New Britain, Connecticut Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the New Britain, Connecticut rental market.

New Britain, Connecticut

Average Apartment Rent

$1,547

Y-o-Y Change in Average
Apartment Rent

1.2%

As of March 2026

Compared to a year ago, New Britain, Connecticut apartments have recorded a 1.2% rent increase.

New Britain, Connecticut Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
New Britain $1,383 $1,429 $1,438 $1,456 $1,491 $1,530 $1,533 $1,535 $1,547
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
New Britain
National
Jul 2023
$1,383
$1,735
Nov 2023
$1,429
$1,724
Mar 2024
$1,438
$1,729
Jul 2024
$1,456
$1,750
Nov 2024
$1,491
$1,743
Mar 2025
$1,530
$1,749
Jul 2025
$1,533
$1,763
Nov 2025
$1,535
$1,749
Mar 2026
$1,547
$1,750

New Britain, Connecticut Average Apartment Rent

New Britain, Connecticut Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 59.67%, apartments priced $1,500 - $2,000 represent the bulk of New Britain, Connecticut rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.15%.

New Britain, Connecticut Housing tenure**

Renter occupied housing units 16,760
Owner occupied housing units 11,815

Renters take up 59% of New Britain, Connecticut real estate, occupying a total of 16,760 units, while homeowners live in 11,815 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$37,234

Average household size of renter-occupied housing units**

2.37

Rental vacancy rate**

6.1%

New Britain, Connecticut Renter-occupied housing units by no. of bedrooms**

No bedrooms 970
1 bed 4,077
2 beds 7,120
3 beds 4,049
4 beds 479

There are 7,120 rentals in New Britain, Connecticut with 2 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 479 units. Overall, the median number of rooms in New Britain, Connecticut homes for rent is 4.2.

New Britain, Connecticut Renter-occupied units by age of householder**

15 - 24 years 1,439
25 - 34 years 4,109
35 - 44 years 3,211
45 - 54 years 2,633
55 - 59 years 1,294
60 - 64 years 1,177
65 - 74 years 2,097
75 - 84 years 569
85 years and over 231

Most condos for rent in New Britain, Connecticut are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

New Britain, Connecticut Renter-occupied housing units by family type**

Family households 9,019
Non-Family Households 7,741

New Britain, Connecticut Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 5,536
No related children of the householder under 18 11,224

A total of 9,019 apartments for rent in New Britain, Connecticut, or 54% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 5,536 units. All in all, the median size of a renter-occupied household in New Britain, Connecticut is 2.37.

New Britain, Connecticut Renter-occupied housing units by educational attainment**

Less than high school graduate 3,688
High school graduate (including equivalency) 5,520
Some college or associate's degree 5,045
Bachelor's degree or higher 2,507

In terms of education, renters holding bachelor degrees or higher make up 15% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in New Britain, Connecticut.

New Britain, Connecticut Renter-occupied units by year structure built**

Built 2010 - 2019 608
Built 2000 - 2009 123
Built 1990 - 1999 429
Built 1980 - 1989 2,046
Built 1970 - 1979 1,736
Built 1960 - 1969 2,522
Built 1950 - 1959 2,089
Built 1940 - 1949 1,301
Built 1939 or earlier 5,849

The highest share of New Britain, Connecticut apartment rentals, namely 35% or 5,849 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (15%, 2,522 units), and the ones Built 1950 - 1959 (12%, 2,089 units).

New Britain, Connecticut Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,013
Moved in 2018 to 2020 4,416
Moved in 2010 to 2017 8,147
Moved in 2000 to 2009 2,166
Moved in 1990 to 1999 670
Moved in 1989 or earlier 348

Median year renter moved into unit 2015

Most New Britain, Connecticut renters (49%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their New Britain, Connecticut condos for rent is 2015.

New Britain, Connecticut Renter-occupied housing units by vehicles available**

No vehicle available 4,028
1 vehicle available 8,200
2 vehicles available 3,586
3 vehicles available 816
4 or more vehicles available 130

When it comes to transportation options, 49% of New Britain, Connecticut renters have 1 vehicle available per household, 24% of them have No vehicle available, and 21% have 2 vehicles available.

New Britain, Connecticut Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 12,398
Car, truck, or van - carpooled 1,938
Public transportation (excluding taxicab) 872
Walked 694
Taxicab, motorcycle, bicycle, or other means 518
Worked at home 779

New Britain, Connecticut Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 33,225
Moved within same county 3,857
Moved from different county within same state 611
Moved from different state 392
Moved from abroad 797

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all New Britain, Connecticut apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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