Average Rent in 06708, Waterbury, CT

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Current Versus Historical 06708, Waterbury, CT Rents

06708 rentals average $1,180 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $19 per square feet.

For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have increased by $347 (41.60%) year-over-year from $833 to $1,180. 1-bedroom rentals prices have increased by $67 (5.76%) year-over-year from $1,158 to $1,225. 2-bedroom rentals prices have increased by $63 (3.91%) year-over-year from $1,600 to $1,663. 3-bedroom rentals prices have increased by $151 (7.74%) year-over-year from $1,949 to $2,100. 4-bedroom rentals prices have increased by $17 (0.67%) year-over-year from $2,483 to $2,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 2.31% this month. 1-bedroom rents have gone down by 17.88% this month. 2-bedroom rents have gone up by 1.53% this month. 3-bedroom rents have gone down by 4.55% this month. 4-bedroom rents have gone up by 6.46% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.81	$1,180	$833 (41.60%)	$1,458 (-19.09%)
1 BR	$22.24	$1,225	$1,158 (5.76%)	$1,233 (-0.68%)
2 BR	$19.16	$1,663	$1,600 (3.91%)	$1,415 (17.49%)
3 BR	$18.75	$2,100	$1,949 (7.74%)	$1,583 (32.63%)
4+ BR	$19.61	$2,500	$2,483 (0.67%)	$2,767 (-9.64%)

Historical Rents in 06708, Waterbury, CT

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 06708

There are a total of 2 cities nearby 06708. The average rent in 06708 is currently $1,713 per month. Only one city nearby has an average rent lower than that. Our records show that Waterbury, CT, with an average rent of $1,663, is the most affordable city nearby. In contrast, the most expensive city near 06708, Waterbury, CT is Bristol, CT. Monthly rents here are on average $1,763 per month.

Let's compare 06708, Waterbury, CT's rent against other top cities nearby by bedroom size. Typically, rent for studios in 06708, Waterbury, CT is 5.93% more affordable than other cities nearby. One bedrooms are about 2.04% more affordable. Two bedrooms in 06708, Waterbury, CT are about 0.76% more expensive. Finally, rent for three bedrooms are about 4.76% more expensive. Want more information? Check out the top 2 cities near 06708, Waterbury, CT in the following table.

City	Studio	1 Bed	2 Bed	All
Waterbury, CT	$1,100	$1,200	$1,600	$1,663
Bristol, CT	$1,400	$1,300	$1,650	$1,763

Top Neighborhoods Near 06708

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 06708

There are a total of 4 counties located by 06708, Waterbury, CT. Some of these counties include Waterbury, CT, Bristol, CT, and Hamden, CT. The average rent for rentals in these counties is $2,031. That's roughly around $22 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Waterbury, CT. Its average rent per month is $1,663. Vice versa, with an average rent of $2,400, Farmington, CT is the most expensive county by 06708, Waterbury, CT.

Typically, rent for studios in 06708, Waterbury, CT is 25.85% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 06708, Waterbury, CT is 22.45% more affordable than other counties nearby. Finally, rent for two bedrooms in 06708, Waterbury, CT is 14.50% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Waterbury, CT	$1,100	$1,200	$1,600	$1,663
Bristol, CT	$1,400	$1,300	$1,650	$1,763
Hamden, CT	$650	$1,700	$2,100	$2,300
Farmington, CT	N/A	$1,800	$2,400	$2,400

Top Zipcodes Near 06708

There is one zipcode in or near 06708, Waterbury, CT. The average rent for this zipcode is $1,763.

The following table includes the zipcode in or near 06708, Waterbury, CT. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
06010, Bristol, CT	$1,400	$1,300	$1,650	$1,763

Frequently Asked Questions - 06708 Average Rents

What is the average rent price in 06708, Waterbury, CT?

The average monthly rental price for 06708, Waterbury, CT apartments for rent is approximately $1,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 06708, Waterbury, CT rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 06708, Waterbury, CT.

How much is a studio apartment in 06708, Waterbury, CT?

The average monthly rental price for studio apartments is $1,180 and an average price per square feet of $2.81. There are a total of 1 studio apartment listings currently available for rent in 06708.

How much is a one bedroom apartment in 06708, Waterbury, CT?

The average monthly rental price for one bedroom apartments is $1,225 and an average price per square feet of $22.24. There are a total of 6 one bedroom apartment listings currently available for rent in 06708.

How much is a two bedroom apartment in 06708, Waterbury, CT?

The average monthly rental price for two bedroom apartments is $1,638 and an average price per square feet of $19.16. There are a total of 30 two bedroom apartment listings currently available for rent in 06708.

How have rent prices in 06708, Waterbury, CT changed this year?

Rent prices for rentals in 06708, Waterbury, CT can fluctuate yearly. Specifically, studio rental prices have changed by 0.42%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in 06708, Waterbury, CT?

A reasonable rent price in 06708, Waterbury, CT is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.