Cheap Apartments for Rent in the Central Waterfront Neighborhood of Seattle, WA from $600 (307 Rentals)

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

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Central Waterfront, Seattle, WA Local Guide

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 Hotel priced from $600. Milwaukee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here are the most affordable Central Waterfront apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$600
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
The Windham ApartmentsPikeStudio,1BA$760
Oregon ApartmentsStudio A - 30% AMIStudio,1BA$799
Alcove First Hill - Efficient and Convenient Apartment in Alcove First HillStudio Basement - MFTEStudio,1BA$812
Lincoln CourtSStudio,1BA$825
Melrose30%SStudio,1BA$825
LarnedSStudio,1BA$825
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$832
Hong Kong Apartments1 Bedroom 1 Bath1BR,1BA$835

Best Value Apartments for Rent in Central Waterfront, WA

As of May 03, 2026 the best value apartment in the Central Waterfront area is the $1.44 price per square foot Studio Model at Uptowner Apartments in the in the Queen Anne neighborhood starting from $1,295. The second greatest value Central Waterfront apartment is the 0BR/1.0BA Model at The Broadway Building starting at $1,705 with a $2.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Uptowner ApartmentsStudioStudio ,1BA$1.44
The Broadway Building0BR/1.0BAStudio ,1BA$2.24
Alderview - 300 11th Ave1BR/1.0BA1BR,1BA$2.33
Roycroft Apartments1BR/1.0BA1BR,1BA$2.31
Portico on Terrace Apartments1BR/1.0BA1BR,1BA$2.30
Washington Terrace Senior Affordable ApartmentsB12BR,1BA$2.00
Denny Park ApartmentsStudioStudio ,1BA$1.85
Uncle Bob's PlaceStudioStudio ,1BA$2.12
Louisa HotelStudio ApartmentsStudio ,1BA$2.15
The Windham ApartmentsAlkiStudio ,1BA$2.03

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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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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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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Picking the Perfect Seattle Neighborhood for College Life

Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central Waterfront, Seattle, WA

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $835.

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

The cheapest apartment in Central Waterfront is Milwaukee Apartments which is listed at $735, while the average apartment in Central Waterfront costs $6,993.

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 191 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 $268 which is $6,725 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.

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