Waterleaf
2065 S River Pky,
Portland,
OR
97201
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Monthly Rent
$999 - $1,773
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Bedrooms
Studio - 3 bd
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Bathrooms
1 - 2 ba
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Square Feet
450 - 1,331 sq ft
Waterleaf brings 178 affordable apartments to Portland's amenity-rich South Waterfront area. Consisting of studio, one-, two-, and three-bedroom apartments, the property is located directly next to the Portland Streetcar station and close to the MAX light rail. Walk score of 98, biker's paradise! All utilities covered except for electricity and cable/internet. We also have resident social services located on site! Section 8 and Housing-Choice Vouchers Accepted! We are a HUD regulated property with income MINIMUM and MAXIMUM limits. 2026 Household Gross Income Limits: 1 Person: 1.5x monthly rent (min.) - $49,560 (max) 2 People: 1.5x monthly rent (min.) - $59,580 (max) 3 People: 1.5x monthly rent (min.) - $67,020 (max) IMMEDIATE AVAILABILITY and NO APP FEES when you apply by 11/30/2024!
Highlights
- Bike-Friendly Area
- Waterfront
- Office
- Controlled Access
- Picnic Area
- Elevator
- Property Manager on Site
Pricing & Floor Plans
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
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One-Time Basics
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Application Fee Per Applicant$36
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Dogs
20 lbs. Weight Limit
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Cats
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Allowed
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Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Utilities Included
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Water
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Trash Removal
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Sewer
Property Information
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Built in 2023
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176 units/6 stories
Matterport 3D Tours
About Waterleaf
Waterleaf brings 178 affordable apartments to Portland's amenity-rich South Waterfront area. Consisting of studio, one-, two-, and three-bedroom apartments, the property is located directly next to the Portland Streetcar station and close to the MAX light rail. Walk score of 98, biker's paradise! All utilities covered except for electricity and cable/internet. We also have resident social services located on site! Section 8 and Housing-Choice Vouchers Accepted! We are a HUD regulated property with income MINIMUM and MAXIMUM limits. 2026 Household Gross Income Limits: 1 Person: 1.5x monthly rent (min.) - $49,560 (max) 2 People: 1.5x monthly rent (min.) - $59,580 (max) 3 People: 1.5x monthly rent (min.) - $67,020 (max) IMMEDIATE AVAILABILITY and NO APP FEES when you apply by 11/30/2024!
Waterleaf is an apartment community located in Multnomah County and the 97201 ZIP Code. This area is served by the Portland School District 1j attendance zone.
Unique Features
- *Parking- Based On Availability
- Waterfront, Affordable
Contact
Community Amenities
Laundry Facilities
Elevator
Concierge
Playground
- Package Service
- Laundry Facilities
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Concierge
- 24 Hour Access
- Online Services
- Elevator
- Clubhouse
- Lounge
- Multi Use Room
- Playground
- Bicycle Storage
- Courtyard
- Picnic Area
- Waterfront
Apartment Features
Air Conditioning
Dishwasher
High Speed Internet Access
Granite Countertops
Microwave
Refrigerator
Tub/Shower
Disposal
Indoor Features
- High Speed Internet Access
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Cable Ready
- Tub/Shower
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Granite Countertops
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Details
- Carpet
- Vinyl Flooring
- Dining Room
- Family Room
- Office
- Window Coverings
Income Restrictions
How To Qualify
- Package Service
- Laundry Facilities
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Concierge
- 24 Hour Access
- Online Services
- Elevator
- Clubhouse
- Lounge
- Multi Use Room
- Courtyard
- Picnic Area
- Waterfront
- Playground
- Bicycle Storage
- *Parking- Based On Availability
- Waterfront, Affordable
- High Speed Internet Access
- Air Conditioning
- Heating
- Ceiling Fans
- Smoke Free
- Cable Ready
- Tub/Shower
- Dishwasher
- Disposal
- Granite Countertops
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Carpet
- Vinyl Flooring
- Dining Room
- Family Room
- Office
- Window Coverings
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | Closed |
| Sunday | Closed |
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.
Learn more about living in Waterfront| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 12 min | 0.6 mi | |
| Drive: | 4 min | 1.2 mi | |
| Drive: | 6 min | 2.0 mi | |
| Drive: | 7 min | 2.8 mi |
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 © 2025. All rights reserved.
Transportation options available in Portland include Sw River Pkwy & Moody, located 0.0 mile from Waterleaf. Waterleaf is near Portland International, located 13.2 miles or 24 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
|
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Walk: | 2 min | 0.0 mi |
|
|
Walk: | 4 min | 0.2 mi |
| Walk: | 5 min | 0.3 mi | |
|
|
Walk: | 6 min | 0.3 mi |
| Walk: | 7 min | 0.4 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
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Drive: | 8 min | 1.9 mi |
|
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Drive: | 16 min | 8.7 mi |
|
|
Drive: | 17 min | 9.0 mi |
|
|
Drive: | 17 min | 10.5 mi |
|
|
Drive: | 20 min | 11.0 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Portland International
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Drive: | 24 min | 13.2 mi |
Time and distance from Waterleaf.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 6 min | 0.3 mi | |
| Walk: | 18 min | 0.9 mi | |
| Drive: | 6 min | 2.6 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Oregon Maritime Center and Museum
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Walk: | 7 min | 0.4 mi |
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Lair Hill Park
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Walk: | 13 min | 0.7 mi |
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Director Park
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Drive: | 4 min | 1.3 mi |
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Friends of the Columbia River Gorge
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Drive: | 5 min | 1.3 mi |
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OMSI
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Drive: | 5 min | 1.6 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 6 min | 1.9 mi | |
| Drive: | 7 min | 2.1 mi | |
| Drive: | 9 min | 3.2 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 21 min | 11.1 mi | |
| Drive: | 46 min | 26.5 mi |
Waterleaf Photos
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Waterleaf
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1BR, 1BA - 768SF
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Studio - 450-573SF
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Studio - 450-573SF
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Studio - 450-573SF
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1BR, 1BA - 630-768SF
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1BR, 1BA - 630-768SF
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1BR, 1BA - 630-768SF
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1BR, 1BA - 630-768SF
Nearby Apartments
Within 50 Miles of Waterleaf
While Waterleaf does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
Select utilities are included in rent at Waterleaf, including water, trash removal, and sewer. Residents are responsible for any other utilities not listed.
Waterleaf has studios to three-bedrooms with rent ranges from $999/mo. to $1,773/mo.
Yes, Waterleaf welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $999 for a studio, you would need to earn about $36,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
Waterleaf is offering Specials for eligible applicants, with rental rates starting at $999.
Yes! Waterleaf offers 8 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
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
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