Homes & Apartments for Rent in Waterbury, CT 06705

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What to Know About

Life in Waterbury & Beyond

Waterbury shares many of the great qualities that make Connecticut a desirable place to live.

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

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As of October 2026, Waterbury's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Waterbury's average rent is 39.5% ($898) lower than the Connecticut average of $2,276 and 24.2% ($441) lower than the U.S. average of $1,819.

Average Rent
$1,378
Monthly ChangeMonth Over Month Change
Increased1.1% ($15)
Yearly ChangeYear Over Year Change
Decreased11.3% ($176)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,276 Increased3.9% ($48) Decreased12.7% ($186)
2 Beds $1,526 Increased3% ($45) Decreased7.7% ($127)
3 Beds $1,838 Decreased2.2% ($41) Increased0.3% ($5)
Nearby Cities Average Rent Avg. Rent vs. WaterburyAverage Rent vs. Waterbury Avg. Days on MarketAverage Days on Market
Naugatuck $1,854 Increased34.5% ($476) 31 days
Terryville $1,804 Increased30.9% ($426) 36 days
Cheshire $1,671 Increased21.3% ($293) 35 days
Beacon Falls $1,917 Increased39.1% ($539) 34 days
Bristol $1,644 Increased19.3% ($266) 35 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Waterbury Rental Market FAQs

Explore rental prices, market conditions, and affordability in Waterbury, CT.

The average rent in Waterbury, CT is $1,378 per month.
In Waterbury, the average rent for a 1-bedroom home is $1,276 per month, for a 2-bedroom home, $1,526 per month, and a 3-bedroom home is $1,838 per month.
The average rent in Waterbury is 24.2% ($441) lower than the national average of $1,819 per month.
The rental market in Waterbury, CT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $61,040 to comfortably afford a 2-bedroom home in Waterbury.
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