Apartments & Homes for Rent in Waterford, CT

1-5 of 5 rentals
Viewing 1-5 of 5 rentals in Waterford
What to Know About

Life in Waterford & Beyond

Waterford shares many of the great qualities that make Connecticut a desirable place to live.

Connecticut is known for its picturesque coastline, beautiful beaches, affluent suburbs, and world-class educational opportunities. It is home to some of the most prestigious universities in the nation, including Yale University and the University of Connecticut. These institutions have produced some of the most brilliant minds in history, and the state continues to attract top scholars and researchers worldwide. Learn about the state's rich heritage at museums like the Connecticut Historical Society Museum, Mark Twain House & Museum, the Wadsworth Atheneum Museum of Art, and the Connecticut Science Center.

The state offers endless opportunities. Residents can enjoy the rolling hills of the Connecticut countryside, scenic beaches along the Long Island Sound, the Appalachian Trail for hiking and camping, and skiing in the Litchfield Hills. In addition, explore famous attractions like the Mystic Seaport Museum, the Hartford Stage, and the New Britain Museum of American Art.

With its breathtaking landscapes, lively cities, and top-notch quality of life, Connecticut is the perfect place for those seeking a unique blend of beauty and excitement. So embrace the Constitution State and discover why Connecticut is an excellent place to call home.

Rental Market Trends

Waterford, CT

As of April 2025, Waterford's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Waterford's average rent is 5.5% ($114) lower than the Connecticut average of $2,064 and 8.4% ($151) higher than the U.S. average of $1,799.

Average Rent
$1,950
Monthly ChangeMonth Over Month Change
Decreased15.5% ($358)
Yearly ChangeYear Over Year Change
Decreased5% ($103)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,912 Decreased4.4% ($87) Increased5.5% ($99)
2 Beds $2,625 Increased4.5% ($113) Increased9.8% ($234)
3 Beds $2,894 Decreased0.6% ($18) Decreased4.4% ($132)
Nearby Cities Average Rent Avg. Rent vs. WaterfordAverage Rent vs. Waterford Avg. Days on MarketAverage Days on Market
New London $1,466 Decreased24.8% ($484) 37 days
Niantic $2,099 Increased7.6% ($149) 41 days
Groton $1,934 Decreased0.8% ($16) 39 days
Essex $2,528 Increased29.6% ($578) 37 days
Norwich $2,198 Increased12.7% ($248) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Waterford Rental Market FAQs

Explore rental prices, market trends, and availability in Waterford, CT.

The average rent in Waterford, CT is $1,950 per month.
Homes in Waterford typically rent for between $1,338 and $3,762 per month, with an average of $1,950 per month.
In Waterford, the average rent for a 1-bedroom home is $1,912 per month, for a 2-bedroom home, $2,625 per month, and a 3-bedroom home is $2,894 per month.
The average rent in Waterford is 8.4% ($151) higher than the national average of $1,799 per month.
The average rent in Waterford has decreased by 15.5% ($358) in the last month and decreased by 5.0% ($103) over the past year.
The rental market in Waterford, CT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Waterford, CT, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Waterford, CT.
Based on the current averages, a household would need an annual income of $105,000 to comfortably afford a 2-bedroom home in Waterford.
List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist Waterford to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful