If you want a rental house, a rental apartment, or a place to own in Waterbury, you might want to know more about the housing market there. The median home price in Waterbury is $165,200 and the average price of rent is $853 per month, which is a bargain compared to larger cities within the state. The vacancy rate for rentals is at 6.5%, while the owner vacancy rate is much lower at 2.1%, indicating that more people are staying in the homes they have purchased. It's not surprising given the intimacy of the neighborhoods, as well as their beauty and close proximity to so many recreational and economic areas.
Waterbury's shopping is a treat for hipsters and trend setters alike! Waterbury has quaint little shops owned by local craftsmen, artisans and entrepreneurs. On Da Move Urban Wear, located on S Main St, is just one example of the unique andentrepreneurialspirit felt in this town. Another very popular and unique local shop is Princess Corsets & Lingerie Shop, which is located in Historic Downtown Waterbury on Grand St. It is an excellent alternative to the warehouse style bridal boutiques and lingerie stores you can find in any city. If shopping gets to be too tiring for you, stop in at Timexpo Museum to learn all about the history of the Timex watch brand that dates back to 1854. No matter where your interests lie, there is something for everyone in this beautiful city!
The nightlife of Waterbury is amazing. Whether it's a night out at the Palace Theatre to enjoy a Broadway play or an art exhibit on display at the Mattatuck Museum, there is always something amazing going on in Waterbury. The L-Tavern over on Highland Ave is a fantastic place to grab a mouthwatering burger and a frosty cold pint with friends after work. A slightly more sedate atmosphere can be found at the Mimosa Lounge on S Main St, where patrons enjoy the drinks while they visit with friends and unwind. Whatever your mood happens to be, you will find friendly, accommodating establishments all over the city of Waterbury that will make you return time and time again!
The Neighborhoods of Waterbury
Here are some neighborhoods in Waterbury you should know about:
Bunker Hill:Bunker Hill is on the western side of Waterbury and is populated with highly educated, urban professionals, students and families. The average rental prices in this neighborhood are around $757 per month and the vacancy rate is at a low 3.2%. Comprised of many medium to large sized single family homes and apartments as well as some row houses, this area is highly desirable with low crime rates and low rental turnover rates. When people move here, they tend to want to stay here.
Burnt Hill:Another great neighborhood in Waterbury is the Burnt Hill area. With Lakewood Park on the east side of the neighborhood and Fulton Park to the south, this area has many places to walk and enjoy the outdoors. The average rent in this area is $750 per month. With the rental vacancy rate being a bit higher here at 11%, it might be easier to find a place to rent, or one that you can rent to own, in this area. Burnt Hill is made up of many historic homes, as well as some more recent builds. This is an urban neighborhood in the center of town, and it's home to many young, hip and trendy people that love having the choice of walking or driving to reach their destination.