RentYield Atlas

ZIP 06704 — Waterbury, CT: rental yield & market data

Gross rental yield of 6.74% — ranked #34 of 110 Connecticut ZIP codes. June 2026 data.

Gross rental yield
6.74%
Home value
$270,738
Market rent / mo
$1,521
Price-to-rent
14.8

Trend

Metric1-year change5-year change
Home value+2.2% +70.3%
Market rent-1.7%

Metro: New Haven-Milford, CT · County: New Haven County · Annual rent: $18,252

Comparable ZIP codes in Connecticut

Similar home values, sorted by yield — the cheapest way to see if 06704 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
06519New HavenCT$304,254$2,3599.30%10.7+7.9%
06610BridgeportCT$302,652$1,9817.85%12.7+7.1%
06112HartfordCT$262,608$1,7177.84%12.7+7.3%
06226WillimanticCT$277,337$1,7647.63%13.1+2.2%
06513New HavenCT$305,254$1,8757.37%13.6+4.7%
06705WaterburyCT$272,685$1,6077.07%14.1+3.8%
06051New BritainCT$294,404$1,5796.44%15.5+8.4%
06706WaterburyCT$288,289$1,3775.73%17.4+4.4%

Top rental yields in all of Connecticut →

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