Zumper
modified
22 Hours Ago

Location

2615 S Water Ave, Portland, OR 97201, USA|Corbet - Terwilliger - Lair Hill
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Contact

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Management

COAST Real Estates Services

Our team has verified this company

Leasing office

(971) 318-6589

Open 

Monday 10:00 am–6:00 pm PT

Property Overview

Acqua Apartments earns an exceptional 9.7/10 expert rating, with perfect scores for amenities, location, quality, and trustworthiness, and a strong 9/10 for price, indicating excellent overall value. With extensive photos, nearby highly rated schools, strong fitness and social amenities, sustainability-minded features, and work-from-home friendly perks like high-speed internet and common work areas, it offers a well-rounded living experience supported by transparent property information.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.7
Excellent
Earning an outstanding 9.7 out of 10 overall rating, Acqua Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • Dishwasher

Great for

  • Eco living
  • Work-from-home
  • Wellness

Floor plans

StudioStudio1 bath331 sqft$1,125–$1,499 /mo
One Bedroom1 bed1 bath449 sqft$1,325–$1,749 /mo
Two Bedroom2 bed1 bath622 sqft$1,625–$1,775 /mo

Let's explore this property.

Income restriction requirements

To qualify for this property, your annual income must be less than or equal to the amount in the table, depending on the number of people that will be living here. Contact the property for more information.

# of People

Annual Income Maximum

1$43,450
2$49,650
3$55,845
4$62,050
5$67,050
6$72,000

Amenities for Acqua Apartments

Apartment Amenities

Air ConditioningBalcony
Ceiling FanFurnished
Granite/Quartz CountertopsHardwood Floor
High CeilingHigh Ceilings
Large ClosetsModern Cabinetry
Pet Friendly ApartmentsPrivate Balcony
Private Balcony/Patio In Select UnitsQuartz Countertops
Secured Access EntryStylish, Open Floorplan
Walk-in ClosetWindow Coverings
Wood-style Flooring

Appliances

Air Conditioning / HeatingDishwasher
Full Size In-Home Washer/DryerGarbage Disposal
In-Unit LaundryMicrowave
RefrigeratorStainless Steel Appliances

Tech

Cable ReadyElectronic Thermostat
High-Speed Internet

Building

ClubhouseComplimentary Gourmet Coffee Bar
Controlled Bike Storage RoomElevator
Fitness CenterFitness Center with Cardio and Weight Training Equip
HandrailsOpen Layouts
Recreation RoomResidents Lounge
Roof DeckWheelchair Accessible

Grounds

Barbecue GrillsBarbecue/Picnic Area
Bike RacksCommunity Clubroom
Garage ParkingGate
Off-Street ParkingOutdoor Space
Pet Wash StationPet-Friendly Community
Storage

Services

Availability 24 HoursCommunity Room with Wifi
On-Site MaintenanceOn-Site Management
Onsite Recycling CenterPackage Service
Recycling

Other

Controlled AccessShort Term Lease
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Parking Policy

Garage Parking

Any Pet

Pet Rent

Monthly. 2 any pets max.

$25

Pet Deposit

One-time deposit per pet.

$200

Questions about this property’s policies and fees?

Building details

Property details

Units100
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About Acqua Apartments

Managed by COAST Real Estates Services
COAST Real Estates Services 1 of 4COAST Real Estates Services 2 of 4COAST Real Estates Services 3 of 4COAST Real Estates Services 4 of 4
HomeApartments in PortlandCorbet - Terwilliger - Lair Hill Acqua Apartments

Perched just above Portland's South Waterfront and minutes from downtown, the Acqua Apartments offers BRAND NEW, never occupied stylish, luxurious smart studio, one and two-bedroom apartment homes with large windows, plenty of light, available city and riverfront views, and easy access to great restaurants, shops, transportation (including the OHSU tram) and nearby parks. Alexa, I'm home! Smart home features powered by IOTAS. Now offering 6 weeks free!Tours are available 7 days a week between 11am-4pm!


Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.7
/10
Excellent
Earning an outstanding 9.7 out of 10 overall rating, Acqua Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated Acqua Apartments
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Acqua Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Acqua Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Acqua Apartments offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Acqua Apartments has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Acqua Apartments.
Trustworthiness·10A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Acqua Apartments sets a high bar for up-to-date information, transparency, and thoroughness in marketing and communication. It's verified, offers multiple lifestyle photos, and provides detailed information about its features and attributes. The clarity it provides sets it apart from other rentals, making Acqua Apartments a trustworthy choice for potential residents.

Acqua Apartments is great for:

Eco living

  • 67 parks within a mile
  • Energy efficient appliances
  • On-site recycling or composting options
  • Thermostats

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • Utilities included in the rent
  • 5 coworking spaces or cafes within 1 mile

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • This property has patios or balconies for fresh air
  • 67 parks nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Acqua Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 0.1 mile away
Middle school nearby
There is a middle school 2 miles away
Dishwasher
Dishwasher available in kitchen
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Managed by COAST Real Estates Services

Coast Property Management has been serving clients in the real estate industry for more than 30 years. Combining deep expertise with an others-first approach, Coast Property Management manages $4 billion in total assets and over 20,000 multifamily units across the Northwest. Each client comes with a unique set of needs. Whether your asset is commercial, affordable housing, storage, an HOA or condo association, Coast makes it a priority to tailor our services to provide customized solutions and fee management. Backed by an extraordinary team of the brightest minds in the business, Coast is here to serve and provide immeasurable value to your asset.

Rent trends in Corbet - Terwilliger - Lair Hill

Studio apartments at Acqua Apartments cost about 9% more than the average rent price for studios in Corbet - Terwilliger - Lair Hill.

1-bedroom apartments here are priced 3% higher than 1-bedrooms in Corbet - Terwilliger - Lair Hill.

If you decide to upgrade your space, you can expect 2-bedrooms at Acqua Apartments to be 11% less than the average for similarly sized apartments in Corbet - Terwilliger - Lair Hill.

Median rents as of Apr 25 2026.
Corbet - Terwilliger - Lair Hill
Portland
A table of studio rental data trends in Portland
MonthMedian Rent
May 2024$1,213
June 2024$1,231
July 2024$1,228
August 2024$1,223
September 2024$1,233
October 2024$1,219
November 2024$1,202
December 2024$1,199
January 2025$1,193
February 2025$1,193
March 2025$1,180
April 2025$1,178
May 2025$1,178
June 2025$1,175
July 2025$1,174
August 2025$1,196
September 2025$1,185
October 2025$1,150
November 2025$1,173
December 2025$1,163
January 2026$1,147
February 2026$1,152
March 2026$1,195
April 2026$1,185
A table of studio rental data trends in Corbet - Terwilliger - Lair Hill
MonthMedian Rent
May 2024$1,277
June 2024$1,249
July 2024$1,249
August 2024$1,245
September 2024$1,219
October 2024$1,179
November 2024$1,114
December 2024$1,099
January 2025$1,155
February 2025$1,177
March 2025$1,165
April 2025$1,201
May 2025$1,191
June 2025$1,168
July 2025$1,195
August 2025$1,316
September 2025$1,243
October 2025$1,143
November 2025$1,220
December 2025$1,287
January 2026$1,262
February 2026$1,276
March 2026$1,289
April 2026$1,266

Affordability calculator

Can I afford to live at 2615 S Water Ave?

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

$45,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $45,000 annually to afford this studio monthly rent price of $1,125.
For more information on rent affordability, visit our rent calculator.

Schools near Acqua Apartments

Winterhaven School

3830 se 14th ave

portland, OR, 97202

K-8Public
A-

Chapman Elementary School

1445 nw 26th ave

portland, OR, 97210

K-5Public
B

Rose City Park

2334 ne 57th ave

portland, OR, 97212

K-5Public
B+

Tigard-Tualatin Virtual Academy

6960 sw sandburg st

tigard, OR, 97223

K-12Public

Flex Online School

10740 ne walker rd ste b

hillsboro, OR, 97006

K-12Public
A
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Internet available near Acqua Apartments

Getting around Portland near 2615 S Water Ave

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 2615 S Water Ave, Portland

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

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This property is intended for those with income restrictions.
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