
Cheap Apartments for Rent in the Waterfront Neighborhood of Washington, DC from $1,100 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Washington.


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

Total Monthly Price
555

MDL Flats

Room in Shared 7 bed/4 bath home in Southwest Waterfront, Unit F

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

Total Monthly Price
Watermark at Buzzard Point

1435 4th St SW

1435 4th St SW, Unit B217

The Lex at Waterfront
D.C. Metro Area Deep Dive: Comparing the Top Neighborhoods for Cost, Commute, and Quality of Life
Renting Near Washington, D.C.? Discover practical steps to save money, shorten your commute, and find a city with a distinct personality that matches your needs as a professional or family.

Riverpoint

1250 4th St SW

Waterside Towers

1425 4th St SW

1425 4th St SW, Unit 317

1425 4th St SW

J.COOPERS ROW

Capitol Park Plaza and Twins

Channel Square Apartments

Total Monthly Price
Modern on M
Rent According to Income: A Look at Income-Restricted Rentals
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Total Monthly Price
The Westerly

800 4th St SW

1211 Van St SE

355 I St SW, Unit 122S

Reflections at the Wharf

1425 4th St SW

1425 4th St SW

West Half

240 M St SW, Unit Bright 1BR Condo

Total Monthly Price
949 1st St SE, Unit SI FL4-ID264
Discover DC: The Insider's Guide to Renting in Our Nation's Capital
Explore Washington DC like a local with this insider's guide to renting in the Nation's Capital. Explore the area's best neighborhoods, hidden gems, and diverse, delicious food scene.

1301 Delaware Ave SW, Unit RiverPark

Total Monthly Price
2121 1st St SW, Unit GO FL5-ID254

800 4th St SW, Unit N117

Total Monthly Price
The Byron

Artline Apartments

Total Monthly Price
70 I St SE, Unit SI FL6-ID879

Total Monthly Price
Gallery 64

Total Monthly Price
Everly

Valo Apartments

Leo at Waterfront
The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
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Total Monthly Price
600 4th St SW, Unit SI FL7-ID1056

Total Monthly Price
60 I St SW, Unit SI FL3-ID1194

The Kiley

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

MDXL Flats

Capitol Park Tower

300 M St SW

800 4th St SW, Unit S525

Charming 1BR/1BA in Southwest DC - 119 P St SW

355 I St SW
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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 | $1,937 | $1,246 | $2,718 |
| Waterfront 1 Bedroom Apartments | $2,516 | $1,323 | $9,595 |
| Waterfront 2 Bedroom Apartments | $3,797 | $1,676 | $7,670 |
| Waterfront 3 Bedroom Apartments | $3,749 | $1,526 | $10,000+ |
| Waterfront 4 Bedroom Apartments | $1,492 | $1,266 | $1,776 |
Browse Apartments in this Neighborhood
There are currently 62 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 |
| The Lex at Waterfront | Affordable Studio ADU-Lex | Studio,1BA | $1,511 |
| Riverpoint | STA2 | Studio,1BA | $1,575 |
| Waterside Towers | Garden (1 Bedroom Inside) | 1BR,1BA | $1,698 |
| Capitol Park Plaza and Twins | Studio 1 Bath | Studio,1BA | $1,744 |
| Channel Square Apartments | 1 Bedroom Highrise | 1BR,1BA | $1,750 |
| Modern on M | Studio-S06 Classic | Studio,1BA | $1,751 |
| Seventy1Hundred | 100-S2 | Studio,1BA | $1,793 |
| Reflections at the Wharf | X06-S | Studio,1BA | $1,799 |
Best Value Apartments for Rent in Waterfront, DC
As of August 09, 2026 the best value apartment in the Waterfront area is the $3.00 price per square foot Fountain Model at The Kiley in the in the Mall neighborhood starting from $3,274. The second greatest value Waterfront apartment is the Garden (2 Bedroom Outside) Model at Waterside Towers starting at $2,449 with a $2.72 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. |
|---|---|---|---|
| The Kiley | Fountain | 2BR,1.5BA | $3.00 |
| Waterside Towers | Garden (2 Bedroom Outside) | 2BR,1BA | $2.72 |
| Venture on I | JR 2D | 2BR,1BA | $3.93 |
| Watermark at Buzzard Point | A16 | 1BR,1BA | $3.83 |
| Leo at Waterfront | One Bedroom - Leo | 1BR,1BA | $3.33 |
| Coda on Half | Luxury Navy Yard / SE DC Apartments for Rent | A Placemakr Experience | B8 | 1BR,1BA | $3.63 |
| Channel Square Apartments | 1 Bedroom Townhome | 1BR,1BA | $3.54 |
| Seventy1Hundred | 100-S3 | Studio ,1BA | $3.40 |
| 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 $1,799.
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 $2,365.
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 73 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 $1,057 which is $1,308 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

DC Metro Area Deep Dive: Comparing the Top Neighborhoods for Cost, Commute, and Quality of Life
Written by: Steve Lilly
If you're someone who keeps up with current events, it's understandable to hear about Washington, D.C. and immediately think "politics.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.