Average Rent in Waterbury, CT (2026)

Typical asking rent in Waterbury is $1,468. Across the 6 ZIP codes with data it runs from $1,225 to $1,607, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,468
Average rent
$1,456
Lowest ZIP
$1,225
Highest ZIP
$1,607

Rent by ZIP code in Waterbury

ZIP codeCountyTypical rentvs city median
06705New Haven County$1,607+9%
06708New Haven County$1,592+8%
06704New Haven County$1,521+4%
06710New Haven County$1,415-4%
06706New Haven County$1,377-6%
06702New Haven County$1,225-17%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Waterbury sits in the New Haven-Milford, CT metro area.

Other Connecticut cities

Would a rental in Waterbury cash flow?

Start the analyzer with the Waterbury median rent of $1,468 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.