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ZIP Code · CT

ZIP 06776

Pop. 27,010·Litchfield County·55th most expensive ZIP in Connecticut
Median rent (all units)
$1,988/mo
Year-over-Year
Stable
Month-over-Month
-2.7%
vs US Median
+$23
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 06776 · $1,988
More expensive than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,830
1 BR
$2,230
2 BR
$2,660
3 BR
$3,220
4 BR+
$3,810
Research median
$2,660/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: July 20, 2026

Annual cost
$23,856/yr
At $1,988/mo median
Location
StateCT
CountyLitchfield County
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, -2.7% MoM), not inventory.
Demographics

Who lives here

ZIP 06776 (New Milford, CT) is majority owner-occupied, has a median income above the national average, 41.1% of residents hold a bachelor's degree or higher.

Population
27,010
Median income
$104,112
Median age
41.9
Renters
19.9%
Age distribution
21.7%
19.8%
23.8%
16.9%
17.7%
Under 1821.7%
18–3419.8%
35–5423.8%
55–6416.9%
65+17.7%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
78.4%
12.4%
White78.4%
Black3.4%
Hispanic12.4%
Asian3.6%
Other2.2%
Education (25+)
26.9%
26.7%
41.1%
No HS diploma5.4%
HS diploma26.9%
Some college26.7%
Bachelor's+41.1%
Housing tenure
80.1%
19.9%
Owner80.1%
Renter19.9%

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

2021 vs 2026

How ZIP 06776 in New Milford, CT has changed in 5 years

Income
$92,717 → $104,112
up 12.3%
Population
27,043 → 27,010
down 0.1%
Renter share
21.1% → 19.9%
-1.2 pts
Bachelor's+
40.5% → 41.1%
+0.6 pts
Median age
42.7 → 41.9
-0.8 yrs

On the earnings side, the typical household in ZIP 06776 in New Milford, CT now reports about $104,112, up from $92,717 in 2021.

Community

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Local insights

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About renting in ZIP 06776

Last updated: July 20, 2026

ZIP code 06776 covers New Milford, CT. The median rent here is $1,988/mo as of July 2026. A 1-bedroom rents for a median of $2,230/mo. A 2-bedroom rents for a median of $2,660/mo.

At 23% of local median household income ($104,112/yr), ZIP 06776 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 06776?

As of July 20, 2026, the median monthly rent in ZIP 06776 (New Milford, CT) is $1,988. This is based on aggregated data from public sources and community submissions.

How does ZIP 06776 rent compare to the US average?

ZIP 06776's median rent of $1,988/mo is $23 (1%) above the US national median of $1,965/mo.

How does ZIP 06776 compare to other ZIPs in Connecticut?

ZIP 06776 falls in the middle range for Connecticut, ranking #55 out of 85 ZIPs at $1,988/mo.

How much income do you need to rent in ZIP 06776?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,988/mo in ZIP 06776. The local median household income is $104,112/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 06776?

Rent in ZIP 06776 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 06776 an affordable place to rent?

ZIP 06776 is considered very affordable for renters. At $1,988/mo, rent takes approximately 23% of the local median household income ($104,112/yr). The standard benchmark is 30%. ZIP 06776 falls comfortably within that range.

What percentage of ZIP 06776 residents rent vs. own?

According to Census data, approximately 19.9% of ZIP 06776 households are renters, while 80.1% are owner-occupied. ZIP 06776 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 06776 compare to the rest of New Milford?

ZIP 06776 is more affordable than New Milford overall. At $1,988/mo, it's $37 below the New Milford citywide median of $2,025/mo.

When was rent data for ZIP 06776 last updated?

Rent data for ZIP 06776 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,988/mo, rent takes ~23% of ZIP 06776's median household income ($104,112/yr). The standard benchmark is 30%.

ZIP 06776 23%Benchmark 30%
State income tax3–6.99%
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Schools nearby

Public schools near ZIP 06776 (New Milford, CT)

Recent submissions

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