
Apartments for Rent in the South Waterfront Neighborhood of Portland, OR (49 Rentals)


Total Monthly Price
The Dylan

Osprey

Total Monthly Price
The Douglas

Total Monthly Price
The Ardea Apartments

The Matisse

Griffis South Waterfront

Total Monthly Price
Willamette Tower

Total Monthly Price
The Olivia
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

The Vera

Total Monthly Price
Ella

Gray's Landing

Corbett Heights Apartments

Total Monthly Price
3601 sw river parkway, Unit 1118

3601 S River Pkwy, Unit 1302

3601 SW River Pkwy, Unit 2100

3719 S Hood Ave, Unit B

841 S Gaines St, Unit #327
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3717 S Corbett Ave

844 S Curry St

3570 S River Pkwy

3601 S River Pkwy

841 S Gaines St

3712 S Kelly Ave

1930 S River Dr

Mirabella at South Waterfront

The Meriwether
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

The Strand

Kelly Apartments

3304 SW Corbett Ave

3602-3612 SW Kelly Ave

3334-3338 SW Water Ave

0320 SW Gaines St

3712 SW Kelly Ave

3755 SW Hood

3735 SW Hood Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

230 SW Gaines St

Victoria House

Block 45

Block 44

2610 SW Water Ave

4020 SW Kelly Ave

Corbanc Condiminums

The Emery Apartments

Hoodview Apartments
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

3727 SW Hood

La Stella Apartments

Redwood Park

Water Meade Apartments
South Waterfront, Portland, OR Local Guide

How much does it cost to rent an apartment in South Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Waterfront Studio Apartments | $1,427 | $470 | $2,213 |
| South Waterfront 1 Bedroom Apartments | $1,891 | $1,056 | $3,433 |
| South Waterfront 2 Bedroom Apartments | $3,243 | $1,264 | $8,253 |
| South Waterfront 3 Bedroom Apartments | $2,481 | $1,458 | $6,454 |
How much does it cost to rent a home in South Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $3,196 | $1,395 | $4,200 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the South Waterfront Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
South Waterfront, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleThe Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSouth Waterfront, Portland, OR
Ranked #96
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about South Waterfront
What is the current pricing and availability for apartments for rent in the South Waterfront area of Portland, OR?
As of today, September 09, 2026, there are currently 49 available South Waterfront apartments priced from $470 to $8,253, with an average monthly rent of $2,141.
How much are Studio apartments in South Waterfront?
There are currently 27 Studio Apartments in South Waterfront with rent ranges from $470 to $2,213 with an average price of $1,427.
What is the current price range for One Bedroom South Waterfront Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Waterfront ranges from $1,056 to $3,433 with an average monthly rent of $1,891.
What does renting a Two Bedroom Apartment in South Waterfront cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Waterfront range from $1,264 to $8,253. Today's average rental price for Two Bedrooms here is $3,243.
How expensive are South Waterfront Three Bedroom Apartments?
There are currently 7 Three Bedroom Apartments listings available in South Waterfront on ApartmentHomeLiving.com. The pricing ranges from $1,458 to $6,454 - averaging $2,481 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.