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Rental Market Trends in Putnam, CT

What is the average rent in Putnam, CT?

$1,752/month

Average Rent

723 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of October 2025, the average rent in Putnam, CT is $1,752 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Putnam rent prices are 7% higher than the national average. When you rent an apartment in Putnam, you can expect to pay about $1,468 per month for a studio, $1,752 for a one-bedroom apartment, and around $1,885 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,468/month
600 Sq Ft
One Bedroom
$1,752/month
723 Sq Ft
Two Bedroom
$1,885/month
904 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Putnam, CT?

In the past year, rent has increased by 0.1%, which averages out to $3 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Putnam, CT?

Because the average rent in Putnam is $1,752, you’ll want to make about $5,840 per month or $70,080 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Putnam, CT

6 Available Apartments for Rent

Search for Nearby Apartments

How does Putnam, CT compare to other nearby cities and neighborhoods?

Use the tool below to compare Putnam, CT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Putnam, CT

Apartment Averages

Nearby City Rent Trends

  • Woodstock Average Rent

Apartment communities in Putnam we think you'll love

176 S Main St

176 S Main St

176 S Main St,
Putnam, CT 06260

$1,350 Total Monthly Price

4 Beds | 12 Month Lease

67 Mechanics St

67 Mechanics St

67 Mechanics St,
Putnam, CT 06260

$1,200 Total Monthly Price

1 Bed | 12 Month Lease

213 Providence St

213 Providence St

213 Providence St,
Putnam, CT 06260

$1,200 Total Monthly Price

1 Bed

78 Smith St

78 Smith St

78 Smith St,
Putnam, CT 06260

$1,400 Total Monthly Price

3 Beds

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United States Connecticut Putnam Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity