105 Division St
WaterburyCT06704
Cheap Homes for Rent in Prospect, CT from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
1720 E Main St
WaterburyCT06705
48 Irion St
WaterburyCT06704
13 Broken Arrow Rd
HamdenCT06518
417 N Walnut St
WaterburyCT06704
909 Hamilton Ave
WaterburyCT06706
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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$1,6503 Bedroom Apartments Available Now
44 Silver St, Unit 2
44 Silver StWaterbury, CT 06705
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$1,6503 Bedroom Apartments Available Now
60 South St, Unit 2
60 South StWaterbury, CT 06706
31 Melrose Ave, Unit 2
31 Melrose Ave
WaterburyCT06705
146 Edson Ave, Unit 1st Floor
146 Edson Ave
WaterburyCT06705
58 High St
WaterburyCT06704
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$1,8503 Bedroom Apartments Available Aug 1
98 Hartley Dr, Unit 98
98 Hartley DrWaterbury, CT 06705
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.
100 Meriden Rd, Unit A
100 Meriden Rd
WaterburyCT06705
Showing Results 1-13, 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 a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,921 | $1,300 | $2,600 |
| Prospect 3 Bedroom Homes for Rent | $2,720 | $1,600 | $3,500 |
| Prospect 4 Bedroom Homes for Rent | $3,682 | $2,500 | $5,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Prospect
Explore 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1,399 |
| Lakeside of Cheshire | A1 | 1BR,1BA | $1,418 |
| Summit Ridge Estates | Douglas Loft | 1BR,1BA | $1,475 |
| Lakeview | The Ashford | 1BR,1BA | $1,572 |
| Eastwood Terrace | The Promenade | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Prospect, CT and Nearby
As of June 04, 2026 the best value apartment in the Prospect area is the $1.44 price per square foot The Promenade Model at Eastwood Terrace in the in the Waterbury Middlebury neighborhood starting from $1,650. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eastwood Terrace | The Promenade | 2BR,1.5BA | $1.44 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.73 |
| Summit Ridge Estates | The Glengrove | 1BR,1BA | $1.87 |
| Lakeside of Cheshire | A1 | 1BR,1BA | $1.85 |
| Lakeview | The Ashford | 1BR,1BA | $2.31 |
| 107 Blanchard St, Unit Apartment | 107 Blanchard St | 2BR,1BA | $2.85 |
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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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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See the most popular apartments and homes in Prospect, CT
Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 145 Apartments for Rent in Prospect, CT with pricing that ranges from $1,100 to $3,217. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $1,300 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 $1,300 to $5,400 with an average monthly rent of $2,774.
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 $1,600 to $2,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,900.
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
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.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.