Cheap Homes for Rent in Prospect, CT from $900 (10 Rentals)

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

property at 68 Adelaide Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

68 Adelaide Ave

WaterburyCT06708
property at 31 Craftwood Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

31 Craftwood Rd

WaterburyCT06704
property at 63 Woodbine St

$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

63 Woodbine St

NaugatuckCT06770
property at 1372 New Haven Rd

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

1372 New Haven Rd

NaugatuckCT06770

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 168 Mulloy Rd

$1,595

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 1

168 Mulloy Rd

WaterburyCT06705
property at 168 Mulloy Rd

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1.25 Bath Townhome for Rent

Available Now

168 Mulloy Rd

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 Mar 1

146 Edson Ave, Unit 1st Floor

146 Edson Ave
WaterburyCT06705
property at 109 Lakeview 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 Home for Rent

Available Now

109 Lakeview Ave, Unit 1

109 Lakeview Ave
WaterburyCT06705
property at 45 Ives St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

45 Ives St

WaterburyCT06704

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.

Prospect, CT Local Guide

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. Scott Gardens Apartments in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,425. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eastwood TerraceThe Yorkdale1BR,1BA$1,400
Scott Gardens Apartments1 Bedroom1BR,1BA$1,425
Lakeside of CheshireStudioStudio,1BA$1,595

Best Value Apartments for Rent in Prospect, CT and Nearby

As of February 26, 2026 the best value apartment in the Prospect area is the $1.88 price per square foot 610 Ives Row Model at 610 Ives Row, Unit 3 Bedroom 2 Full Bath in the in the Cheshire Crossing neighborhood starting from $2,700. The second greatest value Prospect apartment is the 37 Eastwood Ave Model at 37 Eastwood Ave, Unit 2 starting at $1,500 with a $1.25 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.
610 Ives Row, Unit 3 Bedroom 2 Full Bath610 Ives Row3BR,2BA$1.88
37 Eastwood Ave, Unit 237 Eastwood Ave2BR,1BA$1.25
LakeviewThe Kingsbury2BR,1BA$1.63
256 Plank Rd, Unit 2 floor256 Plank Rd2BR,1BA$1.62
Eastwood TerraceThe Yorkdale1BR,1BA$1.70
Scott Gardens Apartments1 Bedroom1BR,1BA$2.38
Lakeside of CheshireStudioStudio ,1BA$3.63

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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!

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Frequently Asked Questions about Prospect

What type of rentals are currently available in Prospect?

There are currently 149 Apartments for Rent in Prospect, CT with pricing that ranges from $1,150 to $2,825. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $900 to $5,400.

What is the current price range for Rental Homes in Prospect?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect ranges from $900 to $5,400 with an average monthly rent of $2,524.

How much are larger Three and Four Bedroom Rentals in Prospect?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect range from $1,500 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $2,500.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.