Connecticut

Hartford, CT Rental Market

Hartford is Connecticut's state capital and the historical center of the American insurance industry, home to Aetna (CVS Health), The Hartford Financial Services Group, and Travelers Insurance. State government employment, a major healthcare sector anchored by Hartford HealthCare and Trinity Health, and Trinity College add institutional stability to the rental market. Hartford's lower median home values relative to Fairfield County produce a 7.5% gross yield — the highest in our Connecticut coverage — making it attractive for investors who can navigate the city's higher property tax environment.

Get a rent estimate for an address in Hartford

Average Rent in Hartford, CT

$1,400

per month · 2026-06

+3.2% year-over-year

Market Score

6/10

Key Facts — Hartford, CT Rental Market

  • Average rent in Hartford, CT:$1,400/mo
  • Median rent:$1,288/mo
  • Rent range:$700 – $3,100/mo
  • Most common rental (2 bedrooms):$1,225/mo
  • Active listings:580
  • Avg days to lease:31 days
  • Year-over-year change:+3.2%
  • Median home value:$225,000
  • Est. gross annual yield:7.5%
  • Data as of:2026-06

Rent by Bedroom in Hartford, CT

Average monthly rent for each bedroom type based on current active listings in Hartford.

Bedroom TypeAvg Rent/mo
1 Bedroom
$1,000/mo
2 Bedrooms
$1,225/mo
3 Bedrooms
$1,575/mo
4 Bedrooms
$1,925/mo
5 Bedrooms
$2,200/mo

Hartford Rental Market Statistics

Key indicators from the current Hartford, CT rental market.

Active Listings

580

Available now in Hartford

Avg Days on Market

31

From list to lease

Rent per Sq Ft

$1.12

Average across listings

Avg Square Footage

1,250 sq ft

Typical rental size

Rent Range

$700 – $3,100

Min to max active listings

Year-over-Year Change

+3.2%

Avg rent vs. prior year

Investing in Hartford, CT Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$225,000

Typical purchase price in Hartford

Est. Gross Annual Yield

7.5%

Before expenses & vacancy

Avg Monthly Income

$1,400

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Hartford for a full cash-flow breakdown including all costs.

Hartford, CT Rental Market FAQ

Common questions about renting and investing in Hartford, CT.

What is the average rent in Hartford, CT?

The average rent in Hartford, CT is $1,400 per month as of 2026. One-bedroom apartments average $1,000/mo, two-bedrooms average $1,225/mo, and three-bedroom homes average $1,575/mo. The West End, Asylum Hill, and Blue Hills neighborhoods offer the most desirable housing stock and command premium rents, while downtown Hartford and the Parkville arts district attract younger professionals.

Is Hartford, CT a good place to invest in rental property?

Hartford offers a 7.5% estimated gross annual yield — the highest in our Connecticut coverage — with a median home value near $225,000. Aetna, The Hartford, Travelers, and state government provide a large, stable tenant pool of white-collar insurance and government professionals. Investors must carefully model Connecticut's high property taxes (effective rates of 3–4% are common in Hartford) and factor in higher maintenance costs for older New England housing stock.

How competitive is the Hartford, CT rental market?

Hartford has approximately 580 active listings and averages 31 days on market. The West End and Asylum Hill neighborhoods near the insurance district attract professionals who lease consistently year-round. Trinity College drives student demand in the area immediately surrounding campus. The overall market is more measured than Stamford or New Haven due to Hartford's stagnant population trends, but institutional employer stability keeps core demand intact.

Ready to Analyze a Property in Hartford?

Get an instant rent estimate, cash-flow projection, and comparable rentals for any address in Hartford, CT.

Analyze Now — It's Free