Cheap Apartments for Rent in Waterbury, CT from $500 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waterbury.

property at 155 Robbins St

155 Robbins St

WaterburyCT06708
property at 61 Field St

61 Field St

WaterburyCT06702
property at 77 Bank St

77 Bank St

WaterburyCT06702
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Trinity Apartments
Studio to 3 Bedroom Apartments

Trinity Apartments

41 Prospect StWaterbury, CT 06702
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Newman Apartments
1 to 3 Bedroom Apartments

Newman Apartments

27 Newman AveWaterbury, CT 06705
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146 Grand St
Studio to 1 Bedroom Apartments

146 Grand St

146 Grand StWaterbury, CT 06702
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Westview Apartments
1 to 3 Bedroom Apartments

Westview Apartments

170 Hillside AveWaterbury, CT 06710
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Towerview Apartments
Studio to 2 Bedroom Apartments

Towerview Apartments

380 W Main StWaterbury, CT 06702
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Byam Village
1 to 3 Bedroom Apartments

Byam Village

1802 Meriden RdWaterbury, CT 06705
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East Gate Apartments
Studio to 2 Bedroom Apartments

East Gate Apartments

2171-2221 E Main StWaterbury, CT 06705
Senior Living
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Southford Park
1 to 3 Bedroom Apartments

Southford Park

102 National AveWaterbury, CT 06705
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Sunset Gardens
1 to 3 Bedroom Apartments

Sunset Gardens

1740 Meriden RdWaterbury, CT 06705
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Lamda Rho Apartments
Studio to 2 Bedroom Apartments

Lamda Rho Apartments

330 Bishop StWaterbury, CT 06704
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Bunker Hill
1 to 3 Bedroom Apartments

Bunker Hill

17 Eastern AveWaterbury, CT 06708
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Courtyard Apartments
2 to 3 Bedroom Apartments

Courtyard Apartments

42 Johnson StWaterbury, CT 06710
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Woodtick Mews
1 Bedroom Apartments

Woodtick Mews

959-981 Woodtick RdWolcott, CT 06716
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Southwood Apartments
2 to 3 Bedroom Apartments

Southwood Apartments

933 Rubber AveNaugatuck, CT 06770
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Waterbury, CT Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Waterbury, CT

Pricing Updated: 11/03/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Waterbury$2,000$800111

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 $930. Liberty Court in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Waterbury apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grove CourtOne Bedroom1BR,1BA$930
Liberty Court1 Bed HMA1BR,1BA$1,025
Jefferson Square ApartmentsStudioStudio,1BA$1,100
Eastwood TerraceThe EatonStudio,1BA$1,175
Wyndham Court ApartmentsOne Bedroom1BR,1BA$1,195
Villa Square LLCEfficiencyStudio,1BA$1,225
1243 W Main StOne Bedroom1BR,1BA$1,250
Josephine Towers Senior LivingStudio, 1 bathStudio,1BA$1,292

Best Value Apartments for Rent in Waterbury, CT

As of November 03, 2025 the best value apartment in the Waterbury area is the $1.53 price per square foot 3Beds Model at 223 Meadow St in the in the The Village at Oxford Greens neighborhood starting from $2,300. The second greatest value Waterbury apartment is the 39 Chestnut Ave Model at 39 Chestnut Ave, Unit 2 starting at $1,375 with a $1.02 price per square foot in the Waterbury Middlebury neighborhood. Here is today’s list of the best values for Waterbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
223 Meadow St3Beds3BR,1.5BA$1.53
39 Chestnut Ave, Unit 239 Chestnut Ave3BR,2BA$1.02
51 Norman St, Unit #251 Norman St3BR,1BA$1.72
95 Bristol St, Unit 3D95 Bristol St2BR,1.5BA$1.64
7 Kenyon St, Unit 2 bedroom, 1 bath7 Kenyon St2BR,1BA$1.25
Wyndham Court ApartmentsOne Bedroom1BR,1BA$1.33
Piping Rock ApartmentsOne Bedroom1BR,1BA$1.72
15 Seymour St, Unit 3rd Floor15 Seymour St1BR,1BA$1.69
1243 W Main StOne Bedroom1BR,1BA$1.67
Grove CourtOne Bedroom1BR,1BA$1.33

Quick Rent Budget Calculator

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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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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.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waterbury, CT Rentals by Map

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Getting Around Waterbury, CT

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Waterbury Apartments

What is a cheap apartment in Waterbury?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterbury is under $1,292.

What is the price of a cheap apartment in Waterbury?

The cheapest apartment in Waterbury is Grove Court which is listed at $930, while the average apartment in Waterbury costs $2,000.

What types of apartments are the cheapest in Waterbury?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Waterbury that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waterbury?

Cheap apartments in Waterbury have an average cost of $161 which is $1,839 cheaper than the average rent for all rentals in Waterbury.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.