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$470 - $1,458Studio to 3 Bedroom Apartments Contact Us For Availability
The Vera
2045 SW River PkyPortland, OR 97201
Cheap Apartments for Rent in the Waterfront Neighborhood of Portland, OR from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Portland.
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$480 - $1,798Studio to 3 Bedroom Apartments Available Now
Waterleaf
2065 S River PkyPortland, OR 97201
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$500Studio Apartments Available Now
Helen Swindells Building
2-16 NW BroadwayPortland, OR 97209
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$649Studio Apartments Available Now
Modern Rich Apartments
205-217 NW Couch StPortland, OR 97209
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$860Studio Apartments Contact Us For Availability
Fountain Place Apartments
929 SW Salmon StPortland, OR 97205
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$875 - $1,350Studio to 2 Bedroom Apartments Available Now
Fifth Avenue Place Apartments
314 NW 5th AvePortland, OR 97209
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$875Studio Apartments Contact Us For Availability
Morrison Park Apartments
803 SW Morrison StPortland, OR 97205
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$899 - $1,425
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$899 - $1,425
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$899 - $1,425
Koz on 4th
2211 SW 4th AvePortland, OR 97201
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$900 - $1,000Studio Apartments Available Now
Regency Apartments
1410 SW BroadwayPortland, OR 97201
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$915 - $1,155
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$915 - $1,155
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$915 - $1,155
Washington Plaza Apartments
1129 SW Washington StPortland, OR 97205
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.
318 NW Broadway
PortlandOR97209
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$1,005Studio to 3 Bedroom Apartments Available Now
Acqua Apartments - Student Affordable
2615 S Water AvePortland, OR 97201
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$1,025 - $1,5951 to 2 Bedroom Apartments Contact Us For Availability
Westfal Apartments
1880 SW 5th AvePortland, OR 97201
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$1,050 - $1,525Studio to 1 Bedroom Apartments Available Now
JEANNE MANOR APARTMENTS (JEAN01)
1431 SW Park AvePortland, OR 97201
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$1,195 - $1,400Studio Apartments Available Now
Sovereign Building
1207 SW BroadwayPortland, OR 97205
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$1,200 - $1,599
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$1,200 - $1,599
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38 Davis
38 NW Davis StPortland, OR 97209
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$1,200 - $1,3001 Bedroom Apartments Available Aug 1
Beverly Alder Apartments
1103-1117 SW Alder StPortland, OR 97205
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$1,275 - $2,950
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$1,275 - $2,950
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The Douglas
1811 SW River DrPortland, OR 97201
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$1,360 - $1,940
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$1,360 - $1,940
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$1,360 - $1,940
230 Ash
230 SW Ash StPortland, OR 97204
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$1,375 - $4,447Studio to 3 Bedroom Apartments Available Now
Couch9
135 NW 9th AvePortland, OR 97209
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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$1,406 - $2,8811 to 2 Bedroom Apartments Available Now
Essex House
1330 SW 3rd AvePortland, OR 97201
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$1,420 - $5,000
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$1,420 - $5,000
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Cyan/PDX
1720 SW 4th AvePortland, OR 97201
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$1,427 - $4,743
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$1,427 - $4,743
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Portland Astoria
140 SW Columbia StPortland, OR 97201
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$1,472 - $4,564
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$1,472 - $4,564
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Amara
15 NW Park AvePortland, OR 97209
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$1,477 - $2,665
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$1,477 - $2,665
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$1,477 - $2,665
Collective on 4th
1818 SW 4th AvePortland, OR 97201
300 NW 8th Ave, Unit 203
300 NW 8th Ave
PortlandOR97209
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$1,517 - $8,949
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$1,517 - $8,949
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Indigo
430 SW 13th AvePortland, OR 97205
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$1,525 - $1,807Studio to 2 Bedroom Apartments Available Now
linc245 Apartments
245 SW Lincoln StPortland, OR 97201
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$1,540 - $2,5671 to 2 Bedroom Apartments Available Now
linc301 Apartments
301 SW Lincoln StPortland, OR 97201
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$1,573 - $6,4261 to 3 Bedroom Apartments Available Now
Harrison Tower Apartment Homes
222 SW Harrison StPortland, OR 97201
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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$1,580 - $1,710
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mResidences Portland Pearl District
1155 NW Everett StPortland, OR 97209
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$1,609 - $3,616Studio to 2 Bedroom Apartments Available Now
Gossamer
255 NW 10th AvePortland, OR 97209
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$1,719 - $4,5001 to 2 Bedroom Apartments Available Now
The Louisa Apartments
123 NW 12th AvePortland, OR 97209
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$1,786 - $6,138Studio to 3 Bedroom Apartments Available Now
Residences at 11W
1140 SW Washington StPortland, OR 97205
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$1,847 - $1,9721 Bedroom Apartments Contact Us For Availability
Everett Station Lofts
625 NW Everett StPortland, OR 97209
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Studio to 2 Bedroom Apartments
St. James
1312 SW 10th AvePortland, OR 97201
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Studio Apartments
Everett Micro Lofts
306-318 NW BroadwayPortland, OR 97209
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Studio to 2 Bedroom Apartments
Fifth Avenue Court
221 NW 5th AvePortland, OR 97209
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Studio to 2 Bedroom Apartments
Maurice Dear Apartments
411 SW 12th AvePortland, OR 97205
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Studio to 1 Bedroom Apartments
West Park Place
1415-1419 SW Park AvePortland, OR 97201
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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Studio to 2 Bedroom Apartments
Water Meade Apartments
103 S Meade StPortland, OR 97201
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Studio Apartments
Rosenbaum
1200-1218 SW Washington StPortland, OR 97205
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Studio to 2 Bedroom Apartments
Whitney Gray
409 SW 12th AvePortland, OR 97205
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Studio Apartments
The Arthur
726 SW 11th AvePortland, OR 97205
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Studio to 1 Bedroom Apartments
333 Oak
333 SW Oak StPortland, OR 97204
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1 to 2 Bedroom Apartments
Gallery Park Apartments
1436 SW Park AvePortland, OR 97201
111 SW Harrison St
PortlandOR97201
300 NW 8th Ave
PortlandOR97209
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1 Bedroom Apartments
Oregon House Apartments
1200 SW Park AvePortland, OR 97205
1500 SW Park Ave
PortlandOR97201
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.
Showing Results 1-50, Page 1 of 1
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 | $1,269 | $470 | $2,618 |
| Waterfront 1 Bedroom Apartments | $1,839 | $1,025 | $3,749 |
| Waterfront 2 Bedroom Apartments | $2,864 | $1,264 | $8,447 |
| Waterfront 3 Bedroom Apartments | $3,383 | $1,458 | $8,949 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Portland, OR.
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Waterfront, Portland, OR Local Guide
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Cheapest Available Waterfront Apartments for Rent
The cheapest available apartment rental in the Waterfront area of Portland, OR is a Studio unit found at Waterleaf priced from $480. Helen Swindells Building has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here are the most affordable Waterfront apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterleaf | Studio | Studio,1BA | $480 |
| Helen Swindells Building | 0x1 | Studio,1BA | $500 |
| Modern Rich Apartments | 0BR/1.0BA | Studio,1BA | $649 |
| Fifth Avenue Place Apartments | Studio 425 | Studio,1BA | $875 |
| Regency Apartments | Studio A | Studio,1BA | $900 |
| Washington Plaza Apartments | s5fl 275 | Studio,1BA | $915 |
| Maurice Dear Apartments | Studio | Studio,1BA | $995 |
| West Park Place | studio | Studio,1BA | $999 |
| Rosenbaum | Studio | Studio,1BA | $1,105 |
| Whitney Gray | Studio A | Studio,1BA | $1,125 |
Best Value Apartments for Rent in Waterfront, OR
As of July 28, 2026 the best value apartment in the Waterfront area is the $2.06 price per square foot 105 Model at Everett Station Lofts in the in the Pearl District neighborhood starting from $1,847. The second greatest value Waterfront apartment is the 1 Bedroom 1 Bath Model at Waterleaf starting at $1,308 with a $1.90 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| Waterleaf | 1 Bedroom 1 Bath | 1BR,1BA | $1.90 |
| Essex House | Plan 1CR | 1BR,1BA | $2.59 |
| linc245 Apartments | 1x1 670 sq. ft. Columbia | 1BR,1BA | $2.28 |
| mResidences Portland Pearl District | 1x1 F | 1BR,1BA | $2.63 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.48 |
| Harrison Tower Apartment Homes | Residence 2 | 1BR,1BA | $2.59 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $2.06 |
| West Park Place | studio | Studio ,1BA | $2.50 |
| Modern Rich Apartments | 0BR/1.0BA | Studio ,1BA | $2.16 |
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.
Read ArticleA 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
Read ArticleReal 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 LifestyleWaterfront, Portland, OR
Ranked #38
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Oregon, including Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Waterfront Apartments
What is the Cheapest Studio apartment in Waterfront?
Currently the most affordable Cheap Studio Apartment in Waterfront is at Waterleaf listed at $480.
How much is rent for a Cheap One Bedroom Waterfront Apartment?
The lowest price for a Cheap One Bedroom Waterfront Apartment is $1,100 at Fifth Avenue Place Apartments.
What is the lowest price for a Cheap Two Bedroom Waterfront Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterfront is starting from $1,562 at Waterleaf.
What is the most affordable Waterfront Three Bedroom Apartment?
The best deal on a cheap Waterfront Three Bedroom Apartment rental is at Waterleaf and starts from $1,798.
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
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.
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.
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.
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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Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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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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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.
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.