Cheap Homes for Rent in Southwest Waterfront Neighborhood of Washington, DC from $1,000 (27 Rentals)

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

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 1250 4th St SW

$1,500 - $1,725

Studio Rentals

Available Now

1250 4th St SW

WashingtonDC20024
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

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.

property at 1301 Delaware Ave SW

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

Studio, 1 Bath Condo for Rent

Available Now

1301 Delaware Ave SW, Unit N-602

1301 Delaware Ave SW
WashingtonDC20024
property at 355 I St SW

$1,650 - $2,750

Studio To 2 Bedroom Rentals

Available Now

355 I 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 355 I St SW

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

Studio, 1 Bath Condo for Rent

Available Now

355 I St SW, Unit S626

355 I St SW
WashingtonDC20024
property at 800 4th St SW

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

Studio, 1 Bath Condo for Rent

Available Now

800 4th St SW, Unit S207

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.

property at 350 G St SW

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

Studio, 1 Bath Condo for Rent

Available Now

350 G St SW, Unit N403

350 G St SW
WashingtonDC20024
property at 350 G St SW

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

Studio, 1 Bath Condo for Rent

Available Jun 1

350 G St SW, Unit N123

350 G St SW
WashingtonDC20024
property at 355 I St SW

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

Studio, 1 Bath Condo for Rent

Available Aug 31

355 I St SW, Unit 203

355 I 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.

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
Modern on MStudio-S06 ClassicStudio,1BA$1,509
Reflections at the WharfX14-SStudio,1BA$1,545
Watermark at Buzzard PointS4Studio,1BA$1,567
The ChannelStudio-C-OCStudio,1BA$1,603
VergeS3AStudio,1BA$1,627
Coda on Half | Luxury Navy Yard / SE DC Apartments for Rent | A Placemakr ExperienceA2Studio,1BA$1,654
MarenS1AStudio,1BA$1,686
ColetteColette S1Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Watermark at Buzzard PointC23BR,2BA$3.85
Eliot on 4thB052BR,2BA$3.67
1301 Delaware Ave SW, Unit N8121301 Delaware Ave SW2BR,2BA$3.52
Waterside TowersTower (Efficiency)Studio ,1BA$3.27
NOVEL South Capitol1 Bed/1 Bath-S02 East1BR,1BA$3.95
Channel Square Apartments1 Bedroom Townhome1BR,1BA$3.54
Modern on MStudio-S02 ModernStudio ,1BA$3.87
Capitol Park Plaza and TwinsStudio 1 BathStudio ,1BA$3.55
VergeS2AStudio ,1BA$3.80
MDL FlatsPH04Studio ,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.

Read Article
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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 #36

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 Southwest Waterfront

What type of rentals are currently available in Southwest Waterfront?

There are currently 96 Apartments for Rent in Southwest Waterfront, DC with pricing that ranges from $1,196 to $9,967. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Waterfront ranging from $1,060 to $5,950.

What is the current price range for Rental Homes in Southwest Waterfront?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Waterfront ranges from $1,060 to $5,950 with an average monthly rent of $3,057.

How much are larger Three and Four Bedroom Rentals in Southwest Waterfront?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Waterfront range from $1,501 to $9,967, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,350 to $5,800. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $1,266.

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

decorative image for A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro article

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.

decorative image for Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students article

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.

decorative image for Discover DC: The Insider's Guide to Renting in Our Nations Capital article

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.