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Apartments for Rent in South Waterfont, Portland, OR

157 Rentals Available
  • a living room with a table and chairs and a kitchen
    20
    Today

    3833 S. Bond Avenue, Portland, OR 97239
    STUDIO $1,239+
    1 BED $1,394+
    2 BEDS $2,170+
  • a living room filled with furniture and a television
    9
    Today

    3535 S Corbett Ave, Portland, OR 97239
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS $1,824+
  • A blue striped armchair sits in a living room with a table in front of it.
    20
    Today

    2615 S Water Avenue, Portland, OR 97201
    STUDIO $1,005
    1 BED Ask for Pricing
    2 BEDS $1,264
  • a gray house with a deck and an umbrella
    Today

    4125 South Corbett Avenue, Portland, OR 97239
    2 BEDS $1,695+
  • a living room with a glass table and a couch
    Today

    650 S Lowell Street, Portland, OR 97239
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
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  • A white kitchen with a stove and oven.
    Today

    425 Southwest Sheridan Street, Portland, OR 97201
    3 BEDS $2,490
  • a bedroom with a bed and a living room with a table and chairs
    481
    Today

    2065 S River Parkway, Portland, OR 97201
    Income Restricted
    STUDIO $480+
    1 BED $1,218+
    2 BEDS $1,281+
  • an empty kitchen with a large window overlooking a city
    499
    Today

    2045 S River Parkway, Portland, OR 97201
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • A kitchen with a stainless steel refrigerator and black cabinets.
    Today

    4644 South Kelly Avenue, Portland, OR 97239
    3 BEDS $3,840
  • a living room with a couch and a ceiling fan
    48
    Today

    1811 S. River Drive, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,519+
    2 BEDS $2,198+
  • a living room with a couch and a large window
    110
    Today

    245 SW Lincoln St, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,440+
    2 BEDS $2,110+
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  • a living room with a couch and a large window
    81
    Today

    245 SW Lincoln Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,270+
    2 BEDS $1,680+
  • a living room with a couch and a coffee table and a balcony
    94
    Today

    301 SW Lincoln St., Portland, OR 97201
    1 BED $1,360+
    2 BEDS $1,730+
  • A living room with a large couch and a coffee table.
    Today

    4949 S Landing Dr, Portland, OR 97239
    1 BED $1,480+
    2 BEDS $2,228+
  • a living room with a couch and a table
    37
    Today

    3440 SW US Veterans Hospital Road, Portland, OR 97239
    STUDIO $1,275
    1 BED $1,494+
  • A kitchen with a dining table and chairs.
    Today

    255 SW Harrison St, Portland, OR 97201
    1 BED $1,399
  • A living room with a grey couch, a plant, a fireplace, and a painting on the wall.
    Today

    614 SW Jackson Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
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  • a living room and dining area with a couch and a table
    15
    Today

    3158 SW 12Th Ave, Portland, OR 97239
    STUDIO $1,175
    1 BED $1,755
    2 BEDS $2,795
  • a living room with a gray couch and a white coffee table
    75
    Today

    1720 SW 4Th Avenue, Portland, OR 97201
    STUDIO $1,392+
    1 BED $1,517+
    2 BEDS $1,802+
  • A white microwave oven is mounted above a black stove in a kitchen.
    Today

    1129 SW Gaines St, Portland, OR 97239
    2 BEDS $1,850+
  • A spacious living room with a grey carpet and a ceiling fan.
    Today

    5132 SW Slavin Rd, Portland, OR 97239
    STUDIO $1,200+
    1 BED $1,225
    2 BEDS $1,375+
  • a living room with a couch and a table
    24
    Today

    444 S Boundary Street, Portland, OR 97239
    STUDIO $1,460
    1 BED $1,499
    2 BEDS Ask for Pricing
  • a piano in a living room with couches and chairs
    6
    Today

    140 SW Columbia Street, Portland, OR 97201
    STUDIO $1,503+
    1 BED $1,599+
    2 BEDS $2,543+
  • a dining room with tables and chairs
    Today

    3911 SE Milwaukie, Portland, OR 97202
    Income Restricted
    STUDIO $949+
    1 BED $997
    2 BEDS $1,098
  • A grey couch with a yellow pillow is in the middle of a grey rug in a living room.
    14
    Today

    4225 SE Milwaukie Ave, Portland, OR 97202
    STUDIO $1,049+
    1 BED $1,435+
    2 BEDS $2,100+
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South Waterfont, Portland, OR rent trends

Rental prices in South Waterfont, Portland, OR have decreased by 0.63% over the past year. The average rent moved from $2,045 to $2,032.

Check out the average rent in Portland.

The national average price of rental apartments is $1,743, while the average monthly rent in South Waterfont, Portland, OR is $2,032.

Average rent in South Waterfont, Portland, OR

$2,032/mo South Waterfont, Portland, OR average rental price, October 2025
Image Average Rent

The average monthly rent for an apartment in South Waterfont, Portland, OR is around $2,032.

    What's the typical rent budget in South Waterfont, Portland, OR?

    A share of 13% of apartments in South Waterfont, Portland, OR have the cheapest rents between $1,001-$1,500. Around 11% of rentals are $2,501-$3,000. Around 47% of South Waterfont's apartments have monthly rents between $1,501-$2,000. There are 23% of apartments with rents between $2,001-$2,500. A share of 6% of apartment rentals in Portland are in the > $3,000 range.

    The largest share of rentals in South Waterfont, Portland, OR (47%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in South Waterfont, OR

    87 /100
    Very Walkable
    75 /100
    Excellent Transit
    95 /100
    Biker's Paradise
    Walk Score®: 87, Transit Score®: 75, Bike Score®: 95

    Frequently asked questions

    When were prices and availability in South Waterfont, Portland, OR last updated?

    Prices and availability in South Waterfont, Portland, OR were last updated on 18 Nov 2025.

    What are the best apartments in South Waterfont, Portland, OR?

    The best apartments in South Waterfont, Portland, OR are: Ella, La Stella Apartments, Acqua Apartments - Student Affordable, 4125 South Corbett Avenue and Grays Landing.

    What is the average rent in South Waterfont, Portland, OR?

    The average rent in South Waterfont, Portland, OR is $1,810.

    What is the price range for a studio apartment in South Waterfont, Portland, OR?

    The price range for a studio apartment in South Waterfont, Portland, OR is between $1,005 and $4,128.

    What is the price range for a 1-bedroom apartment in South Waterfont, Portland, OR?

    The price range for a 1-bedroom apartment in South Waterfont, Portland, OR is between $1,005 and $4,510.

    What is the price range for a 2-bedroom apartment in South Waterfont, Portland, OR?

    The price range for a 2-bedroom apartment in South Waterfont, Portland, OR is between $1,264 and $10,000.

    What is the price range for a 3-bedroom apartment in South Waterfont, Portland, OR?

    The price range for a 3-bedroom apartment in South Waterfont, Portland, OR is between $1,005 and $2,490.

    What type of rental buildings are in South Waterfont, Portland, OR?

    In South Waterfont 64% of the housing is rented out compared to 36% of homes are owned, according to the most recent Census Bureau estimates. 58% of South Waterfont’s apartments are found in large buildings of 50 units or more, 34% are located in smaller apartment complexes with less than 50 units, and 7% are single-family rentals.

    South Waterfont, Portland, OR demographics

    • 4,251Total Population
    • 2,198 Female
      2,053 Male
    • 36Median Age

    In total, South Waterfont, Portland, OR has 4,251 residents, 2,198 women and 2,053 men, per U.S. Census recent estimates. Statistics show that the median age of South Waterfont’s population is 36.

    South Waterfont, Portland, OR households

    • 778 Family
      1,511 Non-family
    • 287 Children
      2,003 No Children
    • 2,290Total Number of Households
    • 0.95Average People Per Household
    • $87,934Median Household Income

    There is a total of 2,290 households in South Waterfont, Portland, OR. Of these, 287 have children and 2,003 are without children. Per Census Bureau’s most current estimates, 778 family households and 1,511 non-family households live in this area. The size of a household in South Waterfont is 0.95 people, on average. The median household annual income in South Waterfont equals $87,934, and the monthly housing costs equal $1,820.

    South Waterfont, Portland, OR education statistics

    According to data from the U.S. Census Bureau, 2% of the population in South Waterfont, Portland, OR have no high school education, 11% went to high-school, and 21% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 32% hold a Bachelor Degree, and 29% hold a Graduate Degree.

    RentCafe is your one-stop shop for finding a great new apartment in South Waterfont, Portland, OR. Easily search through a wide selection of apartments for rent in South Waterfont, Portland, OR, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse South Waterfont, Portland, OR apartments with rents starting from $480 and submit your rental application today!

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!