
Cheap Apartments for Rent in Waterbury, CT from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterbury.


77 Bank St

22 E Dover St

Liberty Court

1660 E Main St

Jefferson Square Apartments
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.
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.
Cash 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.
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.
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 | $1,249 | $1,085 | $1,795 |
| Cheap Waterbury 1 Bedroom Apartments | $1,447 | $930 | $2,491 |
| Cheap Waterbury 2 Bedroom Apartments | $1,676 | $1,200 | $2,825 |
| Cheap Waterbury 3 Bedroom Apartments | $1,842 | $1,300 | $2,500 |
| Cheap Waterbury 4 Bedroom Apartments | $2,142 | $1,450 | $3,100 |
Browse Top Apartments in Waterbury
See all Apartments in WaterburyExplore Waterbury
Waterbury, CT Local Guide

- Waterbury Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Waterbury, CT
Pricing Updated: 12/20/2025Current 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 | $2,000 | $930 | 115 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grove Court | One Bedroom | 1BR,1BA | $930 |
| Liberty Court | 1 Bed HMA | 1BR,1BA | $1,025 |
| Jefferson Square Apartments | Studio | Studio,1BA | $1,100 |
| Wyndham Court Apartments | One Bedroom | 1BR,1BA | $1,195 |
| Villa Square LLC | Efficiency | Studio,1BA | $1,195 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1,250 |
| Josephine Towers Senior Living | Studio, 1 bath | Studio,1BA | $1,292 |
| Trowbridge House Apartments | 1 Bedroom | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Waterbury, CT
As of December 20, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 223 Meadow St | 3Beds | 3BR,1.5BA | $1.53 |
| 39 Chestnut Ave, Unit 2 | 39 Chestnut Ave | 3BR,2BA | $1.02 |
| 51 Norman St, Unit #2 | 51 Norman St | 3BR,1BA | $1.64 |
| Lakeview | The Kingsbury | 2BR,1BA | $1.63 |
| Wyndham Court Apartments | One Bedroom | 1BR,1BA | $1.33 |
| 67 Dallas Ave, Unit 9 | 67 Dallas Ave | 2BR,1BA | $1.53 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.72 |
| Trowbridge House Apartments | 1 Bedroom | 1BR,1BA | $1.75 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1.67 |
| Grove Court | One Bedroom | 1BR,1BA | $1.33 |
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 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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,395.
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 $215 which is $1,785 cheaper than the average rent for all rentals in Waterbury.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.



















