Portland, OR

Stunning 3-bed/2-bath apartments, close to public transit: Renters Insurance Guide & What It Actually Costs

Last updated May 10, 2026

Looking for the best renters insurance for Stunning 3-bed/2-bath apartments, close to public transit in Portland? We break down what the lease requires, what coverage actually costs here (~$14/mo), the 4 discounts that may apply, and how the major carriers compare for your zip.

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Renters Insurance at Stunning 3-bed/2-bath apartments, close to public transit

What Affects Your Premium Here

Every building is different. These factors specific to Stunning 3-bed/2-bath apartments, close to public transit can push your insurance cost up or down:

Open Access

No gated or controlled access — higher theft exposure

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 5291/100K (235% above national average)

What You'll Likely Pay

$14

Est. Monthly

$172

Est. Annual

$14

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Stunning 3-bed/2-bath apartments, close to public transit based on the rent level and building features.

Personal Property

What your stuff is worth

$40,000 recommended

If you own less

$25,000

If you own more

$60,000

Liability

Covers accidental harm & lawsuits

$100,000 recommended

Standard minimum for most lease requirements in Oregon

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Stunning 3-bed/2-bath apartments, close to public transit:

Carrier Monthly Annual
Lemonade $8/mo $98/yr
USAA $9/mo $111/yr
State Farm $12/mo $147/yr
Progressive $13/mo $160/yr
Safeco $13/mo $160/yr
Travelers $14/mo $172/yr
Allstate $15/mo $184/yr
Nationwide $15/mo $184/yr
Farmers $16/mo $197/yr
Liberty Mutual $18/mo $221/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $14/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Portland.

Portland property crime rate

5,291

per 100K residents

235% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
639 / 200
Larceny / theft
4,005 / 1,172
Vehicle theft
647 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area.

Source: FBI UCR Program, Portland (2024-12 to 2025-11)

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Noise Common topic
Safety Concerns Mentioned
Fire Mentioned

What residents talk about most

Security

Mixed feedback in reviews

Parking

A recurring concern in reviews

“Pleasant staff, Limited parking availability, think First come, first served.” — Google reviewer

Natural Hazards & Your Renters Coverage

Of the three big natural hazards a renter might worry about, only earthquake risk stands out at Stunning 3-bed/2-bath apartments, close to public transit. USGS classifies the surrounding area as high seismic hazard, which a typical renters policy specifically excludes. Flood risk is minimal here and severe-weather damage is already covered. The section below details what an earthquake endorsement actually buys.

Flood damage

FEMA's flood-zone classification for this address is low-risk, which means the federal government doesn't expect significant flooding here under typical conditions. A standard renters policy still excludes flood damage, but a separate flood policy is hard to justify economically when the underlying risk is low. The zone label is below for the record.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Earthquake shaking

USGS classifies the ground here as high seismic hazard — at this rating, building codes assume designers planned for significant ground motion. The structure is the landlord's problem; damage to your possessions during a quake is yours alone, and a standard renters policy excludes it. An earthquake endorsement (typically $50–$150 a year for renters) closes that specific gap.

High seismic hazard · ground motion 0.54g

A renters earthquake endorsement covers personal property only and runs roughly $50–$150 a year — structural damage is the landlord's responsibility.

Hazard data from USGS National Seismic Hazard Model. The ground-motion figure is the level USGS expects to be exceeded with about 2% probability over a 50-year horizon — the standard reference used in building codes.

Severe weather you'd actually claim for

NOAA's severe-weather record for Multnomah County is on the calmer end of the national distribution — modest activity across most categories. Whatever does happen, your renters policy already covers it (wind, hail, lightning damage to your possessions). The five-year averages are below.

Source: NOAA Storm Events Database, annual averages from the past five years for Multnomah County. Counts reflect reported events, not damage amounts.

Compared to a fully unprotected address, the gap above is well-defined and inexpensive to close. The value of the standard policy doesn't change — the optional add-on does.

120 SE 143rd Ave, Portland, OR 97233

Gateway

Built 2001 3 stories 12 units
3.4/5 ·20 reviews Google
Apt. Finder
From $1,815 /month

Monthly Cost Breakdown at Stunning 3-bed/2-bath apartments, close to public transit

The listed rent isn't the whole number. Here's what Stunning 3-bed/2-bath apartments, close to public transit actually costs each month once you add required fees and insurance.

Total Monthly Cost $2,289
Base Rent $1,815
Required Monthly Fees $460
Est. Renters Insurance $14/mo

Fees Beyond Rent

These are the additional charges beyond base rent at Stunning 3-bed/2-bath apartments, close to public transit. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Utility - Water/Sewer/Trash

Charged per unit.

$115 / mo

Parking Fees

Surface Lot

Parking Available

About Stunning 3-bed/2-bath apartments, close to public transit

Year Built: 2001
Stories: 3 stories
Units: 12
Phone: (503) 572-1077

From the property listing:

Discover Your New Home: - Experience the generous space of 1,250 sq. ft. in this beautifully designed apartment featuring an inviting open floor plan. - Enjoy the comfort of 3 bright and airy bedrooms, including a luxurious primary suite with a spacious walk-in closet. - Indulge in 2 modern full bathrooms, perfect for relaxation and convenience. - Cook up a storm in a kitchen that will inspire your culinary adventures. - Convenient laundry with washer and dryer hookups right in your home. Parking Made Easy: - Benefit from off-street parking spots and ample guest parking for your visitors.

Frequently Asked Questions

Does Stunning 3-bed/2-bath apartments, close to public transit require renters insurance?
We didn't find a public insurance requirement for Stunning 3-bed/2-bath apartments, close to public transit, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Stunning 3-bed/2-bath apartments, close to public transit?
For this zip code and building type, expect to pay around $14/month ($172/year). For context, the statewide average is $14/month, so this building is right around average.
What will I actually pay per month at Stunning 3-bed/2-bath apartments, close to public transit?
Plan for about $2,289/month all-in. That's base rent (From $1,815), plus $460/month in required fees (trash, utilities, etc.), plus roughly $14/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
How safe is the area around Stunning 3-bed/2-bath apartments, close to public transit?
Property crime in Portland runs noticeably higher than the national average — 5,291 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 639/100K here.
What floor plans does Stunning 3-bed/2-bath apartments, close to public transit offer?
There is 1 floor plan available, a 3-bedroom layout. Rent ranges from From $1,815. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.
Is SafeButler affiliated with Stunning 3-bed/2-bath apartments, close to public transit?
No. SafeButler is not affiliated with Stunning 3-bed/2-bath apartments, close to public transit or its leasing office, property management, or owner — this page is not the official renters insurance page from Stunning 3-bed/2-bath apartments, close to public transit. SafeButler is an independent renters insurance comparison platform; the information shown here is compiled from public sources and renter quote data, not from Stunning 3-bed/2-bath apartments, close to public transit directly. For lease, payment, or maintenance questions, contact the Stunning 3-bed/2-bath apartments, close to public transit leasing office.
What is SafeButler and how does it work for Stunning 3-bed/2-bath apartments, close to public transit renters?
SafeButler helps renters at Stunning 3-bed/2-bath apartments, close to public transit compare renters insurance options for their lease. On this page, renters can find lease-required coverage minimums where available, an estimated monthly premium for this address, the property's risk profile (crime and flood zone), and any discounts that apply to the building — then compare carriers side by side to find appropriate coverage levels. For renters at Stunning 3-bed/2-bath apartments, close to public transit in Portland, OR, SafeButler can compare price, coverage, deductible options, and any lease-required coverage minimums in a single flow. SafeButler may show quotes from carriers such as Lemonade and Liberty Mutual where available. SafeButler does not sell insurance directly and is not tied to one insurance company, so renters can choose the option that best fits their needs.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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