With the advancement of urbanization and acceleration of global warming, extreme weather and climate events are becoming increasingly frequent and severe, and climate risk continues to rise. Each community is irreplaceable and important in coping with extreme climate risk and improving urban resilience. In this study, the Dongsi Community in the functional core area of Beijing was explored, and the risk assessment of high temperatures and rainstorm waterlogging was implemented at the community scale. Local navigation observations were integrated into a theoretical framework for traditional disaster risk assessment. The risk assessment indicator system for community-scale high-temperature and rainstorm waterlogging disasters was established and improved from a microscopic perspective (a total of 22 indicators were selected from the three dimensions of hazard, exposure, and vulnerability). Geographic Information Systems (GIS) technology was used to integrate geographic information, meteorological, planning, municipal, socioeconomic and other multisource information layers, thus enabling more detailed spatial distribution characteristics of the hazard, exposure, vulnerability, and risk levels of community-scale high temperatures and rainstorm waterlogging to be obtained. The results revealed that the high-risk area and slightly high-risk area of high-temperature disasters accounted for 13.5% and 15.1%, respectively. The high-risk area and slightly high-risk area of rainstorm waterlogging disasters accounted for 9.8% and 31.6%, respectively. The high-risk areas common to high temperatures and waterlogging accounted for 3.9%. In general, the risk of high-temperature and rainstorm waterlogging disasters at the community scale showed obvious spatial imbalances; that is, the risk in the area around the middle section of Dongsi Santiao was the lowest, while a degree of high temperatures or rainstorm waterlogging was found in other areas. In particular, the risk of high-temperature and rainstorm waterlogging disasters along Dongsi North Street, the surrounding areas of Dongsi Liutiao, and some areas along the Dongsi Jiutiao route was relatively high. These spatial differences were affected to a greater extent by land cover (buildings, vegetation, etc.) and population density within the community. This study is a useful exploration of climate risk research for resilient community construction, and provides scientific support for the planning of climate-adaptive communities, as well as the proposal of overall adaptation goals, action frameworks, and specific planning strategies at the community level.