Performance indicators for the Watertown short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Watertown.
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Generally Investor friendly
STRs are not separately defined, but Watertown allows compliant operation via permitted lodging categories: renting rooms in owner-occupied homes is allowed with no zoning approvals, and B&B requires only a staff-level Zoning Permit (ZP) in residential districts (with possible SP/S in select business districts). No meaningful caps are evident and the town’s processes are well‑documented; however, “whole‑home” STRs not qualifying as B&B require ZEO confirmation, creating modest uncertainty.
Local STR Agent
STR specialist · Watertown, CT
Watertown is a town in Litchfield County, Connecticut, United States. The town is part of the Naugatuck Valley Planning Region. The population was 22,105 at the 2020 census. The ZIP Codes for Watertown are 06795 (for most of the town) and 06779 (for the Oakville section). It is a suburb of Waterbury. The urban center of the town is the Watertown census-designated place, with a population of 3,938 at the 2020 census.