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City Report · CT

Winsted

Pop. 6,977·56th most expensive in Connecticut·One of the most affordable rental markets in the US
Median rent (all units)
$1,366/mo
Year-over-Year
Stable
Month-over-Month
-1.4%
vs US Median
-$596
Falling (Monthly)
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Most AffordableMost Expensive
Winsted · $1,366
More affordable than 83% of US cities · National median $1,962/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,366/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$55,000/yr
Local median income
$64,871/yr
Based on the 30%-of-income rule using Winsted's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$1,110
2 BR
$1,370
3 BR
$1,710
4 BR+
$1,960
Fair Market Rent (HUD)
$1,370/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,366 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: April 17, 2026

Annual cost
$16,392/yr
At $1,366/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.4% MoM), not inventory.
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Demographics

Who lives here

Winsted, CT is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 26.8% of residents hold a bachelor's degree or higher.

Population
6,977
Median income
$64,871
Median age
47.6
Renters
45.3%
Age distribution
14.4%
17.4%
23.9%
19.2%
25%
Under 1814.4%
18–3417.4%
35–5423.9%
55–6419.2%
65+25%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
82.3%
White82.3%
Black2.9%
Hispanic8.9%
Other5.8%
Education (25+)
31.5%
32.4%
26.8%
No HS diploma9.3%
HS diploma31.5%
Some college32.4%
Bachelor's+26.8%
Housing tenure
54.7%
45.3%
Owner54.7%
Renter45.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Winsted, CT has changed in 5 years

Income
$58,661 → $64,871
up 10.6%
Population
6,662 → 6,977
up 4.7%
Renter share
56.2% → 45.3%
-10.9 pts
Bachelor's+
20.5% → 26.8%
+6.3 pts
Median age
44.1 → 47.6
+3.5 yrs

On the earnings side, the typical household in Winsted, CT now reports about $64,871, up from $58,661 in 2021. The population has grown by 4.7% since 2021, moving from about 6,662 residents to roughly 6,977. Renters now make up 45.3% of households, compared with 56.2% five years ago. College-educated residents now make up 26.8% of adults here, versus 20.5% in 2021.

Community

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View Winsted rent history (2015–2026) →
Salary vs rent

Can you afford rent in Winsted on your salary?

At $1,366/mo, how Winsted rent compares to typical pay (30% rule).

By apartment size

Winsted rent by bedroom count

Median rent for each apartment size in Winsted. Click any size for full breakdown.

Local insights

Tips for renters in Winsted

About renting in Winsted, CT

Last updated: April 17, 2026

The median rent in Winsted is $1,366/mo as of April 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,370/mo. One-bedroom apartments average $1,110/mo and 3-bedroom units go for $1,710/mo.

At 25% of local median household income ($64,871/yr), Winsted ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Winsted an affordable city for renters?

Winsted is considered affordable for renters. At $1,366/mo, rent takes approximately 25% of the local median household income ($64,871/yr). The standard benchmark is 30%. Winsted falls comfortably within that range.

How much income do you need to rent in Winsted?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,366/mo in Winsted. The local median household income is $64,871/yr, meaning the typical Winsted household meets that threshold.

Is rent going up or down in Winsted?

Rent in Winsted has been relatively stable over the past year, with a 0.0% change year over year as of April 2026.

How does Winsted rent compare to other cities in Connecticut?

Winsted is one of the more affordable cities in Connecticut for rent, ranking #56 out of 56 tracked cities at $1,366/mo.

What percentage of Winsted residents rent vs. own?

According to Census data, approximately 45.3% of Winsted households are renters, while 54.7% are owner-occupied. Winsted leans toward homeownership, which can mean a smaller rental inventory.

How does Winsted rent compare to the national average?

Winsted's median rent of $1,366/mo is $596 (30%) below the US national median of $1,962/mo. Within Connecticut, it ranks #56 out of 56 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,366/mo, rent takes ~25% of Winsted's median household income ($64,871/yr). The standard benchmark is 30%.

Winsted 25%Benchmark 30%
State income tax3–6.99%
Run the Winsted affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Winsted, CT

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