777 East St
WaterburyCT06705
Cheap Homes for Rent near Prospect, CT from $950 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
35 Mountain Village Rd, Unit 28
35 Mountain Village Rd
WaterburyCT06706
47 Irion St
WaterburyCT06704
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.
975 Meriden Rd
WaterburyCT06705
108 Ives St
WaterburyCT06704
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$1,5002 Bedroom Apartments Available Now
3185 E Main St, Unit 5
3185 E Main StWaterbury, CT 06705
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.
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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 | $2,029 | $1,525 | $2,650 |
| Prospect 3 Bedroom Homes for Rent | $2,299 | $1,300 | $3,500 |
| Prospect 4 Bedroom Homes for Rent | $2,600 | $2,350 | $3,250 |
| Prospect 5 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
| Prospect 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 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 |
| Scott Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Prospect, CT and Nearby
As of September 05, 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 256 Plank Rd Model at 256 Plank Rd, Unit 2 floor starting at $1,600 with a $1.73 price per square foot in the Waterbury 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 |
| 256 Plank Rd, Unit 2 floor | 256 Plank Rd | 2BR,1BA | $1.73 |
| Lakeview | The Atwood | 2BR,1BA | $2.40 |
| 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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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 $950 to $4,200. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $950 to $3,995.
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 $950 to $3,995 with an average monthly rent of $2,200.
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 $2,350, 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 $2,350 and Four Bedroom Apartments start at $1,800.
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.