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Rent by ZIP · New London County

Rent in Waterford, CT 06385

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,250 (+3.7% vs FY2026). Renters in this ZIP code pay a median $1,666 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,570$1,500+4.7%$1,413–1,727$937 ±$336
1 bedroom$1,800$1,740+3.4%$1,620–1,980$1,479 ±$323
2 bedrooms$2,250$2,170+3.7%$2,025–2,475$1,755 ±$228
3 bedrooms$2,860$2,800+2.1%$2,574–3,146$1,717 ±$143
4 bedrooms$3,540$3,480+1.7%$3,186–3,894$1,952 ±$851

Small Area FMRs for the Norwich-New London-Willimantic, CT MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Norwich-New London-Willimantic, CT MSA, 2 bedrooms: $1,902.

What renters pay in 06385

Median gross rent$1,666±$147 · all sizes
Renter households1,44621% of occupied homes
No cash rent42households

How rents are spread

Under $1,00018%
$1,000–1,49919%
$1,500–1,99940%
$2,000–2,49918%
$2,500–2,9993%
$3,000–3,4992%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
06384Voluntown$1,680$1,151
06387Wauregan$1,450–
06382Uncasville$1,720$1,302
06380Taftville$1,680$1,337
06390Fishers Island$2,670–
06379Pawcatuck$1,780$1,185

Fair Market Rents across New London County, CT · All CT counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.