Connecticut is known for its picturesque coastline, beautiful beaches, affluent suburbs, and world-class educational opportunities. It is home to some of the most prestigious universities in the nation, including Yale University and the University of Connecticut. These institutions have produced some of the most brilliant minds in history, and the state continues to attract top scholars and researchers worldwide. Learn about the state's rich heritage at museums like the Connecticut Historical Society Museum, Mark Twain House & Museum, the Wadsworth Atheneum Museum of Art, and the Connecticut Science Center.

The state offers endless opportunities. Residents can enjoy the rolling hills of the Connecticut countryside, scenic beaches along the Long Island Sound, the Appalachian Trail for hiking and camping, and skiing in the Litchfield Hills. In addition, explore famous attractions like the Mystic Seaport Museum, the Hartford Stage, and the New Britain Museum of American Art.

With its breathtaking landscapes, lively cities, and top-notch quality of life, Connecticut is the perfect place for those seeking a unique blend of beauty and excitement. So embrace the Constitution State and discover why Connecticut is an excellent place to call home.

Rental Market Trends

Derby, CT

As of May 2026, Derby's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Derby's average rent is 29.6% ($680) lower than the Connecticut average of $2,295 and 9.7% ($174) lower than the U.S. average of $1,789.

Average Rent

$1,615

Monthly ChangeMonth Over Month Change

2.7% ($44)

Yearly ChangeYear Over Year Change

3.2% ($54)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,492	0.1% ($2)	1.2% ($17)
2 Beds	$1,712	2.1% ($36)	5.5% ($100)
3 Beds	$2,239	7.9% ($193)	12.1% ($241)

Nearby Cities	Average Rent	Avg. Rent vs. DerbyAverage Rent vs. Derby	Avg. Days on MarketAverage Days on Market
Ansonia	$1,745	8% ($130)	34 days
Shelton	$3,258	101.7% ($1643)	35 days
Seymour	$1,878	16.3% ($263)	30 days
Milford	$2,168	34.2% ($553)	31 days
West Haven	$1,703	5.4% ($88)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Derby Rental Market FAQs

Explore rental prices, market trends, and availability in Derby, CT.

What is the average rent in Derby, CT?

The average rent in Derby, CT is $1,615 per month.

What is the rental price range for homes in Derby, CT?

Homes in Derby typically rent for between $1,044 and $2,911 per month, with an average of $1,615 per month.

What is the average rent for different bedroom sizes in Derby, CT?

In Derby, the average rent for a 1-bedroom home is $1,492 per month, for a 2-bedroom home, $1,712 per month, and a 3-bedroom home is $2,239 per month.

How do rent prices in Derby, CT compare with the national average?

The average rent in Derby is 9.7% ($174) lower than the national average of $1,789 per month.

How have rent prices in Derby, CT changed recently?

The average rent in Derby has decreased by 2.7% ($44) in the last month and decreased by 3.2% ($54) over the past year.

How competitive is the rental market in Derby, CT?

The rental market in Derby, CT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Derby, CT?

In Derby, CT, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Derby, CT?

There are currently 5 rental properties available in Derby, CT.

Can I afford to rent a home in Derby, CT?

Based on the current averages, a household would need an annual income of $68,480 to comfortably afford a 2-bedroom home in Derby.