Waterfront

Portland, OR

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Waterfront - Portland, OR

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Riverside living in the heart of Portland

Riverside Active Scenic Convenient Urban

Nestled alongside the Willamette River, Portland’s Waterfront neighborhood stretches from the intersection of I-5 and I-405 in the south to Old Town Chinatown in the north. Situated just east of Downtown Portland, the Waterfront provides a peaceful reprieve from the bustle of city life without sacrificing access to metropolitan amenities.

The neighborhood is home to Tom McCall Waterfront Park, a 30-acre park boasting a scenic walking and biking path, numerous fountains, and lush landscaping. Waterfront also hosts the popular Portland Saturday Market, where patrons enjoy an array of arts and crafts in an open-air environment.

Waterfront residents delight in close proximity to countless eateries, cafes, markets, and shops. The neighborhood’s central location is a major draw for many residents, touting easy access to Portland State University and all that downtown has to offer.

Rent Trends

As of December 2024, the average apartment rent in Waterfront is $1,459 for a studio, $1,708 for one bedroom, $2,485 for two bedrooms, and $3,882 for three bedrooms. Apartment rent in Waterfront has decreased by -1.6% in the past year.

  • Studio

  • 488 sq ft

    Average Sq Ft

  • $1,459/month

    Average Rent

  • 1 BR

  • 685 sq ft

    Average Sq Ft

  • $1,708/month

    Average Rent

  • 2 BR

  • 999 sq ft

    Average Sq Ft

  • $2,485/month

    Average Rent

  • 3 BR

  • 1,311 sq ft

    Average Sq Ft

  • $3,882/month

    Average Rent

Transportation

96

Walker's Paradise

out of 100 WalkScore® Rating

Lace up your walking shoes because this area is considered a walker’s paradise.

92

Rider's Paradise

out of 100 TransitScore® Rating

Living in this area is considered a rider’s paradise, with world-class transportation.

92

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.

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