Cheap Homes for Rent in Downtown Waterbury Neighborhood of Waterbury, CT from $1,100 (24 Rentals)

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

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property at 117 Southview St

117 Southview St

WaterburyCT06706

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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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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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 1 Bed unit found at Grove Court priced from $930. Liberty Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Downtown Waterbury apartments for rent in Waterbury, CT:

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

Best Value Apartments for Rent in Downtown Waterbury, CT

As of July 30, 2025 the best value apartment in the Downtown Waterbury area is the $0.83 price per square foot 404 Congress Ave Model at 404 Congress Ave, Unit 404 Congress in the in the Waterbury Middlebury neighborhood starting from $1,435. The second greatest value Downtown Waterbury apartment is the 57 Faber Ave Model at 57 Faber Ave, Unit 2 floor starting at $1,550 with a $1.29 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.
404 Congress Ave, Unit 404 Congress404 Congress Ave2BR,1BA$0.83
57 Faber Ave, Unit 2 floor57 Faber Ave3BR,1BA$1.29
29 Lannen St, Unit 129 Lannen St2BR,1BA$1.57
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
7 Palmer Ave, Unit 17 Palmer Ave1BR,1BA$1.53
1243 W Main StOne Bedroom1BR,1BA$1.67
Grove CourtOne Bedroom1BR,1BA$1.33
67 Dallas Ave, Unit 567 Dallas Ave1BR,1BA$1.62

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Frequently Asked Questions about Downtown Waterbury

What type of rentals are currently available in Downtown Waterbury?

There are currently 608 Apartments for Rent in Downtown Waterbury, CT with pricing that ranges from $900 to $3,200. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waterbury ranging from $1,195 to $4,000.

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 $1,195 to $4,000 with an average monthly rent of $2,214.

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 $1,200 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,395.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.