Cheap Apartments for Rent in the Central Waterfront Neighborhood of San Francisco, CA from $600 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Waterfront area of San Francisco.

property at 420 Ellis St

$1,595 - $1,795

Studio Rentals

Available Now

420 Ellis St

San FranciscoCA94102

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.

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The Kelsey Civic Center
Studio to 2 Bedroom Apartments

The Kelsey Civic Center

240 Van Ness AveSan Francisco, CA 94102
  • Utilities Included
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La Fnix at 1950
Studio to 3 Bedroom Apartments

La Fnix at 1950

1950 Mission StSan Francisco, CA 94103
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555 EDDY Apartments
Studio to 1 Bedroom Apartments

555 EDDY Apartments

555 Eddy StSan Francisco, CA 94109
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Oasis Apartments
Studio Apartments

Oasis Apartments

351 Turk StSan Francisco, CA 94102
  • Utilities Included

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.

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Madonna Residences
Studio Apartments

Madonna Residences

350 Golden Gate AveSan Francisco, CA 94102
  • Utilities Included
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Burnette Apartments
Studio to 2 Bedroom Apartments

Burnette Apartments

815 O'Farrell StSan Francisco, CA 94109
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520 Geary
Studio to 2 Bedroom Apartments

520 Geary

520-524 Geary StSan Francisco, CA 94102
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145 Fell
Studio to 1 Bedroom Apartments

145 Fell

145 Fell StSan Francisco, CA 94102
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615 Leavenworth
Studio to 1 Bedroom Apartments

615 Leavenworth

615 Leavenworth StSan Francisco, CA 94109
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620 Eddy St
Studio to 1 Bedroom Apartments

620 Eddy St

620 Eddy StSan Francisco, CA 94109
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675 OFarrell
Studio to 1 Bedroom Apartments

675 OFarrell

675 O'Farrell StSan Francisco, CA 94109
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516 Ellis
Studio to 1 Bedroom Apartments

516 Ellis

500-516 Ellis StSan Francisco, CA 94109
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665 Eddy
Studio to 2 Bedroom Apartments

665 Eddy

665 Eddy StSan Francisco, CA 94109

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers

Maximize your work-life balance in San Francisco. Discover the ideal neighborhoods for renting, from SoMa to Nob Hill, for employees of the city's 5 leading companies.

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1051 Post
Studio to 2 Bedroom Apartments

1051 Post

1051 Post StSan Francisco, CA 94109
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3270 21st
Studio to 1 Bedroom Apartments

3270 21st

3270 21st StSan Francisco, CA 94110
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1020 Post
Studio to 1 Bedroom Apartments

1020 Post

1020 Post StSan Francisco, CA 94109
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57 Taylor
Studio to 1 Bedroom Apartments

57 Taylor

39-57 Taylor StSan Francisco, CA 94102
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Jekyll Apartments LLC.
Studio to 2 Bedroom Apartments

Jekyll Apartments LLC.

138 Hyde StSan Francisco, CA 94102
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Cosmopolitan Apartments
Studio to 3 Bedroom Apartments

Cosmopolitan Apartments

225 Hyde StSan Francisco, CA 94102
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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650 Ellis
Studio to 2 Bedroom Apartments

650 Ellis

650 Ellis StSan Francisco, CA 94109
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124 Mason
Studio to 2 Bedroom Apartments

124 Mason

120-124 Mason StSan Francisco, CA 94102
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1050 Post
Studio to 1 Bedroom Apartments

1050 Post

1050 Post StSan Francisco, CA 94109
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725 Ellis
Studio to 2 Bedroom Apartments

725 Ellis

725 Ellis StSan Francisco, CA 94109
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1028 Howard
1 to 3 Bedroom Apartments

1028 Howard

1028 Howard StSan Francisco, CA 94103
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Post Arms Apartments
Studio to 1 Bedroom Apartments

Post Arms Apartments

839 Post StSan Francisco, CA 94109
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810 Eddy
Studio to 2 Bedroom Apartments

810 Eddy

810 Eddy StSan Francisco, CA 94109
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150 Franklin
Studio to 1 Bedroom Apartments

150 Franklin

150 Franklin StSan Francisco, CA 94102
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676 GEARY Apartments
Studio to 2 Bedroom Apartments

676 GEARY Apartments

672-682 Geary StSan Francisco, CA 94102

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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691 O'Farrell
Studio to 1 Bedroom Apartments

691 O'Farrell

683-691 Ofarrell StSan Francisco, CA 94109
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685 Geary
Studio to 2 Bedroom Apartments

685 Geary

685 Geary StSan Francisco, CA 94102
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750 O'Farrell
Studio to 2 Bedroom Apartments

750 O'Farrell

750 O'Farrell StSan Francisco, CA 94109

Central Waterfront, San Francisco, CA Local Guide

Cheapest Available Central Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Central Waterfront area of San Francisco, CA is a 1 Bed unit found at FOUND Study San Francisco priced from $700. 731-753 & 743 Polk Street; 807 Ellis Street (1359rc) has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Central Waterfront apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
FOUND Study San FranciscoPrivate Room1BR,1BA$700
731-753 & 743 Polk Street; 807 Ellis Street (1359rc)0BR/1.0BAStudio,1BA$895
The Sophie MaxwellStudioStudio,1BA$1,273
SF HouseUrban NestStudio,1BA$1,300
516 Ellis1 Efficiency 1 Bath ApartmentStudio,1BA$1,495
949 Post St - Age 55+StudioStudio,1BA$1,545
The Cornelia SuitesCornelia Suites StudioStudio,1BA$1,550
650 Ellis1 Studio 1 Bath ApartmentStudio,1BA$1,645
TL ResidencesStudioStudio,1BA$1,775
Soma ResidencesStudioStudio,1BA$1,779

Best Value Apartments for Rent in Central Waterfront, CA

As of December 30, 2025 the best value apartment in the Central Waterfront area is the $3.66 price per square foot 1 Bed, 1 Bath Model at Bennett Lofts in the in the South Of Market neighborhood starting from $3,109. The second greatest value Central Waterfront apartment is the 2 Bedroom 1 Bath Apartment Model at 635 Ellis starting at $2,895 with a $4.17 price per square foot in the South Of Market neighborhood. Here is today’s list of the best values for Central Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bennett Lofts1 Bed, 1 Bath1BR,1BA$3.66
635 Ellis2 Bedroom 1 Bath Apartment2BR,1BA$4.17
455 Hyde1 Bedroom 1 Bath Apartment1BR,1BA$4.00
The Lofts at One PowellH2 0X1Studio ,1BA$4.11
610 Leavenworth1 Studio 1 Bath ApartmentStudio ,1BA$4.00
1030 Post Street Apartments1 Bedroom1BR,1BA$3.42
650 Ellis1 Studio 1 Bath ApartmentStudio ,1BA$3.89
The Sophie MaxwellStudioStudio ,1BA$3.48
731-753 & 743 Polk Street; 807 Ellis Street (1359rc)0BR/1.0BAStudio ,1BA$2.69
FOUND Study San Francisco | Student HousingDouble1BR,1BA$3.12

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.

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The 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.

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Cash 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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Bay area for affordable living. Find your perfect San Francisco Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick 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.

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Pet Friendly Lifestyle
Central Waterfront, San Francisco, CA

Ranked #3

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Central Waterfront, San Francisco, and the greater San Francisco area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, apartment complexes for the kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Central Waterfront Apartments

What is a cheap apartment in Central Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Waterfront is under $1,779.

What is the price of a cheap apartment in Central Waterfront?

The cheapest apartment in Central Waterfront is FOUND Study San Francisco which is listed at $700, while the average apartment in Central Waterfront costs $8,214.

What types of apartments are the cheapest in Central Waterfront?

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 6 regular apartments in Central Waterfront 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 Central Waterfront?

Cheap apartments in Central Waterfront have an average cost of $287 which is $7,927 cheaper than the average rent for all rentals in Central Waterfront.

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

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A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent

Written by: Shannon Hilson

If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco

Written by: Shannon Hilson

Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.

decorative image for Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers article

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers

Written by: Shannon Hilson

Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!