
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.


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Holloway

Byline

Slabtown Square

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Yard

Park Avenue West

Burlington Tower

The Weidler
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.

Park Avenue Apartments

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The Frankie

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Willamette Tower

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The Dylan

Skylar Grand

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ART Tower

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Portland Astoria

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Akoya
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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5 MLK

Gossamer

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Grand Belmont

Derby Slabtown

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Collective on 4th

East of Eleven

The Strauss on Burnside

The Marilyn
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.

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Sanctuary

Osprey

NV Apartments

11 Marché Apartments

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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

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mResidences Portland Pearl District

The Ardea Apartments

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The Linden

Burnside 26

The Parker

Regency Apartments

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The Douglas
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

Waterleaf

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The Olivia

The Matisse

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Ella
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 | $1,499 | $470 | $3,958 |
| South Waterfront 1 Bedroom Apartments | $2,024 | $1,056 | $6,675 |
| South Waterfront 2 Bedroom Apartments | $3,131 | $1,264 | $8,930 |
| South Waterfront 3 Bedroom Apartments | $2,313 | $1,458 | $4,035 |
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.
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: 04-19-2026Take 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!
NV Apartments
Now offering up to 6 Weeks Free on 1 Bedroom with Den Apartment Homes! Terms and conditions apply. Contact the leasing office to schedule your tour today!Expires 04-19-2026
Yard
Newly reduced rental pricing *Up to 6 Weeks Free Special offer: Free parking space on two-bedroom homes (valid only for the next 5 leases) Contact Our Leasing Office Today for More Information and to Schedule a Tour. *Restrictions may apply.Expires 04-19-2026
Sanctuary
Up to 6 weeks free base rent! Min. term & restrictions apply. Other costs & fees excluded.Expires 04-19-2026
Griffis South Waterfront
Up to eight weeks FREE on select homes. Call for details!Expires 04-19-2026
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 04-19-2026
Collective on 4th
Up to 8 Weeks FREE! Call today for details.Expires 04-19-2026
Gossamer
For a limited time, receive up to 2 weeks free on select, available homes.Expires 04-19-2026
Akoya
Limited Time Only - Huge Savings - Schedule Your Tour Today Up to 6 WEEKS FREE On Select Homes!Expires 04-19-2026
Park Avenue West
Connect with our leasing team to discover how to make this exceptional address your new home.Expires 04-19-2026
Skylar Grand
Up To 8 WEEKS FREE! - Apply to Skylar Grand today and receive up to 8 WEEKS FREE on select apartments! Terms & restrictions apply - contact us for details.Expires 04-19-2026
Newly Listed Move-In Specials offers for Apartments in South Waterfront, OR
Specials updated: 04-19-2026Here 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.
Derby Slabtown
1 Month Rent FREE on all studio apartments if you start your lease within 2 weeks. Look & Lease 2 Weeks Rent FREE: If you apply within 48 hours of touring our 1 or 2 bedroom apartments and start your lease within 2 weeks.Expires 04-30-2026
East of Eleven
Act fast, we are offering up to 2 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 04-30-2026
11 Marché Apartments
Up to 8 weeks FREE with a 12-month lease on select homes.Expires 04-30-2026
The Linden
1 Month Free Base Rent! On select homes. Minimum lease term applies. Other costs and fees excluded.Expires 04-20-2026
Burlington Tower
Apply now to receive 1 month free!Expires 04-20-2026
Slate Apartments
Now offering 6-8 weeks FREE on all available apartments!* -- *Restrictions apply. Ask our team for details!Expires 04-20-2026
Millhouse
Spring Savings Blitz—$1,000 Gift Card + 2 Months Free Base Rent!* -- *Contact us for additional specials. -- *Minimum lease term applies. Other costs and fees excluded.Expires 04-20-2026
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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 #25
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 $2,675.
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 $1,900 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 477 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.