3 Bedroom Apartments for Rent in the Waterfront Neighborhood of Portland, OR (16 Rentals)

Cyan/PDX
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.

Harrison Tower Apartment Homes

The Douglas

Amara

Acqua

Residences at 11W
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.

255 SW Harrison St, Unit TH9
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.
Waterfront, Portland, OR Local Guide

How much does it cost to rent an apartment in Waterfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterfront Studio Apartments | $1,347 | $649 | $2,531 |
Waterfront 1 Bedroom Apartments | $1,955 | $1,150 | $4,939 |
Waterfront 2 Bedroom Apartments | $2,826 | $1,200 | $6,004 |
Waterfront 3 Bedroom Apartments | $7,726 | $1,773 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Waterfront, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Waterfront 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Waterfront area of Portland, OR is found at Residences at 11W and is listed at 3,727 square feet priced from $22,000. Here is today’s list of the largest available 2 Bedroom units in the area:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Residences at 11W | Penthouse 14 (PH14) | 3,727 Sq Ft | $22,000 |
The Douglas | 3x1 Pettygrove | 1,368 Sq Ft | $2,875 |
The Collective on 4th | 3x2.5 G | 1,266 Sq Ft | $3,147 |
Waterleaf | 3 Bedroom -60% | 1,097 Sq Ft | $1,773 |
Cyan/PDX | Three Bedroom (C1) | 1,066 Sq Ft | $3,034 |
Cheapest Available Waterfront 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Waterfront of Portland, OR is the 3 Bedroom -60% Model starting from $1,773 at Waterleaf. The average price for all 3 Bedroom apartments in Waterfront is currently $7,726. Here is today’s list of the cheapest available 3 Bedroom options in the area:
Apartment Listing | Model Name | Priced From |
---|---|---|
Waterleaf | 3 Bedroom -60% | $1,773 |
The Douglas | 3x1 Pettygrove | $2,875 |
Cyan/PDX | Three Bedroom (C1) | $3,034 |
The Collective on 4th | 3x2.5 D | $3,122 |
Residences at 11W | Penthouse 8 (PH8) | $9,148 |
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.
Pet Friendly LifestyleWaterfront, Portland, OR
Ranked #41
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Oregon and customized analysis for Central Portland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
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 3 Bedroom Waterfront Apartments
What is the Cheapest apartment in Waterfront with 3 Bedroom?
Currently the most affordable 3 Bedroom in Waterfront is at Waterleaf listed at $1,773.
How much is the average rent for a 3 Bedroom Waterfront Apartment?
The average rent for a 3 Bedroom Apartment in Waterfront is $7,726.
What is the largest available 3 Bedroom Waterfront Apartment for rent?
Today's apartment with the most square footage in Waterfront is a 3,727 square feet unit starting from $22,000 at Residences at 11W.
What is the average size for Waterfront 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Waterfront is currently 1,200 sq ft.
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.

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.

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.

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.