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Watergate Apartments delivers exceptional overall value, with high expert scores across price, amenities, location, quality, and trustworthiness. Residents benefit from a pet-friendly community with strong nearby pet resources, convenient access to top-rated schools, and practical features like non‑smoking policies, off‑street parking, onsite laundry, and large living areas. Extensive property photos and a value-for-money ranking in the 86th percentile further reinforce its appeal.
Things you’ll love
Middle school nearbyHigh school nearbyLess expensiveGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 330+ sqft | $858–$995 /mo | 2 units available | Welcome to Watergate Apartments, nestled in the vibrant South Waterfront. This ground floor studio apartment offers a spacious living area accentuated by large windows that invite an abundance of natural light. The apartment is pet-friendly, with a $300 pet deposit and a $25 pet rent. The kitchen is equipped with a garbage disposal, microwave, and abundant cabinet space, while a pantry and linen closet provide additional storage options. The bathroom features a stand-up shower, vanity lighting, and ample storage space. The apartment also boasts a ceiling fan and large closets for your comfort and convenience. The building ensures your peace of mind with secured access and offers off-street parking and onsite laundry facilities. Its prime location provides easy access to area highways, making your commute a breeze. Experience the perfect blend of comfort and convenience at Watergate Apartments. 10 S Porter street Apt 104 Portland, OR 97201 Ready for tours/move in NOW! **Rent Concession Notice Please note that the listed effective rent for this unit is $895 per month. With the current 2-weeks free rent special, the promotional effective monthly cost is $858 per month when the concession is applied across a 12-month lease term.** Rental Rate: $895 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 KEY FEATURES Year Built: 1976 Sq Footage: 330 sqft. Bedrooms: Studio Bathrooms: 1 Bath Parking: Street Parking Lease Duration: Flex/Options Laundry: Shared/In Building Property Type: Studio/Apartment Pets Welcome: 2 pet max, breed restrictions apply, 35lb weight limit. $300 pet deposit per pet $25 Pet rent per pet per month UNIT FEATURES * Convenient Location * Secure Access Building * Onsite laundry facilities * Off Street parking as well as ample street parking * Large Living area * Plentiful Cupboard Space *Pet Friendly** *Non-Smoking *Online Rent payments/Maintenance requests **Pictures and Video tour provided are of 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 i.. | |
| 1BR/1.0BA | 1 bed | 1 bath | 450 sqft | $1,095 /mo | 1 unit available | Discover Watergate Apartments! A rare 1-bedroom, 1-bath unit just minutes from downtown. This second-floor home features an open-concept layout with large living area, abundant cabinet and bathroom storage, linen and hall closets, LVP flooring, large windows and vanity lighting. The kitchen includes a full-size dishwasher and ample cabinet space. Stay comfortable with air conditioning and enjoy onsite laundry, secured building access, off-street parking, and online rent payments and maintenance requests. Pet-friendly with a $300 pet deposit and $25 monthly pet rent. Close to bus lines and downtown conveniences, this apartment offers practical, well-maintained living in a great location. Don't wait! Apply today! 10 S Porter street Apt 210 Portland, OR 97201 Will be ready for tours/move in by 6/5/26! 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 Year Built: 1976 Sq Footage: 450 sqft. Bedrooms: 1 Bed Bathrooms: 1 Bath Parking: Off street parking Lease Duration: Flex/Options Laundry: Shared/Onsite Property Type: Apartment UNIT FEATURES Great Location Closet to bus line/downtown LVP flooring throughout Abundant Cabinet space AC in unit | Not maintained by management) Large Windows Bathroom Storage Vanity Lighting Pet Friendly** Online Rent Payments & Maintenance Requests **Pictures/Video tour provided are of 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 a Holding Agreement and submit a $300 holding deposit. This deposit secures the unit for up to 14 days or until the unit becomes move-in ready, whichever occurs first, and will apply toward the total security deposit. Failure to take possession as agreed will result in forfeiture of the holding deposit. We also offer vid.. |
Let's explore this property.
Apartment Amenities
| Abundant Cabinet Space | Air Conditioning |
| Bathroom Storage | Bathtub |
| Ceiling Fan | Ground Floor |
| Large Closets | Large Living Area |
| Large Windows | Move-in Special |
| Open Concept Layout | Pantry |
| Stand Up Shower | Vanity Lighting |
| Vanity Mirror | Walk-in Closet |
Appliances
| Dishwasher | Full Size Dishwasher |
| Garbage Disposal | Microwave |
| Range | Refrigerator |
| Stove/Range |
Building
| Cats OK | Controlled Access Building |
| Dogs OK | Non-Smoking |
| Onsite Laundry |
Grounds
| Off-Street Parking | Storage |
Neighborhood
| Close To Bus Line | Downtown |
| Easy Access to Area Highways | Great Location |
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 28% less than the average rent price for studios in Corbet - Terwilliger - Lair Hill.
1-bedroom apartments here are priced 27% lower than 1-bedrooms in Corbet - Terwilliger - Lair Hill.
| Month | Median Rent |
|---|---|
| May 2024 | $1,220 |
| 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 |
| May 2026 | $1,175 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,291 |
| 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 |
| May 2026 | $1,195 |
Can I afford to live at 10 S Porter St?
Bedrooms
Rent-to-income ratio
30%
$34,320/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
Sellwood - Moreland • 1721 Se Tacoma St
1–2 Beds
$1,175–$1,695
Homestead • 1311 Sw Gibbs St
Studio–2 Beds
$1,225–$2,145
Rockwood • 10 Ne 162nd Ave
1–2 Beds
$1,175–$1,350
South Tabor • 7123 Se Powell Blvd
1–3 Beds
$1,250–$1,650
Northwest District • 10 Nw 20th Ave
Studio–1 Bed
$875–$1,300
Northwest District • 2250 Nw Kearney St
Studio–1 Bed
$1,300–$1,700
Goose Hollow • 2386 W Burnside St
Studio–1 Bed
$995–$1,250
Sellwood - Moreland • 1721 Se Tacoma St
1–2 Beds
$1,175–$1,695
Homestead • 1311 Sw Gibbs St
Studio–2 Beds
$1,225–$2,145
Rockwood • 10 Ne 162nd Ave
1–2 Beds
$1,175–$1,350
South Tabor • 7123 Se Powell Blvd
1–3 Beds
$1,250–$1,650
Northwest District • 10 Nw 20th Ave
Studio–1 Bed
$875–$1,300
Northwest District • 2250 Nw Kearney St
Studio–1 Bed
$1,300–$1,700
Goose Hollow • 2386 W Burnside St
Studio–1 Bed
$995–$1,250
