Median rent for residential apartments in Torrington, CT as of Jan, 2023.
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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140 Torrington, CT, USA apartments for rent
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Torrington
Torrington, CT has a population of 35,227, including 83% white, 10% latino, and 4% asian.
| Population | 35,078 |
| Median Age | 45.2 |
| Poverty Rate | 10% |
| Household Income | $61,313 |
| Number Of Employees | 17,847 |
| Median Property Value | $160,200 |
City Overview
The median household income in Torrington, CT is around $58,717, while the median age is 44.5. This city is a home to major universities: n/a, n/a, and n/a. 17,983 employees work in Torrington, CT. The homeownership rate among the residents is 66.76%. The median property value that you should keep in mind is $162,300.
Housing Trends
How much is an apartment in Torrington, CT 06790, USA
Average apartment rent in Torrington: $1,345 (+2.1%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| 1-bed apartments | $859 | -6.4% |
| 2-bed apartments | $1,166 | -4.5% |
| 3-bed apartments | $1,843 | +14.2% |
| 4+ bed apartments | $1,251 | N/A |
Over the Jan 2023, the average rent for an apartment in/near Torrington, CT increased by 2.1% to $1,345.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 6.4% to $859. Pricing for 2-bed apartment also decreased by 4.5% and a place of this size will now cost you $1,166. 3-bed apartment rent pricing starts at $1,843, it increased by 14.2% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,251 for a big-family home.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Townhouses for rent | $1,166 | +0.3% |
| Condos for rent | $3,000 | +150% |
| Apartments for rent | $1,410 | +5.7% |
| Houses for rent | $1,611 | -5.8% |
The median rent for an apartment in Torrington, CT increased by 5.7% to $1,410. Statistics show that house rent price decreased by 5.8% this month making it up to $1,611. Condos faced an upward trend these days. The median rent for a condo increased by 150%, it’s now available for $3,000. The median rent for a townhouse increased by 0.3%, you’ll have to spend around $1,166 to get one.
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