Waterbury, CT Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Waterbury is $1,476, a 6.06% increase compared to the previous year, when the average rent was $1,391.
Studio Apartments at $1,019 offer the most budget-friendly option with 401 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 695 square feet for $1,325, balancing privacy and affordability.
Two-beedroom units at $1,596 offer 977 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,261 sq ft) for $1,843, suitable for larger households.
Average rent in Waterbury, CT
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,476 | 857 sq. ft. |
| Studio | $1,019 | 401 sq. ft. |
| 1 Bed | $1,325 | 695 sq. ft. |
| 2 Beds | $1,596 | 977 sq. ft. |
| 3 Beds | $1,843 | 1,261 sq. ft. |
Waterbury, CT rent trends
Rental prices in Waterbury, CT have increased by 6.06% over the past year. The average rent moved from $1,391 to $1,476.
What's the typical rent budget in Waterbury, CT?
The largest share of rentals in Waterbury, CT (46%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Waterbury, CT?
25,275 or 55% of the households in Waterbury, CT are renter-occupied while 20,687 or 45% are owner-occupied.
Most affordable neighborhoods in Waterbury?
Hillside $1,151/month
Wolcott Road $1,334/month
Waterbury Central Business District $1,349/month
All of these neighborhoods fall below the city wide average of $1,476/month.Most expensive neighborhoods in Waterbury?
Scott Road $1,666/month
Woodtick Road $1,675/month
Deerfield and Sunset $1,695/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Waterbury, CT By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Deerfield and Sunset | $1,695 |
| Woodtick Road | $1,675 |
| Scott Road | $1,666 |
| Fairlawn | $1,446 |
| Waterbury Central Business District | $1,349 |
| Wolcott Road | $1,334 |
| Hillside | $1,151 |
/
Waterbury | Rent Comparison by Neighborhood
Rent in Deerfield and Sunset is 17% higher than in Fairlawn
$1,695
Deerfield and Sunset rent is 15% higher than Waterbury average
Average Rent
$1,695
$1,446
Fairlawn rent is 2% lower than Waterbury average
Average Rent
$1,446
How Waterbury Compares to Other Cities
| City | Average Rent |
|---|---|
| Waterbury | $1,476 |
| Norwalk | $2,757 |
| New Haven | $2,334 |
| Stamford | $2,962 |
| Meriden | $1,655 |
| Bridgeport | $1,703 |
| Middletown | $1,883 |
| Norwich | $1,618 |
| New London | $1,718 |
| Danbury | $2,481 |
| West Haven | $1,518 |
| Shelton | $2,582 |
| Brookfield | $2,458 |
| Torrington, CT | $1,294 |
| Derby, CT | $1,682 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Waterbury apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.