255 SW Harrison St
PortlandOR97201
Cheap Homes for Rent in Waterfront Neighborhood of Portland, OR from $1,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront area of Portland.
111 SW Harrison St, Unit 111 SW Harrison St. #11G
111 SW Harrison St
PortlandOR97201
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.
205 S Montgomery St
PortlandOR97201
1500 SW Park Ave
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 | $4,524 | $2,300 | $7,500 |
| Waterfront 3 Bedroom Homes for Rent | $2,599 | $2,599 | $2,599 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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 November 12, 2025 the best value apartment in the Waterfront area is the $2.49 price per square foot One-Bedroom Q Model at The Louisa Apartments in the in the Northwest Portland neighborhood starting from $2,601. The second greatest value Waterfront apartment is the 1x1 620 sq. ft. Hawthorne Model at linc301 Apartments starting at $1,310 with a $2.11 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. |
|---|---|---|---|
| The Louisa Apartments | One-Bedroom Q | 1BR,1BA | $2.49 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.11 |
| Couch9 | One Bed One Bath B1-3 | 1BR,1BA | $2.61 |
| Essex House | Plan 1AR | 1BR,1BA | $2.60 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1.83 |
| Waterleaf | Studio-60% | Studio ,1BA | $1.74 |
| Gallery Park Apartments | One Bedroom | 1BR,1BA | $2.52 |
| 5th Avenue Place Apartments | Studio | Studio ,1BA | $1.67 |
| Acqua Apartments - Student Affordable | Studio | Studio ,1BA | $2.31 |
| Fountain Place Apartments | Studio - 60% | Studio ,1BA | $2.06 |
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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Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleWaterfront, Portland, OR
Ranked #41
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 101 Apartments for Rent in Waterfront, OR with pricing that ranges from $649 to $17,991. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,399 to $7,500.
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 $1,399 to $7,500 with an average monthly rent of $3,032.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.