Cheap Apartments for Rent in the Canal Waterfront Neighborhood of San Rafael, CA from $1,200 (35 Rentals)

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

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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460 Canal St
Studio Apartments

460 Canal St

460 Canal StSan Rafael, CA 94901
  • Smoke Free
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1440 Lincoln Ave
1 Bedroom Apartments

1440 Lincoln Ave

1440 Lincoln AveSan Rafael, CA 94901
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10-24 Davenport Ct
1 to 2 Bedroom Apartments

10-24 Davenport Ct

10-24 Davenport CtSan Rafael, CA 94901
  • Utilities Included
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150 Belvedere St
1 Bedroom Apartments

150 Belvedere St

150 Belvedere StSan Rafael, CA 94901
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608 C St
Studio to 1 Bedroom Apartments

608 C St

608 C StSan Rafael, CA 94901
Furnished
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209 1st St
2 to 3 Bedroom Apartments

209 1st St

209 1st StSan Rafael, CA 94901

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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171 Novato St
1 to 3 Bedroom Apartments

171 Novato St

171 Novato StSan Rafael, CA 94901
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163 Novato St
1 to 3 Bedroom Apartments

163 Novato St

163 Novato StSan Rafael, CA 94901
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247 D St
2 Bedroom Apartments

247 D St

247 D StSan Rafael, CA 94901
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118 Ross St
1 Bedroom Apartments

118 Ross St

118 Ross StSan Rafael, CA 94901
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Marina Apartments
1 Bedroom Apartments

Marina Apartments

55 Bahia WaySan Rafael, CA 94901
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1476 Lincoln
1 Bedroom Apartments

1476 Lincoln

1476 Lincoln AveSan Rafael, CA 94901
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Beverly Apartments
1 to 2 Bedroom Apartments

Beverly Apartments

83 Woodland AveSan Rafael, CA 94901
  • Utilities Included

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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Camelot Apartments
1 to 3 Bedroom Apartments

Camelot Apartments

61 Novato StSan Rafael, CA 94901
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Franciscan Manor
2 Bedroom Apartments

Franciscan Manor

201 D StSan Rafael, CA 94901
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Bayo Vista Apartments
1 to 3 Bedroom Apartments

Bayo Vista Apartments

100 Bayo Vista WaySan Rafael, CA 94901
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West End Apartments
1 Bedroom Apartments

West End Apartments

1827 2nd StSan Rafael, CA 94901
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Park Hill
Studio to 1 Bedroom Apartments

Park Hill

1747 Lincoln AveSan Rafael, CA 94901

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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415 Mission Ave
1 to 2 Bedroom Apartments

415 Mission Ave

415 Mission AveSan Rafael, CA 94901
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The Gables
2 Bedroom Apartments

The Gables

52-67 Lower Via CasitasLarkspur, CA 94904
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Bon Air Apartments
Studio to 3 Bedroom Apartments

Bon Air Apartments

31 Corte OrtegaGreenbrae, CA 94904
  • Utilities Included

Canal Waterfront, San Rafael, CA Local Guide

Cheapest Available Canal Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Canal Waterfront area of San Francisco, CA is a Studio unit found at 215 Bayview Apartments priced from $1,950. One55 Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,184. Here are the most affordable Canal Waterfront apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
215 Bayview ApartmentsStudioStudio,1BA$1,950
One55 LoftsOne Bedroom Loft1BR,1BA$2,184
Sommerhill Townhouses1 bd1BR,1BA$2,200
Park Hill1X1ARStudio,1BA$2,395
West End VillasPlan 71BR,1BA$2,550
Lone Palm Court ApartmentsTwo bedroom2BR,1BA$2,600
Rafael Town Center Apartments1 Bedroom 1A1BR,1BA$2,658

Best Value Apartments for Rent in Canal Waterfront, CA

As of July 03, 2025 the best value apartment in the Canal Waterfront area is the $0.57 price per square foot 806 E St Model at 806 E St, Unit A in the in the West End San Rafael neighborhood starting from $1,250. The second greatest value Canal Waterfront apartment is the 2 Bedroom 2 Bathroom with Den Model at 33 North Apartments starting at $4,095 with a $2.02 price per square foot in the Black Canyon neighborhood. Here is today’s list of the best values for Canal Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
806 E St, Unit A806 E St2BR,2BA$0.57
33 North Apartments2 Bedroom 2 Bathroom with Den2BR,2BA$2.02
Via Holon Apartments2 Beds, 2 baths2BR,2BA$2.52
Lone Palm Court ApartmentsTwo bedroom2BR,1BA$2.74
Serenity at LarkspurMariner2BR,2BA$3.91
Skylark Apartments1x11BR,1BA$3.61
Aqua Terra Apartments2x22BR,2BA$3.97
One55 LoftsTwo Bedroom2BR,2BA$3.31
Larkspur CourtsEmerald1BR,1BA$4.36
Sommerhill Townhouses1 bd1BR,1BA$3.26

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Canal Waterfront, San Rafael, CA

Ranked #33

Among neighborhoods in San Rafael, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across California including Canal Waterfront, San Rafael, and the greater San Francisco area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, multifamily communities for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Canal Waterfront Neighborhood in San Rafael, CA

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Canal Waterfront Apartments

What is a cheap apartment in Canal Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Canal Waterfront is under $2,658.

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

The cheapest apartment in Canal Waterfront is One55 Lofts which is listed at $2,184, while the average apartment in Canal Waterfront costs $8,475.

What types of apartments are the cheapest in Canal 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 15 regular apartments in Canal 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 Canal Waterfront?

Cheap apartments in Canal Waterfront have an average cost of $675 which is $7,800 cheaper than the average rent for all rentals in Canal Waterfront.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.