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Falls Village, CT Home for Rent

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    $5,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 3,338 Sq Ft
    • House for Rent

    28 Dugway Rd, Falls Village, CT 06031

    SEASONAL RENTAL - LAKEVILLE ESTATE - September 15th - April 1st Experience the timeless elegance of this 1827 antique home on a spectacular 22-acre private estate. This sensational property blends historic charm with modern convenience in the coveted Lakeville/Lime Rock area. Throughout, you'll find ample windows providing radiant natural sunlight, and stunning, wide-plank hardwood floors that

    Karen Grimaldi William Pitt Sotheby's Int'l

    28 Dugway Rd, Falls Village, CT 06031

Why Live in Falls Village

Falls Village, Connecticut, named for the Great Falls on the Housatonic River, is a quaint and walkable village with a friendly atmosphere. The village is known for its artsy shops and small-town charm, featuring white churches and local eateries. Main Street hosts high-end shops like Marché, 100 Main, and John Robshaw Shop, offering unique homewares and textiles. Dining options include Off the Trail Café and Falls Village Inn, popular among locals and hikers from the nearby Appalachian Trail. The village provides easy access to hiking and expert-level white-water rafting at Rattlesnake Rapids. Colonial homes, many dating back to the 1800s, are common, with properties ranging from half an acre to several acres. Falls Village is served by highly rated schools, including Lee H. Kellogg School and Housatonic Valley Regional High School, which offers an agricultural education program with hands-on learning. The annual Falls Village Car & Motorcycle Show attracts visitors with food trucks, music, and contests. While groceries require a short drive to nearby towns, the village's charm and natural beauty make it a unique place to live. However, occasional flooding from the Housatonic River can lead to road closures.

Frequently Asked Questions

How much does it cost to rent a home in Falls Village, CT?
The median rent for a home in Falls Village, CT is $5,500 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Falls Village, CT?
To comfortably afford the median rent in Falls Village, CT, a household needs to earn roughly $220,000 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 $5,500 per month in Falls Village, CT, renters typically need to show $16,500 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 Falls Village, CT?
In Falls Village, CT, the price-to-rent ratio is 9.1, 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.

Rental Home Trends in Falls Village, CT

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$5,500
Median Single Family Home Rent
$4,625
How to Rent a Home