Waterleaf Apartments

2065 S River Pkwy, Portland, OR 97201

Apartment building

Studio-3 beds

Covered parking

Shared laundry

Available units

Price may not include required fees and charges

Price may not include required fees and charges.

Unit , sortable column	Sqft, sortable column	Available, sortable column	Base rent, sorted ascending
Studio Studio, 1 ba	573	Now	$1,050+
1 Bedroom 1 bd, 1 ba	731	Now	$1,287+
2 Bedroom 2 bd, 1 ba	1,092	Now	$1,540+
3 Bedroom 3 bd, 2 ba	1,330	Now	$1,773+

What's special

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. Unique to the immediate area are 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. IMMEDIATE AVAILABILITY on all 60% AMI units and NO APP FEES when you apply by 11/30/2024!

The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.

Facts, features & policies

Building Amenities

Other

Shared: Laundry Facilities

Outdoor common areas

Playground

Security

Doorman: Door Attendant

Services & facilities

Bicycle Storage: Bike Racks

Elevator

On-Site Management

Unit Features

Appliances

Dishwasher

Refrigerator

Cooling

Air Conditioning: Air Conditioner

Ceiling Fan

Internet/Satellite

Building-wide Wireless: Community Room with Kitchen and Free WiFi

Other

Efficient Appliances

Policies

Contact for details

Special Features

Bbq/picnic Area

Courtyard

Public Transportation

Recycling

Neighborhood: Downtown

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Walkable Streets
Pedestrian-friendly layout encourages walking to shops, dining, and parks.
Transit Access
Convenient access to buses, trains, and public transit for easy commuting.
College Nearby
Local university presence adds vibrancy, events, and youthful energy.
Arts Scene
Galleries, murals, and cultural venues showcase creativity and artistic talent.

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Anchored by Portland State University and the South Park Blocks, 97201 blends urban energy with leafy calm along the west bank of the Willamette. Expect mild, rainy winters and warm, dry summers, with quick escapes to Tom McCall Waterfront Park, the Keller Fountain, and trailheads toward the West Hills. Daily life is walkable: the Portland Streetcar and MAX lines crisscross downtown, I-405 is close for commuters, and you’re steps from Safeway, the PSU Farmers Market, campus coffee shops, food carts, and date-night spots near Keller Auditorium. Pioneer Place shopping and the PSU Rec Center add convenience, while historic Lair Hill and Portland Heights lend character and views. According to Zillow Market Trends, recent months show a median rent around $1,700, with most listings roughly $1,300–$2,400 depending on size and building. The area draws students and professionals, is generally pet friendly, and offers plenty of green spaces for leashed walks.