February 12, 2019

Apartment rents stagnant in CT, Hartford

Apartment rents stagnated in Hartford in January, despite rents increasing nationwide by 3.3 percent, according to new data.

In Connecticut, only New Haven reported a year-over-year increase in rents in January of 2 percent, according to a new analysis by listing service RENTCafe with data from Yardi Matrix, a commercial real estate data researcher.

The most expensive average rent in Connecticut is in Stamford at$2,368.

Here's a breakdown of January average apartment rents in major Connecticut cities, according to Yardi Matrix.

January apartment rents in CT

City

Average rent

Year-over-Year % change

Year-over-year net rent change

New Haven

$ 1,661

2.20%

$ 36

Stamford

$ 2,368

1.10%

$ 25

Manchester

$ 1,311

1.60%

$ 21

Waterbury

$ 938

0.90%

$ 8

Hartford

$ 1,176

-0.50%

$ (6)

Source: Yardi Matrix

This story has been updated

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