
Cheap Apartments for Rent in Waterbury, CT from $850 (97 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterbury.


124 Meriden Rd

Grove Court

198 Meriden Rd

135 W Main St

105 Bank St

140 Grand St, Unit 4B

121 Lounsbury St

132 Locust St

125 Hillside Ave
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.

27 Benham St

35 Mountain Village Rd, Unit 28

33 Pilgrim Ave

28 Hickory St

151 Hillside Ave, Unit 1E

31 Frederick St, Unit 31 frederick 1

241 Congress Ave

238 Moran St

Total Monthly Price
495 Washington Ave, Unit #2

221 Willow St
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.

1017-1023 W Main St

423-429 Baldwin St

1019 W Main St

429 Baldwin St

Wyndham Court Apartments

1243 W Main St

Villa Square LLC

69 Congress Ave

Piping Rock Apartments

Eastwood Terrace
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

31 Frederick St, Unit 2

222 Chipman St

219 Woodlawn Terrace

95 Sunnyside Ave

449 Wilson St

140 Grand St, Unit 2A

404 Congress Ave

111 Vail St, Unit 2nd floor

Total Monthly Price
39 Chestnut Ave, Unit 2

Total Monthly Price
78 Chestnut Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

77 Alma St

Scott Gardens Apartments

Meridian Apartments

Summit Ridge Estates

21 3rd St, Unit 1B

48 Poplar St

486 Wilson St

64 Irion St

27 Waterville St

28 Santoro St
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.
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 | $1,365 | $925 | $1,946 |
| Cheap Waterbury 1 Bedroom Apartments | $1,502 | $950 | $2,607 |
| Cheap Waterbury 2 Bedroom Apartments | $1,761 | $1,150 | $3,017 |
| Cheap Waterbury 3 Bedroom Apartments | $1,813 | $1,300 | $2,450 |
| Cheap Waterbury 4 Bedroom Apartments | $2,086 | $1,575 | $2,600 |
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Waterbury, CT Local Guide

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Cheapest Neighborhoods for Apartments in Waterbury, CT
Pricing Updated: 08/24/2026Current apartment rentals in the Waterbury, CT area range in price from $925 to $2,600 with an overall median price of $1,600. 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 | $1,600 | $925 | 124 |
Cheapest Available Waterbury Apartments for Rent
 The cheapest available apartment rental in Waterbury, CT is a Studio unit found at Liberty Court in the Waterbury neighborhood priced from $850. Grove Court in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Waterbury apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Court | Studio | Studio,1BA | $850 |
| Grove Court | One Bedroom | 1BR,1BA | $950 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1,350 |
| Lakeside of Cheshire | S1 | Studio,1BA | $1,350 |
| Wyndham Court Apartments | One Bedroom | 1BR,1BA | $1,350 |
| Trowbridge House Apartments | 1 Bedroom | 1BR,1BA | $1,395 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1,399 |
| Meridian Apartments | 1 Bedroom | 1BR,1BA | $1,475 |
| Scott Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Waterbury, CT
As of August 24, 2026 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 83 Southview St Model at 83 Southview St, Unit Third floor starting at $1,600 with a $1.33 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 223 Meadow St | 3Beds | 3BR,1.5BA | $1.53 |
| 83 Southview St, Unit Third floor | 83 Southview St | 3BR,1BA | $1.33 |
| Middlebury Crossing Apartments | 2 Bedroom/1.5 Bath Townhome | 2BR,1.5BA | $1.81 |
| 11 Aetna Pl, Unit 1 | 11 Aetna Pl | 2BR,1BA | $1.32 |
| 256 Plank Rd, Unit 2 floor | 256 Plank Rd | 2BR,1BA | $1.73 |
| Wyndham Court Apartments | One Bedroom | 1BR,1BA | $1.50 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.73 |
| Trowbridge House Apartments | 1 Bedroom | 1BR,1BA | $1.80 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1.80 |
| Grove Court | One Bedroom | 1BR,1BA | $1.36 |
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 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.
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.
Waterbury, CTPopulation: 108,093
Ranked #283
in US Census Population by City
Best Local Schools in Waterbury, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 Liberty Court listed at $850.
How much is rent for a Cheap One Bedroom Waterbury Apartment?
The lowest price for a Cheap One Bedroom Waterbury Apartment is $950 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 $1,600 at 1243 W Main St.
What is the most affordable Waterbury Three Bedroom Apartment?
The best deal on a cheap Waterbury Three Bedroom Apartment rental is at Scott Gardens Apartments and starts from $2,150.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.