3712 S Kelly Ave
PortlandOR97239
Cheap Homes for Rent in South Waterfront Neighborhood of Portland, OR from $1,400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the South Waterfront area of Portland.
3601 S River Pkwy
PortlandOR97239
Showing Results 1-2, Page 1 of 1
South Waterfront, Portland, OR Local Guide
How much does it cost to rent a home in South Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Waterfront 2 Bedroom Homes for Rent | $1,945 | $1,495 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in South Waterfront, OR
As of September 12, 2025 the best value apartment in the South Waterfront area is the $2.10 price per square foot 3x1 Pettygrove Model at The Douglas in the in the Southwest Portland neighborhood starting from $2,875. The second greatest value South Waterfront apartment is the Residence 8 Club Level Model at Harrison Tower Apartment Homes starting at $3,073 with a $2.46 price per square foot in the Homestead neighborhood. Here is today’s list of the best values for South Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Douglas | 3x1 Pettygrove | 3BR,1BA | $2.10 |
| Harrison Tower Apartment Homes | Residence 8 Club Level | 3BR,2BA | $2.46 |
| Park Avenue West | Unit J | 1BR,1BA | $2.42 |
| MARQ - The Woods on Marquam Hill | 2x2 B | 2BR,2BA | $2.15 |
| The Matisse | 01F1 | Studio ,1BA | $2.04 |
| Live in luxury at 11 Marché Apartments in SW Portland | 1x1 - Renoir - 636 | 1BR,1BA | $2.51 |
| Waterleaf | Studio-60% | Studio ,1BA | $2.13 |
| East of Eleven | Kerns | Studio ,1BA | $2.51 |
| Ongford Apartments | Studio | Studio ,1BA | $2.14 |
| Stadium Station | Studio A | Studio ,1BA | $2.44 |
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Pet Friendly LifestyleSouth Waterfront, Portland, OR
Ranked #23
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about South Waterfront
What type of rentals are currently available in South Waterfront?
There are currently 82 Apartments for Rent in South Waterfront, OR with pricing that ranges from $950 to $9,214. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Waterfront ranging from $1,495 to $3,200.
What is the current price range for Rental Homes in South Waterfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Waterfront ranges from $1,495 to $3,200 with an average monthly rent of $2,180.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.