GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Connecticut

The average rent in Connecticut is estimated to be around $1,500 per month.

In this post, we will explore the various statistics surrounding the average rent in Connecticut. From the overall state average to specific cities and housing types, we will delve into the numbers to provide a comprehensive overview of the rental market in Connecticut. Whether you’re interested in the trends over the past year, regional differences, or how much renters typically spend on housing, this post will give you an informative look at the current rental landscape in the state.

Statistic 1

"The average rent in Connecticut has increased by 2.5% in the past year."

Sources Icon

Statistic 2

"The average rent in the Greater Bridgeport area is $1,300 for a one-bedroom apartment."

Sources Icon

Statistic 3

"Waterbury, CT, has an average rent of $900 for a one-bedroom apartment."

Sources Icon

Statistic 4

"The average rent for single-family homes in suburban areas of Connecticut is $2,500 per month."

Sources Icon

Statistic 5

"The average rent for a luxury apartment in Connecticut is $2,800 per month."

Sources Icon

Statistic 6

"The average rent for pet-friendly apartments in Connecticut is $1,600 per month."

Sources Icon

Statistic 7

"The average annual rent increase in Connecticut over the past 5 years has been 3.2%."

Sources Icon

Statistic 8

"The average rent for a one-bedroom apartment in Connecticut is $1,200 per month."

Sources Icon

Statistic 9

"Average rent in New London, CT, is $1,100 for a one-bedroom apartment."

Sources Icon

Statistic 10

"The average rent for a two-bedroom apartment in Connecticut is $1,500 per month."

Sources Icon

Statistic 11

"Stamford, CT, has one of the highest average rents in the state at $2,300 for a two-bedroom apartment."

Sources Icon

Statistic 12

"Hartford, CT, has an average rent of $1,050 for a one-bedroom apartment."

Sources Icon

Statistic 13

"The average rent in New Haven, CT, is $1,150 for a one-bedroom apartment."

Sources Icon

Statistic 14

"Average rent in Connecticut is 25% higher than the national average."

Sources Icon

Statistic 15

"The average rental market vacancy rate in Connecticut is 6%."

Sources Icon

Statistic 16

"The coastal areas of Connecticut, such as Greenwich, have average rents exceeding $3,000 for larger apartments."

Sources Icon

Statistic 17

"The average rent for studio apartments in Connecticut is $900 per month."

Sources Icon

Statistic 18

"The average rent for three-bedroom houses in Connecticut is approximately $2,100 per month."

Sources Icon

Statistic 19

"Renters in Connecticut typically spend 30% of their income on housing."

Sources Icon

Statistic 20

"The percentage of households renting rather than owning in Connecticut is 32%."

Sources Icon
In conclusion, the average rent in Connecticut has shown a gradual increase over the past year, with various regions and housing types reflecting a range of rental prices. Stamford stands out with some of the highest average rents in the state, while Waterbury offers more affordable options. The rental market in Connecticut remains strong, with luxury and pet-friendly apartments commanding higher rents. However, renters should be mindful of spending a significant portion of their income on housing, as the state’s average rent is notably higher than the national average. The vacancy rate in Connecticut is moderate, indicating a fairly stable rental market, and a sizable percentage of households opt for renting rather than owning in the state.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!