63 Woodbine St
NaugatuckCT06770
Cheap Homes for Rent in Prospect, CT from $1,300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
48 Irion St
WaterburyCT06704
72 Walnut St
NaugatuckCT06770
1370 Highland Ave
WaterburyCT06708
89 Waterville St
WaterburyCT06710
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.
1400 Meriden Rd
WaterburyCT06705
975 Meriden Rd
WaterburyCT06705
close
View Me
$1,8003 Bedroom Apartments Available Now
182 Jersey St, Unit 2
182 Jersey StWaterbury, CT 06706
58 High St
WaterburyCT06704
262 Robin Ct
CheshireCT06410
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.
925 Oronoke Rd
WaterburyCT06708
Showing Results 1-11, 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 | $1,910 | $1,400 | $2,400 |
| Prospect 3 Bedroom Homes for Rent | $2,800 | $1,950 | $3,500 |
| Prospect 4 Bedroom Homes for Rent | $3,218 | $1,700 | $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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,425. Lakeview in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,617. 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 | $1,425 |
| Lakeview | The Ashford | 1BR,1BA | $1,617 |
| Scott Gardens Apartments | 2 Bedroom Townhouse | 2BR,1BA | $1,725 |
Best Value Apartments for Rent in Prospect, CT and Nearby
As of April 15, 2026 the best value apartment in the Prospect area is the $1.73 price per square foot 256 Plank Rd Model at 256 Plank Rd, Unit 2 floor in the in the Waterbury Middlebury neighborhood starting from $1,600. The second greatest value Prospect apartment is the 2 Bedroom Townhouse Model at Scott Gardens Apartments starting at $1,725 with a $2.10 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. |
|---|---|---|---|
| 256 Plank Rd, Unit 2 floor | 256 Plank Rd | 2BR,1BA | $1.73 |
| Scott Gardens Apartments | 2 Bedroom Townhouse | 2BR,1BA | $2.10 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.76 |
| Lakeview | The Ashford | 1BR,1BA | $2.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Prospect area?
If you’re an expert on all things Prospect, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Prospect
What type of rentals are currently available in Prospect?
There are currently 139 Apartments for Rent in Prospect, CT with pricing that ranges from $1,100 to $3,098. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $1,350 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 $1,350 to $5,400 with an average monthly rent of $2,507.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.
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.