Tuesday, April 28, 2015

Microunit Update: Rent 200 SF in Downtown Portland for $925

Micro-units—rental apartments about the size of a hotel room—represent a small but growing niche of the real estate multi-housing market.  Read more.

On our blog we wrote previously about microunits coming to Portland. Currently, at the recently completed property known as The Arthur, located on SW 11th between Yamhill and Morrison, 150-200 SF studios rent for $795-$925 per month.

Seattle has 780 micro-housing units recently cleared for occupancy and another 1,598 units in the pipeline.