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

Waterbury, CT

As of July 2025, Waterbury's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Waterbury's average rent is 28.8% ($620) lower than the Connecticut average of $2,151 and 13.7% ($244) lower than the U.S. average of $1,775.

Average Rent

$1,531

Monthly ChangeMonth Over Month Change

1.3% ($20)

Yearly ChangeYear Over Year Change

2.2% ($35)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,383	1.1% ($15)	21% ($240)
2 Beds	$1,786	1.7% ($29)	13.7% ($215)
3 Beds	$2,379	21.4% ($419)	19.7% ($391)

Nearby Cities	Average Rent	Avg. Rent vs. WaterburyAverage Rent vs. Waterbury	Avg. Days on MarketAverage Days on Market
Naugatuck	$1,540	0.6% ($9)	32 days
Terryville	$1,413	7.7% ($118)	38 days
Cheshire	$1,622	5.9% ($91)	35 days
Beacon Falls	$1,973	28.9% ($442)	35 days
Bristol	$1,599	4.4% ($68)	35 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Waterbury Rental Market FAQs

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

What is the average rent in Waterbury, CT?

The average rent in Waterbury, CT is $1,531 per month.

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

Homes in Waterbury typically rent for between $968 and $3,093 per month, with an average of $1,531 per month.

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

In Waterbury, the average rent for a 1-bedroom home is $1,383 per month, for a 2-bedroom home, $1,786 per month, and a 3-bedroom home is $2,379 per month.

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

The average rent in Waterbury is 13.7% ($244) lower than the national average of $1,775 per month.

How have rent prices in Waterbury, CT changed recently?

The average rent in Waterbury has decreased by 1.3% ($20) in the last month and decreased by 2.2% ($35) over the past year.

How competitive is the rental market in Waterbury, CT?

The rental market in Waterbury, 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 Waterbury, CT?

In Waterbury, CT, the average rental stays on the market for approximately 32 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 Waterbury, CT?

There are currently 24 rental properties available in Waterbury, CT.

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

Based on the current averages, a household would need an annual income of $71,440 to comfortably afford a 2-bedroom home in Waterbury.