Apartments for Rent in the Waterfront Neighborhood of Portland, OR Under $1,500 (32 Rentals)

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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

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West Park Place
1 Bedroom Apartments

West Park Place

1415-1419 SW Park AvePortland, OR 97201
  • Utilities Included
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333 Oak
Studio Apartments

333 Oak

333 SW Oak StPortland, OR 97204
Senior Living
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Water Meade Apartments
Studio to 1 Bedroom Apartments

Water Meade Apartments

103 S Meade StPortland, OR 97201
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Whitney Gray
Studio Apartments

Whitney Gray

409 SW 12th AvePortland, OR 97205
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The Arthur
Studio Apartments

The Arthur

726 SW 11th AvePortland, OR 97205
Showing Results 1-32, Page 1 of 1

Waterfront, Portland, OR Local Guide

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.

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Getting Around the Waterfront Neighborhood in Portland, OR

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

92 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

92 / 100

Rider’s Paradise

World-class public transportation

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 Waterfront

How much are Studio apartments in Waterfront?

There are currently 57 Studio Apartments in Waterfront with rent ranges from $649 to $4,126 with an average price of $1,487.

What is the current price range for One Bedroom Waterfront Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Waterfront ranges from $1,095 to $5,461 with an average monthly rent of $2,008.

What does renting a Two Bedroom Apartment in Waterfront cost?

The monthly rent prices of Two Bedroom Apartments currently available in Waterfront range from $1,200 to $10,705. Today's average rental price for Two Bedrooms here is $3,098.

How expensive are Waterfront Three Bedroom Apartments?

There are currently 24 Three Bedroom Apartments listings available in Waterfront on ApartmentHomeLiving.com. The pricing ranges from $1,678 to $26,948 - averaging $6,714 for the location.

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.

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.

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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

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.