364 Colonial Ave
WaterburyCT06704
Cheap Homes for Rent in Downtown Waterbury Neighborhood of Waterbury, CT from $1,200 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Waterbury area of Waterbury.
close
View Me
$1,2001 Bedroom Apartments Available Now
161 Prospect St, Unit 2
161 Prospect StWaterbury, CT 06710
196 Hillside Ave, Unit #7
196 Hillside Ave
WaterburyCT06710
88-90 Willow Street, #2S, Unit #2S
88-90 Willow St
WaterburyCT06710
32 Willow St, Unit #1A
32 Willow St
WaterburyCT06710
close
View Me
$1,2501 Bedroom Apartments Available Now
151 Hillside Ave, Unit 1E
151 Hillside AveWaterbury, CT 06710
close
View Me
$1,300
Plus Fees
1 Bedroom Apartments Contact Us For Availability31 Frederick St
31 Frederick StWaterbury, CT 06710
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.
1720 E Main St
WaterburyCT06705
48 Irion St
WaterburyCT06704
close
View Me
$1,4502 Bedroom Apartments Available Now
40 Whitewood Rd, Unit 26
40 Whitewood RdWaterbury, CT 06708
89 Willow St, Unit #1
89 Willow St
WaterburyCT06710
61 Field St, Unit 106
61 Field St
WaterburyCT06702
close
View Me
$1,5003 Bedroom Apartments Available Now
11 Ridgewood St, Unit third floor
11 Ridgewood StWaterbury, CT 06710
close
View Me
$1,5003 Bedroom Apartments Available Now
468 Congress Ave, Unit third floor
468 Congress AveWaterbury, CT 06708
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.
close
View Me
$1,5003 Bedroom Apartments Available Now
89 Wood St, Unit 3
89 Wood StWaterbury, CT 06704
close
View Me
$1,5502 Bedroom Apartments Available Now
16 Byron St, Unit 1
16 Byron StWaterbury, CT 06704
259 Grove St
WaterburyCT06710
close
View Me
$1,6003 Bedroom Apartments Available Now
30 Walnut Ave, Unit 2
30 Walnut AveWaterbury, CT 06704
236 Hillside Ave, Unit #3
236 Hillside Ave
WaterburyCT06710
close
View Me
$1,6002 Bedroom Apartments Available Now
89 Wood St, Unit 1
89 Wood StWaterbury, CT 06704
close
View Me
$1,6003 Bedroom Apartments Available Nov 15
9 Marley Pl, Unit 1
9 Marley PlWaterbury, CT 06705
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.
close
View Me
$1,6003 Bedroom Apartments Available Now
1110 W Main St, Unit 2
1110 W Main StWaterbury, CT 06708
close
View Me
$1,6003 Bedroom Apartments Available Now
35 Merrill St, Unit 3
35 Merrill StWaterbury, CT 06708
close
View Me
$1,6503 Bedroom Apartments Available Now
259 Cooke St, Unit 2
259 Cooke StWaterbury, CT 06710
close
View Me
$1,6503 Bedroom Apartments Available Now
363 Berkeley Ave, Unit 1
363 Berkeley AveWaterbury, CT 06704
close
View Me
$1,6503 Bedroom Apartments Available Now
44 Silver St, Unit 2
44 Silver StWaterbury, CT 06705
close
View Me
$1,8003 Bedroom Apartments Available Now
182 Jersey St, Unit 2
182 Jersey StWaterbury, CT 06706
89 Waterville St
WaterburyCT06710
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.
46 Webb St
WaterburyCT06704
Showing Results 1-29, Page 1 of 1
Downtown Waterbury, Waterbury, CT Local Guide
How much does it cost to rent a home in Downtown Waterbury?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Waterbury 2 Bedroom Homes for Rent | $1,906 | $1,350 | $2,600 |
| Downtown Waterbury 3 Bedroom Homes for Rent | $2,308 | $1,600 | $3,500 |
| Downtown Waterbury 4 Bedroom Homes for Rent | $2,364 | $1,700 | $3,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Downtown Waterbury Neighborhood of Waterbury, CT.
Explore Waterbury
Downtown Waterbury, Waterbury, CT Local Guide
- Nearby Waterbury neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Waterbury Apartments for Rent
The cheapest available apartment rental in the Downtown Waterbury area of Waterbury, CT is a 1 Bed unit found at Grove Court priced from $900. Josephine Towers Senior Living has the second lowest priced unit, which is a Studio apartment currently listed from $1,292. Here are the most affordable Downtown Waterbury apartments for rent in Waterbury, CT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grove Court | One Bedroom | 1BR,1BA | $900 |
| Josephine Towers Senior Living | Studio, 1 bath | Studio,1BA | $1,292 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1,350 |
| Rivers Edge | The Essex | Studio,1BA | $1,421 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1,425 |
| Meridian Apartments | 1 Bedroom | 1BR,1BA | $1,455 |
Best Value Apartments for Rent in Downtown Waterbury, CT
As of May 25, 2026 the best value apartment in the Downtown Waterbury area is the $1.08 price per square foot 39 Chestnut Ave Model at 39 Chestnut Ave, Unit 2 in the in the Waterbury Middlebury neighborhood starting from $1,450. The second greatest value Downtown Waterbury apartment is the 214 Oak St Model at 214 Oak St, Unit 3 starting at $1,800 with a $1.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 39 Chestnut Ave, Unit 2 | 39 Chestnut Ave | 3BR,2BA | $1.08 |
| 214 Oak St, Unit 3 | 214 Oak St | 3BR,1BA | $1.48 |
| 182 Jersey St, Unit 2 | 182 Jersey St | 3BR,1BA | $1.50 |
| 95 Bristol St, Unit 2B | 95 Bristol St | 2BR,1.5BA | $1.64 |
| Middlebury Crossing Apartments | 2 Bedroom/1.5 Bath Townhome | 2BR,1.5BA | $1.81 |
| 78 Chestnut Ave | 78 Chestnut Ave | 3BR,1BA | $1.43 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.76 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1.80 |
| Grove Court | One Bedroom | 1BR,1BA | $1.29 |
| 144 Grove St, Unit 310 | 144 Grove St | Studio ,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.
Read Article
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 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.
Let everyone know!
Do you know the Downtown Waterbury area?
If you’re an expert on all things Downtown Waterbury, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Waterbury, Waterbury, CT
Ranked #2
Among cities in Connecticut for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Waterbury
What type of rentals are currently available in Downtown Waterbury?
There are currently 633 Apartments for Rent in Downtown Waterbury, CT with pricing that ranges from $850 to $2,800. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waterbury ranging from $1,200 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 $1,200 to $3,500 with an average monthly rent of $1,960.
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 $1,400 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,450.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.