South Waterfront, Beaverton, OR
South Waterfront — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for South Waterfront, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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South Waterfront Neighborhood Overview
South Waterfront is a distinctive upper-mid market neighborhood in Portland, Oregon, with a ZIP code of 97239 in Multnomah County. It is characterized by its modern high-rise condominiums and apartments situated along the Willamette River. The area offers a unique urban living experience with direct access to water and green spaces.
Lifestyle & Amenities
Residents enjoy a walkable urban environment, supported by an EPA Walkability Index score of 14.1 out of 20. The neighborhood features riverfront parks, trails, and a streetcar line connecting to downtown Portland. Upscale dining, boutique shops, and medical facilities are integrated into the mixed-use towers.
Real Estate Market
The real estate market is active, with a median home value of $688,500 and 475 mortgage originations in 2023, predominantly conventional loans. The median household income is $103,323, and the median gross rent is $1,701 per month. This reflects a stable and desirable market for both owners and renters.
Schools & Education
Families have access to several nearby schools, including The Cottonwood School of Civics and Science just 0.23 miles away. Other options include Winterhaven School, Abernethy Elementary, and high schools like Cleveland and Ida B. Wells-Barnett within a 1.6-mile radius. This provides a variety of educational choices for residents.
Transportation & Connectivity
The neighborhood is well-served by the Portland Streetcar and multiple bus lines, facilitating easy commutes. Its central location offers quick access to I-5 and downtown Portland, while the aerial tram connects to the Oregon Health & Science University campus. The walkable design reduces reliance on personal vehicles.
Why Choose South Waterfront
South Waterfront is ideal for professionals and empty-nesters seeking a low-maintenance, contemporary urban lifestyle with stunning river views. Its combination of modern housing, excellent transit, and proximity to downtown and key employers makes it a premier Portland address. The neighborhood offers a cohesive community within a dynamic city setting.
South Waterfront Market Data
| Metric | Value |
|---|---|
| Median Home Price | $689K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $103K |
| Homeownership Rate | 44.7% |
| Renter-Occupied | 55.3% |
| Rental Vacancy Rate | 4.8% |
| Market Type | Balanced |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97239 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 475 |
| VA Loan Originations | 11 |
| VA Loan Share | 2.3% |
| Conventional Loan Originations | 447 |
| FHA Loan Originations | 17 |
Top Real Estate Agents in South Waterfront, Beaverton
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for South Waterfront, Beaverton, OR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15