Shelton, Connecticut Rental Market Trends
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 Shelton, Connecticut rental market.
Shelton, Connecticut
Average Apartment Rent
$2,600
Y-o-Y Change in Average
Apartment Rent
6.9%
As of May 2026
Compared to a year ago, Shelton, Connecticut apartments have recorded a 6.9% rent increase.
Shelton, Connecticut Average apartment rent trend
Shelton, Connecticut Average Apartment Rent
Shelton, Connecticut Apartment rent ranges
At 36.93%, apartments priced $2,000 - $2,500 represent the bulk of Shelton, Connecticut rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.17%.
Shelton, Connecticut Housing tenure**
Renters take up 22% of Shelton, Connecticut real estate, occupying a total of 3,395 units, while homeowners live in 12,379 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$69,848
Average household size of renter-occupied housing units**
1.97
Rental vacancy rate**
1.6%
Shelton, Connecticut Renter-occupied housing units by no. of bedrooms**
There are 1,237 rentals in Shelton, Connecticut with 1 bed making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 41 units. Overall, the median number of rooms in Shelton, Connecticut homes for rent is 3.8.
Shelton, Connecticut Renter-occupied units by age of householder**
Most condos for rent in Shelton, Connecticut are occupied by residents in the 55 - 59 years age group (20%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 6%.
Shelton, Connecticut Renter-occupied housing units by family type**
Shelton, Connecticut Renter-occupied housing units by the presence of own children**
A total of 1,484 apartments for rent in Shelton, Connecticut, or 44% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 592 units. All in all, the median size of a renter-occupied household in Shelton, Connecticut is 1.97.
Shelton, Connecticut Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 42% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Shelton, Connecticut.
Shelton, Connecticut Renter-occupied units by year structure built**
The highest share of Shelton, Connecticut apartment rentals, namely 20% or 684 units, were Built 2010 - 2019, followed by those Built 1939 or earlier (16%, 547 units), and the ones Built 1980 - 1989 (14%, 461 units).
Shelton, Connecticut Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Shelton, Connecticut renters (44%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Shelton, Connecticut condos for rent is 2018.
Shelton, Connecticut Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Shelton, Connecticut renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 15% have No vehicle available.
Shelton, Connecticut Means of transportation to work of householders living in renter-occupied housing units**
Shelton, Connecticut Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Shelton, 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
