Apartments for Rent in the Waterfront Neighborhood of Portland, OR (109 Rentals)

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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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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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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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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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Harrison East
1 to 3 Bedroom Apartments

Harrison East

111 SW Harrison StPortland, OR 97201
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Harrison West
1 Bedroom Apartments

Harrison West

255 SW HarrisonPortland, OR 97201
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1500 SW 5th Ave
2 Bedroom Apartments

1500 SW 5th Ave

1500 SW 5th AvePortland, OR 97201

How a Move-In Inspection Can Protect Your Security Deposit

Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.

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The Strand
2 to 3 Bedroom Apartments

The Strand

1900 S River DrPortland, OR 97201
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Waterfront, Portland, OR Local Guide

Quick 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.

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Pet Friendly Lifestyle
Waterfront, Portland, OR

Ranked #51

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Oregon and customized analysis for Central Portland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and more. These search options are in the site filters at the top of this page.

Outdoors Rating

We think living with parks and outdoor amenities is critically important. This neighborhood is now ranked as providing top-rated access to parks, paths, and trails, with a score of 4.0 out of 4.

Luxury Living Rating

Waterfront has a reputation as one of our favorite high-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, on-site concierge services, gardens, nearby parks, and quartz countertops in the kitchen with high-end appliances. Luxury neighborhoods also often offer wood-burning fireplaces, access to sports facilities like golf, raquetball, and tennis, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

This area ranks highly for raising pets (dogs and cats), with a score of 4.0 out of 4.

Getting Around the Waterfront Neighborhood in Portland, OR

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

92 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

92 / 100

Rider’s Paradise

World-class public transportation

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Waterfront

How much are Studio apartments in Waterfront?

There are currently 60 Studio Apartments in Waterfront with rent ranges from $649 to $2,789 with an average price of $1,395.

What is the current price range for One Bedroom Waterfront Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Waterfront ranges from $1,095 to $4,851 with an average monthly rent of $1,969.

What does renting a Two Bedroom Apartment in Waterfront cost?

The monthly rent prices of Two Bedroom Apartments currently available in Waterfront range from $1,200 to $10,643. Today's average rental price for Two Bedrooms here is $3,046.

How expensive are Waterfront Three Bedroom Apartments?

There are currently 24 Three Bedroom Apartments listings available in Waterfront on ApartmentHomeLiving.com. The pricing ranges from $1,773 to $24,496 - averaging $7,256 for the location.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.