Cheap Studio Apartments for Rent in the South Waterfront Neighborhood of Portland, WA from $875 (43 Rentals)

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Park Plaza
$1,131 - $1,180
Total Monthly Price

Total Monthly Price

Base Rent
$961 - $2,190
Required Monthly Fees
$4

Total Monthly Price
$965 - $2,194
Studio Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
Corporate Housing
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  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Grand Belmont
Rent Specials
$1,224 - $1,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,214 - $2,589
Required Monthly Fees
$10

Total Monthly Price
$1,224 - $2,599
Studio Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
Transit Friendly
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Griffis South Waterfront
Rent Specials
$1,236 - $1,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $2,754

Total Monthly Price
$1,236 - $2,754
Studio Apartments Available Now

Griffis South Waterfront

650 S Gaines StPortland, OR 97239
Luxury
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Sawbuck
$1,271 - $2,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,271 - $5,366

Total Monthly Price
$1,271 - $5,366
Studio Apartments Available Now

Sawbuck

1725 SW Salmon StPortland, OR 97205
Furnished
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The Dylan
Rent Specials
$1,295 - $1,698
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $3,253

Total Monthly Price
$1,295 - $3,253
Studio Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
Outdoors
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Sanctuary Apartments
$1,295 - $1,440
Total Monthly Price

Total Monthly Price

Base Rent
$1

Total Monthly Price
$1
Studio Apartments Contact Us For Availability

Sanctuary Apartments

4940 S Landing DrPortland, OR 97239
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Ella
Rent Specials
$1,299 - $1,409
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $7,644

Total Monthly Price
$1,299 - $7,644
Studio Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
Pet Friendly
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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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The Douglas
Rent Specials
$1,340
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,334

Total Monthly Price
$1,340 - $3,334
Studio Apartments Available Feb 22

The Douglas

1811 SW River DrPortland, OR 97201
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Asa Flats and Lofts
Rent Specials
$1,346 - $1,791
Total Monthly Price

Total Monthly Price

Base Rent
$1,334 - $2,837
Required Monthly Fees
$12

Total Monthly Price
$1,346 - $2,849
Studio Apartments Available Now

Asa Flats and Lofts

1200 NW Marshall StPortland, OR 97209
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Cyan/PDX
Rent Specials
$1,368 - $1,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,368 - $3,793

Total Monthly Price
$1,368 - $3,793
Studio Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, OR 97201
Corporate Housing
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Holloway
Rent Specials
$1,370 - $1,792
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $3,160

Total Monthly Price
$1,370 - $3,160
Studio Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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Millhouse
Rent Specials
$1,384 - $1,755
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $4,135
Required Monthly Fees
$75

Total Monthly Price
$1,459 - $4,210
Studio Apartments Available Now

Millhouse

1985-1988 NW Savier StPortland, OR 97209
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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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The Frankie
Rent Specials
$1,466 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,466 - $4,035

Total Monthly Price
$1,466 - $4,035
Studio Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
Student Housing
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Portland Astoria
Rent Specials
$1,488 - $1,553
Total Monthly Price

Total Monthly Price

Base Rent
$1,477 - $7,184

Total Monthly Price
$1,477 - $7,184
Studio Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
Luxury
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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.

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5 MLK
Rent Specials
$1,666 - $1,826
Total Monthly Price

Total Monthly Price

Base Rent
$1,666 - $3,918

Total Monthly Price
$1,666 - $3,918
Studio Apartments Available Now

5 MLK

5 SE Martin Luther King Jr BlvdPortland, OR 97214
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South Waterfront, Portland, WA Local Guide

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!

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Don'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.

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The 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.

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Cash 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.

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A 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

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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.

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Pet Friendly Lifestyle
South Waterfront, Portland, OR

Ranked #22

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap South Waterfront Apartments

What is a cheap apartment in South Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Waterfront is under $1,225.

What is the price of a cheap apartment in South Waterfront?

The cheapest apartment in South Waterfront is Regency Apartments which is listed at $875, while the average apartment in South Waterfront costs $3,334.

What types of apartments are the cheapest in South Waterfront?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 52 regular apartments in South Waterfront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Waterfront?

Cheap apartments in South Waterfront have an average cost of $573 which is $2,761 cheaper than the average rent for all rentals in South Waterfront.

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

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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.

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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.

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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

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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.

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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.

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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.

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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.