
Cheap Apartments for Rent in Waterford, CT from $600 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterford.


2 Colonial Dr

Total Monthly Price
Brookside Commons

Total Monthly Price
1 Spithead Rd, Unit B

Twin Haven Inc.

Post Road Garden Apartments

11 Woodland Dr

7 Prest St

Total Monthly Price
Village Apartments

Crocker House
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.

Monte Cristo Building

12 Mountain Ave

40 Franklin St

Washington Street Apartments

Pride Point and Progress Point

36 Truman St

Highland Apartments

Total Monthly Price
Villages at Shore Landing

209 Bank St

251 Williams St
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.

26 Prospect St

Total Monthly Price
120 Broad St

14 Park St

88 Riverview Ave

Courtview Square Apartments

27 Jay St

Total Monthly Price
Deerfield Village

Total Monthly Price
Faire Harbour Landings

Total Monthly Price
65 Granite St, Unit #2

575 Bank St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Eagle Pointe

Total Monthly Price
Gull Harbor Apartments

149 Garfield Ave

229 CT-163, Unit 2

82 W Coit St

229 CT-163

Total Monthly Price
Nutmeg Woods

130 Norwood Ave

39 Fitch Ave

207 Bank 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.

215-219 Bank St

61 Bank St

Villages at Shore Landing

Parkside West Apartments

Oxoboxo Lofts

80-82 Maple Ave.

73 Oneco Ave

8 Bank St

92 Truman St

Londonberry Gardens Apartments
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.
Waterford, CT Local Guide

How much does it cost to rent an apartment in Waterford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Waterford Studio Apartments | $1,650 | $1,150 | $2,215 |
| Cheap Waterford 1 Bedroom Apartments | $1,886 | $1,000 | $2,930 |
| Cheap Waterford 2 Bedroom Apartments | $2,253 | $1,200 | $3,790 |
| Cheap Waterford 3 Bedroom Apartments | $2,104 | $1,400 | $3,014 |
| Cheap Waterford 4 Bedroom Apartments | $2,750 | $2,750 | $2,750 |
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Waterford, CT Local Guide
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Cheapest Available Waterford Apartments for Rent
 The cheapest available apartment rental in Waterford, CT is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Village Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Waterford apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
| Village Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $1,000 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Monte Cristo Building | Studio | Studio,1BA | $1,150 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Londonberry Gardens Apartments | 2 Bedroom | 2BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
| 200 Montauk Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,350 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,391 |
Best Value Apartments for Rent in Waterford, CT
As of July 29, 2026 the best value apartment in the Waterford area is the $1.76 price per square foot Townhouse Model at 120 Broad St in the in the New London neighborhood starting from $2,650. The second greatest value Waterford apartment is the 2 Bedroom Model at Oxoboxo Lofts starting at $1,875 with a $1.77 price per square foot in the Northeast New London Norwich neighborhood. Here is today’s list of the best values for Waterford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 120 Broad St | Townhouse | 2BR,3BA | $1.76 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR,2BA | $1.69 |
| 65 Granite St, Unit #2 | 65 Granite St | 1BR,1BA | $1.53 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| Village Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $1.44 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.12 |
| Monte Cristo Building | Studio | Studio ,1BA | $1.76 |
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.
Best Local Schools in Waterford, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterford, CT Rentals by Map
See the most popular apartments and homes in Waterford, CT
Frequently Asked Questions about Cheap Waterford Apartments
What is the Cheapest Studio apartment in Waterford?
Currently the most affordable Cheap Studio Apartment in Waterford is at Monte Cristo Building listed at $1,150.
How much is rent for a Cheap One Bedroom Waterford Apartment?
The lowest price for a Cheap One Bedroom Waterford Apartment is $922 at Oxoboxo Lofts.
What is the lowest price for a Cheap Two Bedroom Waterford Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterford is starting from $1,100 at Crocker House.
What is the most affordable Waterford Three Bedroom Apartment?
The best deal on a cheap Waterford Three Bedroom Apartment rental is at Londonberry Gardens Apartments and starts from $1,300.
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

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.

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.