Rentometer, Inc. | Data as of 10/22/2025
Waterbury’s rental market offers a diverse mix of apartments and single‑family homes that cater to a wide range of preferences and budgets. From conveniently located studio apartments in the vibrant downtown core to spacious four‑plus‑bedroom houses on the outskirts, renters can find options that suit both urban and suburban lifestyles. Overall, rental rates generally span from the low $1200s for compact studio units up to the high $2800s for larger multi‑bedroom homes, providing flexibility for individuals, couples, and families alike.
The city’s distinct neighborhoods each bring their own character. Downtown Waterbury features historic brick walkways, the bustling Main Street Plaza, and easy access to the Mattatuck Museum and the iconic Waterbury Green. For a more residential feel, the West Side and the historic Downtown South end offer tree‑lined streets and proximity to parks such as Riverside Park and the historic Silk City Park. Commuters benefit from the city’s robust transportation links, including the Waterbury train station with direct service to Hartford and New York, and major highways like I‑84 that connect to the broader Connecticut region.
Beyond housing, Waterbury boasts a lively cultural scene, a growing culinary landscape, and ample recreational opportunities—from the Brass City’s annual festivals to nearby hiking trails in the Naugatuck River Valley. This blend of affordability, convenience, and community amenities makes Waterbury an attractive choice for renters seeking a balanced New England lifestyle while staying connected to larger urban centers.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,215 | $1,250 | $1,085 - $1,350 | $1,100 - $1,292 |
| Apartment | 1 Bedroom | $1,373 | $1,400 | $930 - $1,800 | $1,195 - $1,550 |
| Apartment | 2 Bedroom | $1,572 | $1,600 | $815 - $2,450 | $1,450 - $1,750 |
| Apartment | 3 Bedroom | $1,752 | $1,685 | $1,400 - $2,400 | $1,500 - $1,880 |
| Apartment | 4+ Bedroom | $2,480 | $2,500 | $1,750 - $3,500 | $2,000 - $2,650 |
| House | 1 Bedroom | $1,631 | $1,462 | $1,100 - $2,500 | $1,225 - $2,500 |
| House | 2 Bedroom | $1,686 | $1,700 | $1,100 - $2,300 | $1,400 - $2,000 |
| House | 3 Bedroom | $2,332 | $2,450 | $1,250 - $3,200 | $2,000 - $2,700 |
| House | 4+ Bedroom | $2,788 | $2,800 | $1,999 - $3,500 | $2,500 - $3,000 |
In the current period, the average rent in Waterbury was $1,215 for Studio, $1,407 for 1 Bedroom, $1,612 for 2 Bedroom, $2,221 for 3 Bedroom, and $2,749 for 4+ Bedroom.
Data provided by Rentometer, Inc.