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Rental Market Trends in Putnam, CT

Updated September 2026

The average rent in Putnam, CT is $1,777/month.

Rent in Putnam is roughly equal to the national average rent of of $1,665/month.

$1,777/month

Average Rent

723 Sq Ft

Average Size

+1.2%

Change / Year

4

Available Apartments

Putnam rent varies by unit size and layout:

  • Studio apartments in Putnam average $1,487 per month.
  • One-bedroom apartments in Putnam average $1,777 per month.
  • Two-bedroom apartments in Putnam average $1,914 per month.
  • Three-bedroom apartments in Putnam average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,487/month
600 Sq Ft
One Bedroom
$1,777/month
723 Sq Ft
Two Bedroom
$1,914/month
904 Sq Ft
View Putnam Apartments

How much has average rent changed in Putnam, CT?

In the past year, rent has increased by 1.2%, which averages out to $21 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Putnam, CT

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Putnam, CT
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
50% Above $2,000/month

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

Because the average rent in Putnam is $1,777, you’ll want to make about $5,923 per month or $71,076 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

4 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.

View the Putnam Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Dayville

    Dayville

    Avg Rent: $1,135/month

  • Killingly

    Killingly

    Avg Rent: $1,248/month

  • Pomfret

    Pomfret

    Avg Rent: $1,101/month

Apartment Communities in Putnam We Think You'll Love

31 battey st.

31 battey st.

31 battey st.,
Putnam, CT 06260

3 Beds | $1,800

267 Providence st

267 Providence st

267 Providence st,
Putnam, CT 06260

3 Beds | $1,800

21-23-23 George St

21-23-23 George St

21-23-23 George St,
Putnam, CT 06260

3 Beds | $1,150

16 Bradley St

16 Bradley St

16 Bradley St,
Putnam, CT 06260

2 Beds | $1,600 - $1,800

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Frequently Asked Questions

What is the average rent in Putnam?

The average rent in Putnam is $1,777 per month, which is 6.7% higher than the national average of $1,665.

Are rents going up or down in Putnam?

Rents in Putnam, CT are increasing, with prices up 1.2% year-over-year and $21 more per month.

What rent range is most common in Putnam?

In Putnam, CT, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity