Cheap Apartments for Rent in Waterbury, VT from $800 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Waterbury.

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.

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.

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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46 School Street
Studio to 2 Bedroom Apartments

46 School Street

46 School StreetJohnson, VT 05656
  • Utilities Included
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Cedar Hill Townhouses
Studio to 4 Bedroom Apartments

Cedar Hill Townhouses

97 Cedar Hill LnMontpelier, VT 05602
  • Utilities Included

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.

Waterbury, VT Local Guide

Cheapest Available Waterbury Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterbury, VT is a 2 Beds unit found at Gile Hill Rental Community priced from $1,123. 54 Mill St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Waterbury apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gile Hill Rental Community2 Beds, 1 bath2BR,1BA$1,123
54 Mill StOne Bed1BR,1BA$1,175
Pines Senior Living1br/1ba-Income Restricted1BR,1BA$1,230
30 City Hall PlOne Bedroom1BR,1BA$1,375
Residences at Great Cedars1 BR1BR,1BA$1,395
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
17-23 Park StStudio1BR,1BA$1,600
11 Park Street ApartmentsStudioStudio,1BA$1,600
Catamount LaneCatlane One Bedroom1BR,1BA$1,675
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1,700

Best Value Apartments for Rent in Waterbury, VT and Nearby

As of May 06, 2026 the best value apartment in the Waterbury area is the $1.82 price per square foot 2BR/2.5BA Model at Pope Meadow Townhouses in the starting from $2,700. The second greatest value Waterbury apartment is the Pine Model at Keen's Crossing starting at $2,470 with a $2.18 price per square foot in the Centennial neighborhood. Here is today’s list of the best values for Waterbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pope Meadow Townhouses2BR/2.5BA2BR,2.5BA$1.82
Keen's CrossingPine2BR,2BA$2.18
Village at Autumn Pond2BR/2.0BA2BR,2BA$2.13
Foundry Street Townhouses2BR/1.5BA2BR,1.5BA$1.94
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1.61
Quarry Hill Apartments2 Br, 2 Ba2BR,2BA$2.14
5 Corners2 Bed 2 Bath2BR,2BA$2.13
Residences at Great Cedars1 BR1BR,1BA$1.89
30 City Hall PlOne Bedroom1BR,1BA$1.96
54 Mill StOne Bed1BR,1BA$1.96

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Waterbury Apartments

What is the Cheapest Studio apartment in Waterbury?

Currently the most affordable Cheap Studio Apartment in Waterbury is at Quarry Hill Club & Condominiums listed at $1,495.

How much is rent for a Cheap One Bedroom Waterbury Apartment?

The lowest price for a Cheap One Bedroom Waterbury Apartment is $1,175 at 54 Mill St.

What is the lowest price for a Cheap Two Bedroom Waterbury Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterbury is starting from $1,123 at Gile Hill Rental Community.

What is the most affordable Waterbury Three Bedroom Apartment?

The best deal on a cheap Waterbury Three Bedroom Apartment rental is at 30 City Hall Pl and starts from $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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.