Average Rent in Waterbury, CT (2026)

Typical asking rent in Waterbury is $1,562. Across the 6 ZIP codes with data it runs from $1,350 to $1,644, so which side of town you buy on matters as much as the city average. Data as of September 2026.

Median rent
$1,562
Average rent
$1,541
Lowest ZIP
$1,350
Highest ZIP
$1,644

Rent by ZIP code in Waterbury

ZIP codeCountyTypical rentvs city median
06705New Haven County$1,644+5%
06708New Haven County$1,632+4%
06706New Haven County$1,5640%
06710New Haven County$1,5600%
06704New Haven County$1,498-4%
06702New Haven County$1,350-14%

Is rent going up or down in Waterbury?

Typical rent across New Haven County is $2,043 as of September 2026. That is up 2.8% from a year earlier and up 31.6% over five years.

YearTypical rent, New Haven CountyChange
2021$1,592+12.4%
2022$1,727+8.5%
2023$1,866+8.1%
2024$1,973+5.7%
2025$2,006+1.7%
2026 (through September)$2,043+1.8%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Waterbury rent questions

What is the average rent in Waterbury, CT?
Typical asking rent in Waterbury is $1,562 a month as of September 2026, across 6 ZIP codes. By ZIP code it runs from $1,350 to $1,644.
Is rent going up or down in Waterbury?
Rent is rising. Typical rent in New Haven County is $2,043 as of September 2026, up 2.8% from a year earlier.
What is the cheapest ZIP code to rent in Waterbury?
ZIP 06702 has the lowest typical asking rent in Waterbury at $1,350 a month, compared with $1,562 for the city overall.
How much income do you need to rent in Waterbury?
Most landlords look for gross income of about three times the rent. At the typical Waterbury rent of $1,562, that is about $4,686 a month, or $56,232 a year. This is a common screening rule of thumb, and individual landlords set their own.

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 $1,562 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.