Cheap Studio Apartments for Rent in the South Waterfront Neighborhood of Portland, OR from $470 (42 Rentals)

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Grand Belmont
Rent Specials
$1,134 - $1,359
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$1,144 - $2,235

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Studio Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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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.

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The Douglas
$1,275 - $1,394
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $2,950

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Studio Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
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The Dylan
Rent Specials
$1,295 - $1,698
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $3,653

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Studio Apartments Contact Us For Availability

The Dylan

3883 S Moody AvePortland, OR 97239
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Ella
Rent Specials
$1,359 - $1,469
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $10,000

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Studio Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
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Sanctuary
Rent Specials
$1,370 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,772

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Studio Apartments Available Aug 24

Sanctuary

4940 S Landing DrPortland, OR 97239
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Portland Astoria
Rent Specials
$1,377 - $1,497
Total Monthly Price

Total Monthly Price

Base Rent
$1,377 - $4,751

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Studio Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
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Yard
Rent Specials
$1,446 - $1,976
Total Monthly Price

Total Monthly Price

Base Rent
$1,446 - $3,275

Total Monthly Price
$1,446 - $3,275
Studio Apartments Available Now

Yard

22 NE 2nd AvePortland, OR 97232
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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

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Byline Apartments
Rent Specials
$1,455 - $1,960
Total Monthly Price

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Base Rent
$1,455 - $8,630

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Studio Apartments Available Now

Byline Apartments

1640 SW Yamhill StPortland, OR 97205
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Millhouse
Rent Specials
$1,469 - $1,730
Total Monthly Price

Total Monthly Price

Base Rent
$1,544 - $3,985

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Studio Apartments Available Aug 8

Millhouse

1985-1988 NW Savier StPortland, OR 97209
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Akoya
Rent Specials
$1,504 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,504 - $10,000

Total Monthly Price
$1,504 - $10,000
Studio Apartments Available Now

Akoya

1430 NW Hoyt StPortland, OR 97209
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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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Sawbuck
Rent Specials
$1,570 - $10,826
Total Monthly Price

Total Monthly Price

Base Rent
$1,552 - $10,826

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Studio Apartments Available Aug 18

Sawbuck

1725 SW Salmon StPortland, OR 97205
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Holloway
Rent Specials
$1,625 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $3,125

Total Monthly Price
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Studio Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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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.

South Waterfront, Portland, OR 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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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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Real 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.

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Pet Friendly Lifestyle
South Waterfront, Portland, OR

Ranked #24

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 $1,275.

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

The cheapest apartment in South Waterfront is Waterleaf which is listed at $480, while the average apartment in South Waterfront costs $2,929.

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 63 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 $506 which is $2,423 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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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.

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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.

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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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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

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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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.