
Cheap Homes for Rent in Derby, CT from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Derby.


79 Balance Rock Rd

11 5th St

2
Local Expert's Guide to the Top Affordable Neighborhoods for Renting in Bridgeport, CT
Learn about Bridgeport and the best neighorhoods to rent with original content written by our Local Expert M. April Tome

14 N Spring St

418 Howe Ave

22 Dwight St

13 Santangelo Terrace
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

94 Humphrey St, Unit 3
Derby, CT Local Guide

How much does it cost to rent a home in Derby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Derby 2 Bedroom Homes for Rent | $2,677 | $1,880 | $8,000 |
| Derby 3 Bedroom Homes for Rent | $3,211 | $1,700 | $4,000 |
| Derby 4 Bedroom Homes for Rent | $3,527 | $2,600 | $4,200 |
| Derby 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
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Derby, CT Local Guide
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Cheapest Available Derby Apartments for Rent
 The cheapest available apartment rental in Derby, CT is a 1 Bed unit found at Derby Manor in the Seymour Naugatuck Ansonia neighborhood priced from $1,295. Cedar Village at Minerva Square in the Seymour Naugatuck Ansonia neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here is today’s list of the most affordable Derby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Derby Manor | One Bedroom | 1BR,1BA | $1,295 |
| Cedar Village at Minerva Square | Studio | Studio,1BA | $1,475 |
| 158 Main St | Studio | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Derby, CT
As of August 22, 2026 the best value apartment in the Derby area is the $2.02 price per square foot 2 Bedroom Model at Cedar Village at Carroll's in the in the Seymour Naugatuck Ansonia neighborhood starting from $2,325. The second greatest value Derby apartment is the 2BR/2.0BA Model at 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Village at Carroll's | 2 Bedroom | 2BR,1BA | $2.02 |
| Residences at the Kestrel | 2BR/2.0BA | 2BR,2BA | $2.48 |
| Trolley Pointe | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.15 |
| Derby Manor | Two Bedroom | 2BR,1BA | $1.94 |
| 113 Canal St W | 2 bedroom 1 bath | 2BR,1BA | $2.97 |
| 156 Hill St, Unit first floor | 156 Hill St | 2BR,1BA | $2.53 |
| Merion Riverwalk Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $2.60 |
| Bella Vista Ventures LLC. | Std-LG | Studio ,1BA | $2.34 |
| Cedar Village at Minerva Square | Studio | Studio ,1BA | $2.56 |
| 158 Main St | Studio | Studio ,1BA | $3.00 |
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 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.
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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.
Best Local Schools in Derby, CT
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Derby, CT
Frequently Asked Questions about Derby
What type of rentals are currently available in Derby?
There are currently 127 Apartments for Rent in Derby, CT with pricing that ranges from $925 to $3,500. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derby ranging from $1,600 to $8,000.
What is the current price range for Rental Homes in Derby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Derby ranges from $1,600 to $8,000 with an average monthly rent of $2,996.
How much are larger Three and Four Bedroom Rentals in Derby?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Derby range from $1,850 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,100.
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.
Articles, How-To's, and Tips

Local Expert's Guide to the Top Affordable Neighborhoods for Renting in Bridgeport, CT
Written by: M. April Tome
I'm April, your ApartmentHomeLiving.com Local Expert for Bridgeport, CT. I have lived in Fairfield County for over thirty years. I decided to downsize and move to a city with more amenities and affordable rental options.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.