
Cheap Homes for Rent in the Downtown Waterbury Neighborhood of Waterbury, CT from $1,100 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Waterbury area of Waterbury.


61 Field St, Unit 309

150 Chestnut Ave

35 Mountain Village Rd, Unit 28

48 Irion St

1720 E Main St
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.

151 Hillside Ave, Unit 1E

31 Frederick St, Unit 2

61 Field St, Unit 303

31 Frederick St, Unit 31 frederick 1

21 3rd St, Unit 1B

54 Crown St, Unit 1.
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.

25 Lisa Ct

60 South St, Unit old 2

30 Walnut Ave, Unit 2

893 Highland Ave

9 Marley Pl, Unit 1

89 Wood St, Unit 1
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.

128 Elliott Ave, Unit 2
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 | $1,852 | $1,250 | $2,600 |
| Downtown Waterbury 3 Bedroom Homes for Rent | $2,315 | $1,600 | $3,400 |
| Downtown Waterbury 4 Bedroom Homes for Rent | $2,433 | $2,000 | $3,500 |
| Downtown Waterbury 6 Bedroom Homes for Rent | $2,550 | $1,900 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Waterbury Neighborhood of Waterbury, CT.
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Downtown Waterbury, Waterbury, CT Local Guide
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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 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 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1,399 |
| Meridian Apartments | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 41 Laval St, Unit Laval Apt 2 | 41 Laval St | 2BR,1BA | $1.01 |
| 465 Washington Ave, Unit 465 Washington | 465 Washington Ave | 3BR,1.5BA | $1.79 |
| 27 Cooke St, Unit Cooke Apt 1 | 27 Cooke St | 4BR,1BA | $1.82 |
| Middlebury Crossing Apartments | 2 Bedroom/1.5 Bath Townhome | 2BR,1.5BA | $1.81 |
| 36 Gilbert St | 36 Gilbert St | 1BR,1BA | $1.40 |
| 160 Waterville St, Unit Waterville red | 160 Waterville St | 3BR,1BA | $1.89 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.73 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1.80 |
| Grove Court | One Bedroom | 1BR,1BA | $1.36 |
| 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 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.
Pet Friendly LifestyleDowntown Waterbury, Waterbury, CT
Ranked #2
Among cities in Connecticut for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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

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.

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.

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.

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.