
Cheap Apartments for Rent in Waterbury, CT from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterbury.


Grove Court

144 Grove St

915 S Main St

135 W Main St

132 Locust St

Liberty Court

483 Chestnut Hill Ave
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.

1015 W Main St

134 Hill St

17 1st Ave

197 S Leonard St

160 Prospect St

Jefferson Square Apartments

Trinity Apartments

Store Avenue Apartments
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.

Waterbury Plaza Apartments

Newman Apartments

146 Grand St

Westview Apartments

Cherry Street Apartments

Liberty Commons Apartments

Hillcrest Luxury Condominiums

Towerview Apartments
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.

Byam Village

East Gate Apartments

Southford Park

Sunset Gardens

369 - 375 Grandview Ave

Lamda Rho Apartments

Bunker Hill

Courtyard Apartments
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.

Woodtick Mews

Southwood Apartments
Waterbury, CT Local Guide

How much does it cost to rent an apartment in Waterbury?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Waterbury Studio Apartments | $1,238 | $925 | $1,795 |
| Cheap Waterbury 1 Bedroom Apartments | $1,395 | $800 | $2,491 |
| Cheap Waterbury 2 Bedroom Apartments | $1,669 | $1,050 | $2,825 |
| Cheap Waterbury 3 Bedroom Apartments | $1,856 | $1,350 | $2,800 |
| Cheap Waterbury 4 Bedroom Apartments | $2,154 | $1,450 | $3,100 |
Browse Top Apartments in Waterbury
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Waterbury, CT Local Guide

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Cheapest Neighborhoods for Apartments in Waterbury, CT
Pricing Updated: 02/24/2026Current apartment rentals in the Waterbury, CT area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Waterbury Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Waterbury | $3,000 | $900 | 37 |
Cheapest Available Waterbury Apartments for Rent
 The cheapest available apartment rental in Waterbury, CT is a 1 Bed unit found at Grove Court in the Waterbury Middlebury neighborhood priced from $900. Jefferson Square Apartments in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Waterbury apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grove Court | One Bedroom | 1BR,1BA | $900 |
| Jefferson Square Apartments | Studio | Studio,1BA | $1,100 |
| Josephine Towers Senior Living | Studio, 1 bath | Studio,1BA | $1,292 |
| Wyndham Court Apartments | One Bedroom | 1BR,1BA | $1,295 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1,350 |
| Villa Square LLC | Large Studio | Studio,1BA | $1,375 |
| Trowbridge House Apartments | 1 Bedroom | 1BR,1BA | $1,395 |
| Eastwood Terrace | The Yorkdale | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Waterbury, CT
As of February 24, 2026 the best value apartment in the Waterbury area is the $0.79 price per square foot 208 Buckingham St Model at 208 Buckingham St, Unit Apartment 1 in the in the Waterbury Middlebury neighborhood starting from $1,900. The second greatest value Waterbury apartment is the 3Beds Model at 223 Meadow St starting at $2,300 with a $1.53 price per square foot in the The Village at Oxford Greens neighborhood. Here is today’s list of the best values for Waterbury apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 208 Buckingham St, Unit Apartment 1 | 208 Buckingham St | 3BR,2BA | $0.79 |
| 223 Meadow St | 3Beds | 3BR,1.5BA | $1.53 |
| 39 Chestnut Ave, Unit 2 | 39 Chestnut Ave | 3BR,2BA | $1.02 |
| 78 Chestnut Ave | 78 Chestnut Ave | 4BR,1BA | $1.37 |
| 37 Eastwood Ave, Unit 2 | 37 Eastwood Ave | 2BR,1BA | $1.25 |
| 12 Hilltop Ave, Unit 1st Floor | 12 Hilltop Ave | 2BR,1BA | $1.58 |
| Lakeview | The Kingsbury | 2BR,1BA | $1.63 |
| 256 Plank Rd, Unit 2 floor | 256 Plank Rd | 2BR,1BA | $1.62 |
| Wyndham Court Apartments | One Bedroom | 1BR,1BA | $1.44 |
| Grove Court | One Bedroom | 1BR,1BA | $1.29 |
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.
Waterbury Overview
Affectionately referred to as the 'Brass City', Waterbury is the 9th largest municipality in New England. Home to a number of universities, this on-the-move blue collar town collects over 100K proud residents and makes an excellent option for anyone considering a move to glorious Connecticut.
Why live in Waterbury, CT?
Steeped in local history and offering much in the way of modern amenities, life in Waterbury apartments is an excellent way to experience all that Connecticut has to offer. From area universities that consistently make the grade to plenty of public park land and a host of retail shopping and nightlife options, this east coast destination is a gem of the New England scene.
Best Local Schools in Waterbury, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterbury, CT Rentals by Map
See the most popular apartments and homes in Waterbury, CT
Frequently Asked Questions about Cheap Waterbury Apartments
What is the Cheapest Studio apartment in Waterbury?
Currently the most affordable Cheap Studio Apartment in Waterbury is at Jefferson Square Apartments listed at $1,100.
How much is rent for a Cheap One Bedroom Waterbury Apartment?
The lowest price for a Cheap One Bedroom Waterbury Apartment is $900 at Grove Court.
What is the lowest price for a Cheap Two Bedroom Waterbury Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterbury is starting from $1,595 at Wyndham Court Apartments.
What is the most affordable Waterbury Three Bedroom Apartment?
The best deal on a cheap Waterbury Three Bedroom Apartment rental is at Diamond Court Apartments and starts from $1,600.
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

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.

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.