
Cheap Homes for Rent in Downtown Waterbury Neighborhood of Waterbury, CT from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Waterbury area of Waterbury.


1660 E Main St, Unit 3Q

67 Dallas Terrace

67 Dallas Terrace

31 Craftwood Rd
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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.

31 Craftwood Rd

30 Walnut Ave

128 Franklin St

18 Cliff St

140 Hamden Ave
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

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 | $1,910 | $1,250 | $3,000 |
| Downtown Waterbury 3 Bedroom Homes for Rent | $2,338 | $1,700 | $3,000 |
| Downtown Waterbury 4 Bedroom Homes for Rent | $2,442 | $1,900 | $3,000 |
| Downtown Waterbury 5 Bedroom Homes for Rent | $3,200 | $3,000 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grove Court | One Bedroom | 1BR,1BA | $900 |
| Jefferson Square Apartments | Studio | Studio,1BA | $1,100 |
| Josephine Towers Senior Living | Studio, 1 bath | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 208 Buckingham St, Unit Apartment 1 | 208 Buckingham St | 3BR,2BA | $0.79 |
| 39 Chestnut Ave, Unit 2 | 39 Chestnut Ave | 3BR,2BA | $1.02 |
| 78 Chestnut Ave, Unit 1 | 78 Chestnut Ave | 4BR,1BA | $1.37 |
| 37 Eastwood Ave, Unit 2 | 37 Eastwood Ave | 2BR,1BA | $1.25 |
| 12 Hilltop Ave, Unit 1st Floor | 12 Hilltop Ave | 2BR,1BA | $1.58 |
| Lakeview | The Kingsbury | 2BR,1BA | $1.59 |
| Wyndham Court Apartments | One Bedroom | 1BR,1BA | $1.44 |
| 13 Poplar Pl, Unit 3 | 13 Poplar Pl | 2BR,1BA | $1.51 |
| 67 Dallas Ave, Unit 9 | 67 Dallas Ave | 2BR,1BA | $1.47 |
| Grove Court | One Bedroom | 1BR,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.
Read ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 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

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.

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.

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.

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.