Waterleaf Apartments

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2065 S River Pky, Portland, OR 97201
(360) 803-2347
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Waterleaf

2065 S River Pky
Portland, OR 97201
(360) 803-2347
Waterleaf in Portland, OR - Building Photo
  • Studio–3 Bedrooms
  • $999-$1,773Pricing
  • 450–1,331Square Feet

About Waterleaf

Waterleaf brings 178 affordable apartments to Portland's amenity-rich South Waterfront area. Consisting of studio, one-, two-, and three-bedroom apartments, the property is located directly next to the Portland Streetcar station and close to the MAX light rail. Walk score of 98, biker's paradise! All utilities covered except for electricity and cable/internet. We also have resident social services located on site! Section 8 and Housing-Choice Vouchers Accepted! We are a HUD regulated property with income MINIMUM and MAXIMUM limits. 2026 Household Gross Income Limits: 1 Person: 1.5x monthly rent (min.) - $49,560 (max) 2 People: 1.5x monthly rent (min.) - $59,580 (max) 3 People: 1.5x monthly rent (min.) - $67,020 (max) IMMEDIATE AVAILABILITY and NO APP FEES when you apply by 11/30/2024!

Waterleaf is located in the Waterfront Neighborhood and 97201 Zip code of Portland, OR. This community is professionally managed by BRIDGE Housing Corporation

Property Contact Info

Floorplan Pricing and Availability

Waterleaf offers Studio to 3 Bedroom apartments starting from $999 and having 450–1,331 sq ft. Here is the current pricing and availability:

  • Studio

    Studio-60%

    $999

    Studio, 1 Bath, 450-573 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $999Available NowStudio-60%450-573 sq ft$300

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Oven
    • Range
    • Refrigerator

    Living Space

    • Carpet
    • Vinyl Flooring
    • Window Coverings

    Unique Features

    • *Parking- Based On Availability
    • Waterfront, Affordable

    Model Rent and Fees

    Model Price

    • $999

    Deposit

    • $300 deposit
  • 1 Bedroom

    1 Bedroom - 60%

    $1,287

    1 Bed, 1 Bath, 630-768 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,287Available Now1 Bedroom - 60%630-768 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,287
  • 2 Bedrooms

    2 Bedroom - 60%

    $1,540

    2 Beds, 2 Baths, 1014-1092 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,540Available Now2 Bedroom - 60%1014-1092 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,540
  • 3 Bedrooms

    3 Bedroom -60%

    $1,773

    3 Beds, 2 Baths, 1097-1331 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,773Available Now3 Bedroom -60%1097-1331 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Granite Countertops
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,773
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (360) 803-2347 to schedule a tour.

3D Tours

Property Information

  • 176 Units
  • 6 Stories
  • Built in 2023

Income Restrictions At Waterleaf

Income restrictions apply to some or all residents. Contact the community for more information.

# Persons60% Income Limit 30% Income Limit
1$49,560$24,780
2$59,580$29,790
3$67,020$33,510
4$74,460$37,230
5$80,460$40,230
6$86,400$43,200
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Application Fee Per Applicant$36

Pet Policy and Fees

Dogs

  • Fees Not Specified
  • 20 Lb Weight Limit

Cats

  • Fees Not Specified

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Unique Amenities

  • *Parking- Based On Availability
  • Waterfront, Affordable

On-Site Services

  • Maintenance On Site
  • Package Service
  • Property Manager On Site
  • Online Services
  • Concierge
  • 24 Hour Access
  • Laundry Facilities

Community Features

  • Clubhouse
  • Lounge
  • Multi Use Room
  • Elevator

Outdoor Features

  • Picnic Area
  • Courtyard
  • Waterfront
  • Controlled Access

Recreation and Fitness

  • Bicycle Storage
  • Playground

Interior Features

  • Ceiling Fans
  • High Speed Internet Access
  • Heating
  • Tub/Shower
  • Cable Ready
  • Air Conditioning
  • Smoke Free

Kitchen Amenities

  • Kitchen
  • Disposal
  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Oven
  • Granite Countertops

Living Area Features

  • Office
  • Vinyl Flooring
  • Carpet
  • Window Coverings
  • Family Room
  • Dining Room
Google Map

Map

2065 S River Pky, Portland, OR 97201

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Frequently Asked Questions about Waterleaf

Where is Waterleaf located?

Waterleaf is located at 2065 S River Pky near the Waterfront area of Portland, OR

What is the current rent range at Waterleaf?

Studio to 3 Bedroom Apartments at Waterleaf currently range from $999 to $1,773

When is the leasing office open?

  • The office Hours for Waterleaf are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Great Value3.8

    The Waterleaf Apartments are 43.1% cheaper than the average apartment in the Waterfront area, and 27.1% cheaper than the average apartment city-wide.

    Rent Comparison to the Waterfront Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$999$1,329-$330-24.8%
    1 Bedroom$1,287$1,823-$536-29.4%
    2 Bedroom$1,540$2,801-$1,261-45.0%
    3 Bedroom$1,773$6,614-$4,841-73.2%

    Rent Comparison to the city of Portland

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$999$1,344-$345-25.7%
    1 Bedroom$1,287$1,753-$466-26.6%
    2 Bedroom$1,540$2,092-$552-26.4%
    3 Bedroom$1,773$2,522-$749-29.7%

    Methodology: On 11/25/2025, ApartmentHomeLiving.com compared current rents by floorplan to 247 other apartment communities in the immediate area around Waterleaf (Waterfront), and 10413 other apartment communities in Portland using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 11/25/2025

  • Transit Friendly 3.8

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Lincoln High School

Portland School District 1j
1750 Southwest Salmon Street
Public School - Grades 9-12 (1525 Students)
In Attendance Zone3 minute drive / 1.2 miles away
8/10

West Sylvan Middle School

Portland School District 1j
8111 Southwest West Slope Drive
Public School - Grades 6-8 (757 Students)
In Attendance Zone9 minute drive / 4.2 miles away
5/10

Ainsworth Elementary School

Portland School District 1j
2425 Southwest Vista Avenue
Public School - Grades K-5 (563 Students)
In Attendance Zone3 minute drive / 1.3 miles away
9/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Waterleaf.

Arts Museums and Landmarks

Oregon Museum of Science and Industry

1945 SE Water Avenue
1 minute drive / 0.25 miles away

Portland Art Museum

1219 SW Park Avenue
2 minute drive / 0.77 miles away

Oregon Jewish Museum

310 NW Davis St
3 minute drive / 1.01 miles away

Big Box and Retail

Safeway

2800-2804 SE Hawthorne Blvd
4 minute drive / 1.59 miles away

Walgreens

1620 NE Grand Ave
5 minute drive / 1.78 miles away

Walgreen's

3909 SE Holgate Blvd
5 minute drive / 2.66 miles away

Colleges and Universities

Portland State University

724 SW Harrison
2 minute drive / 0.68 miles away

Oregon Health and Science University - South Waterfront Campus

3303 SW Bond Avenue
2 minute drive / 0.77 miles away

Oregon Health and Science University

3181 SW Sam Jackson Park Road
3 minute drive / 1.12 miles away

Groceries

Safeway

2800-2804 SE Hawthorne Blvd
4 minute drive / 1.59 miles away

Trader Joe's

2120-2122 NW Glisan St
4 minute drive / 1.65 miles away

Cash & Carry

1420 NW 14th Ave
5 minute drive / 1.76 miles away

Hospitals

Shriners Hospital For Children - Portland

3101 Sw Sam Jackson Park Road
2 minute drive / 0.98 miles away

Ohsu Hospital And Clinics

3181 Sw Sam Jackson Park Road
3 minute drive / 1.15 miles away

Legacy Good Samaritan Medical Center

1015 Nw 22nd Avenue, W121
5 minute drive / 1.92 miles away

Military Bases

Portland Airport Air Guard Station

12 minute drive / 5.93 miles away

Camp Withycombe National Guard

18 minute drive / 8.7 miles away

Parks and Recreation

Pittcock Mansion

3229 NW Pittock Drive
5 minute drive / 2.48 miles away

Oaks Amusement Park

7805 SE Oaks Park Way
6 minute drive / 2.81 miles away

Waterleaf has 2 parks within 2.8 miles, including Pittcock Mansion, and Oaks Amusement Park.

Shopping Centers

Pioneer Place

700-850 SW Fifth Ave
2 minute drive / 0.69 miles away

DUP BLDG

534 SW Third Ave
2 minute drive / 0.69 miles away

NO

SW Fifth
2 minute drive / 0.69 miles away

Waterleaf has 5 shopping centers within 0.8 miles.

Transit Stations

SW River Pkwy & Moody-Portland Streetcar

1 minute drive / 0.28 miles away

SW Harrison Street-Portland Streetcar

1 minute drive / 0.33 miles away

SW 1st & Harrison-Portland Streetcar

1 minute drive / 0.38 miles away

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $649
View Rentals
Studio to 4 Bedroom Apartments from $875
View Rentals
Studio to 5 Bedroom Apartments from $649
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Portland Studio Apartments $1,344$619$2,735
Portland 1 Bedroom Apartments $1,753$698$7,200
Portland 2 Bedroom Apartments $2,092$668$9,214
Portland 3 Bedroom Apartments $2,522$765$10,000+
Portland 4 Bedroom Apartments $5,009$1,902$10,000+
Portland 5 Bedroom Apartments $7,285$2,995$10,000+
Portland 6 Bedroom Apartments $16,065$10,000$10,000+

Browse Top Apartments in Portland

Viewing: Waterleaf | Desktop Version | Listing Updated: 11/25/2025 | AHLDIA