Last updated
Average Rent in Waterbury, CT & Rent Trends
Rent prices and market trends across 7 apartment communities in Waterbury, CT. Updated daily.
Market Average
$1,819/mo
▼ 1.1% from last month
Lowest Available
$1,472/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
40
available now
Price Cuts This Week in Waterbury, CT
13 listed units across 2 buildings in Waterbury, CT dropped their asking rent in the past 7 days, an average cut of $42/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Lakeview | Unit 104, b1-laap 2x1 | $1,829 | $1,749 | $80 |
| Lakeview | Unit 108, b1-laap 2x1 | $1,779 | $1,729 | $50 |
| Lakeview | Unit 304, b1-laap 2x1 | $1,799 | $1,749 | $50 |
| Lakeview | Unit 311, b2-laap 2x1 | $1,861 | $1,811 | $50 |
| Lakeview | Unit 312, b2-laap 2x1 | $1,866 | $1,816 | $50 |
| Lakeview | Unit 412, b2-laap 2x1 | $1,846 | $1,796 | $50 |
| Parkview Apartments | Unit 10-16, b1-paap 2x1 | $1,944 | $1,914 | $30 |
| Parkview Apartments | Unit 2-11, b1-paap 2x1 | $1,969 | $1,939 | $30 |
Rent by Neighborhood in Waterbury, CT
Compare average rent across Waterbury, CT neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Oakville | $2,043 | ▲ $135 | $2,025 | 1 | 4 |
| Naugatuck 06770 | $1,928 | ▼ $140 | $1,898 | 1 | 11 |
| Waterbury 06705 | $1,748 | ▲ $8 | $1,472 | 3 | 22 |
| Waterbury 06708 | $1,745 | ▼ $33 | $1,745 | 1 | 1 |
| Waterbury 06710 | $1,600 | $0 | $1,500 | 1 | 2 |
Is Rent Going Up or Down in Waterbury, CT?
As of September 2026, the average rent in Waterbury, CT is $1,819 per month across 7 apartment communities and 40 available units. Rents have decreased $19 (1.1%) over the past month.
The most affordable option is Rivers Edge starting at $1,472/mo. By unit type, a studio averages $1,495/mo, a 1-bedroom averages $1,638/mo, a 2-bedroom averages $1,900/mo, a 3-bedroom averages $1,700/mo.
Prices range from $1,472 to $2,095 per month. The most common price point is the $1,800 range, where 18 units are currently listed.
Waterbury, CT Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,734 | - | 5 |
| June 2026 | $1,716 | -$18 | 6 |
| July 2026 | $1,744 | +$28 | 7 |
| August 2026 | $1,799 | +$55 | 7 |
| September 2026 | $1,803 | +$4 | 6 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Waterbury, CT
Rent Prices by Apartment in Waterbury, CT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Rivers Edge | $1,472/mo | $1,779/mo | 13 | 4.3 |
| Summit Ridge Estates | $1,475/mo | $1,475/mo | 1 | 2.2 |
| Diamond Court Apartments | $1,500/mo | $1,600/mo | 2 | 3.5 |
| Lakeview | $1,577/mo | $1,731/mo | 8 | 4.2 |
| Middlebury Crossing Apartments | $1,745/mo | $1,745/mo | 1 | 3 |
| Parkview Apartments | $1,898/mo | $1,928/mo | 11 | 4.3 |
| Greenbriar Hills Apartments | $2,025/mo | $2,043/mo | 4 | 4 |
Frequently Asked Questions About Rent in Waterbury, CT
What is the average rent in Waterbury, CT?
Is rent going up or down in Waterbury, CT?
What is the cheapest apartment in Waterbury, CT?
How much is a 1-bedroom apartment in Waterbury, CT?
How many apartments are available in Waterbury, CT?
What salary do I need to live comfortably in Waterbury, CT?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$73,000/year
Based on the 30 percent rule, using our tracked average rent of $1,819/mo.
Comfortable income
$87,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,472/mo), you need to earn at least $59,000/year.
Median household income in Waterbury, CT is $51,642 , about 41% below the comfortable-living threshold.
Cost of living in Waterbury, CT
Overall prices in Waterbury, CT runs above the national average by about 1% (BEA Regional Price Parity index 101.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Waterbury, CT's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,819 |
| Utilities | $397 |
| Groceries | $532 |
| Transportation | $946 |
| Healthcare | $461 |
| Other goods and services | $738 |
| Estimated total | $4,894/mo |
Population
114,356
Median household income
$51,642
Census median rent
$1,180/mo
Census rent burden
33.6%
Median age
37.8
Mean commute
28 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Waterbury, CT Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Waterbury, CT Apartments
Browse all 7 communities with daily-updated pricing and availability.