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.
22 Torrington, CT, USA apartments for rent
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.
Business & Economy
Wage by Common Jobs
Average salary in Torrington, 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 Torrington, CT changed by 1%, so let’s see what are the most common job groups in this area. People of Torrington, CT prefer to work in Administrative, Sales and Production.
Employment by Industries
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Torrington, CT work in. The most common industries are Healthcare & Social Assistance, Retail trade and Manufacturing. Please note that not all the residents of Torrington, 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, Torrington, CT is a home for 83% white residents. The second common group is latino with 10% residents. The list of the most common racial or ethnic groups is closed by asian with 4% residents.
Non-English Speakers
Education
Past year Torrington, CT universities awarded around n/a degrees. Statistics show that the population of students in Torrington, CT include n/a male students and n/a female students. Torrington, CT offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the n/a with the majority of graduates. The n/a and n/a hold the second and the third place respectively. The share of the public colleges in Torrington, CT is n/a% and n/a% go to the private colleges.
Health and Safety
The age groups that most likely have the health care coverage in Torrington, CT are 55-64 years old for men and 55-64 years old for women. Torrington, CT offers a 64 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 63 to 1, speaking of mental health doctors ratio, it’s 202 to 1 resident.
Transportation
Commute Time
Average travel time: 23.66 minutes
Commuter Transportation
The workers of Torrington, CT traveled to their offices around 23.86 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
Housing Trends
Torrington, CT, USA Housing Trends
Average rent in Torrington: $1,176 (-12.9%)
| Rent Price | Oct | vs Last Month |
|---|---|---|
| 1 bed rentals | $949 | N/A |
| 2 bed rentals | $1,236 | -8.4% |
| 3 bed rentals | $1,475 | N/A |
| 4+ bed rentals | $1,500 | N/A |
Over the Oct 2021, the average rent for an apartment in/near Torrington, CT decreased by 12.9% to $1,176.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $949 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,236. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,475. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,500 for a big-family home.
| Rent Type Price | Oct | vs Last Month |
|---|---|---|
| Condo rentals | $1,270 | -5.9% |
| Townhouse rentals | $987 | N/A |
| Loft rentals | $972 | N/A |
| House rentals | $1,235 | N/A |
The median rent for a house is still $1,235 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,270. The median rent for a loft did not face significant changes this time, it now still goes for $972. Townhouse rent pricing didn’t change, the price still starts at $987.
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