
Cheap Apartments for Rent in the Canal Waterfront Neighborhood of San Rafael, CA from $1,500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Canal Waterfront area of San Rafael.


1 H St

215 Bayview Apartments

Total Monthly Price
214 Bayview St, Unit 5

One55 Lofts

The Meridian

San Rafael Rotary Manor
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Marina Apartments

1476 Lincoln

21 Merrydale Apartments

Park Hill

Sommerhill Townhouses

Rafael Town Center Apartments

West End Apartments
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Canal Waterfront, San Rafael, CA Local Guide

How much does it cost to rent an apartment in Canal Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canal Waterfront Studio Apartments | $2,321 | $1,795 | $3,299 |
| Canal Waterfront 1 Bedroom Apartments | $3,046 | $1,995 | $7,284 |
| Canal Waterfront 2 Bedroom Apartments | $3,635 | $2,600 | $5,675 |
| Canal Waterfront 3 Bedroom Apartments | $4,456 | $3,603 | $5,555 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Canal Waterfront Neighborhood of San Rafael, CA.
See all Apartments in San RafaelExplore San Rafael
Canal Waterfront, San Rafael, CA Local Guide
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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 1 H St priced from $1,895. 215 Bayview Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,950. Here are the most affordable Canal Waterfront apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1 H St | Studio | Studio,1BA | $1,895 |
| 215 Bayview Apartments | Studio | Studio,1BA | $1,950 |
| Clock Tower Apartments | 1 Br 1 Ba | 1BR,1BA | $1,995 |
| Park Hill | 1x1A | 1BR,1BA | $2,185 |
| One55 Lofts | Studio | Studio,1BA | $2,204 |
Best Value Apartments for Rent in Canal Waterfront, CA
As of February 22, 2026 the best value apartment in the Canal Waterfront area is the $2.64 price per square foot 2 bedroom 2 bath Model at Prospect Hill Apartments in the in the Black Canyon neighborhood starting from $2,900. The second greatest value Canal Waterfront apartment is the 2 Bedroom 2D Model at Rafael Town Center Apartments starting at $3,591 with a $3.36 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prospect Hill Apartments | 2 bedroom 2 bath | 2BR,2BA | $2.64 |
| Rafael Town Center Apartments | 2 Bedroom 2D | 2BR,2BA | $3.36 |
| The Meridian | 3x2 | 3BR,2BA | $3.43 |
| Lone Palm Court Apartments | Two bedroom | 2BR,1BA | $2.74 |
| 1 H St | 1 bedroom | 2BR,1BA | $3.59 |
| 451 Via Casitas | 1 Br 1 Ba | 1BR,1BA | $3.53 |
| West End Villas | Plan 8 | 2BR,1BA | $4.13 |
| 190 Union St, Unit B | 190 Union St | 1BR,1BA | $3.13 |
| Woodlark Residences | 1 Bedroom 1 Bathroom | 1BR,1BA | $4.07 |
| Clock Tower Apartments | 1 Br 1 Ba | 1BR,1BA | $2.85 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 LifestyleCanal Waterfront, San Rafael, CA
Ranked #6
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Canal Waterfront, San Rafael, CA
Laurel Dell Elementary
James B. Davidson Middle
School data provided by Great Schools
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!
Frequently Asked Questions about Cheap Canal Waterfront Apartments
What is the Cheapest Studio apartment in Canal Waterfront?
Currently the most affordable Cheap Studio Apartment in Canal Waterfront is at 1 H St listed at $1,895.
How much is rent for a Cheap One Bedroom Canal Waterfront Apartment?
The lowest price for a Cheap One Bedroom Canal Waterfront Apartment is $1,995 at Clock Tower Apartments.
What is the lowest price for a Cheap Two Bedroom Canal Waterfront Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Canal Waterfront is starting from $2,600 at Lone Palm Court Apartments.
What is the most affordable Canal Waterfront Three Bedroom Apartment?
The best deal on a cheap Canal Waterfront Three Bedroom Apartment rental is at The Meridian and starts from $3,603.
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 San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent
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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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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.

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Articles, How-To's, and Tips

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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.