Waterford

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Waterford, CT Area Guide

Avg Rent

$1,410

Population

19,891

Renter Mix

19% Rent

This classically New England town provides incredible views of the Atlantic

Suburban Ocean Laidback Nature Boating

The homes, apartments, and overall atmosphere of Waterford are undeniably New England. The town’s proximity to the Long Island Sound mean there’s an emphasis on seafood and coastal living, especially in the summer. New London shares a border on the east, and Waterford itself is less than an hour from both New Haven and Providence.

Residents enjoy a vibrant landscape of lush foliage and trees, and there’s an incredible variety of local eateries in Central Waterford. The emphasis on greenery doesn’t stop at the water. There’s a number of parks that are perfect for renters and their canine friends, and Harkness Memorial State Park if you’re looking to take a longer hike.

Besides the easy access to the water, renting an apartment in Waterford also puts you close to the incredible character of New England. With I-95 and I-395 nearby, you can explore the rest of the region easily.

Demographics

Median Household Income

$96,865

Average: $113,975

Education

6,847

Residents Have a Degree

Job Market

10,227

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

48 Years

Largest Age Group

55-64 Years

Approximately 16% of Residents

Under 20

20%

Over 65

25%

Housing Distribution

Waterford has more homeowners than renters.

Renters
19%
Non-Renters
81%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
30%
Other Education
70%

Rent Trends

As of April 2026, the average apartment rent in Waterford, CT is $1,410 for one bedroom, and $2,189 for two bedrooms. Apartment rent in Waterford has increased by 1.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,410/month
826 Sq Ft
House
$3,087/month
1,765 Sq Ft
Condo
$2,009/month
1,109 Sq Ft
See Rental Market Trends in Waterford, CT

Getting Around

Somewhat Walkable

Walkability

30 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

20 / 100

Schools

Great Neck Elementary School

Public

Grades K-5

313 Students

Quaker Hill Elementary School

Public

Grades K-5

334 Students

Oswegatchie Elementary School

Public

Grades K-5

291 Students

Southwest Elementary School

Public

Grades K-5

Clark Lane Middle School

Public

Grades 6-8

549 Students

Dual Language & Arts Magnet Middle School

Public

Grades 6-8

150 Students

LEARN SAILS Middle School Program

Public

Grades 6-8

5 Students

Waterford High School

Public

Grades 9-12

735 Students

Points of Interest

Parks and Recreation

  • Fort Trumbull State Park
  • Children's Museum of Southeastern Connecticut
  • Fort Griswold State Park
  • Connecticut College Arboretum
  • McCook Point Park & Beach

Top Apartments in Waterford

Houses for Rent in Waterford

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.