Millhouse
1985-1988 NW Savier St,
Portland, OR 97209
$1,444 - $4,215 Total Monthly Price
Studio - 2 Beds
The Waterford Apartments
3745 SW Water Ave,
Portland,
OR
97239
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The Waterford Apartments
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About The Waterford Apartments
The Waterford Apartments offers a blend of style, comfort, and livability. The 3745 SW Water Ave location in the South Portland neighborhood of Portland is convenient to everything. Select from 1 to 2 bedroom apartments. The leasing staff is ready to show off our wonderful community. Start living the good life at The Waterford Apartments. Contact us or stop in to see available floor plans.
The Waterford Apartments is an apartment community located in Multnomah County and the 97239 ZIP Code. This area is served by the Portland School District 1j attendance zone.
3745 SW Water Ave,
Portland,
OR
97239
South Portland blends the charming homes in the suburbs of Southwest Portland with the trendy storefronts and upscale apartments of Downtown Portland. This area contains the South Waterfront, a growing, multi-use neighborhood with high-rise apartments, an extension of the OHSU campus, and top-notch restaurants. Tourists are familiar with South Portland for being home to the city’s most alluring vista, the OHSU tram. The Ariel Tram starts at river’s edge by the South Waterfront, passes over the neighborhood and Interstate 5 up to the top of Marquam Hill. South Portland offers beautiful views of the Williamette River and easy access to Marquam Nature Park, Portland State University, and downtown.
Learn more about living in South Portland
Average Prices by Area
Compare neighborhood and city base rent averages by bedroom.
| South Portland | Portland, OR | |
|---|---|---|
| Studio | $1,151 | $1,246 |
| 1 Bedroom | $1,451 | $1,521 |
| 2 Bedrooms | $1,988 | $1,810 |
| 3 Bedrooms | $2,012 | $2,107 |
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 10 min | 0.5 mi | |
| Walk: | 16 min | 0.8 mi | |
| Drive: | 3 min | 1.3 mi | |
| Drive: | 7 min | 2.9 mi |
The Waterford Apartments is within 10 minutes or 0.5 mile from Oregon Health & Sci Waterfront. It is also near Oregon Health & Science Univ. and Portland State University.
Schools
Public Elementary School
Grades K-5
333 Students
Attendance Zone
Public Elementary School
Grades PK-5
539 Students
Nearby
Public Middle School
Grades 6-8
791 Students
Attendance Zone
Public High School
Grades 9-12
1,556 Students
Attendance Zone
Private Elementary, Middle & High School
Grades K-12
63 Students
Nearby
Private Elementary & Middle School
Grades PK-8
259 Students
Nearby
Private Elementary School
Grades PK-5
14 Students
Nearby
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Portland include Sw Lowell & Bond, located 0.5 mile from The Waterford Apartments. The Waterford Apartments is near Portland International, located 14.1 miles or 24 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
|
|
Walk: | 10 min | 0.5 mi |
|
|
Walk: | 11 min | 0.6 mi |
|
|
Walk: | 12 min | 0.7 mi |
|
|
Walk: | 13 min | 0.7 mi |
| Drive: | 3 min | 1.2 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 8 min | 3.1 mi |
|
|
Drive: | 15 min | 8.2 mi |
|
|
Drive: | 15 min | 8.8 mi |
|
|
Drive: | 16 min | 9.4 mi |
|
|
Drive: | 16 min | 10.9 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Portland International
|
Drive: | 24 min | 14.1 mi |
Walkability Near The Waterford Apartments
Getting Around
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Very Walkable
Walkability
80
/ 100
Good Public Transit
Transit
70
/ 100
Moderately Drivable
Drivability
60
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Active
Soundscore™
69
/ 100
Traffic
BusyAirport
CalmBusinesses
ActiveScores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksTime and distance from The Waterford Apartments.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Drive: | 3 min | 1.1 mi | |
| Drive: | 3 min | 1.4 mi | |
| Drive: | 4 min | 1.7 mi |
The Waterford Apartments has 3 shopping centers within 1.7 miles, which is about a 4-minute drive. The miles and minutes will be for the farthest away property.
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Lair Hill Park
|
Walk: | 12 min | 0.6 mi |
|
Oregon Maritime Center and Museum
|
Drive: | 4 min | 1.6 mi |
|
Marquam Nature Park
|
Drive: | 6 min | 1.6 mi |
|
OMSI
|
Drive: | 7 min | 2.5 mi |
|
Governor's Park
|
Drive: | 7 min | 2.5 mi |
The Waterford Apartments has 5 parks within 2.5 miles, including Lair Hill Park, Marquam Nature Park, and Oregon Maritime Center and Museum.
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 4 min | 1.2 mi | |
| Drive: | 4 min | 1.3 mi | |
| Drive: | 8 min | 3.4 mi |
The Waterford Apartments has 3 hospitals within 3.4 miles, the nearest is OHSU Hospital and Clinics which is 1.2 miles away and a 4 minute drive.
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 21 min | 11.2 mi | |
| Drive: | 45 min | 26.6 mi |
The Waterford Apartments is 11.2 miles from Portland Airport Air Guard Station, and is convenient to other military bases, including Camp Bonneville Military Reservation.
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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.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
3745 SW Water Ave
Portland, OR 97239