Cheap Apartments for Rent in Derby, CT from $900 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Derby.

close
View Me
Franklin Apartments
1 to 2 Bedroom Apartments

Franklin Apartments

45-51 Derby AveDerby, CT 06418
  • Utilities Included

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.

property at 227 Olivia St

227 Olivia St

DerbyCT06418

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.

close
View Me
Riverwalk Place
Studio to 2 Bedroom Apartments

Riverwalk Place

356 Howe AveShelton, CT 06484
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Derby, CT Local Guide

Cheapest Available Derby Apartments for Rent

 

The cheapest available apartment rental in Derby, CT is a Studio unit found at Derby Manor in the Seymour Naugatuck Ansonia neighborhood priced from $1,185. Central Street Apartments in the Seymour Naugatuck Ansonia neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Derby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Derby ManorStudioStudio,1BA$1,185
Central Street ApartmentsStudioStudio,1BA$1,250
Bella Vista Ansonia0BD/1BA SMStudio,1BA$1,375
158 Main StStudioStudio,1BA$1,400
Cedar Village at Carroll'sStudioStudio,1BA$1,400

Best Value Apartments for Rent in Derby, CT

As of June 14, 2025 the best value apartment in the Derby area is the $1.50 price per square foot 14 5th St Model at 14 5th St, Unit 2nd Fl in the in the Seymour Naugatuck Ansonia neighborhood starting from $2,100. The second greatest value Derby apartment is the STYLE A Model at The Residences at the Kestrel starting at $2,700 with a $2.48 price per square foot in the Seymour Naugatuck Ansonia neighborhood. Here is today’s list of the best values for Derby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
14 5th St, Unit 2nd Fl14 5th St3BR,1BA$1.50
The Residences at the KestrelSTYLE A2BR,2BA$2.48
85 Jackson St, Unit 2 Fl85 Jackson St2BR,1BA$1.75
Trolley Pointe1-Bedroom w/DenStudio ,1BA$2.61
60-62 Hawkins St2 x 12BR,1BA$1.88
Derby ManorTwo Bedroom2BR,1BA$1.94
Merion Riverwalk Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.35
Central Street ApartmentsStudioStudio ,1BA$1.91
Cedar Village at Carroll'sStudioStudio ,1BA$2.69
158 Main StStudioStudio ,1BA$2.80

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

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Derby, CT Rentals by Map

View MapDerby, CT Apartments MapView MapDerby, CT Rental Homes Map

Getting Around Derby, CT

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Derby Apartments

What is the Cheapest Studio apartment in Derby?

Currently the most affordable Cheap Studio Apartment in Derby is at Derby Manor listed at $1,185.

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

The lowest price for a Cheap One Bedroom Derby Apartment is $1,355 at Derby Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Derby is starting from $1,600 at 60-62 Hawkins St.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.