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Watergate Apartments earns a strong overall impression with a 9.4/10 Zumper expert rating, standout marks for price and amenities, and solid location, quality, and trustworthiness scores. Its appeal is reinforced by off-street parking, on-site laundry facilities, large windows, an open-concept layout, and a pet-friendly community, along with nearby schools, photo coverage, and strong value-for-money positioning.
Things you’ll love
Middle school nearbyHigh school nearbyLess expensiveGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 350 sqft | $1,095 /mo | 2 units available | Welcome to Watergate Apartments, your new home in the heart of Portland, OR. This studio apartment is a perfect blend of comfort and convenience. Equipped with air conditioning to keep you cool during the summer months; the secured access building ensures your safety and peace of mind. The apartment is pet-friendly, with a $300 pet deposit and a $25 pet rent. Features a full bathroom with a bathtub and ample storage space, perfect for keeping your belongings organized. The additional coat closet provides extra storage. The onsite laundry facilities add to the convenience of living in this apartment. The location is unbeatable, just minutes from downtown and close to the bus line, making your commute a breeze. Plus, the easy access to area highways makes getting around the city quick and easy. At Watergate Apartments, we've thought of everything to make your living experience as comfortable and convenient as possible. Don't miss out on this opportunity to live in the heart of Portland. 10 S Porter street Apt 205 Portland, OR 97201 Will be ready for tours/move in by 7/27/26! Rental Rate: $1095 Security Deposit: Half Months Rent, Based on screening, no more than 1 months' Rent Water/Sewer/Garbage: Billed back to tenants (NOT FLAT RATE | FLUCTUATES MONTHLY) Tenants responsible for Electric Application fee: $70 per adult over 18 Pets Welcome: 2 pet max, breed restrictions apply, 35lb weight limit. $300 pet deposit per pet $25 Pet rent per pet per month KEY FEATURES Sq Footage: 350 sqft. Bedrooms: Studio Bathrooms: 1 Bath Parking: Off street Lease Duration: Flex/options Deposit: Half Months rent, Based on screening results | No more than 1 full months' rent Laundry: Onsite coin op Floor: 2nd Floor Property Type: Apartment RENTAL FEATURES: Convenient Location Secured Access Building Onsite laundry facilities Free off-Street parking Spacious Living Area Abundant Cupboard Space AC (In select Units | Not maintained by management) **Pictures/Video tour provided are pf the EXACT unit** Accessible Dwelling Unit: No IMMEDIATE SELF-TOURS AVAILABLE FOR MOVE-IN READY UNITS We manage over 800 units across the metro area and two states, all coordinated through our main office, which allows us to offer a streamlined and flexible touring experience. Our listings include detailed photos of the exact unit and comprehensive information so you can feel fully informed before scheduling a visit. FOR SELF-GUIDED TOURS, applicants must submit an application in advance for safety and security. Once we receive your application, we will provide instructions to complete a self-tour at a time that works best for you. IF YOU PREFER NOT TO APPLY BEFORE TOURING, visit our office at 2529 SE Division St, Portland, OR 97202 with a valid ID to sign a self-tour waiver. After verification, we will provide access details to view a move-in ready unit within two days. Application fees are refundable only if the application has not yet been submitted to the screening agency. Please note that applications are incomplete until all required income documentation is provided. If applying in a group, all applications must also be submitted to be complete. Applicants must be prepared to take financial possession of the property within two weeks of application submission, or within two weeks of the unit becoming move-in ready if it is currently occupied. Upon approval, applicants must, within 48 hours, either take possession of a move-in ready unit or execute .. |
Let's explore this property.
Apartment Amenities
| Abundant Cabinet Space | Air Conditioning |
| Ample Storage Space | Bathroom Storage |
| Bathtub | Coat Closet |
| Large Living Area | Large Windows |
| LVP Flooring | Open Floor Plan |
| Vanity Lighting |
Appliances
| Range | Refrigerator |
| Stove/Range |
Building
| Cats OK | Controlled Access Building |
| Dogs OK | Non-Smoking |
| Onsite Laundry |
Grounds
| Storage |
Neighborhood
| Close To Bus Line | Close to Freeway |
| Downtown | Easy Access to Area Highways |
Other
| 300 Pet Deposit | Online Rent Payments & Maintenance Requests |
| Studio |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 28 |
|---|
Welcome to Watergate Apartments, your new home in the heart of Portland, OR. Our apartments offer a range of amenities designed to complement your lifestyle. We understand the importance of convenience, which is why we offer off-street parking and easy access to area highways. You'll find shopping and downtown access a breeze, making your daily commute or weekend outings effortless. We are proud to be a pet-friendly community, with a one-time $300 pet deposit and a $25 monthly pet rent. Our secured access building ensures a safe environment for all residents. For your convenience, we also offer onsite laundry facilities, so you never have to worry about finding a laundromat. In addition, we've made paying rent and requesting maintenance easier than ever with our online system. You can pay your rent and submit maintenance requests anytime, anywhere. Close to the bus line, Watergate Apartments is perfect for those who prefer public transportation. With our great location, you'll have everything you need right at your fingertips. Experience the best of Portland living at Watergate Apartments.
How Watergate Apartments compares to other nearby properties.
Positives
studio apartments at Watergate Apartments cost about 8% less than the average rent price for studio apartments in Corbet - Terwilliger - Lair Hill.
| Month | Median Rent |
|---|---|
| June 2024 | $1,235 |
| 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 |
| May 2026 | $1,187 |
| June 2026 | $1,175 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,245 |
| 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 |
| May 2026 | $1,196 |
| June 2026 | $1,196 |
Can I afford to live at 10 S Porter St?
Bedrooms
StudioRent-to-income ratio
30%
$43,800/yr
3830 se 14th ave
portland, OR, 97202
1445 nw 26th ave
portland, OR, 97210
2334 ne 57th ave
portland, OR, 97212
6960 sw sandburg st
tigard, OR, 97223
1500 greentree rd
lake oswego, OR, 97034
Homestead • 1311 Sw Gibbs St
Studio–2 Beds
$1,300–$1,995
Northwest District • 10 Nw 20th Ave
Studio
$875–$1,000
Rockwood • 10 Ne 162nd Ave
1–2 Beds
$1,175–$1,325
Sellwood - Moreland • 1721 Se Tacoma St
Studio
$1,150
Sellwood - Moreland • 5434 Se Milwaukie Ave
Studio
$945–$985
Downtown Portland • 1415 Sw Park Ave
Studio–1 Bed
$1,050–$1,375
Downtown Portland • 1405 Sw Park Ave
Studio
$900
Homestead • 1311 Sw Gibbs St
Studio–2 Beds
$1,300–$1,995
Northwest District • 10 Nw 20th Ave
Studio
$875–$1,000
Rockwood • 10 Ne 162nd Ave
1–2 Beds
$1,175–$1,325
Sellwood - Moreland • 1721 Se Tacoma St
Studio
$1,150
Sellwood - Moreland • 5434 Se Milwaukie Ave
Studio
$945–$985
Downtown Portland • 1415 Sw Park Ave
Studio–1 Bed
$1,050–$1,375
Downtown Portland • 1405 Sw Park Ave
Studio
$900
