Frequently asked questions

Isn’t the Pearl District too expensive for average people?

  • Not at the Ramona. Many people are surprised at how much affordable housing there is in the Pearl District. The city of Portland has helped finance more than 1,000 apartments with rent restrictions in the Pearl to make sure that a wide range of Portlanders can afford to live here.

Can anyone live at the Ramona?

No. There are two major restrictions:

How do I know I won’t get a big rent increase after I move in?

  • We have committed to keep all of the apartments at the Ramona affordable for 60 years. Rents on the apartments will increase as our expenses increase, but the increases will be limited and are monitored by city and state agencies.

Is it complicated to apply?

  • There are extra forms for you to fill out and extra information for you to provide when you first apply. Our staff will need to verify your financial information so they will be doing most of the extra work.

What else is different about living here?

  • After you move in, the staff will need to re-certify your household's income and verify your housefold's student status once a year.
  • There are more inspections than in most buildings. The public agencies and the private investors who provided the financing that allow the rents to be affordable want to make sure that we're being good stewards of those resources. They come to review our records each year, to look at the building, and to inspect some percentage of the apartments.