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Derby, CT Condos for Rent

Section Image
  • /17

    $2,100

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    310 Derby Ave Unit 2 bed room first floor, Derby, CT 06418

    Easy access to Rte. 8, rte. 15 ,train station Bus stations, shopping first floor apartment 1 car off street Utilities included Oil heating will discussWasher and Dryer in unit

    310 Derby Ave Unit 2 bed room first floor, Derby, CT 06418
  • /17

    $2,000

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    39 Bank St Unit 1, Derby, CT 06418

    39 Bank St Unit 1, Derby, CT 06418
  • /6

    $1,400

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 462 Sq Ft
    • Minerva 8 plex

    137 Minerva St Unit 135, Derby, CT 06418

    Freshly renovated one bedroom apartment on first floor. Gas heat and stove, electric hot water. Located near the green and downtown

    137 Minerva St Unit 135, Derby, CT 06418

Frequently Asked Questions

How much does it cost to rent a condo in Derby, CT?
The median rent for a condo in Derby, CT is $1,825 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Derby, CT?
To comfortably afford the median rent in Derby, CT, a household needs to earn roughly $76,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,900 per month in Derby, CT, renters typically need to show $5,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Derby, CT?
In Derby, CT, the price-to-rent ratio is 14.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Derby, CT are best for renting a condo?
The best neighborhood for renting in Derby, CT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include The Hill, Amity, Allingtown, Westville and Beaver Hills, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,825
Median 1 Bedroom Condo Rent
$1,400
Median 2 Bedroom Condo Rent
$1,825
Median 3 Bedroom Condo Rent
$2,100
How to Rent a Home