Cheap Apartments for Rent in the Southwest Waterfront Neighborhood of Washington, DC from $1,000 (56 Rentals)

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

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

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property at 800 4th St SW

$1,695 - $2,300

Studio To 1 Bedroom Rentals

Available Now

800 4th St SW

WashingtonDC20024

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.

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Washington's Best Affordable Neighborhoods

Learn about Washington and the best places to live with original content written by Local Expert Steve Lilly

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MDXL Flats
1 to 4 Bedroom Apartments

MDXL Flats

1530 1st St SWWashington, DC 20024
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1001 @ Waterfront
Studio to 2 Bedroom Apartments

1001 @ Waterfront

1001 3rd St SWWashington, DC 20024
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Capitol Park Tower
Studio to 3 Bedroom Apartments

Capitol Park Tower

301 G St NWWashington, DC 20024
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Verge
Studio to 2 Bedroom Apartments

Verge

1800 Half St SWWashington, DC 20024
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Seventy1Hundred
Studio to 2 Bedroom Apartments

Seventy1Hundred

70 Eye St SEWashington, DC 20003

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

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. Capitol Park Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Southwest Waterfront apartments for rent in Washington, DC:

Apartment ListingModel NameBed/BathPriced From
555Senior Housing S4Studio,1BA$1,246
Capitol Park TowerStudioStudio,1BA$1,400
Lex and Leo at Waterfront StationAffordable Studio ADU-LexStudio,1BA$1,489
Lex and Leo at Waterfront StationAffordable Studio ADU-LeoStudio,1BA$1,489
Watermark at Buzzard PointS4Studio,1BA$1,579
VergeS3AStudio,1BA$1,594
Modern on MStudio-S02 ModernStudio,1BA$1,599
RiverpointSTA3Studio,1BA$1,630
The KelvinStudio-HS1Studio,1BA$1,664
1221 VanStudio | S02Studio,1BA$1,667

Best Value Apartments for Rent in Southwest Waterfront, DC

As of January 13, 2026 the best value apartment in the Southwest Waterfront area is the $3.16 price per square foot 909- B5 Model at 909 in the in the Southwest Washington neighborhood starting from $4,200. The second greatest value Southwest Waterfront apartment is the B1.20 Model at 1000 South Capitol starting at $3,851 with a $2.94 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.
909909- B52BR,2BA$3.16
1000 South CapitolB1.202BR,2BA$2.94
1425 4th St SW, Unit 7121425 4th St SW2BR,2BA$3.46
603 G St SW, Unit BasementFurnishedAPT603 G St SW1BR,1BA$2.27
Seventy1Hundred Capitol Yards70-A31BR,1BA$3.22
Waterside TowersGarden (1 Bedroom Outside)1BR,1BA$2.84
The KileyAnthem A1BR,1BA$3.11
Capitol Park Tower1 Bedroom1BR,1BA$2.92
Hill HouseStandard EfficencyStudio ,1BA$3.42
Modern on M1 Bed/1 Bath-A11 Classic1BR,1BA$3.47

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Rent 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.

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Quick 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.

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Pet Friendly Lifestyle
Southwest Waterfront, Washington, DC

Ranked #35

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 $1,667.

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

The cheapest apartment in Southwest Waterfront is Lex and Leo at Waterfront Station which is listed at $1,639, while the average apartment in Southwest Waterfront costs $5,198.

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 461 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 $1,275 which is $3,923 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

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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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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.

decorative image for The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers article

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!