Willamette Tower
3820 S River Pky,
Portland, OR 97267
$1,896 - $9,214 | 1-3 Beds
South Waterfront
Portland, OR
South Waterfront - Portland, OR
Area Guide
High rises and higher education thrive along the Willamette River
Universities
•
Riverfront
•
Urban
•
Parks
•
Up-and-Coming
•
Portland’s South Waterfront is an up-and-coming neighborhood overlooking the Willamette River just moments from Downtown. Boasting high rise buildings and Oregon Health & Science University, the South Waterfront is a thriving riverfront destination for renters with proximity to other intellectual hubs such as Portland State University. Enjoy the perk of having a tramway, the South Waterfront Tram Terminal, for a quick ride above downtown with panoramic city views, along with the convenient proximity to Interstate 5 for commuting purposes.
South Waterfront is in the heart of Portland, so it’s great for renters looking to live in the inner city. Ross Island Bridge, a car-free bridge, is a beautiful site to see after dusk, and there are numerous community parks in this urban area. Elizabeth Caruthers Park is a beautiful green space offering bocce courts, a splash pad, local art, and scenic pathways. And for beautiful riverfront views along walking and biking trails, be sure to visit the South Waterfront Greenway!
Rent Trends
As of January 2025, the average apartment rent in South Waterfront is $1,487 for a studio, $1,912 for one bedroom, $3,189 for two bedrooms, and $5,278 for three bedrooms. Apartment rent in South Waterfront has decreased by -2.1% in the past year.
-
Studio
-
566 sq ft
Average Sq Ft
-
$1,487/month
Average Rent
-
1 BR
-
744 sq ft
Average Sq Ft
-
$1,912/month
Average Rent
-
2 BR
-
1,190 sq ft
Average Sq Ft
-
$3,189/month
Average Rent
-
3 BR
-
1,704 sq ft
Average Sq Ft
-
$5,278/month
Average Rent
Transportation
83
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
75
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
96
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- Lair Hill Park
- OMSI
- Oregon Maritime Center and Museum
- Marquam Nature Park
- Governor's Park
Airports
- Portland International
Top Apartments in South Waterfront
Houses for Rent in South Waterfront
Property Management Companies
Greystar
-
3,234
Communities
-
893,602
Units
-
829
Cities
Willow Bridge
-
680
Communities
-
185,424
Units
-
311
Cities
AMC
-
678
Communities
-
131,355
Units
-
267
Cities
RPM
-
633
Communities
-
166,339
Units
-
235
Cities
FPI Management
-
607
Communities
-
104,369
Units
-
217
Cities
Cushman & Wakefield
-
568
Communities
-
138,638
Units
-
289
Cities