Waterbury, CT Rental Market Trends
What is the average rent in Waterbury?
The average rent for an apartment in Waterbury is $1,012, a 6% increase compared to the previous year.
Average Rent in Waterbury, CT
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,012||6%||856 sq. ft.|
What is the average apartment size in Waterbury?
The average size for a Waterbury, CT apartment is 856 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Waterbury, CT Apartment Rent Ranges
Waterbury, CT Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
16,154 or 39% of the households in Waterbury, CT are renter-occupied while 24,783 or 60% are owner-occupied.
Waterbury, CT Rent Trends
|Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021|
Average Rent in Waterbury, CT By Neighborhood
|Waterbury Country Club||$1,067|
|West Side Manor||$1,067|
|West End Waterbury||$1,066|
|Captain Neville Industrial Park||$1,045|
|Deerfield and Sunset||$1,045|
|East End Waterbury||$1,034|
|Reidville Industrial Park||$1,034|
|South End Waterbury||$1,015|
|Waterbury Central Business District||$973|
|North End Waterbury||$803|
What are the most affordable neighborhoods in Waterbury?
The most affordable neighborhoods in Waterbury are Bucks Hill, where the average rent goes for $803/month, Crownbrook, where renters pay $803/mo on average, and Fairmount, where the average rent goes for $803/mo. If you’re looking for other great deals, check out the listings from Hill Street ($803), Lakewood ($803), and New Pac ($803), where the asking prices are below the average Waterbury rent of $1,012/mo.
What are the most expensive neighborhoods in Waterbury?
The most expensive neighborhoods in Waterbury are Waterbury Country Club ($1,067), West Side Manor ($1,067) and Platts Mills ($1,193).
What are the most popular neighborhoods in Waterbury?
The most popular neighborhood in Waterbury is Deerfield and Sunset, where there are 3 verified RENTCafé listings with an average rent of $1,045. Next up is Bucks Hill, where apartments go for $803/month, followed by Hillside with $915 If you’re looking to rent in Waterbury’s most popular neighborhoods, make sure to also check out Mill Plain, where renters pay $1,045 on average, and South End Waterbury, where the average monthly rent is $1,015.
Waterbury | Rent Comparison by Neighborhood
Rent in Alexander Avenue is 2% higher than in Berkeley Heights
Alexander Avenue rent is 3% higher than Waterbury average
Berkeley Heights rent is 2% higher than Waterbury average
How Waterbury Compares to Other Cities
|Average Rent||Y-o-Y Change|