
Cheap Apartments for Rent in the Southwest Waterfront Neighborhood of Washington, DC from $1,100 (61 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/3.5 bath home, Unit A

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

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

MDL Flats

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

Channel Square Apartments

Total Monthly Price
Watermark at Buzzard Point

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

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

1311 Delaware Ave SW

430 M St SW

Total Monthly Price
Modern on M

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

Riverpoint

Reflections at the Wharf

1435 4th St SW, Unit B217

1101 3rd St SW

Leo at Waterfront
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.

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

J.COOPERS ROW

Maren

800 4th St SW, Unit S503

800 4th St SW

800 4th St SW, Unit S207

350 G St SW, Unit N403

Capitol Park Plaza and Twins

Total Monthly Price
Gallery 64

1435 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.

Valo Apartments

350 G St SW, Unit N123

355 I St SW, Unit 203

1211 Van St SE

Total Monthly Price
The Byron

The Kiley

Total Monthly Price
The Westerly

Total Monthly Price
Venture on I

Waterside Towers

Total Monthly Price
949 1st St SE, Unit SI FL5-ID733
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 FL4-ID264

1301 Delaware Ave SW, Unit River Park

Total Monthly Price
1221 Van

The Lex at Waterfront

Eliot on 4th

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

1211 Van St SE

MDXL Flats

1250 4th 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 | $1,905 | $1,350 | $2,655 |
| Southwest Waterfront 1 Bedroom Apartments | $2,496 | $1,323 | $5,662 |
| Southwest Waterfront 2 Bedroom Apartments | $3,743 | $1,676 | $8,571 |
| Southwest Waterfront 3 Bedroom Apartments | $3,653 | $1,501 | $9,967 |
| Southwest Waterfront 4 Bedroom Apartments | $1,618 | $1,266 | $2,436 |
Browse Apartments in this Neighborhood
There are currently 61 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 |
| Modern on M | Studio-S06 Classic | Studio,1BA | $1,509 |
| Reflections at the Wharf | X14-S | Studio,1BA | $1,545 |
| Watermark at Buzzard Point | S4 | Studio,1BA | $1,567 |
| The Channel | Studio-C-OC | Studio,1BA | $1,603 |
| Verge | S3A | Studio,1BA | $1,627 |
| Coda on Half | Luxury Navy Yard / SE DC Apartments for Rent | A Placemakr Experience | A2 | Studio,1BA | $1,654 |
| Maren | S1A | Studio,1BA | $1,686 |
| Colette | Colette S1 | Studio,1BA | $1,711 |
Best Value Apartments for Rent in Southwest Waterfront, DC
As of May 31, 2026 the best value apartment in the Southwest Waterfront area is the $3.85 price per square foot C2 Model at Watermark at Buzzard Point in the in the Southwest Washington neighborhood starting from $5,045. The second greatest value Southwest Waterfront apartment is the B05 Model at Eliot on 4th starting at $4,181 with a $3.67 price per square foot in the Mall 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. |
|---|---|---|---|
| Watermark at Buzzard Point | C2 | 3BR,2BA | $3.85 |
| Eliot on 4th | B05 | 2BR,2BA | $3.67 |
| 1301 Delaware Ave SW, Unit N812 | 1301 Delaware Ave SW | 2BR,2BA | $3.52 |
| Waterside Towers | Tower (Efficiency) | Studio ,1BA | $3.27 |
| NOVEL South Capitol | 1 Bed/1 Bath-S02 East | 1BR,1BA | $3.95 |
| Channel Square Apartments | 1 Bedroom Townhome | 1BR,1BA | $3.54 |
| Modern on M | Studio-S02 Modern | Studio ,1BA | $3.87 |
| Capitol Park Plaza and Twins | Studio 1 Bath | Studio ,1BA | $3.55 |
| Verge | S2A | Studio ,1BA | $3.80 |
| MDL Flats | PH04 | Studio ,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 #36
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 $1,711.
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 $3,574.
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 166 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 $1,036 which is $2,538 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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.