Favorites
971-255-5121
-
Monthly Rent
$480 - $1,785
-
Bedrooms
Studio - 3 bd
-
Bathrooms
1 - 2 ba
-
Square Feet
430 - 1,331 sq ft
Waterleaf
Favorites
Highlights
- Waterfront
- Doorman
- Picnic Area
- Elevator
- Grill
- Property Manager on Site
Pricing & Floor Plans
filter results by bedrooms
Studio
$480 – $1,156
Studio
1 Bath
430 – 573 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 308price $1,156square feet 571availibility Now
-
Unit 208price $1,156square feet 571availibility Now
-
Unit 206price $1,156square feet 571availibility Now
1 Bedroom 1 Bath
$1,130 – $1,785
1 Bed
1 Bath
630 – 690 Sq Ft
15 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 605price $1,218square feet 630availibility Now
-
Unit 537price $1,218square feet 630availibility Now
-
Unit 536price $1,218square feet 630availibility Now
2 Bedroom 1 Bath
$1,281 – $1,458
2 Beds
1 Bath
1,014 – 1,092 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 122price $1,281square feet 1,014availibility Now
-
Unit 626price $1,458square feet 1,077availibility Now
-
Unit 440price $1,458square feet 1,059availibility Now
3 Bedroom 2 Bath
$1,678
3 Beds
2 Baths
1,172 – 1,331 Sq Ft
4 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 602price $1,678square feet 1,331availibility Now
-
Unit 439price $1,678square feet 1,174availibility Now
-
Unit 402price $1,678square feet 1,331availibility Now
Studio
$480 – $1,156
Studio
1 Bath
430 – 573 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 308price $1,156square feet 571availibility Now
-
Unit 208price $1,156square feet 571availibility Now
-
Unit 206price $1,156square feet 571availibility Now
1 Bedroom 1 Bath
$1,130 – $1,785
1 Bed
1 Bath
630 – 690 Sq Ft
15 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 605price $1,218square feet 630availibility Now
-
Unit 537price $1,218square feet 630availibility Now
-
Unit 536price $1,218square feet 630availibility Now
2 Bedroom 1 Bath
$1,281 – $1,458
2 Beds
1 Bath
1,014 – 1,092 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 122price $1,281square feet 1,014availibility Now
-
Unit 626price $1,458square feet 1,077availibility Now
-
Unit 440price $1,458square feet 1,059availibility Now
3 Bedroom 2 Bath
$1,678
3 Beds
2 Baths
1,172 – 1,331 Sq Ft
4 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 602price $1,678square feet 1,331availibility Now
-
Unit 439price $1,678square feet 1,174availibility Now
-
Unit 402price $1,678square feet 1,331availibility Now
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details.
Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
-
One-Time Basics
-
Due at Application
-
Application Fee Per ApplicantCharged per applicant.$36
-
-
Due at Application
-
Dogs
-
Dog DepositCharged per pet.$300
20 lbs. Weight LimitRestrictions:Breed restrictions apply.Read More Read LessComments -
-
Cats
-
Cat DepositCharged per pet.$300
20 lbs. Weight LimitRestrictions:Comments -
-
Other
-
Deposit
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
Property Information
-
Built in 2023
-
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
- Air Conditioner
- BBQ/Picnic Area
- Bike Racks
- Ceiling Fan
- Community Room with Kitchen and Free WiFi
- Efficient Appliances
Community Amenities
Laundry Facilities
Elevator
Doorman
Playground
- Laundry Facilities
- Property Manager on Site
- Doorman
- Recycling
- Public Transportation
- Elevator
- Playground
- Courtyard
- Grill
- Picnic Area
- Waterfront
Apartment Features
Air Conditioning
Dishwasher
Refrigerator
Wi-Fi
- Wi-Fi
- Air Conditioning
- Ceiling Fans
- Dishwasher
- Kitchen
- Refrigerator
Income Restrictions
Income restrictions apply to some or all residents. Contact the community for more information.
How To Qualify
Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.
# Persons
60 % Income Limit
30 % Income Limit
1
$49,560
$24,780
2
$59,580
$29,790
3
$67,020
$33,510
4
$74,460
$37,230
5
$80,460
$40,230
6
$86,400
$43,200
2065 S River Pky,
Portland,
OR
97201
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
Average Prices by Area
Compare neighborhood and city base rent averages by bedroom.
| Waterfront | Portland, OR | |
|---|---|---|
| Studio | $1,391 | $1,252 |
| 1 Bedroom | $1,660 | $1,521 |
| 2 Bedrooms | $2,373 | $1,813 |
| 3 Bedrooms | $3,469 | $2,100 |
Amenities
- Laundry Facilities
- Property Manager on Site
- Doorman
- Recycling
- Public Transportation
- Elevator
- Courtyard
- Grill
- Picnic Area
- Waterfront
- Playground
- Air Conditioner
- BBQ/Picnic Area
- Bike Racks
- Ceiling Fan
- Community Room with Kitchen and Free WiFi
- Efficient Appliances
- Wi-Fi
- Air Conditioning
- Ceiling Fans
- Dishwasher
- Kitchen
- Refrigerator
Expenses
One-Time
Cat Deposit
$300
Dog Deposit
$300
Office Hours
971-255-5121
| Monday | 8am - 5pm |
|---|---|
| Tuesday | 8am - 5pm |
| Wednesday | 8am - 5pm |
| Thursday | 8am - 5pm |
| Friday | 8am - 5pm |
| Saturday | Closed |
| Sunday | 8am - 5pm |
Education
| 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 |
Waterleaf is within 12 minutes or 0.6 mile from Oregon Health & Sci Waterfront. It is also near Portland State University and Oregon Health & Science Univ..
Schools
Public Elementary & Middle School
Grades PK-8
610 Students
Nearby
Public High School
Grades 9-12
1,525 Students
Attendance Zone
Private Elementary School
Grades PK-5
398 Students
Nearby
Private High School
Grades 9-12
370 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 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 | ||
|
|
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 | ||
|
|
Drive: | 8 min | 1.9 mi |
|
|
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
|
Drive: | 24 min | 13.2 mi |
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
Moderately Walkable
Walkability
70
/ 100
Strong Public Transit
Transit
80
/ 100
Very Drivable
Drivability
80
/ 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™
68
/ 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 Waterleaf.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 6 min | 0.3 mi | |
| Walk: | 18 min | 0.9 mi | |
| Drive: | 6 min | 2.1 mi |
Waterleaf has 3 shopping centers within 2.1 miles, which is about a 6-minute drive. The miles and minutes will be for the farthest away property.
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Oregon Maritime Center and Museum
|
Walk: | 7 min | 0.4 mi |
|
Lair Hill Park
|
Walk: | 13 min | 0.7 mi |
|
Director Park
|
Drive: | 4 min | 1.3 mi |
|
Friends of the Columbia River Gorge
|
Drive: | 5 min | 1.3 mi |
|
OMSI
|
Drive: | 5 min | 1.6 mi |
Waterleaf has 5 parks within 1.6 miles, including Oregon Maritime Center and Museum, Lair Hill Park, and OMSI.
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 6 min | 1.9 mi | |
| Drive: | 7 min | 2.1 mi | |
| Drive: | 9 min | 3.2 mi |
Waterleaf has 3 hospitals within 3.2 miles, the nearest is Shriners Hospital for Children - Portland which is 1.9 miles away and a 6 minute drive.
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 21 min | 11.1 mi | |
| Drive: | 21 min | 11.3 mi | |
| Drive: | 46 min | 26.5 mi |
Waterleaf has 3 military bases within 26.5 miles, the nearest is Portland Airport Air Guard Station which is 11.1 miles away and a 21 minute drive.
Waterleaf Photos
-
Waterleaf
-
1BR, 1BA - 768SF
-
-
-
-
Lobby
-
Elevator Access
-
Secure Mail Delivery
-
Community Room
Models
-
Studio
-
Studio
-
Studio
-
Studio
-
Studio
-
Studio
Nearby Apartments
Within 50 Miles of Waterleaf
-
The Vera
2045 SW River Pky
Portland, OR 97201
$1,056 - $1,458
1-3 Br 0.0 mi
-
Ramona Apartments
1550 NW 14th Ave
Portland, OR 97209
Call for Rent
1-3 Br 2.0 mi
-
The Abigail
1650 NW 13th Ave
Portland, OR 97209
$1,750 - $2,750
1-3 Br 2.0 mi
-
Bethany Meadows
16145 NW Spartan Way
Portland, OR 97229
$1,150 - $1,625
1-2 Br 8.9 mi
-
Altura
12495 SW 172nd Ter
Beaverton, OR 97007
Call for Rent
1-3 Br 10.2 mi
Does Waterleaf have in-unit laundry?
While Waterleaf does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
What utilities are included in rent at Waterleaf?
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Is parking available at Waterleaf?
Parking is available at Waterleaf. Contact this property for details.
Which floor plans are available, and what are the price ranges?
Waterleaf has studios to three-bedrooms with rent ranges from $480/mo. to $1,785/mo.
Is Waterleaf pet-friendly?
Yes, Waterleaf welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
How much income do I need to rent at Waterleaf?
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 $480 for a studio, you would need to earn about $19,200 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Does Waterleaf have move-in specials?
Waterleaf is offering Specials for eligible applicants, with rental rates starting at $480.
Does Waterleaf offer Matterport 3D tours?
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.
2065 S River Pky
Portland, OR 97201