
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/3.5 bath home, Unit F

Total Monthly Price
555

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

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

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

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

Channel Square Apartments

Total Monthly Price
Watermark at Buzzard Point

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.

Leo at Waterfront

1532 2nd St SW

1311 Delaware Ave SW, Unit S545

1311 Delaware Ave SW

430 M St SW

Total Monthly Price
Modern on M

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

J.COOPERS ROW

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

Reflections at the Wharf
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.

1101 3rd St SW

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

The Lex at Waterfront

Riverpoint

1435 4th St SW, Unit B217, Unit B217

Maren

350 G St SW, Unit N403, Unit N403

Total Monthly Price
The Westerly

Total Monthly Price
Gallery 64

800 4th St SW, Unit S503, Unit S503
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

240 M St SW

800 4th St SW

Eliot on 4th

The Kiley

Valo Apartments

Waterside Towers

949 1st St SE, Unit SI FL4-ID264

949 1st St SE, Unit SI FL5-ID733

Total Monthly Price
1221 Van
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.

Artline Apartments

800 4th St SW, Unit N117, Unit N117

800 4th St SW, Unit N117

Total Monthly Price
The Byron

Total Monthly Price
800 4th St SW, Unit Apt. S417, Unit Apt. S417

70 I St SE, Unit SI FL8-ID882

Total Monthly Price
Annex on 12th

350 G St SW

MDXL Flats

MDL Flats
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 | $1,939 | $1,246 | $2,749 |
| Waterfront 1 Bedroom Apartments | $2,541 | $1,332 | $5,403 |
| Waterfront 2 Bedroom Apartments | $3,926 | $2,049 | $8,571 |
| Waterfront 3 Bedroom Apartments | $4,091 | $1,501 | $10,000+ |
| Waterfront 4 Bedroom Apartments | $1,608 | $1,266 | $2,436 |
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.
See all Apartments in WashingtonExplore Washington
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 |
| Leo at Waterfront | Affordable Studio ADU-Leo | Studio,1BA | $1,489 |
| Modern on M | Studio-S06 Classic | Studio,1BA | $1,506 |
| Reflections at the Wharf | X14-S | Studio,1BA | $1,545 |
| Watermark at Buzzard Point | S4 | Studio,1BA | $1,567 |
| Coda on Half | Luxury Navy Yard / SE DC Apartments for Rent | A Placemakr Experience | A2 | Studio,1BA | $1,637 |
| The Lex at Waterfront | Affordable 1 Bedroom ADU-Lex | 1BR,1BA | $1,639 |
| The Channel | Studio-C-OC | Studio,1BA | $1,643 |
Best Value Apartments for Rent in Waterfront, DC
As of May 10, 2026 the best value apartment in the Waterfront area is the $3.98 price per square foot C2 Model at Watermark at Buzzard Point in the in the Southwest Washington neighborhood starting from $5,219. The second greatest value Waterfront apartment is the B05 Model at Eliot on 4th starting at $4,263 with a $3.74 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. |
|---|---|---|---|
| Watermark at Buzzard Point | C2 | 3BR,2BA | $3.98 |
| Eliot on 4th | B05 | 2BR,2BA | $3.74 |
| 1301 Delaware Ave SW, Unit N812 | 1301 Delaware Ave SW | 2BR,2BA | $3.71 |
| 555 | Senior Housing A15 | 1BR,1BA | $3.80 |
| Waterside Towers | Tower (Efficiency) | Studio ,1BA | $3.10 |
| 800 4th St SW, Unit Apt. S417 | 800 4th St SW | 1BR,1BA | $3.36 |
| Channel Square Apartments | 1 Bedroom Townhome | 1BR,1BA | $3.54 |
| NOVEL South Capitol | Studio-S04 East | Studio ,1BA | $3.91 |
| Modern on M | Studio-S02 Modern | Studio ,1BA | $4.03 |
| MDL Flats | PH04 | Studio ,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 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 $1,323 at MDL Flats.
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 $1,676 at MDL Flats.
What is the most affordable Waterfront Three Bedroom Apartment?
The best deal on a cheap Waterfront Three Bedroom Apartment rental is at Watermark at Buzzard Point and starts from $5,219.
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

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.

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.