Hank Reardon Plaza
1617-1625 NE Alberta St,
Portland, OR 97211
$1,250 - $1,600 | 1 Bed
Vernon
Portland, OR
Vernon - Portland, OR
Area Guide
This Portland neighborhood houses part of the iconic Alberta Arts District
Urban
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Trendy
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Park-Like
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Great Location
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Dining
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Located in the Northeast Portland region, Vernon merges urban and suburban landscapes for the ultimate Pacific Coast living experience. Vernon features single-family homes in a variety of styles from cozy bungalows to Cape Cods along with lavish, modern apartments. The neighborhood is best known for housing a part of the Alberta Arts District, a thoroughfare featuring trendy eateries, quirky coffee shops, a landmark ice cream shop, and more. When residents aren’t sipping authentic Seattle brews or devouring a delectable meal, they’ll be at Alberta Park taking a stroll. Renters of every age and lifestyle will adore Vernon. Families love being able to send their kids to some of the city’s best schools while professionals and nightlife lovers adore being close to East Portland, Buckman, and Downtown Portland – and all of the popular destinations that are 15 minutes away. And if you ever need to go out of the state or country, Portland International Airport and Vancouver are convenient to Vernon as well.
Rent Trends
As of April 2025, the average apartment rent in Vernon is $1,308 for a studio, $1,349 for one bedroom, $2,303 for two bedrooms, and $2,442 for three bedrooms. Apartment rent in Vernon has increased by 6.0% in the past year.
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Studio
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402 sq ft
Average Sq Ft
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$1,308/month
Average Rent
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1 BR
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500 sq ft
Average Sq Ft
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$1,349/month
Average Rent
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2 BR
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1,018 sq ft
Average Sq Ft
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$2,303/month
Average Rent
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3 BR
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1,402 sq ft
Average Sq Ft
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$2,442/month
Average Rent
Transportation
95
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
49
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
100
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- Alberta Park
- Woodlawn Park
- Irving Park
- Fernhill Park
- Peninsula Park
Transit / Subway
Airports
- Portland International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.