Cheap Apartments for Rent in the Central Waterfront Neighborhood of Seattle, WA from $600 (215 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Waterfront area of Seattle.

422 11th Ave - Amazing Remodeled Studios!

423 Terry Apartments in the Heart of First Hill

Josephinum Apartments

Kulle Urban Living

Louisa Hotel

Sheridan Apartments
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Union Plaza Apartments

Stratford on 4th

Uncle Bob's Place

The Rise on Madison - Affordable Housing

Hudson House

Capitol Building Apartments

Zindorf Apartments

Washington Terrace Senior Affordable Apartments
Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

Ellis Court Apartments

Quintessa Apartments

Hana

John Winthrop Apartments

The Cornelius Apartments

Clearwater Apartments - Star Apartments

M Street

Woodworth Apartments | Vibrant & Luxurious...

Bellevue Place Apartments

Post Alley Court

BEAM

Zig

Derby Capitol Hill

Yesler Towers

Novi at Queen Anne

219 Queen Anne Ave N

Encore Belltown Apartments

Emerald Arms

The Local 418 Apartments

ZEP Zephyr Apartments

Union Arms

Sixth & Pine Building

Vertex Off Broadway

Bode Uptown

Stockbridge Apartment Homes

1716 Boylston Ave
Central Waterfront, Seattle, WA Local Guide

How much does it cost to rent an apartment in Central Waterfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Waterfront Studio Apartments | $1,835 | $790 | $8,950 |
Central Waterfront 1 Bedroom Apartments | $2,761 | $985 | $9,813 |
Central Waterfront 2 Bedroom Apartments | $4,526 | $1,299 | $10,000+ |
Central Waterfront 3 Bedroom Apartments | $9,108 | $1,360 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 215 rentals with your search options within a 1 mile radius of the Central Waterfront Neighborhood of Seattle, WA.
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Central Waterfront, Seattle, WA Local Guide
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Cheapest Available Central Waterfront Apartments for Rent
 The cheapest available apartment rental in the Central Waterfront area of Seattle, WA is a Studio unit found at Alps Apartments priced from $675. Larned has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Central Waterfront apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Alps Apartments | Micro Studio | Studio,1BA | $675 |
Larned | S | Studio,1BA | $790 |
Lincoln Court | S | Studio,1BA | $790 |
Melrose | 30%S | Studio,1BA | $790 |
422 11th Ave - Amazing Remodeled Studios! | Studio | Studio,1BA | $795 |
1722 Summit | Studio | Studio,1BA | $795 |
423 Terry Apartments in the Heart of First Hill | S Standard | Studio,1BA | $799 |
Alturra | Studio | Studio,1BA | $825 |
Station House | 1B | 1BR,1BA | $847 |
Holiday Apartments | 1B | 1BR,1BA | $847 |
Best Value Apartments for Rent in Central Waterfront, WA
As of April 25, 2025 the best value apartment in the Central Waterfront area is the $2.28 price per square foot 2X2 Model at Terrace View in the in the Downtown Seattle neighborhood starting from $2,399. The second greatest value Central Waterfront apartment is the 2x1 Model at Roycroft Apartments starting at $2,200 with a $2.20 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for Central Waterfront apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrace View | 2X2 | 2BR,2BA | $2.28 |
Roycroft Apartments | 2x1 | 2BR,1BA | $2.20 |
Alderview - 300 11th Ave | 1BR/1.0BA | 1BR,1BA | $2.35 |
ZEP Zephyr Apartments | studio | Studio ,1BA | $2.32 |
Sheridan Apartments | Studio | Studio ,1BA | $1.81 |
Washington Terrace Senior Affordable Apartments | A07 | 1BR,1BA | $2.22 |
Uncle Bob's Place | Studio | Studio ,1BA | $2.15 |
Capitol Building Apartments | Studio | 1BR,1BA | $2.37 |
Stratford on 4th | 0BR/1.0BA | Studio ,1BA | $2.19 |
100 on 6th | Studio B | Studio ,1BA | $2.34 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCentral Waterfront, Seattle, WA
Ranked #4
Among neighborhoods in Seattle, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Seattle, WA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, multifamily communities for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Central Waterfront Apartments
What is a cheap apartment in Central Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Waterfront is under $847.
What is the price of a cheap apartment in Central Waterfront?
The cheapest apartment in Central Waterfront is Alps Apartments which is listed at $825, while the average apartment in Central Waterfront costs $6,514.
What types of apartments are the cheapest in Central 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 166 regular apartments in Central 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 Central Waterfront?
Cheap apartments in Central Waterfront have an average cost of $265 which is $6,249 cheaper than the average rent for all rentals in Central 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.

The 10 Best Affordable Neighborhoods in Seattle, WA
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.