Waterbury, CT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Waterbury short-term rental market based on reliable data.

Listings

26 / 137

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$27,072

Middle-Earners Revenue

Occupancy

74%

Middle-Earners Occupancy

Home Value

$283,217

Median Home Sale Price

Top Earners

$48,868

Top-Earners Revenue

Waterbury

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Waterbury.

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C

Challenging to Investors

Waterbury Regulations

STRs are legal with moderate fees, but residential zones are owner-occupied only and capped at 3% of housing stock, plus quarterly reporting, monthly tax filings, strict inspections, and evolving rules through 2026—together creating a challenging environment for non-resident investors.

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About Waterbury

Waterbury is a city in New Haven County, Connecticut, with a population of approximately 114,000 residents. Long known as the "Brass City" for its central role in American brass manufacturing during the 19th and 20th centuries, the city sits in the Naugatuck Valley of west-central Connecticut and serves as a regional hub for surrounding towns. It functions as an affordable gateway to the outdoor recreation of the Litchfield Hills to the west and northwest, and lies about 30 miles southwest of Hartford and roughly 80 miles northeast of New York City, putting both larger metro areas within easy reach for day trips.

The Mattatuck Museum anchors the downtown cultural scene, occupying a substantial complex on Main Street. Its collections focus on regional art and the history of the Naugatuck Valley, with permanent exhibits interpreting the brass industry, immigration, and the industrial growth that shaped the area. The museum is a short drive from anywhere in the city and is often a first stop for visitors interested in the local story.

Just down the street, the Palace Theater is a restored 1922 vaudeville and movie palace that today hosts touring Broadway productions, concerts, comedy shows, and community events. It remains one of the most recognizable landmarks of the downtown and gives the city a surprisingly robust year-round performance calendar for a place its size. Pairing a show with a nearby restaurant has become a popular evening for rental guests exploring the city.

A few minutes north of the city center in Middlebury, Quassy Amusement Park is a classic New England lakeside amusement park that has operated for more than a century. Its wooden roller coaster, lakeside beach, carousels, and family rides draw visitors from across southern New England, and it tends to be especially busy on summer weekends.

About fifteen minutes north of downtown in Watertown, Black Rock State Park offers a quieter outdoor alternative with hiking trails, a swimming pond, picnic areas, and seasonal campgrounds. From there, the rolling hills and covered bridges of the Litchfield Hills, along with the larger recreational lakes of western Connecticut, are within an hour's drive, making Waterbury a useful launchpad for guests who want to combine city experiences with rural New England.

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