Rental market snapshot for Derby, Connecticut

Derby, Connecticut Rental Property Market Overview

Derby, Connecticut is a small town located in New Haven County with a population of 12,274 as of 2021, according to the US Census. The town is home to a variety of businesses, restaurants, and parks. It is a great place to live for those who enjoy a quiet, suburban lifestyle. Derby is also known for its historic sites, such as the Derby Green and the Derby Historical Society.

The average rent for an apartment in Derby is $1,613. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Derby Connecticut | Cost of Living

  • The most expensive ZIP code in Derby is 06418 with an average price of $1,731.
  • The cheapest ZIP code in Derby is 06418 with an average price of $1,731.

Derby ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
106418$1,731

Live near Derby, Connecticut's Top Sights and Attractions

Derby Greenway is a scenic trail that runs along the Naugatuck River. It is a 3.5 mile long paved path that is perfect for walking, running, biking, and rollerblading. The trail is lined with trees and offers stunning views of the river and the surrounding countryside. Along the way, visitors can enjoy a variety of wildlife, including birds, turtles, and fish. There are also several benches and picnic tables for visitors to rest and enjoy the scenery.

Osbornedale State Park is a scenic outdoor destination located in the rolling hills of Connecticut. It features a variety of activities for visitors to enjoy, including hiking, biking, fishing, and picnicking. The park is home to a variety of wildlife, including deer, fox, and wild turkeys. There are also several ponds and streams, as well as a large meadow, perfect for bird watching. The park also features a playground and a picnic pavilion. Visitors can also explore the historic Osbornedale Mansion, a 19th-century estate that is now part of the park.

Witek Memorial Park is a picturesque outdoor space located in a small town. It features a large pond, a walking trail, and a playground. The pond is surrounded by lush trees and grassy areas, making it a great spot for a picnic or a leisurely stroll. The walking trail winds through the park, offering visitors a chance to take in the natural beauty of the area. The playground is equipped with swings, slides, and other fun activities for children. The park also has a pavilion, which can be used for special events and gatherings.

Town Green is a picturesque park located in the heart of the town. It features a large grassy area surrounded by trees and benches, perfect for picnics and outdoor activities. There is also a gazebo, a pond with a fountain, and a walking path. The park is a popular spot for locals and visitors alike, offering a peaceful escape from the hustle and bustle of everyday life.

Osborndale State Park is a scenic outdoor destination located in the rolling hills of Connecticut. It features a variety of recreational activities, including hiking, biking, fishing, and picnicking. The park is home to a variety of wildlife, including deer, foxes, and birds. Visitors can explore the park's many trails, which wind through wooded areas and along the banks of the Housatonic River. The park also offers a playground, picnic areas, and a boat launch.

Derby Dam Fishing is a popular spot for anglers looking to catch a variety of fish. Located on the Housatonic River, the dam creates a deep pool of water that is home to a variety of species including trout, bass, and catfish. The area is well-stocked with bait and tackle, and there are plenty of spots to cast a line. The dam also provides a great spot for bird watching and wildlife viewing, with a variety of birds and animals that can be seen in the area.

Founders Common is a picturesque park located in the heart of the town. It features a large grassy area surrounded by trees and a pond, with a walking path that winds around the perimeter. The park also has a gazebo, a playground, and a picnic area. It is a popular spot for locals to come and relax, take a stroll, or have a picnic.

Frank P Witek Memorial Park is a scenic outdoor destination located in the heart of Connecticut. Visitors can enjoy a variety of activities, including walking trails, a playground, and a picnic area. The park also features a pond with a dock, a gazebo, and a pavilion. The park is a great place to relax and take in the beauty of the surrounding area.

Derby Greenway is a scenic trail that runs along the Naugatuck River. It is a 3.5 mile long paved path that is perfect for walking, running, biking, and rollerblading. The trail is lined with trees and offers stunning views of the river and the surrounding countryside. Along the way, visitors can enjoy a variety of wildlife, including birds, turtles, and fish. There are also several benches and picnic tables for visitors to rest and enjoy the scenery.

Derby Historical Marker is a monument located in Derby, Connecticut that commemorates the city's history. It is a large granite obelisk that stands at the corner of Main Street and Elizabeth Street. The marker is inscribed with the city's founding date of 1675 and a brief history of the city's development. It also features a bronze plaque with a portrait of the city's founder, John Wakeman. The marker is a popular spot for locals and visitors alike, and serves as a reminder of the city's rich history.

Derby, Connecticut area median rent change by ZIP code map

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How does Derby compare to other cities in Connecticut?

citymedian price
Clinton$2,450
Branford$2,375
Orange$2,350
South Windsor$2,295
Derby$1,795
Wallingford$1,775
Bethel$1,685

Average household income in Derby area graph - US Census

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The median household income in Derby in 2021 was $64,494. This represents a 18.2% change from 2011 when the median was $54,561.

#categorypercent
0Less than $10,00011.4%
1$10,000 to $14,9993.2%
2$15,000 to $19,9993.8%
3$20,000 to $24,9995.9%
4$25,000 to $29,9993.7%
5$30,000 to $34,9995.0%
6$35,000 to $39,9997.1%
7$40,000 to $44,9992.4%
8$45,000 to $49,9993.7%
9$50,000 to $59,9994.9%
10$60,000 to $74,9997.7%
11$75,000 to $99,99913.9%
12$100,000 to $124,99910.8%
13$125,000 to $149,9995.1%
14$150,000 to $199,9997.4%
15$200,000 or more4.1%

Neighborhoods in Derby

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Derby is $1,613.
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