
Cheap Homes for Rent in Prospect, CT from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


128 Midwood Ave

259 Grove St

35 Adams St

1370 Highland Ave

18 Bridge St

380 Hitchcock Rd

6 Meriline Ave

1400 Meriden Rd
Prospect, CT Local Guide

How much does it cost to rent a home in Prospect?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect 2 Bedroom Homes for Rent | $1,836 | $1,500 | $2,599 |
Prospect 3 Bedroom Homes for Rent | $2,477 | $2,100 | $2,895 |
Prospect 4 Bedroom Homes for Rent | $3,183 | $2,100 | $5,000 |
Prospect 5 Bedroom Homes for Rent | $4,029 | $2,650 | $5,250 |
Browse Top Homes for Rent in Prospect
Explore Prospect
Prospect, CT Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Prospect Apartments for Rent and Nearby
 The cheapest available apartment rental in Prospect, CT is a 1 Bed unit found at Piping Rock Apartments in the Waterbury Middlebury neighborhood priced from $1,300. Lakeview in the Waterbury Middlebury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,497. Here is today’s list of the most affordable Prospect apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Piping Rock Apartments | One Bedroom | 1BR,1BA | $1,300 |
Lakeview | The Ashford | 1BR,1BA | $1,497 |
Scott Gardens Apartments | Two Bedroom | 2BR,1BA | $1,575 |
Best Value Apartments for Rent in Prospect, CT and Nearby
As of March 22, 2025 the best value apartment in the Prospect area is the $1.40 price per square foot The Promenade Model at Eastwood Terrace in the in the Marion neighborhood starting from $1,600. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eastwood Terrace | The Promenade | 2BR,1.5BA | $1.40 |
60 Knoll St, Unit 1 | 60 Knoll St | 3BR,1BA | $1.75 |
941 Waterbury Road, Unit 1st Floor | 941 Waterbury Road | 2BR,1BA | $1.77 |
Scott Gardens Apartments | Two Bedroom | 2BR,1BA | $1.92 |
Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.60 |
Lakeview | The Ashford | 1BR,1BA | $2.20 |
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.
Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 143 Apartments for Rent in Prospect, CT with pricing that ranges from $1,100 to $2,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $1,250 to $5,250.
What is the current price range for Rental Homes in Prospect?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect ranges from $1,250 to $5,250 with an average monthly rent of $2,580.
How much are larger Three and Four Bedroom Rentals in Prospect?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect range from $1,400 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,895. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,500.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.