What is the median rent in Waterford (community), CT?
The median gross rent in Waterford (community), CT is $1,668 (±$133) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 521 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Waterford (community), the median gross rent went from $1,187 in 2015–2019 to $1,668 in 2020–2024 (+40.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,668 (±$133)
- Rented homes
- 521 (±194)
- $2,000 or more
- 16.9%
- Since 2015–2019
- +40.5%
How much rent costs in Waterford (community)
| Monthly gross rent | Waterford (community) | Southeastern Connecticut Planning Region | Connecticut | United States |
|---|---|---|---|---|
| Less than $500 | 8.8% (±7.7 points) | 9.5% | 7.8% | 6.3% |
| $500 to $999 | 7.3% (±8.4 points) | 14.8% | 12.5% | 20.2% |
| $1,000 to $1,499 | 17.1% (±10.9 points) | 35.5% | 30.4% | 28.1% |
| $1,500 to $1,999 | 49.9% (±21.9 points) | 26.3% | 25.9% | 21.1% |
| $2,000 to $2,499 | 11.3% (±10.3 points) | 8.6% | 12.0% | 12.0% |
| $2,500 to $2,999 | 5.6% (±7.9 points) | 3.4% | 5.2% | 5.5% |
| $3,000 or more | 0.0% (±7.8 points) | 1.9% | 6.1% | 6.8% |
The most common range is $1,500 to $1,999, paid by 49.9% of renting households.
16.9% of rented homes in Waterford (community) cost $2,000 or more a month.
Waterford (community) against Southeastern Connecticut Planning Region, its state and the nation
| Waterford (community) | Southeastern Connecticut Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Median gross rent | $1,668 (±$133) | $1,365 (±$26) | $1,488 (±$10) | $1,413 |
| Rented homes paying rent | 521 (±194) | 38,781 (±1,362) | 462,698 (±4,638) | 42,849,984 |
In Waterford (community), median gross rent is higher than in Southeastern Connecticut Planning Region ($1,365).
It is also higher than in Connecticut ($1,488).
It is higher than the national figure ($1,413).
In Southeastern Connecticut Planning Region, Waterford (community) ranks 5 of 15 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 49 of 115.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Waterford (community) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,187 (±$146) | $1,668 (±$133) | +40.5% | No measurable change after inflation |
| Households that rent | 30.0% (±7.6 points) | 33.1% (±9.7 points) | +3.1 percentage points | Not a measurable change |
| Rental vacancy rate | 8.7% (±11.0 points) | 3.1% (±5.2 points) | −5.6 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Waterford (community)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Waterford (community) | — | $1,668 (±$133) | — |
| New London | 2.0 mi | $1,340 (±$51) | Lower |
| Long Hill (Southeastern Connecticut Planning Region) | 4.1 mi | $1,722 (±$116) | Not measurably different |
| Niantic | 4.2 mi | $1,478 (±$259) | Not measurably different |
| Conning Towers-Nautilus Park | 4.5 mi | $1,856 (±$57) | Higher |
| Groton | 5.1 mi | $1,602 (±$55) | Not measurably different |
| East Lyme | 5.3 mi | $1,462 (±$94) | Lower |
| Gales Ferry | 5.7 mi | $2,201 (±$238) | Higher |
| Poquonock Bridge | 6.1 mi | $1,403 (±$137) | Lower |
Nearby places with a measurably lower figure: New London, CT ($1,340), East Lyme, CT ($1,462), Poquonock Bridge, CT ($1,403).
Nearby places with a measurably higher figure: Conning Towers-Nautilus Park, CT ($1,856), Gales Ferry, CT ($2,201).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Southeastern Connecticut Planning Region, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Gales Ferry | $2,201 (±$238) |
| 2 | Mystic | $1,993 (±$529) |
| 3 | Conning Towers-Nautilus Park | $1,856 (±$57) |
| 4 | Long Hill (Southeastern Connecticut Planning Region) | $1,722 (±$116) |
| 5 | Waterford (community) | $1,668 (±$133) |
| 6 | Old Mystic | $1,602 (±$668) |
| 7 | Niantic | $1,478 (±$259) |
| 8 | Colchester (community) | $1,475 (±$147) |
| 9 | Poquonock Bridge | $1,403 (±$137) |
| 10 | South Windham | $1,341 (±$133) |
| 11 | Baltic | $1,247 (±$141) |
Showing 11 of 15 places in Southeastern Connecticut Planning Region, ranked from highest to lowest.
Waterford (community) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Waterford, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Waterford (community)
What is the average rent in Waterford (community), CT?
The Census Bureau publishes the median rather than the average: the median gross rent in Waterford (community) is $1,668 (±$133) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Waterford (community)?
In Waterford (community), the median gross rent went from $1,187 in 2015–2019 to $1,668 in 2020–2024 (+40.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Waterford (community) cost more than $2,000 a month?
16.9% of rented homes in Waterford (community) have a gross rent of $2,000 or more a month, and 8.8% cost less than $500.
Is rent in Waterford (community) higher than in Southeastern Connecticut Planning Region?
In Waterford (community), median gross rent is higher than in Southeastern Connecticut Planning Region ($1,365).
It is also higher than in Connecticut ($1,488).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterford CDP, Connecticut
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waterford CDP, Connecticut
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Waterford CDP, Connecticut
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Waterford CDP, Connecticut (place:80210, in state:09).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Connecticut landlord and tenant rules
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- Housing data for every place in Connecticut