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Watergate Apartments stands out as a highly rated option with strong overall value, excellent amenities, and a convenient location. It also offers off-street parking, on-site laundry, a pet-friendly community, and spacious living areas, with added appeal from nearby pet services and useful photo coverage.
Things you’ll love
High school nearbyLess expensiveMiddle school nearbyGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 350 sqft | $916 /mo | 1 unit 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 Ready for tours/move in NOW! **MOVE IN SPECIAL, 1 MONTH FREE** **Rent Concession Notice Please note that the listed effective rent for this unit is $1,000 per month. With the current 1 month free rent special, the promotional effective monthly cost is $916 per month when the concession is applied across a 12-month lease term. OR You may also choose to take 1 month free upfront, which will be applied to your 2nd month of move-in.** Rental Rate: $1000 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** UNIT PHOTOS & VIDEOS – ADVISORY NOTICE Photos and videos provided in the listing are for reference only. Even when the photos or videos show the exact unit advertised, they may not reflect updates or changes made during the unit’s turnover or preparation for move-in. Finishes and features may vary, including flooring, countertops, appliances, fixtures, paint, and other updates. Applicants are encouraged to tour the unit prior to signing a lease and/or moving in. Any decision to rent or move into a unit sight unseen is at the applicant’s discretion and acceptance of the unit’s current condition and finishes. 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 .. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Ample Storage Space |
| Bathtub | Coat Closet |
Appliances
| Range | Refrigerator |
| Stove/Range |
Building
| Cats OK | Controlled Access Building |
| Dogs OK | Non-Smoking |
| Onsite Laundry |
Grounds
| Storage |
Neighborhood
| Close To Bus Line | Downtown |
| Easy Access to Area Highways |
Other
| 300 Pet Deposit |
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 24% less than the average rent price for studio apartments in Corbet - Terwilliger - Lair Hill.
| Month | Median Rent |
|---|---|
| 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 | $1,180 |
| July 2026 | $1,195 |
| August 2026 | $1,182 |
| September 2026 | $1,157 |
| Month | Median Rent |
|---|---|
| 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 | $1,195 |
| July 2026 | $1,247 |
| August 2026 | $1,199 |
| September 2026 | $1,191 |
Can I afford to live at 10 S Porter St?
Bedrooms
StudioRent-to-income ratio
30%
$36,640/yr
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$1,045–$1,095
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$995–$1,000
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$1,050–$1,450
Goose Hollow • 2386 W Burnside St
Studio
$1,045–$1,095
Downtown Portland • 1405 Sw Park Ave
Studio
$995–$1,000
Downtown Portland • 2031 SW 10th Ave
Studio–1 Bed
$1,050–$1,450
