Cheap Apartments for Rent in Prospect, CT from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.
Prospect, CT Local Guide

How much does it cost to rent an apartment in Prospect?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Studio Apartments | $1,662 | $1,654 | $1,670 |
Prospect 1 Bedroom Apartments | $1,563 | $1,300 | $2,266 |
Prospect 2 Bedroom Apartments | $1,757 | $1,300 | $2,800 |
Prospect 3 Bedroom Apartments | $1,852 | $1,450 | $2,200 |
Prospect 4 Bedroom Apartments | $3,200 | $3,200 | $3,200 |
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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 Highland Ridge in the Waterbury Middlebury neighborhood priced from $1,450. Lakeview in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,828. Here is today’s list of the most affordable Prospect apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Ridge | Studio Flex WDHighland Ridge | 1BR,1BA | $1,450 |
Lakeview | The Atwood | 2BR,1BA | $1,828 |
Lakeside of Cheshire | 1 BD 1 BA | 1BR,1BA | $2,266 |
Best Value Apartments for Rent in Prospect, CT and Nearby
As of July 28, 2025 the best value apartment in the Prospect area is the $2.18 price per square foot The Atwood Model at Lakeview in the in the Waterbury Middlebury neighborhood starting from $1,828. The second greatest value Prospect apartment is the 1 BD 1 BA Model at Lakeside of Cheshire starting at $2,266 with a $3.12 price per square foot in the Marion 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. |
---|---|---|---|
Lakeview | The Atwood | 2BR,1BA | $2.18 |
Lakeside of Cheshire | 1 BD 1 BA | 1BR,1BA | $3.12 |
Highland Ridge | Studio Flex WDHighland Ridge | 1BR,1BA | $2.90 |
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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 $1,450 at Highland Ridge.
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.

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.

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.

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.

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.