198 Meriden Rd
WaterburyCT06705
Cheap Apartments for Rent near Prospect, CT from $950 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.
121 Lounsbury St
WaterburyCT06706
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$1,200 - $1,400
Total Monthly Price
Base Rent$1,200 - $1,400
Total Monthly Price$1,200 - $1,400
Eastwood Terrace
366 Schraffts DrWaterbury, CT 06705
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$1,235 - $3,102
Total Monthly Price
Base Rent$1,235 - $3,102
Total Monthly PriceVaries
Lakeside of Cheshire
50 Hazel DrCheshire, CT 06410
170 Meriden Rd
WaterburyCT06705
187 Scott Rd
WaterburyCT06705
36 Silver St
WaterburyCT06705
35 Mountain Village Rd, Unit 28
35 Mountain Village Rd
WaterburyCT06706
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.
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Rent Specials
$1,399
Total Monthly Price
Base Rent$1,399
Total Monthly Price$1,399
Piping Rock Apartments
1579 Hamilton AveWaterbury, CT 06706
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$1,475 - $2,150
Total Monthly Price
Base Rent$1,475 - $2,150
Total Monthly Price$1,475 - $2,150
Scott Gardens Apartments
90 Stonefield DrWaterbury, CT 06705
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$1,475 - $1,850
Total Monthly Price
Base Rent$1,475 - $1,850
Total Monthly Price$1,475 - $1,850
Summit Ridge Estates
300 Schraffts DrWaterbury, CT 06705
77 Alma St
WaterburyCT06705
178 Peach Orchard Rd, Unit #2
178 Peach Orchard Rd
WaterburyCT06706
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$1,600
Total Monthly Price
Base Rent$1,600
Total Monthly Price$1,600
30 Temple St, Unit 1
30 Temple StWaterbury, CT 06706
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$1,600
Total Monthly Price
Base Rent$1,600
Total Monthly Price$1,600
83 Southview St, Unit Third floor
83 Southview StWaterbury, CT 06706
178 Peach Orchard Rd
WaterburyCT06706
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
161 Edgewood Ave
WaterburyCT06706
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$1,650 - $2,150
Total Monthly Price
Base Rent$1,650 - $2,150
Total Monthly Price$1,650 - $2,150
Highland Ridge
329-353 Schraffts DrWaterbury, CT 06705
1120 Baldwin St
WaterburyCT06706
20 Coe St
WaterburyCT06704
29 Madison St
WaterburyCT06706
69 Beecher Ave
WaterburyCT06705
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1 to 2 Bedroom Apartments
Store Avenue Apartments
9 Store AveWaterbury, CT 06705
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1 to 3 Bedroom Apartments
Newman Apartments
27 Newman AveWaterbury, CT 06705
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.
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2 Bedroom Apartments
Hillcrest Luxury Condominiums
138 Hillcrest AveWaterbury, CT 06705
777 East St
WaterburyCT06705
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1 to 3 Bedroom Apartments
Byam Village
1802 Meriden RdWaterbury, CT 06705
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Studio to 2 Bedroom Apartments
East Gate Apartments
2171-2221 E Main StWaterbury, CT 06705
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1 to 3 Bedroom Apartments
Southford Park
102 National AveWaterbury, CT 06705
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1 to 3 Bedroom Apartments
Sunset Gardens
1740 Meriden RdWaterbury, CT 06705
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1 to 3 Bedroom Apartments
Sunset Garden
101 Hitchcock RdWaterbury, CT 06705
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2 to 3 Bedroom Apartments
Villagewood Apartments
109 Village Wood DrWaterbury, CT 06705
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.
28 Hickory St
WaterburyCT06706
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1 to 4 Bedroom Apartments
Austin Heights Apartments
296 Austin RdWaterbury, CT 06705
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2 to 3 Bedroom Apartments
Ridgegate Apartments
170 Rosewood AveWaterbury, CT 06706
975 Meriden Rd
WaterburyCT06705
21 3rd St
WaterburyCT06708
893 Highland Ave
WaterburyCT06708
108 Ives St
WaterburyCT06704
502 Wilson St
WaterburyCT06708
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.
1568 Meriden Rd
WaterburyCT06705
1568 Meriden Rd
WaterburyCT06705
18 Bridge St
NaugatuckCT06770
35 Ives St
WaterburyCT06704
Showing Results 1-44, Page 1 of 1
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 | $1,415 | $950 | $1,831 |
| Prospect 1 Bedroom Apartments | $1,618 | $1,250 | $2,492 |
| Prospect 2 Bedroom Apartments | $1,783 | $1,150 | $2,986 |
| Prospect 3 Bedroom Apartments | $1,979 | $1,600 | $2,350 |
| Prospect 4 Bedroom Apartments | $2,800 | $1,800 | $3,800 |
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
- Nearby Cities
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Cheapest Available Prospect Apartments for Rent and Nearby
The cheapest available apartment rental in Prospect, CT is a Studio unit found at Lakeside of Cheshire in the Cheshire neighborhood priced from $1,235. Piping Rock Apartments in the Waterbury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeside of Cheshire | S1 | Studio,1BA | $1,235 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1,399 |
| Eastwood Terrace | The Yorkdale | 1BR,1BA | $1,400 |
| Scott Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,475 |
| Highland Ridge | 1B/2BD Highland Ridge | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Prospect, CT and Nearby
As of September 14, 2026 the best value apartment in the Prospect area is the $1.60 price per square foot 30 Temple St Model at 30 Temple St, Unit 1 in the in the Waterbury Middlebury neighborhood starting from $1,600. The second greatest value Prospect apartment is the The Candlewood Model at Lakeview starting at $2,038 with a $2.26 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 30 Temple St, Unit 1 | 30 Temple St | 2BR,1BA | $1.60 |
| Lakeview | The Candlewood | 2BR,1BA | $2.26 |
| Eastwood Terrace | The Yorkdale | 1BR,1BA | $1.70 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.73 |
| Highland Ridge | 1B/2BD Highland Ridge | 2BR,1BA | $2.06 |
| Scott Gardens Apartments | 1 Bedroom | 1BR,1BA | $2.46 |
| Lakeside of Cheshire | S1 | Studio ,1BA | $2.76 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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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.
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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
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 $1,303 at Lakeside of Cheshire.
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 Scott Gardens Apartments and starts from $2,150.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.