333 Oak Apartments

Overview

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333 Oak Apartments is an income-restricted property in Downtown Portland, Oregon. This historic building offers spacious apartments designed especially for seniors 62+. The professional leasing staff is dedicated to showing off the wonderful community and ensuring residents feel right at home. With a variety of modern upgrades planned, this location promises a comfortable living experience for its residents.

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Located in a convenient area, residents enjoy easy access to a grocery store within walking distance for quick shopping trips. Additionally, top-notch public transportation makes commuting around Portland a breeze, earning a TransitScore of 93. Whether you’re exploring the city or enjoying the nearby amenities, 333 Oak Apartments provides a blend of convenience and comfort.

The community features a range of amenities designed to enhance the quality of life for both residents and their visitors. From air-conditioned units to well-maintained common areas, every detail is considered to ensure a pleasant living environment.

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Amenities and Features

Air conditioning
Spacious floor plans
Professional leasing staff
Convenient downtown location
Walkable grocery store
Excellent public transportation (TransitScore of 93)
Planned modern upgrades

Sources

333 Oak Apartments Location

Address: 333 Sw Oak St, Portland, OR 97204

Phone: 503-227-2358

Website: https://cascade-management.com/property/333-oak-apartments/details

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About Portland, Oregon

Portland, a city located in the state of Oregon (OR), is home to a population of approximately 2,095,810 people. Portland boasts a median age of 38.3, with around 19.4% of its residents aged 60 or above. 4.8% of the population identifies as US Veterans. 12.7% of Portland residents are disabled. The city has an average household income of $85,876, while the unemployment rate stands at 5.6%, and around 12.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Portland is $522,294, with a monthly rent averaging $1,530.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.