Cheap Homes for Rent in the Downtown Waterbury Neighborhood of Waterbury, CT from $550 (12 Rentals)

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

property at 67 Hillside Ave

$550

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

4 Bedroom, 2 Bath Home for Rent

Available Sep 1

67 Hillside Ave

WaterburyCT06710
property at 777 East St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

Studio, 1 Bath Home for Rent

Available Now

777 East St

WaterburyCT06705
property at 36 Grandview Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Rentals

Available Now

36 Grandview Ave

WaterburyCT06708
property at 215 Waterville St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

215 Waterville St

WaterburyCT06710
property at 95 Sunnyside Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Condo for Rent

Available Now

95 Sunnyside Ave

WaterburyCT06708

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 27 Benham St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

27 Benham St

WaterburyCT06708
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 Now

35 Mountain Village Rd, Unit 28

35 Mountain Village Rd
WaterburyCT06706
property at 47 Irion St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Condo for Rent

Available Sep 1

47 Irion St

WaterburyCT06704

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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
Wyndham Court ApartmentsOne Bedroom1BR,1BA$1,350
1243 W Main StOne Bedroom1BR,1BA$1,350
Piping Rock ApartmentsOne Bedroom1BR,1BA$1,399

Best Value Apartments for Rent in Downtown Waterbury, CT

As of August 23, 2026 the best value apartment in the Downtown Waterbury area is the $1.33 price per square foot 83 Southview St Model at 83 Southview St, Unit Third floor in the in the Waterbury Middlebury neighborhood starting from $1,600. The second greatest value Downtown Waterbury apartment is the 2 Bedroom/1.5 Bath Townhome Model at Middlebury Crossing Apartments starting at $1,995 with a $1.81 price per square foot in the Waterbury 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.
83 Southview St, Unit Third floor83 Southview St3BR,1BA$1.33
Middlebury Crossing Apartments2 Bedroom/1.5 Bath Townhome2BR,1.5BA$1.81
Rivers Edge ApartmentsBerkshire2BR,1BA$1.95
Villa Square LLC2 Bedroom Townhouse, Cinch2BR,1.5BA$1.94
256 Plank Rd, Unit 2 floor256 Plank Rd2BR,1BA$1.73
Wyndham Court ApartmentsOne Bedroom1BR,1BA$1.50
Piping Rock ApartmentsOne Bedroom1BR,1BA$1.73
1243 W Main StOne Bedroom1BR,1BA$1.80
Grove CourtOne Bedroom1BR,1BA$1.36
Liberty CourtStudioStudio ,1BA$2.13

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

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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

4.0
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 621 Apartments for Rent in Downtown Waterbury, CT with pricing that ranges from $925 to $2,600. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waterbury ranging from $550 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 $550 to $3,500 with an average monthly rent of $1,972.

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 $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,400. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $1,575.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.