
The Modern Rich
205 NW Couch St, Portland, OR 97209, USA
Once a railroad hotel, the Rich Building in Portland’s Old Town was completely renovated in 2012 to create 34 affordable studio apartments. The building features commercial space on the ground floor and an enclosed open air courtyard, as well as bike parking and on-site laundry for residents. It is also conveniently located near MAX, bus lines, the waterfront, restaurants, and cafes.

Exterior of Modern Rich from NW 2ND & Couch St.

Exterior of Modern Rich from NW 2ND & Couch St.
Unit Composition:
34 units for households earning up to 60% of area median income (LIHTC)
34 Total Apartments
Opened in September 2012, The Modern Rich Apartments brought 34 thoughtfully designed studio units to Portland’s Old Town neighborhood. Originally built in 1905 as a railroad hotel, this historic building has served generations of Portlanders and now offers affordable housing for people who work, study, and live in the heart of downtown.
The building’s efficient urban studios blend a sleek, modern aesthetic with original architectural details, creating a unique and comfortable living experience. A central light well was extended from the second floor down to the ground, transforming it into a small courtyard that offers outdoor space for residents and access to new ground-floor homes.
Apartment Features:
How to Apply
For information about available units, requirements and eligibility as well as to submit an application, please contact the site manager.
The Modern Rich Apartments are managed by PILINA.
Phone: (503) 224-0177