Apartment for rent

5+ Days Ago

2065 South River Parkway
2065 South River Parkway, Portland, Oregon 97201, United States

Monthly rent	$1,773
Beds	3
Baths	2
Sqft	1,330

Monthly rent	$1,773
Beds	3
Baths	2
Sqft	1,330

5+ Days Ago

Location

2065 South River Parkway, Portland, Oregon 97201, United States|Downtown Portland

Tour 2065 South River Parkway

Contact

Waterleaf Apartments

(503) 208-2086

Property Overview

The waterfront location offers stunning views and a tranquil environment, making it a desirable retreat. Great for outdoor enthusiasts and those seeking a vibrant community, this area provides easy access to recreational activities and local amenities. Additionally, the property benefits from proximity to various services and attractions, enhancing the overall living experience.

Things you’ll love

Less expensive
High school nearby
Middle school nearby

Great for

Work-from-home
Eco living
Social life

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

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Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms	12+ months

About 2065 South River Parkway

Home

Apartments in Portland

Downtown Portland

2065 South River Parkway, Portland, Oregon 97201, United States

Sweet deal!

This listing is 69% below the median price for 3 bedroom apartments in Downtown Portland.

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! Unique to the immediate area: 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. 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) **As a HUD property, our move-in process is more involved and can take up to a month to complete; please consider this fact when planning your application** At minimum the information we require will include: -All sources of income and verifications for each -All assets and verifications for each -Student status IMMEDIATE AVAILABILITY and NO APP FEES

Property highlights

How 2065 South River Parkway compares to other nearby properties.

Positives

Less expensive: Some rentals at this address are cheaper than similar listings nearby
High school nearby: There is a high school 0.2 mile away
Middle school nearby: There is a middle school 2 miles away

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 1 mile away
No in-unit dishwasher: Dishwashers aren't available
Pet restrictions: Pets aren't allowed at this location.

Address details

Neighborhood	Downtown Portland
Zip code	97201
Type	Apartment for rent

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Rent trends in Downtown Portland

3-bedroom apartments at 2065 South River Parkway cost about 69% less than the average rent price for 3-bedroom apartments in Portland.

Median rents as of Mar 14 2026.

Downtown Portland

Portland

A table of 3-bedroom apartment rental data trends in Portland
Month	Median Rent
March 2024	$2,495
April 2024	$2,495
May 2024	$2,511
June 2024	$2,523
July 2024	$2,595
August 2024	$2,598
September 2024	$2,631
October 2024	$2,557
November 2024	$2,499
December 2024	$2,496
January 2025	$2,498
February 2025	$2,497
March 2025	$2,526
April 2025	$2,495
May 2025	$2,495
June 2025	$2,523
July 2025	$2,519
August 2025	$2,563
September 2025	$2,515
October 2025	$2,595
November 2025	$2,536
December 2025	$2,495
January 2026	$2,495
February 2026	$2,495
March 2026	$2,495

A table of 3-bedroom apartment rental data trends in Downtown Portland
Month	Median Rent
July 2024	$2,393
August 2024	$2,040
November 2024	$3,225
February 2025	$3,025
April 2025	$2,845
May 2025	$2,665
June 2025	$2,875
July 2025	$2,882
August 2025	$2,875
September 2025	$4,075
October 2025	$5,678
November 2025	$4,629
December 2025	$5,316

Affordability calculator

Can I afford to live at 2065 South River Parkway?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$70,920/yr

With your selected rent-to-income ratio, you'd ideally want to make $70,920 annually to afford this 3-bedrooms monthly rent price of $1,773.

For more information on rent affordability, visit our rent calculator.

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