
Apartments for Rent with Specials in the South Waterfront Neighborhood of Portland, OR (42 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.


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Holloway

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Byline Apartments

The Weidler

Slabtown Square

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Yard

Park Avenue West

Burlington Tower
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.

Brookland

Park Avenue Apartments

Atomic Orchard Experiment

Steeple Townhomes

The Woods on Marquam Hill

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The Dylan

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Sawbuck

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ART Tower
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.

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Portland Astoria

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Akoya

Gossamer

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Collective on 4th

East of Eleven

The Marilyn

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Sanctuary

Osprey
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

11 Marché Apartments

Hassalo on Eighth

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Slate Apartments

Griffis South Waterfront

Kearney Plaza

The Louisa Apartments

Ongford Apartments

MW8 - Shared and Furnished Housing
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.

Asa Flats and Lofts

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mResidences Portland Pearl District

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The Ardea Apartments

Burnside 26

The Matisse

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Grand Belmont

Regency Apartments

Waterleaf
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.

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Ella

3926 S Water Ave
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 | $1,533 | $470 | $10,000+ |
| South Waterfront 1 Bedroom Apartments | $2,040 | $1,056 | $6,421 |
| South Waterfront 2 Bedroom Apartments | $3,196 | $1,264 | $8,630 |
| South Waterfront 3 Bedroom Apartments | $2,043 | $1,458 | $2,935 |
Browse Apartments in this Neighborhood
There are currently 42 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
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Top Portland Apartments in the South Waterfront Area with Move-In Specials Ending Soon
Specials updated: 07-30-2026Take 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!
Gossamer
For a limited time, receive One Month Free on select, available homes.Expires 07-31-2026
Akoya
Limited Time Only - Huge Savings - Schedule Your Tour Today Up to 6 WEEKS FREE On Select Homes!Expires 07-31-2026
Brookland
Up to 3 Months Free! Move in by July 31st ! Look & Lease Special!Expires 07-31-2026
Burlington Tower
Apply now to receive 1 month free!Expires 07-31-2026
Slate Apartments
Now offering up to 8 weeks FREE on all available apartments!* -- *Restrictions apply. Ask our team for details!Expires 07-31-2026
Millhouse
8 Weeks Free Base Rent! *Limited time offer!Expires 07-31-2026
mResidences Portland Pearl District
For a limited time receive 8 weeks free base rent on select homes!* *12-14 lease terms apply. Must move in by 8/22/26. Min. term & restrictions apply. Other costs & fees excluded.Expires 07-31-2026
The Ardea Apartments
Up to 4 weeks free on select units *Restrictions May ApplyExpires 07-31-2026
Griffis South Waterfront
Up to one month FREE on select homes! Call for details.Expires 07-31-2026
Slabtown Square
Up to Six Weeks Free Rent! 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 07-31-2026
Newly Listed Move-In Specials offers for Apartments in South Waterfront, OR
Specials updated: 07-30-2026Here 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.
11 Marché Apartments
July rent FREE with a 12-month lease on select homes.Expires 07-31-2026
MW8 - Shared and Furnished Housing
Sign a lease at MW8 by 7/31/26 and receive: 1) $300 off first month 2) Priority room selection 3) Priority move in dateExpires 07-31-2026
Park Avenue Apartments
OPEN HOUSE: Date: Saturday, August 1, 2026 (9:00am - 3:00pm) Location: 12059 SW Park Avenue, Portland, OR 97201 MOVE-IN SPECIAL: Brand New Studios Starting at $999 PER MONTH 2 Months FREE* Waived Application Fee ($50 in SAVINGS) All Utilities Paid! (est. $75 SAVINGS per month) *Contact leasing team for details*Expires 08-01-2026
Hassalo on Eighth
12 weeks free on select units. Call our Leasing office for details.Expires 08-02-2026
Osprey
Get up to 6 WEEKS FREE on select units! Schedule your tour today! *T&Cs ApplyExpires 07-31-2026
East of Eleven
Act fast, we are offering up to 6 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 08-31-2026
Grand Belmont
Reduced Rents + Up to 8 Weeks Free!* Contact our friendly leasing team to learn more. *Restrictions may apply.Expires 07-31-2026
Portland Astoria
Up To 6 Weeks Free On Select Homes!* Please contact our leasing team today to schedule a tour! *Restrictions may apply.Expires 07-31-2026
ART Tower
Receive up to 6 weeks of free base rent on select homes! *Minimum lease term applies. Other costs and fees excluded. Three-bedroom Income-Restricted Homes AvailableExpires 07-31-2026
Sawbuck
Up to Four Weeks Free Base Rent *restrictions apply/select homesExpires 07-31-2026
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 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 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 #24
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 Waterleaf listed at $480.
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 $2,748.
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 2,438 square feet unit starting from $1,756 at The Ardea Apartments.
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 474 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

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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.