255 SW Harrison St
PortlandOR97201
Cheap Homes for Rent in Waterfront Neighborhood of Portland, OR from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront area of Portland.
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.
111 SW Harrison St, Unit 111 SW Harrison St. #11G
111 SW Harrison St
PortlandOR97201
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.
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Waterfront, Portland, OR Local Guide
How much does it cost to rent a home in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront 2 Bedroom Homes for Rent | $4,350 | $2,100 | $7,550 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Waterfront, OR
As of September 15, 2025 the best value apartment in the 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 Waterfront apartment is the Residence 8 Club Level Model at Harrison Tower Apartment Homes starting at $3,062 with a $2.45 price per square foot in the Homestead 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. |
|---|---|---|---|
| The Douglas | 3x1 Pettygrove | 3BR,1BA | $2.10 |
| Harrison Tower Apartment Homes | Residence 8 Club Level | 3BR,2BA | $2.45 |
| Park Avenue West | Unit J | 1BR,1BA | $2.42 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.17 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1.83 |
| Waterleaf | Studio-60% | Studio ,1BA | $2.13 |
| Gallery Park Apartments | One Bedroom | 1BR,1BA | $2.52 |
| 5th Avenue Place Apartments | Studio | Studio ,1BA | $1.67 |
| Fountain Place Apartments | Studio - 60% | Studio ,1BA | $2.06 |
| Acqua Apartments | Studio | Studio ,1BA | $2.12 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWaterfront, Portland, OR
Ranked #43
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Waterfront
What type of rentals are currently available in Waterfront?
There are currently 102 Apartments for Rent in Waterfront, OR with pricing that ranges from $649 to $20,000. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,545 to $7,550.
What is the current price range for Rental Homes in Waterfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront ranges from $1,545 to $7,550 with an average monthly rent of $3,065.
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.