
Cheap Apartments for Rent in the Waterfront Neighborhood of Washington, DC from $1,134 (61 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 in Southwest Waterfront, Unit C

Room in Shared 7 bed/3.5 bath home in Southwest Waterfront, Unit B

Total Monthly Price
555

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

MDL Flats

Channel Square Apartments

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

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

Total Monthly Price
Watermark at Buzzard Point
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Room in Shared 7 bed/4 bath home in Southwest Waterfront, Unit A

The Lex at Waterfront

Total Monthly Price
Modern on M

1425 4th St SW

1425 4th St SW

West Half

J.COOPERS ROW

Capitol Park Plaza and Twins

Riverpoint

800 4th St SW, Unit S323
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Total Monthly Price
949 1st St SE, Unit SI FL4-ID264

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

1425 4th St SW, Unit 317

430 M St SW

Reflections at the Wharf

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

1425 4th St SW

1425 4th St SW

Total Monthly Price
Venture on I

1301 Delaware Ave SW, Unit RiverPark
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800 4th St SW, Unit N307

1311 Delaware Ave SW, Unit S830

Total Monthly Price
Gallery 64

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

Artline Apartments

Total Monthly Price
The Byron

Leo at Waterfront

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

Waterside Towers

1425 4th St SW, Unit A402
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1211 Van St SE

Total Monthly Price
70 I St SE, Unit SI FL6-ID880

Valo Apartments

Total Monthly Price
301 M St SW, Unit SI FL8-ID1136

The Kiley

520 N St SW

240 M St SW, Unit 202

Total Monthly Price
600 4th St SW, Unit GO FL7-ID1056

MDXL Flats

115 E St
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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 | $1,976 | $1,246 | $3,195 |
| Waterfront 1 Bedroom Apartments | $2,535 | $1,323 | $7,880 |
| Waterfront 2 Bedroom Apartments | $3,775 | $1,676 | $10,000+ |
| Waterfront 3 Bedroom Apartments | $4,096 | $1,480 | $10,000+ |
| Waterfront 4 Bedroom Apartments | $1,461 | $1,245 | $1,755 |
Browse Apartments in this Neighborhood
There are currently 61 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 |
| The Lex at Waterfront | Affordable Studio ADU-Lex | Studio, 1BA | $1,511 |
| Modern on M | Studio-S05 Classic | Studio, 1BA | $1,670 |
| Verge | S3A | Studio, 1BA | $1,689 |
| Capitol Park Plaza and Twins | Studio 1 Bath | Studio, 1BA | $1,744 |
| Riverpoint | STA3 | Studio, 1BA | $1,747 |
| Reflections at the Wharf | X14-S | Studio, 1BA | $1,799 |
| J.COOPERS ROW | S02 | Studio, 1BA | $1,822 |
Best Value Apartments for Rent in Waterfront, DC
As of September 23, 2026 the best value apartment in the Waterfront area is the $3.30 price per square foot B2.1 Model at 1000 South Capitol in the Southwest Washington neighborhood starting from $4,018. The second greatest value Waterfront apartment is the Fountain Model at The Kiley in the Mall neighborhood starting at $3,416 with a $3.13 price per square foot. 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. |
|---|---|---|---|
| 1000 South Capitol | B2.1 | 2BR, 2.5BA | $3.30 |
| The Kiley | Fountain | 2BR, 1.5BA | $3.13 |
| Modern on M | 1 Bed/1 Bath Loft-A04L Modern | 1BR, 1BA | $3.60 |
| Waterside Towers | Garden (1 Bedroom Outside) | 1BR, 1BA | $2.86 |
| Watermark at Buzzard Point | A3 | 1BR, 1BA | $3.88 |
| Venture on I | 1I | 1BR, 1BA | $3.65 |
| Seventy1Hundred | 100-S5 | Studio, 1BA | $3.95 |
| Channel Square Apartments | 1 Bedroom Townhome | 1BR, 1BA | $3.54 |
| 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
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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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 $1,822.
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 119 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 $1,213 which is $1,152 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

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I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C. In a lot of ways, moving to our nation's capital is unlike just about any relocation you'll ever make.

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If you're someone who keeps up with current events, it's understandable to hear about Washington, D.C. and immediately think "politics.

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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.

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Articles, How-To's, and Tips

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