Median rent for residential in as of Oct, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
17 New Britain, CT, USA apartments for rent
New Britain
New Britain, CT has a population of 72,876, including 45% white, 42% latino, and 10% black.
| Population | 73,069 |
| Median Age | 34.4 |
| Poverty Rate | 23% |
| Household Income | $43,611 |
| Number Of Employees | 32,768 |
| Median Property Value | $156,800 |
City Overview
The median household income in New Britain, CT is around $41,844, while the median age is 34. This city is a home to major universities: Central Connecticut State University, Master's Colleges and Universities, and Master's Colleges & Universities: Larger Programs. 32,572 employees work in New Britain, CT. The homeownership rate among the residents is 39.66%. The median property value that you should keep in mind is $157,300.
Business & Economy
Wage by Common Jobs
Average salary in New Britain, CT: $62,448
- 1. Miscellaneous managers$126,153
- 2. Accountants & auditors$102,048
- 3. Registered nurses$79,033
- 4. Elementary & middle school teachers$68,108
- 5. Firstline supervisors of retail sales workers$59,430
Employment by Occupations
Numbers claim that the employment rate in New Britain, CT changed by -2%, so let’s see what are the most common job groups in this area. People of New Britain, CT prefer to work in Administrative, Production and Sales.
Employment by Industries
Keeping in mind that the employment rate changed by -2% recently, there must be a strong understanding of industries people of New Britain, CT work in. The most common industries are Healthcare & Social Assistance, Manufacturing and Retail trade. Please note that not all the residents of New Britain, CT work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, New Britain, CT is a home for 45% white residents. The second common group is latino with 42% residents. The list of the most common racial or ethnic groups is closed by black with 10% residents.
Non-English Speakers
Education
Past year New Britain, CT universities awarded around 10,179 degrees. Statistics show that the population of students in New Britain, CT include 1,546 male students and 2,013 female students. New Britain, CT offers private and public tuition with a median cost of $5,216 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Central Connecticut State University with the majority of graduates. The Charter Oak State College and Lincoln Technical Institute-New Britain hold the second and the third place respectively. The share of the public colleges in New Britain, CT is 32.5% and 67.5% go to the private colleges.
Universities
- 1. Central Connecticut State University2,778 graduates
- 2. Charter Oak State College595 graduates
- 3. Lincoln Technical Institute-New Britain221 graduates
Public vs Private
- Public6.1%
- Private93.9%
Health and Safety
The age groups that most likely have the health care coverage in New Britain, CT are 6-17 years old for men and 6-17 years old for women. New Britain, CT offers a 94 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 99 to 1, speaking of mental health doctors ratio, it’s 421 to 1 resident.
Transportation
Commute Time
Average travel time: 19.29 minutes
- USA
- New Britain, CT
Commuter Transportation
The workers of New Britain, CT traveled to their offices around 19.33 minutes lately and drove alone to get there. The rest of the residents carpooled and used public transit.
- USA
- New Britain, CT
Housing Trends
New Britain, CT, USA Housing Trends
Average rent in New Britain: $951 (-18.4%)
| Rent Price | Oct | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,325 | N/A |
| 2 bed rentals | $1,016 | -21.8% |
| 3 bed rentals | $1,211 | +5.9% |
| 4+ bed rentals | $814 | N/A |
Over the Oct 2021, the average rent for an apartment in/near New Britain, CT decreased by 18.4% to $951.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,325 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,016. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,211. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $814 for a big-family home.
| Rent Type Price | Oct | vs Last Month |
|---|---|---|
| Apartment rentals | $813 | -28.9% |
| Townhouse rentals | $1,300 | N/A |
| House rentals | $1,106 | N/A |
| Condo rentals | $1,325 | N/A |
Looking at the median rent price for an apartment in New Britain, CT, you can note that it remains flat with a price tag of $813. The median rent for a house is still $1,106 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,325. Townhouse rent pricing didn’t change, the price still starts at $1,300.
Rent vs Own
- Rent41%
- Own59%
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