Cheap 1 Bedroom Apartments for Rent in the South Waterfront Neighborhood of Portland, OR from $1,218 (14 Rentals)

The Douglas

The Matisse

The Emery

The Dylan

The Olivia

Griffis South Waterfront

Willamette Tower
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
South Waterfront, Portland, OR Local Guide

How much does it cost to rent an apartment in South Waterfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Waterfront Studio Apartments | $1,598 | $1,156 | $4,703 |
South Waterfront 1 Bedroom Apartments | $1,972 | $1,218 | $5,904 |
South Waterfront 2 Bedroom Apartments | $3,913 | $1,458 | $9,214 |
South Waterfront 3 Bedroom Apartments | $4,397 | $1,678 | $7,270 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the South Waterfront Neighborhood of Portland, OR.
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South Waterfront, Portland, OR Local Guide
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Getting Around the South Waterfront Neighborhood in Portland, OR
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
96 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
75 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap South Waterfront Apartments
What is a cheap apartment in South Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Waterfront is under $1,556.
What is the price of a cheap apartment in South Waterfront?
The cheapest apartment in South Waterfront is Waterleaf which is listed at $1,218, while the average apartment in South Waterfront costs $4,045.
What types of apartments are the cheapest in South 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 56 regular apartments in South 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 South Waterfront?
Cheap apartments in South Waterfront have an average cost of $419 which is $3,626 cheaper than the average rent for all rentals in South Waterfront.
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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
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If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.