
Cheap Apartments for Rent in the Water Street District Henderson, NV from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Water Street District area of Henderson.


College Villas - Senior Community

155 Westminster Way

Total Monthly Price
Cascade Apartments

The Vittoria at Equestrian

Total Monthly Price
Heritage Pointe Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Henderson Manor

Terracina

Oakridge Apartments

Paseo Del Prado

100 N Ocotillo St

713 Anne Ln
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Prelude at the Park Apartments

342 S Water St

Madison at Black Mountain

307 Regina Way

254 Shoshone Ln

496 Sellers Pl
More Than Casinos: A Look at Las Vegas' Top Employers and Best Neighborhoods
Stop visiting and start living in Las Vegas. Learn about the job market, the best areas for apartment rentals (Strip, Downtown, Summerlin, Henderson), and what it's like to call Vegas home.
Water Street District, Henderson, NV Local Guide

How much does it cost to rent an apartment in Water Street District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Water Street District 1 Bedroom Apartments | $1,457 | $1,002 | $1,875 |
| Water Street District 2 Bedroom Apartments | $1,646 | $1,000 | $2,313 |
| Water Street District 3 Bedroom Apartments | $2,043 | $1,550 | $2,429 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Water Street District Neighborhood of Henderson, NV.
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Water Street District, Henderson, NV Local Guide
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Cheapest Available Water Street District Apartments for Rent
 The cheapest available apartment rental in the Water Street District area of Las Vegas, NV is a 1 Bed unit found at Cascade Apartments priced from $1,167. The Vittoria at Equestrian has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Water Street District apartments for rent in Las Vegas, NV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cascade Apartments | Tule | 1BR,1BA | $1,167 |
| The Vittoria at Equestrian | One Bedroom | 1BR,1BA | $1,245 |
| Prelude at the Park Apartments | A1 | 1BR,1BA | $1,248 |
| Madison at Black Mountain | Aruba | 1BR,1BA | $1,269 |
| Heritage Pointe Apartments | Flat | 2BR,2BA | $1,299 |
Best Value Apartments for Rent in Water Street District, NV
As of February 22, 2026 the best value apartment in the Water Street District area is the $1.78 price per square foot 3 Bed 2.5 Bath A Renovated Model at Townhomes at Horizon Ridge in the in the Gibson Springs neighborhood starting from $2,083. The second greatest value Water Street District apartment is the Flat Model at Heritage Pointe Apartments starting at $1,299 with a $1.30 price per square foot in the Mission Hills neighborhood. Here is today’s list of the best values for Water Street District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes at Horizon Ridge | 3 Bed 2.5 Bath A Renovated | 3BR,2.5BA | $1.78 |
| Heritage Pointe Apartments | Flat | 2BR,2BA | $1.30 |
| Oceanside Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.81 |
| Cascade Apartments | Tule | 1BR,1BA | $1.56 |
| Big Horn at Black Mountain | Ridge | 1BR,1BA | $1.78 |
| 301 Eastminister Ct, Unit C | 301 Eastminister Ct | 2BR,1BA | $1.36 |
| Madison at Black Mountain | Aruba | 1BR,1BA | $1.76 |
| Prelude at the Park Apartments | A1 | 1BR,1BA | $1.75 |
| Morrell Park | 1x1 | 1BR,1BA | $2.06 |
| The Vittoria at Equestrian | One Bedroom | 1BR,1BA | $2.00 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWater Street District, Henderson, NV
Ranked #17
Among cities in Nevada for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Water Street District, Henderson, NV
Gordon Mccaw Elementary School
Lyal Burkholder Junior High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Water Street District Apartments
What is the price of a cheap apartment in Water Street District?
The cheapest apartment in Water Street District is Cascade Apartments which is listed at $1,167, while the average apartment in Water Street District costs $2,148.
What types of apartments are the cheapest in Water Street District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Water Street District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Water Street District?
Cheap apartments in Water Street District have an average cost of $303 which is $1,845 cheaper than the average rent for all rentals in Water Street District.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Las Vegas Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: William Vinson
The late, great, comedian Rodney Dangerfield once said, “When I drink I don’t know what I’m doing. I got loaded in Vegas, went out, I shot dice, I lost 1,000 bucks. I got even, though. I stole 400 Sweet ’N Lows.

A Student's Guide to Picking a Perfect Las Vegas Neighborhood for College Life
Written by: William Vinson
When most people think of Las Vegas, they think of gambling and the city’s partying reputation, but it is also a terrific college town. The rents are reasonable.

Living In Las Vegas vs Visiting Las Vegas - An Insiders Guide
Written by: William Vinson
Everyone is welcome in Las Vegas, with close to one million visitors coming each week.

More Than Casinos: A Look at Las Vegas Top Employers and Best Neighborhoods
Written by: William Vinson
There are two groups of people in Las Vegas. Those who come for a visit and those who live here. I have been a resident for more than 20 years. What drew me to Las Vegas.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.