Rentometer, Inc. | Data as of 10/23/2025
Waterford, Connecticut, offers a diverse rental landscape that blends historic charm with modern convenience. Prospective renters will find a mix of modest single‑family homes and a variety of apartment communities spread across vibrant neighborhoods such as Downtown Waterford and the scenic Waterford Village area. The city’s close proximity to the Mystic River and its renowned waterfront parks adds a relaxing, outdoor‑oriented lifestyle, while easy access to nearby shopping districts, schools, and commuter routes makes it an attractive choice for professionals and families alike.
For those seeking an apartment, the market features a range of options from cozy one‑bedroom units to spacious two‑bedroom layouts. One‑bedroom apartments typically fall within the $1500s range, with median rents hovering in the $1600s, while two‑bedroom units generally sit in the $1900‑$2000 range, reflecting the area’s balanced blend of affordability and quality. This variety ensures that renters can find a space that matches both their budget and lifestyle preferences, whether they desire a contemporary downtown loft or a quieter setting near the town’s beloved parks and historic sites.
Waterford’s rental market is further enhanced by its strong sense of community and a host of local attractions, including the iconic Waterford Green Historic District, scenic riverfront trails, and annual cultural events that bring neighbors together. With a welcoming atmosphere and a range of housing choices, Waterford remains a compelling destination for anyone looking to enjoy the best of Connecticut’s coastal living while staying connected to essential amenities and a vibrant local culture.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,469 | $1,654 | $1,100 - $1,654 | $1,100 - $1,654 |
| Apartment | 2 Bedroom | $1,936 | $1,985 | $1,100 - $2,725 | $1,100 - $2,725 |
In the current period, the average rent in Waterford was
$1,469 for 1 Bedroom, and
$1,937 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.