Median rent for residential apartments in New Britain, CT as of Dec, 2022.
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.
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152 New Britain, CT, USA apartments for rent
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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.
Housing Trends
How much is an apartment in New Britain, CT, USA
Average apartment rent in New Britain: $1,434 (+6.5%)
| Rent Price | Dec | vs Last Month |
|---|---|---|
| 1-bed apartments | $1,132 | +9% |
| 2-bed apartments | $1,282 | +0% |
| 3-bed apartments | $1,585 | +7.9% |
| 4+ bed apartments | $2,054 | +26.1% |
Over the Dec 2022, the average rent for an apartment in/near New Britain, CT increased by 6.5% to $1,434.
The average price for a rental studio in New Britain, CT has remained the same as last month and equals $1,093. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 9% to $1,132. Pricing for 2-bed apartment also increased by 0% and a place of this size will now cost you $1,282. 3-bed apartment rent pricing starts at $1,585, it increased by 7.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 26.1% and made it up to $2,054.
| Rent Type Price | Dec | vs Last Month |
|---|---|---|
| Apartments for rent | $1,378 | -9.3% |
| Condos for rent | $1,166 | -7.4% |
| Houses for rent | $1,811 | +7% |
| Townhouses for rent | $1,410 | +22.3% |
| Rooms for rent | $810 | N/A |
The median rent for an apartment in New Britain, CT decreased by 9.3% to $1,378. Statistics show that house rent price increased by 7% this month making it up to $1,811. Condos faced an upward trend these days. The median rent for a condo decreased by 7.4%, it’s now available for $1,166. If you’re looking for a room, the price tag still starts at $810. The median price did not change this time. The median rent for a townhouse increased by 22.3%, you’ll have to spend around $1,410 to get one.
Rent vs Own
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