
Cheap Apartments for Rent in the Southwest Waterfront Neighborhood of Washington, DC from $1,100 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Waterfront area of Washington.


Room in Shared 7 bed/3.5 bath home, Unit F

Room in Shared 7 bed/4 bath home, Unit A

MDL Flats

Room in Shared 7 bed/3.5 bath home, Unit E

Channel Square Apartments

Total Monthly Price
Watermark at Buzzard Point

Room in Shared 7 bed/4 bath home, Unit G

Room in Shared 7 bed/4 bath home, Unit C

1435 4th St SW
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

1435 4th St SW, Unit B217

Reflections at the Wharf

Riverpoint

1250 4th St SW

Leo at Waterfront

West Half

800 4th St SW, Unit S503

350 G St SW, Unit N123

Waterside Towers

Total Monthly Price
Modern on M
The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Renting in the D.C. area? Explore Takoma, Brookland, Glover Park, Charles Village, and more. Find a convenient, high-quality home near your major employer.

Total Monthly Price
The Byron

Capitol Park Plaza and Twins

1311 Delaware Ave SW

1211 Van St SE

J.COOPERS ROW

The Kiley

800 4th St SW, Unit N725

1425 4th St SW

1425 4th St SW, Unit 317

1425 4th St SW
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1425 4th St SW

1425 4th St SW

Valo Apartments

Total Monthly Price
Gallery 64

Total Monthly Price
The Westerly

Total Monthly Price
949 1st St SE, Unit SI FL5-ID733

Total Monthly Price
Venture on I

Coda on Half | Luxury Navy Yard / SE DC Apartments for Rent | A Placemakr Experience

800 4th St SW, Unit N117

800 4th St SW, Unit N117
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.

Total Monthly Price
949 1st St SE, Unit SI FL10-ID300

Artline Apartments

Total Monthly Price
Everly

The Lex at Waterfront

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70 I St SE, Unit SI FL6-ID879

37 L St SE

Total Monthly Price
70 I St SE, Unit SI FL8-ID882

MDXL Flats

240 M St SW

Capitol Park Tower
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.
Southwest Waterfront, Washington, DC Local Guide

How much does it cost to rent an apartment in Southwest Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Waterfront Studio Apartments | $1,985 | $1,350 | $2,749 |
| Southwest Waterfront 1 Bedroom Apartments | $2,474 | $1,323 | $5,275 |
| Southwest Waterfront 2 Bedroom Apartments | $3,897 | $1,676 | $8,571 |
| Southwest Waterfront 3 Bedroom Apartments | $4,305 | $1,501 | $10,000+ |
| Southwest Waterfront 4 Bedroom Apartments | $1,510 | $1,266 | $1,776 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 2 mile radius of the Southwest Waterfront Neighborhood of Washington, DC.
See all Apartments in WashingtonExplore Washington
Southwest Waterfront, Washington, DC Local Guide
- Nearby Washington neighborhoods
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Cheapest Available Southwest Waterfront Apartments for Rent
 The cheapest available apartment rental in the Southwest Waterfront area of Washington, DC is a 1 Bed unit found at MDL Flats priced from $1,323. Channel Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Southwest Waterfront apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MDL Flats | A7 | 1BR,1BA | $1,323 |
| Channel Square Apartments | Studio | Studio,1BA | $1,350 |
| MDXL Flats | B4 | 2BR,2BA | $1,458 |
| Reflections at the Wharf | X05-S | Studio,1BA | $1,599 |
| Watermark at Buzzard Point | S2 | Studio,1BA | $1,606 |
| Riverpoint | STA3 | Studio,1BA | $1,636 |
| Waterside Towers | Tower (Efficiency) | Studio,1BA | $1,699 |
| Maren | S1A | Studio,1BA | $1,729 |
| Modern on M | Studio-S05 Classic | Studio,1BA | $1,731 |
| West Half | 1 Bedroom - 1 Bath | Aj1 | 1BR,1BA | $1,734 |
Best Value Apartments for Rent in Southwest Waterfront, DC
As of July 16, 2026 the best value apartment in the Southwest Waterfront area is the $3.70 price per square foot B05 Model at Eliot on 4th in the in the Mall neighborhood starting from $4,215. The second greatest value Southwest Waterfront apartment is the B4 Model at MDXL Flats starting at $1,458 with a $1.45 price per square foot in the Southwest Washington neighborhood. Here is today’s list of the best values for Southwest Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eliot on 4th | B05 | 2BR,2BA | $3.70 |
| MDXL Flats | B4 | 2BR,2BA | $1.45 |
| The Lex at Waterfront | Two Bedroom Two Bath- Lex | 2BR,2BA | $3.08 |
| Valo Apartments | Jr. One Bedroom | 1BR,1BA | $3.33 |
| Waterside Towers | Tower (Efficiency) | Studio ,1BA | $2.83 |
| Modern on M | 1 Bed/1 Bath-A03 Modern | 1BR,1BA | $3.53 |
| Channel Square Apartments | 1 Bedroom Townhome | 1BR,1BA | $3.54 |
| Capitol Park Plaza and Twins | Studio 1 Bath | Studio ,1BA | $3.60 |
| Watermark at Buzzard Point | S2 | Studio ,1BA | $3.89 |
| MDL Flats | PH04 | 1BR,1BA | $3.83 |
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 ArticleRent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Discover the top neighborhoods for university students to rent in Washington D.C. Find affordable, convenient, and vibrant areas near major campuses on 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 LifestyleSouthwest Waterfront, Washington, DC
Ranked #41
Among cities in District of Columbia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Southwest Waterfront Apartments
What is a cheap apartment in Southwest Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Waterfront is under $1,734.
What is the price of a cheap apartment in Southwest Waterfront?
The cheapest apartment in Southwest Waterfront is MDL Flats which is listed at $1,323, while the average apartment in Southwest Waterfront costs $5,119.
What types of apartments are the cheapest in Southwest 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 219 regular apartments in Southwest 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 Southwest Waterfront?
Cheap apartments in Southwest Waterfront have an average cost of $1,334 which is $3,785 cheaper than the average rent for all rentals in Southwest 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.
Helpful Local Expert Guides

A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

Discover DC: The Insider's Guide to Renting in Our Nations Capital
Written by: Steve Lilly
Greetings from Washington, DC! I'm Stephen, your ApartmentHomeLiving.com Local Expert for Washington, and I'd love to give you the inside scoop on a city that many people only think of in terms of visiting, not living in.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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
Written by: Christine Leonard, Esq.
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.