
Cheap Apartments for Rent in the Waterfront Neighborhood of Washington, DC from $1,100 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Washington.


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

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

Total Monthly Price
555

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

MDL Flats

Channel Square Apartments

Total Monthly Price
Watermark at Buzzard Point

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

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/3.5 bath home, Unit A

The Lex at Waterfront

1435 4th St SW

Riverpoint

Reflections at the Wharf

J.COOPERS ROW

1250 4th St SW

Total Monthly Price
Modern on M

800 4th St SW, Unit S503

350 G St SW, Unit N123
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.

350 G St SW, Unit N403

Valo Apartments

Total Monthly Price
Gallery 64

Capitol Park Plaza and Twins

Total Monthly Price
The Byron

1311 Delaware Ave SW

1211 Van St SE

The Kiley

Waterside Towers

Total Monthly Price
1221 Van
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.

Total Monthly Price
Venture on I

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

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

Total Monthly Price
The Westerly

Leo at Waterfront

Total Monthly Price
2121 1st St SW, Unit GO FL4-ID258

1425 4th St SW

1425 4th St SW

800 4th St SW, Unit N117

800 4th St SW, Unit N117
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
Everly

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

Eliot on 4th

Total Monthly Price
Annex on 12th

37 L St SE

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

MDXL Flats

Capitol Park Tower

240 M St SW

1301 Delaware Ave SW, Unit N-602
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.
Waterfront, Washington, DC Local Guide

How much does it cost to rent an apartment in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront Studio Apartments | $1,986 | $1,246 | $2,749 |
| Waterfront 1 Bedroom Apartments | $2,482 | $1,323 | $5,221 |
| Waterfront 2 Bedroom Apartments | $3,890 | $1,676 | $8,571 |
| Waterfront 3 Bedroom Apartments | $4,162 | $1,501 | $10,000+ |
| Waterfront 4 Bedroom Apartments | $1,616 | $1,266 | $2,436 |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Washington, DC.
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Waterfront, Washington, DC Local Guide
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Cheapest Available Waterfront Apartments for Rent
 The cheapest available apartment rental in the Waterfront area of Washington, DC is a Studio unit found at 555 priced from $1,246. MDL Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,323. Here are the most affordable Waterfront apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 555 | Senior Housing S2 | Studio,1BA | $1,246 |
| MDL Flats | A7 | 1BR,1BA | $1,323 |
| Channel Square Apartments | Studio | Studio,1BA | $1,350 |
| MDXL Flats | B4 | 2BR,2BA | $1,458 |
| The Lex at Waterfront | Affordable Studio ADU-Lex | Studio,1BA | $1,489 |
| Riverpoint | STA3 | Studio,1BA | $1,577 |
| Watermark at Buzzard Point | J7 | Studio,1BA | $1,601 |
| Verge | S3A | Studio,1BA | $1,623 |
| Colette | Colette S1 | Studio,1BA | $1,630 |
| Modern on M | Studio-S06 Classic | Studio,1BA | $1,687 |
Best Value Apartments for Rent in Waterfront, DC
As of June 25, 2026 the best value apartment in the Waterfront area is the $3.02 price per square foot Tower (2 Bedroom Split) Model at Waterside Towers in the in the Mall neighborhood starting from $3,780. The second greatest value Waterfront apartment is the B05 Model at Eliot on 4th starting at $4,286 with a $3.76 price per square foot in the Mall neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Waterside Towers | Tower (2 Bedroom Split) | 2BR,2BA | $3.02 |
| Eliot on 4th | B05 | 2BR,2BA | $3.76 |
| MDXL Flats | B4 | 2BR,2BA | $1.45 |
| 1301 Delaware Ave SW, Unit N812 | 1301 Delaware Ave SW | 2BR,2BA | $3.52 |
| 555 | Senior Housing A15 | 1BR,1BA | $3.80 |
| Valo Apartments | Jr. One Bedroom | 1BR,1BA | $3.58 |
| Channel Square Apartments | 1 Bedroom Townhome | 1BR,1BA | $3.54 |
| Seventy1Hundred | 100-S2 | Studio ,1BA | $3.36 |
| Capitol Park Plaza and Twins | Studio 1 Bath | Studio ,1BA | $3.60 |
| MDL Flats | PH04 | 1BR,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.
Lifestyle Ratings
This website is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Waterfront, Washington, and the greater Washington area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendliness, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Waterfront Apartments
What is a cheap apartment in Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterfront is under $1,687.
What is the price of a cheap apartment in Waterfront?
The cheapest apartment in Waterfront is MDL Flats which is listed at $1,323, while the average apartment in Waterfront costs $4,351.
What types of apartments are the cheapest in 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 284 regular apartments in 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 Waterfront?
Cheap apartments in Waterfront have an average cost of $1,269 which is $3,082 cheaper than the average rent for all rentals in 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.