Cheap Apartments for Rent in Waterbury, CT from $500 (34 Rentals)

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

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.

property at 160 Prospect St

160 Prospect St

WaterburyCT06710
property at 135 W Main St

135 W Main St

WaterburyCT06702
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Trinity Apartments
Studio to 3 Bedroom Apartments

Trinity Apartments

41 Prospect StWaterbury, CT 06702
  • Utilities Included

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.

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Newman Apartments
1 to 2 Bedroom Apartments

Newman Apartments

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

146 Grand St

146 Grand StWaterbury, CT 06702
  • Utilities Included
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Westview Apartments
1 Bedroom Apartments

Westview Apartments

170 Hillside AveWaterbury, CT 06710
  • Utilities Included

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.

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380 W Main St
Studio to 1 Bedroom Apartments

380 W Main St

380 W Main StWaterbury, CT 06702
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Byam Village
1 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
  • Utilities Included
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Southford Park
2 to 3 Bedroom Apartments

Southford Park

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

Courtyard Apartments

42 Johnson StWaterbury, CT 06710
  • Utilities Included

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.

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Woodtick Mews
1 Bedroom Apartments

Woodtick Mews

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

Southwood Apartments

933 Rubber AveNaugatuck, CT 06770
  • Utilities Included

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: 07/02/2025

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$900120

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
Wyndham Court ApartmentsOne Bedroom1BR,1BA$1,195
1243 W Main StOne Bedroom1BR,1BA$1,250
Josephine Towers Senior LivingStudio, 1 bathStudio,1BA$1,292
Bunker HillTwo Bedroom2BR,1BA$1,315
Eastwood TerraceThe Yorkdale1BR,1BA$1,400
Meridian Apartments1 Bedroom1BR,1BA$1,430
Highland RidgeStudio Flex WDHighland Ridge1BR,1BA$1,450

Best Value Apartments for Rent in Waterbury, CT

As of July 03, 2025 the best value apartment in the Waterbury area is the $1.31 price per square foot 181 Easton Ave Model at 181 Easton Ave, Unit 1 in the in the Waterbury Middlebury neighborhood starting from $2,100. The second greatest value Waterbury apartment is the 7A Model at 223 Meadow St starting at $1,500 with a $1.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
181 Easton Ave, Unit 1181 Easton Ave4BR,1BA$1.31
223 Meadow St7A1BR,1.5BA$1.00
267 Sylvan Ave, Unit 3267 Sylvan Ave3BR,1BA$1.30
95 Bristol St, Unit 3D95 Bristol St2BR,1.5BA$1.64
Middlebury Crossing Apartments2 Bedroom/1.5 Bath Townhome2BR,1.5BA$1.68
Wyndham Court ApartmentsOne Bedroom1BR,1BA$1.33
Eastwood TerraceThe Yorkdale1BR,1BA$1.70
1243 W Main StOne Bedroom1BR,1BA$1.67
Grove CourtOne Bedroom1BR,1BA$1.33
67 Dallas Ave, Unit 1267 Dallas Ave2BR,1BA$1.56

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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 $1,450.

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 $143 which is $1,857 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.