
Apartments for Rent with Specials in the South Waterfront Neighborhood of Portland, OR (44 Rentals)
Apartments in the South Waterfront area of Portland with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


Holloway

The Frankie

Byline

The Weidler

Slabtown Square

Yard

Park Avenue West

Burlington Tower

Cascade Vista
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Jute Apartments

Willamette Tower

The Olivia

DOCK 59 APARTMENTS

The Dylan

Skylar Grand

Alta Art Tower

Akoya

Gossamer

Grand Belmont
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Collective on 4th

East of Eleven

The Marilyn

Sanctuary Apartments

Osprey

The Douglas

Slate Apartments

Griffis South Waterfront

Kearney Plaza

Ongford Apartments
Navigating 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.

Asa Flats and Lofts

Cyan/PDX

mResidences Portland Pearl District

Harrison Tower Apartment Homes

The Ardea Apartments

Union

Regency Apartments

Portland Astoria

5 MLK

735 St. Clair
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

Hassalo on Eighth

The Matisse

Ella

3601 SW River Pkwy, Unit 1416
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 | $1,527 | $875 | $2,617 |
| South Waterfront 1 Bedroom Apartments | $2,060 | $1,221 | $6,675 |
| South Waterfront 2 Bedroom Apartments | $3,328 | $1,455 | $9,214 |
| South Waterfront 3 Bedroom Apartments | $3,438 | $1,950 | $6,999 |
| South Waterfront 4 Bedroom Apartments | $4,617 | $4,617 | $4,617 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the South Waterfront Neighborhood of Portland, OR.
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South Waterfront, Portland, OR Local Guide
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Top Portland Apartments in the South Waterfront Area with Move-In Specials Ending Soon
Specials updated: 01-14-2026Take advantage of these move-in and rent specials that are ending soon for top South Waterfront, OR apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Sanctuary Apartments
Winter Savings! Receive up to 1 Month Free and a Gift Card up to $1,500 when you move in by 1/11/2026. Terms and conditions apply. Contact our leasing office for details.Expires 01-14-2026
Griffis South Waterfront
Up to eight weeks FREE on select homes. Call for details!Expires 01-15-2026
Slabtown Square
Up to 8 Weeks Free!! Become one of the first residents to live at our brand-new community! Schedule your personal tour and visit us today to see your next home opportunities. Tours are available 7 days a week. Contact our team for full details! *Some restrictions may apply.Expires 01-15-2026
Gossamer
6 Weeks Free on Select Units!Expires 01-15-2026
Akoya
Limited Time Only - Huge Savings - Schedule Your Tour Today Up to 8 WEEKS FREE On Select Homes!Expires 01-15-2026
Burlington Tower
Apply now to receive 1 month free!Expires 01-15-2026
Slate Apartments
Look & Lease: Get up to 10 Weeks Free now when you apply within 24 hours of touring!Expires 01-15-2026
Cascade Vista
Start the New Year with SAVINGS! Apply today and get one month FREE on 2-bedroom homes! Limited time offer. *Terms & conditions apply. Schedule a tour today!Expires 01-15-2026
The Ardea Apartments
Winter Savings! Now offering 4 weeks free on select homes! Terms and conditions apply. Contact the leasing office for more details.Expires 01-15-2026
The Matisse
Receive 4 weeks FREE + 2 weeks when you apply within 48 hours of touring! Some restrictions may apply, contact the leasing office for details. Limited time offer!Expires 01-15-2026
Newly Listed Move-In Specials offers for Apartments in South Waterfront, OR
Specials updated: 01-14-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in South Waterfront, OR. Be sure to take advantage of some of the area’s top offers.
Union
Move-In Special Receive Up to One Month Free! Special Will Not Last - Call Today! *Select Homes. New Move-InsExpires 01-31-2026
The Collective on 4th
Lease Now for up to 10 Weeks Free (on select floor plans).Expires 12-31-2026
East of Eleven
Act fast, we are offering up to 4 Weeks Free on select vacant apartments! Contact us today and save! Our leasing team is now available to help you virtually! For a virtual tour of our property, visit our virtual tours page, or contact us to set up a virtual tour with a member of our leasing team. We are also available by phone or email.Expires 01-31-2026
Grand Belmont
Reduced Rents + Up to 8 Weeks Free!* Contact our friendly leasing team to learn more. *Restrictions may apply.Expires 01-15-2026
5 MLK
Up to 6 Weeks Free Base Rent + Annual DoorDash Pass. Minimum lease term applies. Other costs and fees excluded.Expires 01-15-2026
Portland Astoria
Up To 6 Weeks Free On Select Homes!* Please contact our leasing team today to schedule a tour! *Restrictions may apply.Expires 01-15-2026
Alta Art Tower
Now offering up to 6 Weeks Free! Contact our leasing office to schedule your tour today.Expires 01-15-2026
DOCK 59 APARTMENTS
Apply today and receive up to 4 weeks FREE!* -- *Restrictions apply, ask our team for details."Expires 01-15-2026
Willamette Tower
Up to 8 weeks free base rent! Contact office for details.Expires 01-15-2026
The Frankie
Up to 12 WEEKS FREE base rent. Offer valid select homes and lease terms. Contact Leasing for details.Expires 01-15-2026
The 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 ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 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 #21
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Rent Specials South Waterfront Apartments
What is the Cheapest Rent Specials apartment in South Waterfront?
Currently the most affordable Rent Specials Apartment in South Waterfront is at Regency Apartments listed at $875.
How much is the average rent for a Rent Specials South Waterfront Apartment?
The average rent for a Rent Specials Apartment in South Waterfront is $2,710.
What is the largest Rent Specials South Waterfront Apartment for rent?
Today's Rent Specials apartment with the most square footage in South Waterfront is a 2,611 square feet unit starting from $1,749 at Willamette Tower.
What is the average size for South Waterfront Rent Specials Apartments for rent?
The average size for a Rent Specials rental in South Waterfront is currently at 484 sq ft.
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

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.

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.

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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!