
Cheap Apartments for Rent in the Central Waterfront Neighborhood of Seattle, WA from $600 (231 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Waterfront area of Seattle.


Josephinum Apartments

422 11th Ave - Amazing Remodeled Studios!

Union Plaza Apartments

423 Terry Apartments in the Heart of First Hill

Sheridan Apartments

Cambridge Apartments
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.

Stratford on 4th

100 on 6th

Washington Terrace Senior Affordable Apartments

Viewmont Apartments

Uncle Bob's Place

Hudson House

Bode Uptown

Capitol Building Apartments
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.

Zindorf Apartments

Encore Belltown Apartments

Bellevue Place Apartments

Clearwater Apartments - Star Apartments

Gridline

The Rise on Madison - Affordable Housing
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.

The Humphrey

Moda

Charming 1-Bedroom in Capitol Hill

The Cornelius Apartments

Ellis Court Apartments

Rialto Court Apartments

John Winthrop Apartments

408 7th Ave N

BEAM
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.

Sixth & Pine Building

Stockbridge Apartment Homes

Monticello Apartments

Union Arms

Quintessa Apartments

1811 Summit Ave
Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

Thai Binh Apartments
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 | $1,879 | $675 | $7,107 |
Central Waterfront 1 Bedroom Apartments | $2,747 | $835 | $9,325 |
Central Waterfront 2 Bedroom Apartments | $4,500 | $1,299 | $10,000+ |
Central Waterfront 3 Bedroom Apartments | $10,690 | $2,272 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 231 rentals with your search options within a 1 mile radius of the Central Waterfront Neighborhood of Seattle, WA.
See all Apartments in SeattleExplore Seattle
Central Waterfront, Seattle, WA Local Guide
- Nearby Seattle neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $675. Luna Mia Co-Living Studios has the second lowest priced unit, which is a Studio apartment currently listed from $750. 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 | $675 |
Luna Mia Co-Living Studios | SRO | Studio,1BA | $750 |
Oregon Apartments | Studio A - 30% AMI | Studio,1BA | $804 |
422 11th Ave - Amazing Remodeled Studios! | Studio MFTE | Studio,1BA | $812 |
Larned | S | Studio,1BA | $825 |
Lincoln Court | S | Studio,1BA | $825 |
Melrose | 30%S | Studio,1BA | $825 |
Towne Apartments | Efficiency Studio | Studio,1BA | $850 |
Holiday Apartments | 1B | 1BR,1BA | $883 |
Union Plaza Apartments | Studio | Studio,1BA | $895 |
Best Value Apartments for Rent in Central Waterfront, WA
As of July 25, 2025 the best value apartment in the Central Waterfront area is the $2.40 price per square foot 1BR/1.0BA Model at Quiet and Charming Tudor in Cap Hill! in the in the Downtown Seattle neighborhood starting from $1,800. The second greatest value Central Waterfront apartment is the 1BR/1.0BA Model at 424 Summit starting at $1,595 with a $2.45 price per square foot in the Capitol Hill 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. |
---|---|---|---|
Quiet and Charming Tudor in Cap Hill! | 1BR/1.0BA | 1BR,1BA | $2.40 |
424 Summit | 1BR/1.0BA | 1BR,1BA | $2.45 |
600 Ninth | HT1A | 1BR,1BA | $2.40 |
Sheridan Apartments | Studio | Studio ,1BA | $1.81 |
Uncle Bob's Place | Studio | Studio ,1BA | $2.15 |
Capitol Building Apartments | Studio | 1BR,1BA | $2.37 |
Stratford on 4th | 0BR/1.0BA | Studio ,1BA | $2.19 |
Louisa Hotel | Studio Apartments | Studio ,1BA | $2.58 |
Charlesgate | Studio | Studio ,1BA | $2.20 |
Cambridge Apartments | Studio - 60% AMI | Studio ,1BA | $2.50 |
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.
Pet Friendly LifestyleCentral Waterfront, Seattle, WA
Ranked #4
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 the Cheapest Studio apartment in Central Waterfront?
Currently the most affordable Cheap Studio Apartment in Central Waterfront is at Alps Apartments listed at $675.
How much is rent for a Cheap One Bedroom Central Waterfront Apartment?
The lowest price for a Cheap One Bedroom Central Waterfront Apartment is $825 at Alps Apartments.
What is the lowest price for a Cheap Two Bedroom Central Waterfront Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Waterfront is starting from $1,060 at Holiday Apartments.
What is the most affordable Central Waterfront Three Bedroom Apartment?
The best deal on a cheap Central Waterfront Three Bedroom Apartment rental is at The Rise on Madison - Affordable Housing and starts from $2,272.
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
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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.

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.

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.