Cheap Apartments for Rent in the Waterfront Neighborhood of Washington, DC from $1,000 (69 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

Washington's Best Affordable Neighborhoods

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

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Waterfront, Washington, DC Local Guide

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. Capitol Park Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,461. Here are the most affordable Waterfront apartments for rent in Washington, DC:

Apartment ListingModel NameBed/BathPriced From
555Senior Housing S2Studio,1BA$1,246
Capitol Park TowerStudioStudio,1BA$1,461
Modern on MStudio-S01 ModernStudio,1BA$1,535
Watermark at Buzzard PointS4Studio,1BA$1,597
The ChannelStudio-C-0AStudio,1BA$1,611
VergeS2AStudio,1BA$1,625
RiverpointSTA3Studio,1BA$1,630
West HalfStudio Smart Suite | S01fStudio,1BA$1,694
Valo ApartmentsStudioStudio,1BA$1,695

Best Value Apartments for Rent in Waterfront, DC

As of December 26, 2025 the best value apartment in the Waterfront area is the $3.15 price per square foot Two Bedroom One Bath - Leo Model at Lex and Leo at Waterfront Station in the in the Mall neighborhood starting from $2,740. The second greatest value Waterfront apartment is the 1425 4th St SW Model at 1425 4th St SW, Unit 712 starting at $2,997 with a $3.46 price per square foot in the Southwest Washington neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lex and Leo at Waterfront StationTwo Bedroom One Bath - Leo2BR,1BA$3.15
1425 4th St SW, Unit 7121425 4th St SW2BR,2BA$3.46
Waterside TowersTower (1 Bedroom)1BR,1BA$2.87
603 G St SW, Unit BasementFurnishedAPT603 G St SW1BR,1BA$2.27
The KileyAnthem A1BR,1BA$3.18
Valo ApartmentsJr. One Bedroom1BR,1BA$3.43
Modern on M1 Bed/1 Bath-A11 Classic1BR,1BA$3.47
1000 South CapitolS.1Studio ,1BA$3.29
Capitol Park Plaza and TwinsStudio 1 BathStudio ,1BA$3.55
Capitol Park TowerStudioStudio ,1BA$3.04

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 the Cheapest Studio apartment in Waterfront?

Currently the most affordable Cheap Studio Apartment in Waterfront is at 555 listed at $1,246.

How much is rent for a Cheap One Bedroom Waterfront Apartment?

The lowest price for a Cheap One Bedroom Waterfront Apartment is $1,709 at Riverpoint.

What is the lowest price for a Cheap Two Bedroom Waterfront Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterfront is starting from $2,214 at Capitol Park Plaza and Twins.

What is the most affordable Waterfront Three Bedroom Apartment?

The best deal on a cheap Waterfront Three Bedroom Apartment rental is at Vermeer and starts from $5,707.

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.

Articles, How-To's, and Tips

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!