Cheap Apartments for Rent in Prospect, CT from $600 (59 Rentals)

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

property at 41 Waterbury Rd

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

1 Bedroom, 1 Bath Home for Rent

Available Now

41 Waterbury Rd

ProspectCT06712
property at 81 Woodtick Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

81 Woodtick Rd

WaterburyCT06705
property at 121 Lounsbury St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Lounsbury St

WaterburyCT06706
property at 113 Southview St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

113 Southview St

WaterburyCT06706
property at 28 Hickory St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

28 Hickory St

WaterburyCT06706
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Lakeside of Cheshire
$1,350 - $3,217
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,235 - $3,102
Required Monthly Fees
$115

Total Monthly Price
$1,350 - $3,217
Studio to 2 Bedroom Apartments Available Now

Lakeside of Cheshire

50 Hazel DrCheshire, CT 06410
Luxury
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Lakeview
$1,572 - $2,421
Total Monthly Price

Total Monthly Price

Base Rent
$1,547 - $2,396
Required Monthly Fees
$25

Total Monthly Price
$1,572 - $2,421
1 to 2 Bedroom Apartments Available Now

Lakeview

440 Meriden RdWaterbury, CT 06705
Furnished
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  • Utilities Included
property at 31 Beecher Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

31 Beecher Ave

WaterburyCT06705
property at 124 Southview St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Home for Rent

Available Now

124 Southview St

WaterburyCT06706
property at 73 Lounsbury St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Home for Rent

Available Now

73 Lounsbury St

WaterburyCT06706
property at 22 Leaf Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Home for Rent

Available Now

22 Leaf Ave

WaterburyCT06705
property at 37 Alexander Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Home for Rent

Available Now

37 Alexander Ave

WaterburyCT06705

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.

property at 31 Melrose Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

31 Melrose Ave

WaterburyCT06705
property at 146 Edson Ave

$1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

146 Edson Ave, Unit 1st Floor

146 Edson Ave
WaterburyCT06705
property at 14 Niagara St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

6 Bedroom, 3 Bath Home for Rent

Available Now

14 Niagara St

WaterburyCT06705
property at 52 Academy Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Home for Rent

Available Now

52 Academy Ave

WaterburyCT06705
property at 1120 Baldwin St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

3 Bedroom, 1 Bath Home for Rent

Available Now

1120 Baldwin St

WaterburyCT06706
property at 188 Moreland Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Now

188 Moreland Ave

WaterburyCT06705
property at 20 Coe St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

9 Bedroom, 3 Bath Home for Rent

Available Now

20 Coe St

WaterburyCT06704

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 100 Meriden Rd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Home for Rent

Available Now

100 Meriden Rd

WaterburyCT06705
property at 75 Alma St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 1 Bath Home for Rent

Available Now

75 Alma St

WaterburyCT06705
property at 82 Middlefield Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Now

82 Middlefield Ave

WaterburyCT06705
property at 29 Madison St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

4 Bedroom, 1 Bath Home for Rent

Available Now

29 Madison St

WaterburyCT06706
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Newman Apartments
1 to 3 Bedroom Apartments

Newman Apartments

27 Newman AveWaterbury, CT 06705
  • Utilities Included
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Byam Village
1 to 3 Bedroom Apartments

Byam Village

1802 Meriden RdWaterbury, CT 06705
  • Utilities Included

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East Gate Apartments
Studio to 2 Bedroom Apartments

East Gate Apartments

2171-2221 E Main StWaterbury, CT 06705
Senior Living
  • Utilities Included
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Southford Park
1 to 3 Bedroom Apartments

Southford Park

102 National AveWaterbury, CT 06705
  • Utilities Included
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Sunset Gardens
1 to 3 Bedroom Apartments

Sunset Gardens

1740 Meriden RdWaterbury, CT 06705
  • Utilities Included
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Sunset Garden
1 to 3 Bedroom Apartments

Sunset Garden

101 Hitchcock RdWaterbury, CT 06705
  • Utilities Included
property at 150 Chestnut Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Condo for Rent

Available Now

150 Chestnut Ave

WaterburyCT06710
property at 105 Division St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

105 Division St

WaterburyCT06704
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Ridgegate Apartments
2 to 3 Bedroom Apartments

Ridgegate Apartments

170 Rosewood AveWaterbury, CT 06706
  • Utilities Included
property at 1720 E Main St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1720 E Main St

WaterburyCT06705

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Prospect, CT Local Guide

Cheapest Available Prospect Apartments for Rent

 

The cheapest available apartment rental in Prospect, CT is a 1 Bed unit found at Piping Rock Apartments in the Waterbury Middlebury neighborhood priced from $1,399. Lakeside of Cheshire in the Marion neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,418. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Piping Rock ApartmentsOne Bedroom1BR,1BA$1,399
Lakeside of CheshireA11BR,1BA$1,418
Summit Ridge EstatesThe Glengrove1BR,1BA$1,475
Highland Ridge1B/2BD Highland Ridge2BR,1BA$1,650
LakeviewThe Kingsbury2BR,1BA$1,861

Best Value Apartments for Rent in Prospect, CT

As of June 15, 2026 the best value apartment in the Prospect area is the $1.72 price per square foot The Kingsbury Model at Lakeview in the in the Waterbury Middlebury neighborhood starting from $1,861. The second greatest value Prospect apartment is the One Bedroom Model at Piping Rock Apartments starting at $1,399 with a $1.73 price per square foot in the Waterbury Middlebury neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LakeviewThe Kingsbury2BR,1BA$1.72
Piping Rock ApartmentsOne Bedroom1BR,1BA$1.73
Summit Ridge EstatesThe Glengrove1BR,1BA$1.84
Highland Ridge1B/2BD Highland Ridge2BR,1BA$2.06
281 Spring St, Unit All utilities included281 Spring St1BR,1BA$3.13
Lakeside of CheshireA11BR,1BA$1.85
107 Blanchard St, Unit Apartment107 Blanchard St2BR,1BA$2.85
941 Waterbury Road, Unit 2nd Floor941 Waterbury Road1BR,1BA$2.32

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.

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

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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 $1,399 at Piping Rock Apartments.

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 $1,594 at Lakeside of Cheshire.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.