Cheap Apartments for Rent in Prospect, CT from $600 (6 Rentals)

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

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Newman Apartments
1 to 2 Bedroom Apartments

Newman Apartments

27 Newman AveWaterbury, CT 06705
Utilities inc.
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Byam Village
1 Bedroom Apartments

Byam Village

1802 Meriden RdWaterbury, CT 06705
Utilities inc.
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East Gate Apartments
Studio to 2 Bedroom Apartments

East Gate Apartments

2171-2221 E Main StWaterbury, CT 06705
Senior Living
Utilities inc.

Prospect, CT Local Guide

Cheapest Available Prospect Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect, CT is a 1 Bed unit found at Highland Ridge in the Marion neighborhood priced from $1,450. Lakeside of Cheshire in the Marion neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,541. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland RidgeStudio Flex WDHighland Ridge1BR,1BA$1,450
Lakeside of CheshireStudioStudio,1BA$1,541
LakeviewThe Ashford1BR,1BA$1,582

Best Value Apartments for Rent in Prospect, CT and Nearby

As of February 20, 2025 the best value apartment in the Prospect area is the $1.44 price per square foot The Promenade Model at Eastwood Terrace in the in the Marion neighborhood starting from $1,650. The second greatest value Prospect apartment is the 60 Knoll St Model at 60 Knoll St, Unit 1 starting at $1,750 with a $1.75 price per square foot in the Waterbury Middlebury neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eastwood TerraceThe Promenade2BR,1.5BA$1.44
60 Knoll St, Unit 160 Knoll St3BR,1BA$1.75
LakeviewThe Ashford1BR,1BA$2.33
Highland RidgeStudio Flex WDHighland Ridge1BR,1BA$2.90
Lakeside of CheshireStudioStudio ,1BA$3.50

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

Explore Prospect, CT Rentals by Map

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Getting Around Prospect, CT

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Prospect Apartments

What is the Cheapest Studio apartment in Prospect?

Currently the most affordable Cheap Studio Apartment in Prospect is at Lakeside of Cheshire listed at $1,541.

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

The lowest price for a Cheap One Bedroom Prospect Apartment is $1,450 at Highland Ridge.

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

Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $1,650 at Highland Ridge.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Highland Ridge and starts from $2,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.