RentData

Average Rent in Deep River town, CT

HUD FY2026 · Official government data · Updated annually · Metro pop. 1,144,012

Data review: HUD FY2026Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Deep River town, CT has rental prices ranging from $1,286/month to $2,539/month in 2026, depending on unit size. The typical 1-bedroom apartment rents for $1,477/month — 6% above the national average of $1,400/month. With a median household income of $92,823/year, spending $1,477/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Deep River town Compares

With an average 2-bedroom rent of $1,865/month, Deep River town ranks #15 most expensive of the 31 cities tracked in Connecticut — pricier than 96% of all US cities in our data.

The Deep River town Rental Market

The Deep River town, CT area has a population of about 1,144,012 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Affordability

To afford a 1-bedroom apartment in Deep River town, CT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $59,080. The local median household income of $92,823 exceeds that threshold by $33,743, making Deep River town relatively accessible compared to local wages.

Fair Market Rents

HUD FY2026
Studio
$1,286
Affordable
1 Bedroom
$1,477
Affordable
2 Bedrooms
$1,865
Affordable
3 Bedrooms
$2,236
Affordable
4 Bedrooms
$2,539
Average
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Is Deep River town, CT Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$74,600/year
Local median income: $92,823
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,865/month and 20% down on a — home at 7% rate.

Nearby Cities in CTlargest metros in the state

CityStudio1BR2BR3BRHome Value
Southern Middlesex County$1,286$1,294$1,680$2,192—
Clinton town$1,286$1,477$1,865$2,236—
Essex town$1,286$1,477$1,865$2,236—
Killingworth town$1,286$1,477$1,865$2,236—
Old Saybrook town$1,286$1,477$1,865$2,236—
Westbrook town$1,286$1,477$1,865$2,236—

Rent or Buy in Deep River town?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Deep River town data

$
Home Value
$350,000
2BR Rent
$1,865/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,865/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Deep River town

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Deep River town

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💵Rent Affordability in Deep River town

Salary needed to afford rent here

🗺️All Cities in CT

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📋CT Tenant Rights

Deposit limits, eviction laws & renters protections