
Cheap Apartments for Rent in the Central Waterfront Neighborhood of Seattle, WA from $600 (238 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Waterfront area of Seattle.


Josephinum Apartments

Kulle Urban Living

Sheridan Apartments

Cambridge Apartments

Hudson House

Bode Uptown

Capitol Building Apartments

423 Terry Apartments in the Heart of First Hill

1419 Boylston Ave

Zindorf Apartments

Manchester Arms

Union Plaza Apartments

Encore Belltown Apartments

Dalmasso Apartments

Moda

The Rise on Madison - Affordable Housing

Monticello Apartments

Charming 1-Bedroom in Capitol Hill

Rialto Court Apartments

Ellis Court Apartments

John Winthrop Apartments

Sixth & Pine Building

Washington Terrace Senior Affordable Apartments

Quintessa Apartments

Thai Binh Apartments

Vertex Off Broadway

BEAM

Woodworth Apartments | Vibrant & Luxurious

Ovation

Novi at Queen Anne
Central Waterfront, Seattle, WA Local Guide

How much does it cost to rent an apartment in Central Waterfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Waterfront Studio Apartments | $1,763 | $600 | $3,238 |
Central Waterfront 1 Bedroom Apartments | $2,673 | $835 | $9,956 |
Central Waterfront 2 Bedroom Apartments | $4,364 | $1,035 | $10,000+ |
Central Waterfront 3 Bedroom Apartments | $9,699 | $4,016 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 238 rentals with your search options within a 1 mile radius of the Central Waterfront Neighborhood of Seattle, WA.
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Central Waterfront, Seattle, WA Local Guide
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Cheapest Available Central Waterfront Apartments for Rent
 The cheapest available apartment rental in the Central Waterfront area of Seattle, WA is a Studio unit found at Alps Apartments priced from $600. Oregon Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $757. Here are the most affordable Central Waterfront apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Alps Apartments | Micro Studio | Studio,1BA | $600 |
Oregon Apartments | Studio A - 30% AMI | Studio,1BA | $757 |
422 11th Ave - Amazing Remodeled Studios! | Studio MFTE | Studio,1BA | $775 |
Station House | S | Studio,1BA | $790 |
Luna Mia Co-Living Studios | SRO | Studio,1BA | $795 |
Alcove First Hill | Studio LVT - MFTE | Studio,1BA | $812 |
Lincoln Court | S | Studio,1BA | $825 |
Larned | S | Studio,1BA | $825 |
Towne Apartments | Efficiency Studio | Studio,1BA | $825 |
Holiday Apartments | 1B | 1BR,1BA | $883 |
Best Value Apartments for Rent in Central Waterfront, WA
As of September 08, 2025 the best value apartment in the Central Waterfront area is the $2.08 price per square foot 1BR/1.0BA Model at Lancaster in the in the Capitol Hill neighborhood starting from $1,765. The second greatest value Central Waterfront apartment is the B7 Model at Washington Terrace Senior Affordable Apartments starting at $1,399 with a $1.98 price per square foot in the Downtown Seattle neighborhood. Here is today’s list of the best values for Central Waterfront apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lancaster | 1BR/1.0BA | 1BR,1BA | $2.08 |
Washington Terrace Senior Affordable Apartments | B7 | 2BR,1BA | $1.98 |
Bellevue Place Apartments | 1BR/1.0BA | 1BR,1BA | $2.44 |
Sheridan Apartments | 1 bedroom, 1 bath | 1BR,1BA | $2.38 |
600 Ninth | HT1A | 1BR,1BA | $2.48 |
Station House | 1B | 1BR,1BA | $2.28 |
Uncle Bob's Place | Studio | Studio ,1BA | $2.12 |
Clayton Place | 0BR/1.0BA | Studio ,1BA | $2.28 |
Capitol Building Apartments | Studio | 1BR,1BA | $2.37 |
Charlesgate | Studio | Studio ,1BA | $2.30 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCentral Waterfront, Seattle, WA
Ranked #5
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Seattle, WA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, multifamily communities for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
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 $883.
What is the price of a cheap apartment in Central Waterfront?
The cheapest apartment in Central Waterfront is Alps Apartments which is listed at $825, while the average apartment in Central Waterfront costs $7,081.
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 160 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 $199 which is $6,882 cheaper than the average rent for all rentals in Central 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.

The 10 Best Affordable Neighborhoods in Seattle, WA
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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