Rental numbers for Connecticut
1 of 117 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 6.2%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 6.2%
- 117 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $451,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,276/mo
- median across 117 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
Highest-yield ZIP codes in Connecticut
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 06105Hartford | $113,000 | $1,538 | 16.3% | +$244 |
| 06120Hartford | $226,000 | $1,838 | 9.8% | -$359 |
| 06901Stamford | $380,000 | $3,060 | 9.7% | -$399 |
| 06114Hartford | $224,000 | $1,576 | 8.4% | -$587 |
| 06106Hartford | $232,000 | $1,619 | 8.4% | -$649 |
| 06607Bridgeport | $314,000 | $2,172 | 8.3% | -$876 |
| 06111Newington | $380,000 | $2,575 | 8.1% | -$962 |
| 06042Manchester | $324,000 | $2,173 | 8.0% | -$903 |
| 06002Bloomfield | $364,000 | $2,425 | 8.0% | -$958 |
| 06610Bridgeport | $302,000 | $2,001 | 8.0% | -$959 |
Trends
Five years to August 2026
- Price, 12 months
- +5.0%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 1.81%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $321,313 |
| Aug 2022 | $357,344 |
| Aug 2023 | $380,361 |
| Aug 2024 | $413,115 |
| Aug 2025 | $429,244 |
| Aug 2026 | $450,873 |
Costs that vary by state
- Effective property tax
- 1.81%
- Census ACS 2024
- Landlord insurance default
- $2,443/yr
- NAIC HO-3 $2,036 x 1.2
- Permits per 1,000 households
- 4.0
- last 12 months
- Median typical price
- $413,000
- tier A ZIPs
Metros
Questions
- Is Connecticut good for rental property?
- 1 of 117 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 6.2%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in Connecticut?
- About 1.81% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in Connecticut?
- NAIC's 2023 average homeowners (HO-3) premium in Connecticut was $2,036. Landlord policies usually cost more, so this site assumes $2,443 a year. Quotes depend on the property, coverage and claims history.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.