Cheap Apartments for Rent in the Waterfront Neighborhood of Washington, DC from $1,000 (41 Rentals)

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

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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.

property at 1435 4th St SW

1435 4th St SW

WashingtonDC20024

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MDXL Flats
1 to 2 Bedroom Apartments

MDXL Flats

1530 1st St SWWashington, DC 20024
  • Utilities Included
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1001 @ Waterfront
Studio to 2 Bedroom Apartments

1001 @ Waterfront

1001 3rd St SWWashington, DC 20024
  • Utilities Included
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Capitol Park Tower
Studio to 1 Bedroom Apartments

Capitol Park Tower

301 G St NWWashington, DC 20024
  • Utilities Included
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MDL Flats
1 Bedroom Apartments

MDL Flats

1550 First St SWWashington, DC 20024
  • Utilities Included
property at 1425 4th St SW

1425 4th St SW

WashingtonDC20024

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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 Colette priced from $1,618. Capitol Park Plaza And Twins has the second lowest priced unit, which is a Studio apartment currently listed from $1,722. Here are the most affordable Waterfront apartments for rent in Washington, DC:

Apartment ListingModel NameBed/BathPriced From
ColetteColette S2Studio,1BA$1,618
Capitol Park Plaza And TwinsStudioStudio,1BA$1,722
Modern on MStudio-S06 ClassicStudio,1BA$1,729
VergeS3AStudio,1BA$1,772
1221 VanStudio | S03Studio,1BA$1,792
The ChannelStudio-C-0AStudio,1BA$1,800
RiverpointSTA8Studio,1BA$1,819
Valo ApartmentsStudioStudio,1BA$1,823
Waterside TowersGarden (1 Bedroom Corner)1BR,1BA$1,844

Best Value Apartments for Rent in Waterfront, DC

As of May 22, 2025 the best value apartment in the Waterfront area is the $1.17 price per square foot 629 G St SW Model at 629 G St SW, Unit SW Waterfront in the in the Mall neighborhood starting from $1,750. The second greatest value Waterfront apartment is the 70- AA17 Model at 70 Capitol Yards starting at $2,395 with a $3.15 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.
629 G St SW, Unit SW Waterfront629 G St SW1BR,1BA$1.17
70 Capitol Yards70- AA171BR,1BA$3.15
Watermark at Buzzard PointA161BR,1BA$3.51
Eliot on 4thA061BR,1BA$3.58
2121 1st St, Unit FL5-ID2542121 1st St1BR,1BA$3.78
Lex and Leo at Waterfront StationOne Bedroom - Lex1BR,1BA$3.49
The KileyCherry Blossom1BR,1BA$3.87
Waterside TowersTower (Efficiency)Studio ,1BA$3.30
Modern on M1 Bed/1 Bath-A11 Classic1BR,1BA$3.78
Capitol Park Plaza And TwinsStudioStudio ,1BA$3.55

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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!

Getting Around the Waterfront Neighborhood in Washington, DC

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

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 $1,844.

What is the price of a cheap apartment in Waterfront?

The cheapest apartment in Waterfront is Waterside Towers which is listed at $1,844, while the average apartment in Waterfront costs $5,054.

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 255 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 $935 which is $4,119 cheaper than the average rent for all rentals in Waterfront.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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