Cheap Apartments for Rent in the Southwest Waterfront Neighborhood of Washington, DC from $1,100 (65 Rentals)

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

property at 1435 4th St SW

$1,500 - $1,750

Studio Rentals

Available Now

1435 4th St SW

WashingtonDC20024

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.

property at 1435 4th St SW

$1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

Studio, 1 Bath Condo for Rent

Available Now

1435 4th St SW, Unit B217

1435 4th St SW
WashingtonDC20024
property at 1250 4th St SW

$1,500 - $2,299

Studio To 1 Bedroom Rentals

Available Now

1250 4th St SW

WashingtonDC20024
property at 800 4th St SW

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

Studio, 1 Bath Condo for Rent

Available Now

800 4th St SW, Unit S503

800 4th St SW
WashingtonDC20024
property at 350 G St SW

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

Studio, 1 Bath Condo for Rent

Available Now

350 G St SW, Unit N123

350 G St SW
WashingtonDC20024
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Modern on M
Rent Specials
$1,731 - $6,228
Total Monthly Price

Total Monthly Price

Base Rent
$1,731 - $6,228

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Modern on M

465 M St SWWashington, DC 20024
Corporate Housing
  • Verified
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  • 3D Tour

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.

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The Byron
Rent Specials
$1,740 - $7,516
Total Monthly Price

Total Monthly Price

Base Rent
$1,740 - $7,516

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Byron

101 V St SWWashington, DC 20024
Affordability
  • Verified
  • Customer Reviewed
property at 1211 Van St SE

$1,750 - $4,200

Studio To 2 Bedroom Rentals

Available Now

1211 Van St SE

WashingtonDC20003
property at 1425 4th St SW

$1,825

Studio, 1 Bath Condo for Rent

Available Aug 1

1425 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.

property at 1425 4th St SW

$1,825

Studio, 1 Bath Condo for Rent

Available Aug 1

1425 4th St SW

WashingtonDC20024
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Gallery 64
Rent Specials
$1,848 - $8,616
Total Monthly Price

Total Monthly Price

Base Rent
$1,848 - $8,616

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Gallery 64

64 H St SWWashington, DC 20024
Transit Friendly
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  • Customer Reviewed
  • 3D Tour
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The Westerly
Rent Specials
$1,857 - $5,360
Total Monthly Price

Total Monthly Price

Base Rent
$1,857 - $5,360

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Westerly

350 Maple Dr SWWashington, DC 20024
Transit Friendly
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  • 3D Tour
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Venture on I
Rent Specials
$1,891 - $3,707
Total Monthly Price

Total Monthly Price

Base Rent
$1,891 - $3,707

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Venture on I

60 I St SWWashington, DC 20024
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property at 800 4th St SW

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Now

800 4th St SW, Unit N117

800 4th St SW
WashingtonDC20024

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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Everly
Rent Specials
$1,990 - $5,807
Total Monthly Price

Total Monthly Price

Base Rent
$1,990 - $5,807

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Everly

2000 2nd St SWWashington, DC 20024
Affordability
  • Verified
  • Customer Reviewed
property at 37 L St SE

$2,095 - $4,000

1 To 2 Bedroom Rentals

Available Now

37 L St SE

WashingtonDC20003
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MDXL Flats
1 to 4 Bedroom Apartments

MDXL Flats

1530 1st St SWWashington, DC 20024
  • Utilities Included
property at 240 M St SW

$1,500 - $1,940

Studio To 1 Bedroom Rentals

Available Now

240 M St SW

WashingtonDC20024
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Capitol Park Tower
Studio to 3 Bedroom Apartments

Capitol Park Tower

301 G St NWWashington, DC 20024
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
MDL FlatsA71BR,1BA$1,323
Channel Square ApartmentsStudioStudio,1BA$1,350
MDXL FlatsB42BR,2BA$1,458
Reflections at the WharfX05-SStudio,1BA$1,599
Watermark at Buzzard PointS2Studio,1BA$1,606
RiverpointSTA3Studio,1BA$1,636
Waterside TowersTower (Efficiency)Studio,1BA$1,699
MarenS1AStudio,1BA$1,729
Modern on MStudio-S05 ClassicStudio,1BA$1,731
West Half1 Bedroom - 1 Bath | Aj11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eliot on 4thB052BR,2BA$3.70
MDXL FlatsB42BR,2BA$1.45
The Lex at WaterfrontTwo Bedroom Two Bath- Lex2BR,2BA$3.08
Valo ApartmentsJr. One Bedroom1BR,1BA$3.33
Waterside TowersTower (Efficiency)Studio ,1BA$2.83
Modern on M1 Bed/1 Bath-A03 Modern1BR,1BA$3.53
Channel Square Apartments1 Bedroom Townhome1BR,1BA$3.54
Capitol Park Plaza and TwinsStudio 1 BathStudio ,1BA$3.60
Watermark at Buzzard PointS2Studio ,1BA$3.89
MDL FlatsPH041BR,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.

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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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Real 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.

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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 #41

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 $1,734.

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.

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