Cheap Homes for Rent in the Central Waterfront Neighborhood of Seattle, WA from $1,395 (45 Rentals)

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

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Moving to the Seattle metro area? Explore our expert's guide to the best nearby cities for renters, including Redmond, Kirkland, and Renton. Find the right fit for your budget and commute. Check Availability today!

property at 700 E Denny Way
$1,650 - $3,045
Studio To 2 Bedroom Rentals
Available Now
Affordability

700 E Denny Way

SeattleWA98122
property at 2440 Western Ave
$1,700

Total Monthly Price

Base Rent$1,700

Total Monthly Price$1,700
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

2440 Western Ave, Unit 506

2440 Western Ave
SeattleWA98121
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

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property at 668 S Lane St
$1,750

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
1 Bedroom, 1 Bath Condo for Rent
Available Oct 5
Affordability

668 S Lane St, Unit Seattle 312

668 S Lane St
SeattleWA98104
property at 2801 1st Ave
$1,790

Total Monthly Price

Base Rent$1,790

Total Monthly Price$1,790
Studio, 1 Bath Condo for Rent
Available Now
Affordability

2801 1st Ave, Unit 1115

2801 1st Ave
SeattleWA98121
  • Smoke Free
property at 819 Virginia St
$1,849 - $4,200
Studio To 2 Bedroom Rentals
Available Now
Affordability

819 Virginia St

SeattleWA98101

The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle

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property at 1105 Spring St
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1105 Spring St, Unit 609

1105 Spring St
SeattleWA98104
property at 1808 Minor Ave
$1,850 - $4,495
Studio To 2 Bedroom Rentals
Available Now
Affordability

1808 Minor Ave

SeattleWA98101

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

property at 400 Boylston Ave E
$1,995

Total Monthly Price

Base Rent$1,995

Total Monthly Price$1,995
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

400 Boylston Ave E, Unit 102

400 Boylston Ave E
SeattleWA98102
  • Smoke Free
property at 321 Boylston Ave E
$2,000 - $2,399
Studio To 2 Bedroom Rentals
Available Now
Affordability

321 Boylston Ave E

SeattleWA98102

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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 $610. 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$610
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$699
The Windham ApartmentsAlkiStudio,1BA$755
Oregon ApartmentsStudio A - 30% AMIStudio,1BA$799
Lincoln CourtSStudio,1BA$825
Melrose30%SStudio,1BA$825
Soleil0/1.0Studio,1BA$825
Manchester Arms0BR/1.0BAStudio,1BA$825
Hong Kong Apartments1 Bedroom 1 Bath1BR,1BA$835

Best Value Apartments for Rent in Central Waterfront, WA

As of September 12, 2026 the best value apartment in the Central Waterfront area is the $1.95 price per square foot 2 Bed 1 Bath Townhome Model at Hong Kong Apartments in the in the Downtown Seattle neighborhood starting from $1,740. The second greatest value Central Waterfront apartment is the 1BR/1.0BA Model at Oxford Crest Apartments starting at $1,425 with a $1.93 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.
Hong Kong Apartments2 Bed 1 Bath Townhome2BR,1BA$1.95
Oxford Crest Apartments1BR/1.0BA1BR,1BA$1.93
Bellevue Manor ApartementsBMA - 1 bed, 1 bath 650 SF1BR,1BA$2.35
Denny Park ApartmentsStudioStudio ,1BA$1.85
Sheridan ApartmentsStudioStudio ,1BA$1.81
Uncle Bob's PlaceStudioStudio ,1BA$2.12
100 on 6thOne Bedroom B1BR,1BA$2.34
St.Ingbert ApartmentsStudioStudio ,1BA$2.11
The Windham ApartmentsAlkiStudio ,1BA$2.01
Milwaukee Apartments1 Bed 1 Bath1BR,1BA$2.33

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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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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Central Waterfront, Seattle, WA

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Central Waterfront

What type of rentals are currently available in Central Waterfront?

There are currently 814 Apartments for Rent in Central Waterfront, WA with pricing that ranges from $660 to $23,969. There are also 165 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Waterfront ranging from $1,395 to $4,900.

What is the current price range for Rental Homes in Central Waterfront?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Waterfront ranges from $1,395 to $4,900 with an average monthly rent of $2,439.

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

decorative image for Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters article

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Written by: Sharon Stallings

Greetings! I’m Sharon, your ApartmentHomeLiving.com guide, local expert for Seattle. We find the best balance of livability and affordability using our local expertise.

decorative image for Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City article

Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City

Written by: Sharon Stallings

Greetings! I’m Sharon, your local Seattle expert at ApartmentHomeLiving.com. If you’re looking for short-term rentals, I can help you make an informed choice.

decorative image for The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle article

The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.

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

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

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.