
Apartments for Rent with Specials in the South Waterfront Neighborhood of Portland, OR (8 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.


Osprey

Total Monthly Price
The Douglas

Griffis South Waterfront
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.

Total Monthly Price
The Ardea Apartments

Waterleaf

The Matisse

Total Monthly Price
Ella
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.
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 | $1,404 | $470 | $2,056 |
| South Waterfront 1 Bedroom Apartments | $1,762 | $1,000 | $3,009 |
| South Waterfront 2 Bedroom Apartments | $2,597 | $1,264 | $7,180 |
| South Waterfront 3 Bedroom Apartments | $1,843 | $1,458 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 8 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: 06-04-2026Take 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!
Ella
Up to 6 Weeks Free!* Contact us for more information! *Restrictions may apply.Expires 06-05-2026
Griffis South Waterfront
Up to six weeks FREE on select homes. Call for details!Expires 06-05-2026
The Douglas
4 Weeks Free Rent + 4 Months Free Parking on Select Homes!* Contact our friendly leasing team for full details! *Restrictions may apply.Expires 06-05-2026
The Dylan
Up to 4 weeks free base rent! Min. term & restrictions apply. Other costs & fees excluded. Offer may change.Expires 06-05-2026
Osprey
Get up to 6 WEEKS FREE on select units! Schedule your tour today! *T&Cs ApplyExpires 06-05-2026
Waterleaf
Offering TWO WEEKS FREE rent on any unit, and an additional two weeks of free rent if you apply within 48 hours of your tour!Expires 06-05-2026
The Ardea Apartments
Up to 8 weeks free on select units *Restrictions May ApplyExpires 06-05-2026
The Matisse
Receive 50% Off Base Rent For The First 4 Months!Expires 06-05-2026
Newly Listed Move-In Specials offers for Apartments in South Waterfront, OR
Specials updated: 06-04-2026Here 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.
Ella
Up to 6 Weeks Free!* Contact us for more information! *Restrictions may apply.Expires 06-05-2026
Griffis South Waterfront
Up to six weeks FREE on select homes. Call for details!Expires 06-05-2026
The Douglas
4 Weeks Free Rent + 4 Months Free Parking on Select Homes!* Contact our friendly leasing team for full details! *Restrictions may apply.Expires 06-05-2026
The Dylan
Up to 4 weeks free base rent! Min. term & restrictions apply. Other costs & fees excluded. Offer may change.Expires 06-05-2026
Osprey
Get up to 6 WEEKS FREE on select units! Schedule your tour today! *T&Cs ApplyExpires 06-05-2026
Waterleaf
Offering TWO WEEKS FREE rent on any unit, and an additional two weeks of free rent if you apply within 48 hours of your tour!Expires 06-05-2026
The Ardea Apartments
Up to 8 weeks free on select units *Restrictions May ApplyExpires 06-05-2026
The Matisse
Receive 50% Off Base Rent For The First 4 Months!Expires 06-05-2026
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 #99
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $3,003.
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 $1,681 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 505 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.

From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.