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. Unique to the immediate area are the new Tillikum Crossing, a pedestrian/public transit bridge providing access to the close-in east side, as well as convenient access to the Oregon Health and Sciences University (OHSU) Waterfront and Marquam Hill campuses.
Status: Special offer
Apartment building
Studio-3 beds
Pet-friendly
Covered parking
Available units
Price may not include required fees and charges. Price shown reflects the lease term provided for each unit.
 Unit 612 Studio, 1 ba | 573 | Now | $1,246 |
Unit 206 Studio, 1 ba | 571 | Now | $1,246 |
Unit 208 Studio, 1 ba | 571 | Now | $1,246 |
Unit 508 Studio, 1 ba | 571 | Now | $1,246 |
Unit 110 Studio, 1 ba | 565 | Now | $1,246 |
Unit 418 Studio, 1 ba | 510 | Now | $1,246 |
Unit 518 Studio, 1 ba | 510 | Now | $1,246 |
Unit 230 Studio, 1 ba | 504 | Now | $1,246 |
Unit 114 Studio, 1 ba | 478 | Now | $1,246 |
Unit 618 Studio, 1 ba | 452 | Now | $1,246 |
 Unit 336 1 bd, 1 ba | 690 | Now | $1,308 |
Unit 434 1 bd, 1 ba | 690 | Now | $1,308 |
Unit 624 1 bd, 1 ba | 666 | Now | $1,308 |
Unit 233 1 bd, 1 ba | 633 | Now | $1,308 |
Unit 335 1 bd, 1 ba | 630 | Now | $1,308 |
What's special
Playground
Play date, anyone?
A playground is a rare feature. Less than 3% of buildings in Portland have this amenity.
The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.
Office hours
| Day | Open hours |
|---|---|
| Mon - Sat: | 10 am - 5 pm |
| Sun: | Closed |
Facts, features & policies
Building Amenities
Outdoor common areas
- Barbecue: BBQ/Picnic Area
- Courtyard
- Playground
Security
- Doorman
Services & facilities
- Bicycle Storage: Bike Racks
- Elevator
- On-Site Management
Unit Features
Appliances
- Dishwasher
- Refrigerator
Cooling
- Air Conditioning: Air Conditioner
- Ceiling Fan
Internet/Satellite
- Building-Wide Wireless: Community Room With Kitchen And Free WiFi
Policies
Parking
- Covered Parking
- Garage - Waitlist Only
- Garage Lot
- Other
Pet essentials
Additional details
Dogs: Limit of two pets per home. | Restrictions: Breed restrictions apply.
Cats: Limit of two pets per home. | Restrictions: None
Special Features
- Efficient Appliances
- Near Transportation: Transportation
- Recycling
Neighborhood: Downtown
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
 / 100
Very WalkableTransit Score®
 / 100
Excellent TransitBike Score®
 / 100
Biker's ParadiseNearby schools in Portland
Ainsworth Elementary School
Grades K-5 • 1.3 miles9/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
8/10West Sylvan Middle School
Grades 6-8 • 4.3 miles6/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
4/10Lincoln High School
Grades 9-12 • 1.2 miles8/10
GreatSchools® Rating
Test Score Rating
10/10College Readiness Rating
6/10Living in Portland
Downtown Portland sits beside the Willamette River, with bridges linking its compact street grid to the east side and views toward the West Hills. Its climate brings wet, mild winters and drier summers. Pioneer Courthouse Square anchors the center, while Tom McCall Waterfront Park offers riverfront paths, lawns, and space for outdoor events. Portland Art Museum and the Portland’5 Centers for the Arts add cultural destinations, and nearby streets mix cafés, restaurants, shops, and nightlife. Streetcar and MAX light rail lines serve downtown, alongside frequent bus routes; walking and cycling are practical ways to get around. The Downtown neighborhood’s median rent is $1,615 per month, with a typical range of $795 to $7,150, based on 64 active listings.
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Frequently asked questions
Where is Waterleaf located, and what is the neighborhood like?
Waterleaf is located at 2065 SW River Pkwy in Downtown, Portland, OR. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Luc L.Ac. Vietnamese Kitchen, Water Avenue Coffee, and Coava Coffee Roasters Cafe.
What is the average rent in Portland, OR?
Based on the latest Zillow data, the median rent across all unit types in the Downtown neighborhood of Portland is currently $1,615 per month. Prices vary by neighborhood, floor plan, and building amenities.
What schools are assigned to Waterleaf?
The schools assigned to Waterleaf include Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.
What are the grocery stores and everyday shopping options near Waterleaf?
Waterleaf is located near 5 grocery stores, including Portland Farmer's Market at PSU (0.6 miles) and Portland Farmers Market at Shemanski Park (0.8 miles). Additional shopping options, including Guardian Games, are approximately 0.8 miles away.
What is the minimum and maximum rent for Waterleaf?
The total price for an apartment unit in Waterleaf ranges from $1,246 to $1,874. The total price will vary by floor plan, unit size, and unit amenities.
There are 4+ floor plans availableWith 51% more variety than properties in the area, you're sure to find a place that fits your lifestyle.
