grant High School
Grades 9-12 • 2.1 miles9/10
GreatSchools® Rating
Test Score Rating
10/10College Readiness Rating
9/10Jefferson High School
Grades 9-12 • 1.9 miles5/10
GreatSchools® Rating
Test Score Rating
3/10College Readiness Rating
7/10Living in Portland
Eliot sits just northeast of downtown Portland, with the Willamette River and the bridges shaping its urban setting. The area has a mild, rainy climate, with a dry summer season. Its history is visible in the remaining early homes and buildings, alongside newer apartments and commercial spaces. Nearby green space includes Dawson Park, with lawns and recreation areas, while the Eastbank Esplanade offers a riverside route for walking and biking. Dining and coffee options range from neighborhood cafés to restaurants and bars, with more shops and nightlife nearby in the Central Eastside and Old Town. Getting around is practical by bus, bike, or foot, and several bridges connect Eliot to downtown. For Eliot, the median rent is $1,519 per month, with a typical range of $799 to $4,900.
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Frequently asked questions
Where is Historic Paramount Apartments located, and what is the neighborhood like?
Historic Paramount Apartments is located at 253 N Broadway in Eliot, Portland, OR. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Pine State Biscuits, Lan Su Chinese Garden, and Dutch Bros Coffee.
What is the average rent in Portland, OR?
Based on the latest Zillow data, the median rent across all unit types in the Eliot neighborhood of Portland is currently $1,519 per month. Prices vary by neighborhood, floor plan, and building amenities.
What schools are assigned to Historic Paramount Apartments?
The schools assigned to Historic Paramount Apartments include Boise-Eliot Elementary School, Grant High School, and Jefferson High School.
What are the grocery stores and everyday shopping options near Historic Paramount Apartments?
Historic Paramount Apartments is located near 6 grocery stores, including New Seasons Market (0.9 miles) and World Foods (0.9 miles). Additional shopping options, including The ReBuilding Center, are approximately 1 mile away.
What is the minimum and maximum rent for Historic Paramount Apartments?
The total price for an apartment unit in Historic Paramount Apartments ranges from $951 to $1,032. The total price will vary by floor plan, unit size, and unit amenities.
This is income restricted affordable housing. Renters must meet income and eligibility criteria set by the property manager.
