Cheap Homes for Rent in Downtown Waterbury Neighborhood of Waterbury, CT from $900 (10 Rentals)

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

property at 68 Adelaide Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

68 Adelaide Ave

WaterburyCT06708
property at 31 Craftwood Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

31 Craftwood Rd

WaterburyCT06704

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 31 Craftwood Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Now

31 Craftwood Rd

WaterburyCT06704
property at 128 Franklin St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

128 Franklin St

WaterburyCT06706
property at 140 Hamden Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

140 Hamden Ave

WaterburyCT06704

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.

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 $900. Jefferson Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Downtown Waterbury apartments for rent in Waterbury, CT:

Apartment ListingModel NameBed/BathPriced From
Grove CourtOne Bedroom1BR,1BA$900
Jefferson Square ApartmentsStudioStudio,1BA$1,100
Josephine Towers Senior LivingStudio, 1 bathStudio,1BA$1,292

Best Value Apartments for Rent in Downtown Waterbury, CT

As of February 18, 2026 the best value apartment in the Downtown Waterbury area is the $0.79 price per square foot 208 Buckingham St Model at 208 Buckingham St, Unit Apartment 1 in the in the Waterbury Middlebury neighborhood starting from $1,900. The second greatest value Downtown Waterbury apartment is the 39 Chestnut Ave Model at 39 Chestnut Ave, Unit 2 starting at $1,375 with a $1.02 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.
208 Buckingham St, Unit Apartment 1208 Buckingham St3BR,2BA$0.79
39 Chestnut Ave, Unit 239 Chestnut Ave3BR,2BA$1.02
78 Chestnut Ave78 Chestnut Ave4BR,1BA$1.37
12 Hilltop Ave, Unit 1st Floor12 Hilltop Ave2BR,1BA$1.58
37 Eastwood Ave, Unit 237 Eastwood Ave2BR,1BA$1.25
LakeviewThe Kingsbury2BR,1BA$1.59
Wyndham Court ApartmentsOne Bedroom1BR,1BA$1.44
13 Poplar Pl, Unit 313 Poplar Pl2BR,1BA$1.51
67 Dallas Ave, Unit 967 Dallas Ave2BR,1BA$1.47
Grove CourtOne Bedroom1BR,1BA$1.29

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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

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 646 Apartments for Rent in Downtown Waterbury, CT with pricing that ranges from $800 to $3,100. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Waterbury ranging from $900 to $3,400.

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 $900 to $3,400 with an average monthly rent of $2,031.

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 $1,350 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,900 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.