Cheap Studio Apartments for Rent in the Waterfront Neighborhood of Portland, OR from $470 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

close
View Me
Koz on 4th
Rent Specials
$946 - $1,221
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,425

Total Monthly Price
$949 - $1,425
Studio Apartments Available Now

Koz on 4th

2211 SW 4th AvePortland, OR 97201
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Collective on 4th
Rent Specials
$1,214 - $2,327
Total Monthly Price

Total Monthly Price

Base Rent
$1,214 - $4,232

Total Monthly Price
Varies
Studio Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Douglas
Rent Specials
$1,275 - $1,394
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $2,999

Total Monthly Price
Varies
Studio Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
38 Davis
Rent Specials
$1,275 - $1,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,700

Total Monthly Price
Varies
Studio Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

close
View Me
230 Ash
Rent Specials
$1,360
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $1,949

Total Monthly Price
Varies
Studio Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Low Income
close
View Me
Indigo
$1,391 - $3,105
Total Monthly Price

Total Monthly Price

Base Rent
$1,391 - $12,021

Total Monthly Price
Varies
Studio Apartments Available Now

Indigo

430 SW 13th AvePortland, OR 97205
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Portland Astoria
Rent Specials
$1,411 - $1,481
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $5,220

Total Monthly Price
Varies
Studio Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

close
View Me
The Arthur
Studio Apartments

The Arthur

726 SW 11th AvePortland, OR 97205
close
View Me
St. James
Studio Apartments

St. James

1312 SW 10th AvePortland, OR 97201
  • Utilities Included
close
View Me
Everett Micro Lofts
Studio Apartments

Everett Micro Lofts

306-318 NW BroadwayPortland, OR 97209
Student Housing
close
View Me
West Park Place
Studio Apartments

West Park Place

1415-1419 SW Park AvePortland, OR 97201
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
Rosenbaum
Studio Apartments

Rosenbaum

1200-1218 SW Washington StPortland, OR 97205
Senior Living
  • Utilities Included
close
View Me
Whitney Gray
Studio Apartments

Whitney Gray

409 SW 12th AvePortland, OR 97205
close
View Me
333 Oak
Studio Apartments

333 Oak

333 SW Oak StPortland, OR 97204
Senior Living
  • Utilities Included

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!

Read Article
Decorative image

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 Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Waterfront, Portland, OR

Ranked #39

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Waterfront Apartments

What is a cheap apartment in Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterfront is under $995.

What is the price of a cheap apartment in Waterfront?

The cheapest apartment in Waterfront is Waterleaf which is listed at $480, while the average apartment in Waterfront costs $2,931.

What types of apartments are the cheapest in 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 83 regular apartments in 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 Waterfront?

Cheap apartments in Waterfront have an average cost of $598 which is $2,333 cheaper than the average rent for all rentals in 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

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insiders 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.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.