111 SW Harrison St, Unit 5C
111 SW Harrison St
PortlandOR97201
Cheap Homes for Rent in Waterfront Neighborhood of Portland, OR from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront area of Portland.
2803 SW 1st Ave
PortlandOR97201
255 SW Harrison St
PortlandOR97201
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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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 | $4,212 | $2,300 | $5,250 |
| Waterfront 3 Bedroom Homes for Rent | $3,122 | $2,845 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 March 23, 2025 the best value apartment in the Waterfront area is the $2.30 price per square foot 3x1 Pettygrove Model at The Douglas in the in the Southwest Portland neighborhood starting from $3,150. The second greatest value Waterfront apartment is the Two Bedroom Model at Gallery Park Apartments starting at $1,799 with a $1.50 price per square foot in the Northwest 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 Douglas | 3x1 Pettygrove | 3BR,1BA | $2.30 |
| Gallery Park Apartments | Two Bedroom | 2BR,2BA | $1.50 |
| Harrison Tower Apartment Homes | Residence 3 Penthouse | 1BR,1BA | $2.34 |
| linc245 Apartments | 1x1 670 sq. ft. Columbia | 1BR,1BA | $2.40 |
| Whitney Gray | Studio C | Studio ,1BA | $2.12 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.08 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1.83 |
| Waterleaf | Studio-60% | Studio ,1BA | $2.02 |
| West Park Place | 1/1 A | 1BR,1BA | $2.65 |
| Modern Rich Apartments | 0BR/1.0BA | Studio ,1BA | $2.16 |
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Frequently Asked Questions about Waterfront
What type of rentals are currently available in Waterfront?
There are currently 98 Apartments for Rent in Waterfront, OR with pricing that ranges from $649 to $26,948. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,300 to $5,250.
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 $1,300 to $5,250 with an average monthly rent of $3,033.
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.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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.