
Cheap Homes for Rent in Central Waterfront Neighborhood of Seattle, WA from $1,400 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Waterfront area of Seattle.


Total Monthly Price
2324 1st Ave, Unit SI FL5-ID677

712 E Denny Way, Unit 403

108 5th Ave S

1323 Boren Ave

300 10th Ave

Total Monthly Price
408 Aurora Ave N, Unit SI FL7-ID74

Total Monthly Price
1820 Minor Ave, Unit SI FL6-ID1018

1620 Belmont Ave, Unit 529
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
62 Cedar St, Unit SI FL3-ID658

124 Warren Ave N

1323 Boren Ave

98 Union St

2504 Western Ave

2201 3rd Ave

Total Monthly Price
1820 Minor Ave, Unit SI FL2-ID1014

Total Monthly Price
120 Broadway-SI FL3-ID540, Unit SI FL3-ID540

450 South Main St, Unit 413
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1221 Minor Ave

2911 2nd Ave

76 Cedar St

1808 Minor Ave

Total Monthly Price
1820 Minor Ave, Unit SI FL6-ID1017

1000 Union St

Total Monthly Price
62 Cedar St, Unit SI FL4-ID657

Total Monthly Price
590 1st Ave S, Unit SI FL5-ID157

22 John St
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Total Monthly Price
1427 11th Ave, Unit SI FL5-ID783

Total Monthly Price
303 Battery St, Unit SI FL2-ID762

Total Monthly Price
120 Broadway-SI FL3-ID541, Unit SI FL3-ID541

Total Monthly Price
101 Taylor Ave N, Unit SI FL8-ID594

Total Monthly Price
123 Broadway-SI FL5-ID826, Unit SI FL5-ID826

2414 1st Ave

590 1st Ave S

321 10th Ave S

1105 Spring St
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Central Waterfront, Seattle, WA Local Guide

How much does it cost to rent a home in Central Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Waterfront 2 Bedroom Homes for Rent | $3,379 | $2,000 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 36 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 Hotel priced from $610. Milwaukee Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Central Waterfront apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alps Hotel | Studio 1 Bath | Studio,1BA | $610 |
| Milwaukee Apartments | 1 Bed 1 Bath | 1BR,1BA | $735 |
| The Windham Apartments | Pike | Studio,1BA | $755 |
| Alcove First Hill | Studio Basement - MFTE | Studio,1BA | $812 |
| Lincoln Court | S | Studio,1BA | $825 |
| Melrose | 30%S | Studio,1BA | $825 |
| Larned | S | Studio,1BA | $825 |
| 422 11th Ave - Amazing Studios! | Studio MFTE | Studio,1BA | $832 |
| Hong Kong Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $835 |
| 423 Terry | S Standard | Studio,1BA | $850 |
Best Value Apartments for Rent in Central Waterfront, WA
As of June 13, 2026 the best value apartment in the Central Waterfront area is the $1.99 price per square foot 2BR/2.0BA Model at Portico on Terrace Apartments in the in the Downtown Seattle neighborhood starting from $1,995. The second greatest value Central Waterfront apartment is the 1 Bedroom 1 Bath Model at Hong Kong Apartments starting at $835 with a $1.16 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. |
|---|---|---|---|
| Portico on Terrace Apartments | 2BR/2.0BA | 2BR,2BA | $1.99 |
| Hong Kong Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.16 |
| Washington Terrace Senior Affordable Apartments | B1 | 2BR,1BA | $2.15 |
| Sheridan Apartments | 1 bedroom, 1 bath | 1BR,1BA | $2.38 |
| Stewart Court Apartments | 1 Bedroom - 60% AMI | 1BR,1BA | $2.20 |
| John Wallace Apartments | 102 | 1BR,1BA | $2.25 |
| Denny Park Apartments | Studio | Studio ,1BA | $1.85 |
| Uncle Bob's Place | Studio | Studio ,1BA | $2.12 |
| The Windham Apartments | Alki | Studio ,1BA | $2.01 |
| Milwaukee Apartments | 1 Bed 1 Bath | 1BR,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.
Read ArticleSeattle 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.
Read ArticlePicking 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
Read ArticleReal 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.
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 LifestyleCentral Waterfront, Seattle, WA
Ranked #4
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Central Waterfront
What type of rentals are currently available in Central Waterfront?
There are currently 813 Apartments for Rent in Central Waterfront, WA with pricing that ranges from $615 to $31,995. There are also 178 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Waterfront ranging from $1,450 to $4,500.
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 $1,450 to $4,500 with an average monthly rent of $2,532.
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

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.

Picking the Perfect Seattle Neighborhood for College Life
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

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.

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.
Articles, How-To's, and Tips

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.