ZIP Code · CT

ZIP 06457

Part of Middletown, CT

Pop. 46,720·Middlesex County·49th most expensive ZIP in Connecticut

Median rent (all units)

$1,962/mo

Year-over-Year

+4.0%

Month-over-Month

+0.8%

vs US Median

+$30

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 06457 · $1,962

More expensive than 59% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,330

1 BR

$1,530

2 BR

$1,930

3 BR

$2,310

4 BR+

$2,630

Research median

$1,930/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 06457 usually run 2.2% below trend in February and 1.8% above it in July, about $78 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 06457 is at its highest level since Zillow's records here began in December 2016.

Past year vs. the rest of Connecticut

Rent in ZIP 06457 changed +4.0% over the year to September 2026. Across the 64 Connecticut ZIP codes Zillow tracks, the typical change was +3.7%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 06457 rose 45.4% while median household income rose 21.2% ($65,572 to $79,463). Rent outpaced income.

Since before the pandemic

Rent in ZIP 06457 is 54.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($79,463) is $1,987 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,930); a 3-bedroom is $2,310.

Cheaper nearby

ZIP 06051, 10 miles away, rents for 16% less ($1,651/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 06457. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,544/yr

At $1,962/mo median

Location

CityMiddletown

StateCT

CountyMiddlesex County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.0% YoY, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 06457 (Middletown, CT) is roughly split between renters and owners, skews toward younger working-age adults, 40.2% of residents hold a bachelor's degree or higher.

Population

46,720

Median income

$79,463

Median age

Renters

47.1%

Age distribution

14.7%

30.7%

23.7%

14%

17%

Under 1814.7%

18–3430.7%

35–5423.7%

55–6414%

65+17%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

65.5%

15%

12.6%

White65.5%

Black15%

Hispanic12.6%

Asian5.8%

Other1.1%

Education (25+)

27.2%

26.4%

40.2%

No HS diploma6.2%

HS diploma27.2%

Some college26.4%

Bachelor's+40.2%

Housing tenure

52.9%

47.1%

Owner52.9%

Renter47.1%

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

2021 vs 2026

How ZIP 06457 in Middletown, CT has changed in 5 years

Rent

$1,362 → $1,962

up 44.1%

Income

$67,510 → $79,463

up 17.7%

Population

46,000 → 46,720

up 1.6%

Renter share

46.4% → 47.1%

+0.7 pts

Bachelor's+

39.4% → 40.2%

+0.8 pts

Median age

40.6 → 39

-1.6 yrs

Since 2021, the typical rent in ZIP 06457 in Middletown, CT has climbed from $1,362 to $1,962, a 44.1% change over five years. Census figures show median household income at $79,463 today, compared with $67,510 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.6% since 2021, moving from about 46,000 residents to roughly 46,720. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 06457

Last updated: October 17, 2026

ZIP code 06457 covers Middletown, CT. The median rent here is $1,962/mo as of October 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,930/mo.

At 30% of local median household income ($79,463/yr), ZIP 06457 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 06457?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,962/mo in ZIP 06457. The local median household income is $79,463/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 06457?

Rent in ZIP 06457 has risen 4.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2016.

When is the cheapest time to rent in ZIP 06457?

Asking rents in ZIP 06457 are usually lowest in February, about 2.2% below their yearly trend, and highest in July, about 1.8% above it. At today's median that is a gap of roughly $78 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 06457?

Yes. From 2019 to 2024, rent in ZIP 06457 rose 45.4% while median household income rose 21.2%, from $65,572 to $79,463. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 06457 compare to other ZIPs in Connecticut?

ZIP 06457 is in the middle among Connecticut ZIP codes for rent, ranking #49 of 83 at $1,962/mo. Over the year to September 2026, rent in ZIP 06457 changed +4.0%, against a typical +3.7% across the 64 Connecticut ZIP codes Zillow tracks.