Cheap Homes for Rent in the Downtown Waterbury Neighborhood of Waterbury, CT from $1,100 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Waterbury area of Waterbury.

property at 150 Chestnut Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Condo for Rent

Available Now

150 Chestnut Ave

WaterburyCT06710
property at 35 Mountain Village Rd

$1,295

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

35 Mountain Village Rd, Unit 28

35 Mountain Village Rd
WaterburyCT06706
property at 48 Irion St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Condo for Rent

Available Now

48 Irion St

WaterburyCT06704
property at 1720 E Main St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1720 E Main St

WaterburyCT06705

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.

property at 21 3rd St

$1,495

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Aug 15

21 3rd St, Unit 1B

21 3rd St
WaterburyCT06708

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.

property at 25 Lisa Ct

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

25 Lisa Ct

WaterburyCT06704
property at 893 Highland Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

4 Bedroom, 3 Bath Condo for Rent

Available Now

893 Highland Ave

WaterburyCT06708

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.

Downtown Waterbury, Waterbury, CT Local Guide

Cheapest Available Downtown Waterbury Apartments for Rent

 

The cheapest available apartment rental in the Downtown Waterbury area of Waterbury, CT is a Studio unit found at Liberty Court priced from $850. Grove Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Downtown Waterbury apartments for rent in Waterbury, CT:

Apartment ListingModel NameBed/BathPriced From
Liberty CourtStudioStudio,1BA$850
Grove CourtOne Bedroom1BR,1BA$950
1243 W Main StOne Bedroom1BR,1BA$1,350
Piping Rock ApartmentsOne Bedroom1BR,1BA$1,399
Meridian Apartments1 Bedroom1BR,1BA$1,475

Best Value Apartments for Rent in Downtown Waterbury, CT

As of July 09, 2026 the best value apartment in the Downtown Waterbury area is the $1.01 price per square foot 41 Laval St Model at 41 Laval St, Unit Laval Apt 2 in the in the Waterbury Middlebury neighborhood starting from $1,775. The second greatest value Downtown Waterbury apartment is the 465 Washington Ave Model at 465 Washington Ave, Unit 465 Washington starting at $2,500 with a $1.79 price per square foot in the Waterbury Middlebury neighborhood. Here is today’s list of the best values for Downtown Waterbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
41 Laval St, Unit Laval Apt 241 Laval St2BR,1BA$1.01
465 Washington Ave, Unit 465 Washington465 Washington Ave3BR,1.5BA$1.79
27 Cooke St, Unit Cooke Apt 127 Cooke St4BR,1BA$1.82
Middlebury Crossing Apartments2 Bedroom/1.5 Bath Townhome2BR,1.5BA$1.81
36 Gilbert St36 Gilbert St1BR,1BA$1.40
160 Waterville St, Unit Waterville red160 Waterville St3BR,1BA$1.89
Piping Rock ApartmentsOne Bedroom1BR,1BA$1.73
1243 W Main StOne Bedroom1BR,1BA$1.80
Grove CourtOne Bedroom1BR,1BA$1.36
144 Grove St, Unit 310144 Grove StStudio ,1BA$1.63

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.

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Real 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 Article
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Quick 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.

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Pet Friendly Lifestyle
Downtown Waterbury, Waterbury, CT

Ranked #2

Among cities in Connecticut for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Downtown Waterbury

What type of rentals are currently available in Downtown Waterbury?

There are currently 625 Apartments for Rent in Downtown Waterbury, CT with pricing that ranges from $950 to $2,700. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waterbury ranging from $1,100 to $3,500.

What is the current price range for Rental Homes in Downtown Waterbury?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Waterbury ranges from $1,100 to $3,500 with an average monthly rent of $2,155.

How much are larger Three and Four Bedroom Rentals in Downtown Waterbury?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Waterbury range from $1,300 to $2,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,500.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.