Cheap Apartments for Rent in the Southwest Waterfront Neighborhood of Washington, DC from $1,100 (66 Rentals)

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

property at 355 I St SW

355 I St SW

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property at 800 4th St SW

800 4th St SW

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Southwest Waterfront, Washington, DC Local Guide

Cheapest Available Southwest Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Southwest Waterfront area of Washington, DC is a Studio unit found at 555 priced from $1,246. Verge has the second lowest priced unit, which is a Studio apartment currently listed from $1,587. Here are the most affordable Southwest Waterfront apartments for rent in Washington, DC:

Apartment ListingModel NameBed/BathPriced From
555Senior Housing S4Studio,1BA$1,246
VergeS1AStudio,1BA$1,587
Coda on Half | Luxury Navy Yard / SE DC Apartments for RentA2Studio,1BA$1,621
Modern on MStudio-S06 ClassicStudio,1BA$1,649
The BanksStudio-A5.1Studio,1BA$1,657
Seventy1Hundred70-S2Studio,1BA$1,668
RiverpointSTA3Studio,1BA$1,670
The ChannelStudio-C-OCStudio,1BA$1,696
Insignia On MStudio-S02Studio,1BA$1,704
Capitol Park Plaza And TwinsStudioStudio,1BA$1,722

Best Value Apartments for Rent in Southwest Waterfront, DC

As of October 13, 2025 the best value apartment in the Southwest Waterfront area is the $3.85 price per square foot B12 Model at 555 in the in the Mall neighborhood starting from $4,100. The second greatest value Southwest Waterfront apartment is the Jr. Two Bedroom Model at Valo Apartments starting at $2,985 with a $3.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
555B122BR,2BA$3.85
Valo ApartmentsJr. Two Bedroom2BR,2BA$3.43
1425 4th St SW, Unit 7121425 4th St SW2BR,2BA$3.58
Waterside TowersTower (1 Bedroom)1BR,1BA$2.49
Onyx on FirstB82BR,2BA$3.72
Ore 82One Bedroom One Bath (608 SF)1BR,1BA$3.67
Seventy1Hundred Capitol Yards100-S4Studio ,1BA$3.03
Hill HouseStandard EfficencyStudio ,1BA$3.42
Seventy1Hundred70-S2Studio ,1BA$3.15
Capitol Park Plaza And TwinsStudioStudio ,1BA$3.55

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Pet Friendly Lifestyle
Southwest Waterfront, Washington, DC

Ranked #24

Among cities in District of Columbia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,722.

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

The cheapest apartment in Southwest Waterfront is Modern on M which is listed at $1,803, while the average apartment in Southwest Waterfront costs $5,454.

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 417 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 $1,273 which is $4,181 cheaper than the average rent for all rentals in Southwest Waterfront.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.