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Rent by ZIP · New Haven County

Rent in Waterbury, CT 06702

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,610 (+16.7% vs FY2026). Renters in this ZIP code pay a median $749 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,130$960+17.7%$1,017–1,243$649 ±$208
1 bedroom$1,310$1,120+17%$1,179–1,441$646 ±$488
2 bedrooms$1,610$1,380+16.7%$1,449–1,771$821 ±$546
3 bedrooms$1,990$1,710+16.4%$1,791–2,189$967 ±$269
4 bedrooms$2,350$2,070+13.5%$2,115–2,585–

Small Area FMRs for the Waterbury-Shelton, 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 Waterbury-Shelton, CT MSA, 2 bedrooms: $1,745.

What renters pay in 06702

Median gross rent$749±$200 · all sizes
Renter households1,71192% of occupied homes
No cash rent22households

How rents are spread

Under $1,00079%
$1,000–1,49910%
$1,500–1,9994%
$2,000–2,4997%
$2,500–2,9990%
$3,000–3,4990%
$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
06704Waterbury$1,670$1,240
06705Waterbury$1,670$1,332
06706Waterbury$1,680$1,337
06708Waterbury$1,740$1,268
06710Waterbury$1,610$1,144
06712Prospect$2,350–

Fair Market Rents across New Haven 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.