2065 South River Parkway · Apartment for Rent

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. Walk score of 98, biker's paradise! Unique to the immediate area: 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. All utilities covered except for electricity and cable/internet. We also have resident social services located on site! Section 8 and Housing-Choice Vouchers Accepted! We are a HUD regulated property with income MINIMUM and MAXIMUM limits. 2026 Household Gross Income Limits: 1 Person: 1.5x monthly rent (min.) - $49,560 (max) 2 People: 1.5x monthly rent (min.) - $59,580 (max) 3 People: 1.5x monthly rent (min.) - $67,020 (max) **As a HUD property, our move-in process is more involved and can take up to a month to complete; please consider this fact when planning your application** At minimum the information we require will include: -All sources of income and verifications for each -All assets and verifications for each -Student status IMMEDIATE AVAILABILITY and NO APP FEES