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Cheap Apartments for Rent in Prospect, CT from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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.
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Prospect, CT Local Guide
Sunset in the grass by Trenten Kelley is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Studio Apartments | $1,100 | $1,100 | $1,100 |
| Prospect 1 Bedroom Apartments | $1,608 | $1,300 | $2,500 |
| Prospect 2 Bedroom Apartments | $1,821 | $1,300 | $2,800 |
| Prospect 3 Bedroom Apartments | $1,968 | $1,549 | $2,200 |
| Prospect 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Prospect
See all Apartments in ProspectExplore Prospect
Prospect, CT Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
The cheapest available apartment rental in Prospect, CT is a 1 Bed unit found at Eastwood Terrace in the Waterbury Middlebury neighborhood priced from $1,400. Highland Ridge in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eastwood Terrace | The Yorkdale | 1BR,1BA | $1,400 |
| Highland Ridge | Studio Flex WDHighland Ridge | 1BR,1BA | $1,450 |
| Lakeview | The Ashford | 1BR,1BA | $1,553 |
Best Value Apartments for Rent in Prospect, CT and Nearby
As of September 11, 2025 the best value apartment in the Prospect area is the $1.72 price per square foot The Yorkdale Model at Eastwood Terrace in the in the Waterbury Middlebury neighborhood starting from $1,400. The second greatest value Prospect apartment is the 281 Spring St Model at 281 Spring St, Unit All utilities included starting at $2,500 with a $3.13 price per square foot in the Cheshire Crossing neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eastwood Terrace | The Yorkdale | 1BR,1BA | $1.72 |
| 281 Spring St, Unit All utilities included | 281 Spring St | 1BR,1BA | $3.13 |
| Lakeside of Cheshire | 1 BD 1 BA | 1BR,1BA | $3.12 |
| Lakeview | The Ashford | 1BR,1BA | $2.28 |
| Highland Ridge | Studio Flex WDHighland Ridge | 1BR,1BA | $2.90 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Prospect, CT Rentals by Map
See the most popular apartments and homes in Prospect, CT
Getting Around Prospect, CT
Walk Score®
35 / 100
Car-Dependent
Most errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Prospect Apartments
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $1,400 at Eastwood Terrace.
What is the lowest price for a Cheap Two Bedroom Prospect Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $1,650 at Highland Ridge.
What is the most affordable Prospect Three Bedroom Apartment?
The best deal on a cheap Prospect Three Bedroom Apartment rental is at Highland Ridge and starts from $2,100.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.