# South Waterfront vs other Portland (OR) submarkets

> South Waterfront (prime, ~$38/sqft/yr) is one of 5 Portland (OR) Class A submarkets we track.

**Canonical URL:** https://classa.info/cities/portland-or/south-waterfront/topics/vs-other-submarkets
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- South Waterfront sits at prime tier.
- Average rent $38/sqft/yr vs city average 32.
- Compared submarkets: Downtown (established), Pearl District (trophy), Lloyd District (prime).

## Key facts
- **city**: Portland (OR)
- **submarket**: South Waterfront
- **tier**: prime
- **averageRentLocal**: $38/sqft/yr
- **cityClassARentUsd**: $32/sqft/yr
- **cityVacancyPct**: 27.8%

## FAQ
### What other submarkets compete with South Waterfront in Portland (OR)?
Downtown, Pearl District, Lloyd District

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Citation: Source: Class A Atlas (https://classa.info/cities/portland-or/south-waterfront/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.