
Cheap Homes for Rent in Prospect, CT from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


1370 Highland Ave

33 Giles St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

975 Meriden Rd

335 Meriden Rd

56 Ashley St

489 Wilson St

62 Pierpont Rd

52 Sharon Rd

671 Wilson St

15 Amber Ct

18 Bridge St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Prospect, CT Local Guide

How much does it cost to rent a home in Prospect?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect 2 Bedroom Homes for Rent | $2,013 | $1,600 | $3,150 |
Prospect 3 Bedroom Homes for Rent | $2,313 | $1,300 | $3,500 |
Prospect 4 Bedroom Homes for Rent | $3,245 | $2,200 | $3,900 |
Prospect 5 Bedroom Homes for Rent | $3,315 | $2,650 | $3,800 |
Prospect 6 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
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
 The cheapest available apartment rental in Prospect, CT is a 1 Bed unit found at Eastwood Terrace in the Marion neighborhood priced from $1,400. Highland Ridge in the Marion neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Prospect apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eastwood Terrace | The Yorkdale | 1BR,1BA | $1,400 |
Highland Ridge | Studio Flex WDHighland Ridge | 1BR,1BA | $1,450 |
Lakeview | The Ashford | 1BR,1BA | $1,578 |
Scott Gardens Apartments | Two Bedroom | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Prospect, CT
As of May 29, 2025 the best value apartment in the Prospect area is the $1.80 price per square foot 19 Eastwood Ave Model at 19 Eastwood Ave, Unit 2 in the in the Waterbury Middlebury neighborhood starting from $1,800. The second greatest value Prospect apartment is the The Yorkdale Model at Eastwood Terrace starting at $1,400 with a $1.70 price per square foot in the Marion 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. |
---|---|---|---|
19 Eastwood Ave, Unit 2 | 19 Eastwood Ave | 3BR,1BA | $1.80 |
Eastwood Terrace | The Yorkdale | 1BR,1BA | $1.70 |
Scott Gardens Apartments | Two Bedroom | 2BR,1BA | $2.01 |
Lakeview | The Ashford | 1BR,1BA | $2.30 |
Highland Ridge | Studio Flex WDHighland Ridge | 1BR,1BA | $2.90 |
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.
Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 140 Apartments for Rent in Prospect, CT with pricing that ranges from $900 to $3,300. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $1,000 to $3,900.
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 $1,000 to $3,900 with an average monthly rent of $2,503.
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 $1,400 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,350.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.