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Prospect, CT Homes for Rent

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  • 39 Waterbury Rd Unit C1, Prospect, CT 06712
    39 Waterbury Rd Unit C1, Prospect, CT 06712
    39 Waterbury Rd Unit C1, Prospect, CT 06712
    /11

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Apartment for Rent

    39 Waterbury Rd Unit C1, Prospect, CT 06712

    Newer Construction! This is a 1st-floor apartment located in Prospect. This unit offers 1 bed and 1 bath w/ a bonus room, which can be used as an extra bedroom, office, or playroom. Laundry is available on the premises. Additional storage spaces are available for rent. Off-street parking. The property is in a convenient location, near plenty of shops and parks, and only minutes from the highway.

    Jaquan Jones RE/MAX Right Choice

    39 Waterbury Rd Unit C1, Prospect, CT 06712
  • 39 Waterbury Rd Unit A1, Prospect, CT 06712
    39 Waterbury Rd Unit A1, Prospect, CT 06712
    39 Waterbury Rd Unit A1, Prospect, CT 06712
    /18

    $2,500 Per Month

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • Townhouse for Rent

    39 Waterbury Rd Unit A1, Prospect, CT 06712

    This unique townhouse-style unit has 4 bedrooms and 2 full baths. This one-of-a-kind unit was recently remodeled, with hardwood floors throughout. The first floor has an eat-in kitchen with one bedroom and a full bathroom. The living room is very spacious with a 9+ ft ceiling height. W/D hookups in the unit. The second floor has 3 spacious bedrooms and a bonus room, which can be used as an office

    Jaquan Jones RE/MAX Right Choice

    39 Waterbury Rd Unit A1, Prospect, CT 06712
  • 39 Waterbury Rd Unit A3, Prospect, CT 06712
    39 Waterbury Rd Unit A3, Prospect, CT 06712
    39 Waterbury Rd Unit A3, Prospect, CT 06712
    /14

    $1,475 Per Month

    • 1 Bed
    • 840 Sq Ft
    • Apartment for Rent

    39 Waterbury Rd Unit A3, Prospect, CT 06712

    This HUGE one-bedroom was recently remodeled and is located in Prospect. This unit offers 1 bedroom and 1 bathroom, with a living room and dining. All new windows. Off-street parking is available, and garages are available for rent. The property is in a very convenient location, near plenty of shops and parks, and only minutes from the highway. Pets are considered on a case-by-case basis, and an

    Jaquan Jones RE/MAX Right Choice

    39 Waterbury Rd Unit A3, Prospect, CT 06712
Connecticut New Haven County

Homes for Rent in Prospect, CT

Why Live in Prospect

Prospect, Connecticut, often referred to by locals as "the best small town in Connecticut," offers a blend of community spirit and suburban charm. The town is characterized by its large, well-manicured lawns and a variety of home styles, including postwar Cape Cod and ranch-style homes, as well as newer Colonial Revival and New Traditional homes. Residential lots range from 0.5 to 2 acres, with wider streets accommodating parked cars and pedestrians. Prospect is served by three highly rated public schools: Prospect Elementary, Long River Middle, and Woodland Regional High School, which features a unique school/business program with Precision Axe LLC. For dining, residents enjoy local favorites like Señor Pancho's Mexican restaurant, Hometown Pizza, and the Big Dipper Ice Cream Parlour. Outdoor enthusiasts can explore Hotchkiss Field's soccer fields, baseball diamond, basketball court, and playground, or venture to Sleeping Giant State Park for hiking and fishing. Annual events such as the neighborhood-wide garage sale and Sock Hop & Car Show foster a strong sense of community. Prospect is safer than the national average, adding to its appeal as a peaceful retreat from the hustle and bustle of nearby cities. With easy access to major highways and a commuter rail station in neighboring Naugatuck, Prospect is conveniently located for travel to New Haven and Manhattan.

Learn more about living in Prospect

Frequently Asked Questions

How much does it cost to rent a home in Prospect, CT?
The median rent for a home in Prospect, CT is $1,650 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Prospect, CT?
To comfortably afford the median rent in Prospect, CT, a household needs to earn roughly $66,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,650 per month in Prospect, CT, renters typically need to show $4,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Prospect, CT?
In Prospect, CT, the price-to-rent ratio is 23.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Prospect, CT are best for renting a home?
The best neighborhood for renting in Prospect, CT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East End District, South End District, West End District, North End District and Village of Waterbury, each with its own character and price range.

Rental Trends in Prospect, CT

There are currently 3 homes available for rent in Prospect, CT. The median rent is $1,650 per month, with single-family homes renting at $2,200, townhouses at $2,500 and condos at $1,600.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,650
Median Single Family Home Rent
$2,200
Median Townhouse Rent
$2,500
Median Condo Rent
$1,600
How to Rent a Home

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