ZIP Code · CT

ZIP 06776

Part of New Milford, CT

Pop. 27,010·Litchfield County·50th most expensive ZIP in Connecticut

Median rent (all units)

$1,956/mo

Year-over-Year

Stable

Month-over-Month

+2.1%

vs US Median

+$24

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 06776 · $1,956

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

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($104,112) is $2,603 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,230); a 2-bedroom is $2,660.

From Zillow's monthly rent index (ZORI) for ZIP 06776. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,472/yr

At $1,956/mo median

Location

CityNew Milford

StateCT

CountyLitchfield County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +2.1% 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

Tips for renters in ZIP 06776

About renting in ZIP 06776

Last updated: October 17, 2026

ZIP code 06776 covers New Milford, CT. The median rent here is $1,956/mo as of October 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 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 $78,000/year (about $38/hour full-time) to afford the median rent of $1,956/mo in ZIP 06776. The local median household income is $104,112/yr, so the typical household meets that bar.