$1,850 Per Month
- 2 Beds
- 1 Bath
- 1,504 Sq Ft
- Townhouse for Rent
227 Spencer St, Naugatuck, CT 06770
227 Spencer St, Naugatuck, CT 06770
Frequently Asked Questions
How much does it cost to rent a home in Naugatuck, CT?
The median rent for a home in Naugatuck, CT is $1,999 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 Naugatuck, CT?
To comfortably afford the median rent in Naugatuck, CT, a household needs to earn roughly $79,960 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 $1,999 per month in Naugatuck, CT, renters typically need to show $5,997 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 Naugatuck, CT?
In Naugatuck, CT, the price-to-rent ratio is 14.6, 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 Naugatuck, CT are best for renting a home?
The best neighborhood for renting in Naugatuck, CT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West End District, South End District, Village of Waterbury, East End District and North End District, each with its own character and price range.
