Rent in Waterford, CT
A 2-bedroom in Waterford, CT (ZIP 06385) typically rents for about $1,755 a month, with a range of $1,755–$1,902. Owner-occupied homes in Southeastern Connecticut Planning Region pay about 1.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $937 | $937–$1,324 | 1 |
| 1 bed | $1,479 | $1,479–$1,518 | 1 |
| 2 beds | $1,755 | $1,755–$1,902 | 1 |
| 3 beds | $1,717 | $1,717–$2,418 | 1 |
| 4 beds | $1,952 | $1,952–$2,995 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Waterford ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Waterford, CT?
- About $1,755 a month: the median of the typical rents in 1 ZIP code, which range from $1,755–$1,902. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Waterford, CT?
- About $1,479 a month: the median of the typical rents in 1 ZIP code, which range from $1,479–$1,518. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Waterford, CT?
- About $1,717 a month: the median of the typical rents in 1 ZIP code, which range from $1,717–$2,418. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Waterford, CT?
- About $937 a month: the median of the typical rents in 1 ZIP code, which range from $937–$1,324. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Waterford, CT?
- About $1,952 a month: the median of the typical rents in 1 ZIP code, which range from $1,952–$2,995. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Waterford, CT?
- Owner-occupied homes in Southeastern Connecticut Planning Region pay a typical 1.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Waterford rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).