Connecticut — Rental Investment Markets
All Connecticut metros ranked by cap rate. Median cap rate: 3.2%, median home price: $440,828.
Median Cap Rate
3.2%
Median Home Price
$440,828
Median Rent
$2,210/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Hartford, CT | 6.4% | -$6/mo | $222,388 | $1,830/mo | 🟢 GOOD |
| 2 | Windham, CT | 5.3% | -$289/mo | $325,838 | $2,325/mo | 🟡 MODERATE |
| 3 | Bridgeport, CT | 5.3% | -$305/mo | $321,016 | $2,370/mo | 🟡 MODERATE |
| 4 | Manchester, CT | 5.1% | -$367/mo | $328,933 | $2,255/mo | 🟡 MODERATE |
| 5 | Willimantic, CT | 5.0% | -$319/mo | $272,496 | $1,850/mo | 🟡 MODERATE |
| 6 | Mansfield, CT | 4.9% | -$454/mo | $369,188 | $2,480/mo | 🟡 MODERATE |
| 7 | Wolcott, CT | 4.8% | -$501/mo | $388,256 | $2,580/mo | 🟡 MODERATE |
| 8 | Hamden, CT | 4.8% | -$460/mo | $387,219 | $2,240/mo | 🟡 MODERATE |
| 9 | New Haven, CT | 4.5% | -$476/mo | $362,133 | $2,150/mo | 🟡 MODERATE |
| 10 | East Hartford, CT | 4.4% | -$507/mo | $302,207 | $1,865/mo | 🟡 MODERATE |
| 11 | Waterbury, CT | 4.4% | -$444/mo | $272,974 | $1,800/mo | 🟡 MODERATE |
| 12 | Southbury, CT | 4.3% | -$763/mo | $447,868 | $2,750/mo | 🟡 MODERATE |
| 13 | Norwich, CT | 4.3% | -$500/mo | $291,442 | $1,785/mo | 🟡 MODERATE |
| 14 | Thompson, CT | 4.2% | -$702/mo | $390,114 | $2,350/mo | 🟡 MODERATE |
| 15 | Stratford, CT | 4.1% | -$850/mo | $448,061 | $2,645/mo | 🟡 MODERATE |
| 16 | Ledyard, CT | 4.0% | -$799/mo | $405,248 | $2,355/mo | 🟡 MODERATE |
| 17 | New Britain, CT | 4.0% | -$569/mo | $301,840 | $1,850/mo | 🟡 MODERATE |
| 18 | Danbury, CT | 4.0% | -$961/mo | $485,786 | $2,820/mo | 🟡 MODERATE |
| 19 | Milford, CT | 3.8% | -$1,083/mo | $499,036 | $2,780/mo | 🔴 WEAK |
| 20 | Derby, CT | 3.8% | -$732/mo | $339,871 | $1,900/mo | 🔴 WEAK |
| 21 | Beacon Falls, CT | 3.8% | -$914/mo | $419,068 | $2,330/mo | 🔴 WEAK |
| 22 | West Haven, CT | 3.8% | -$779/mo | $361,408 | $2,020/mo | 🔴 WEAK |
| 23 | Sprague, CT | 3.8% | -$800/mo | $365,746 | $2,030/mo | 🔴 WEAK |
| 24 | Killingly, CT | 3.7% | -$810/mo | $365,401 | $2,015/mo | 🔴 WEAK |
| 25 | Meriden, CT | 3.7% | -$730/mo | $327,350 | $1,800/mo | 🔴 WEAK |
| 26 | Naugatuck, CT | 3.6% | -$800/mo | $349,867 | $1,900/mo | 🔴 WEAK |
| 27 | Plainfield, CT | 3.6% | -$782/mo | $337,480 | $1,820/mo | 🔴 WEAK |
| 28 | Montville, CT | 3.5% | -$890/mo | $361,406 | $1,885/mo | 🔴 WEAK |
| 29 | Colchester, CT | 3.5% | -$1,050/mo | $433,246 | $2,280/mo | 🔴 WEAK |
| 30 | Salem, CT | 3.4% | -$1,160/mo | $459,307 | $2,360/mo | 🔴 WEAK |
| 31 | Waterford, CT | 3.4% | -$1,009/mo | $412,003 | $2,155/mo | 🔴 WEAK |
| 32 | Durham, CT | 3.4% | -$1,260/mo | $498,409 | $2,560/mo | 🔴 WEAK |
| 33 | Middlefield, CT | 3.3% | -$1,056/mo | $413,998 | $2,115/mo | 🔴 WEAK |
| 34 | Simsbury, CT | 3.3% | -$1,253/mo | $510,232 | $2,665/mo | 🔴 WEAK |
| 35 | Ansonia, CT | 3.2% | -$1,001/mo | $378,457 | $1,890/mo | 🔴 WEAK |
| 36 | Farmington, CT | 3.2% | -$1,287/mo | $481,264 | $2,385/mo | 🔴 WEAK |
| 37 | West Hartford, CT | 3.1% | -$1,361/mo | $495,928 | $2,415/mo | 🔴 WEAK |
| 38 | Stamford, CT | 3.1% | -$1,869/mo | $663,181 | $3,255/mo | 🔴 WEAK |
| 39 | Groton, CT | 3.1% | -$1,360/mo | $474,374 | $2,240/mo | 🔴 WEAK |
| 40 | Willington, CT | 3.0% | -$1,105/mo | $393,912 | $1,890/mo | 🔴 WEAK |
| 41 | North Branford, CT | 3.0% | -$1,334/mo | $471,802 | $2,250/mo | 🔴 WEAK |
| 42 | Redding, CT | 2.9% | -$2,547/mo | $865,858 | $4,010/mo | 🔴 WEAK |
| 43 | Southington, CT | 2.9% | -$1,266/mo | $431,345 | $2,000/mo | 🔴 WEAK |
| 44 | Franklin, CT | 2.9% | -$1,171/mo | $405,002 | $1,900/mo | 🔴 WEAK |
| 45 | Prospect, CT | 2.8% | -$1,408/mo | $468,167 | $2,130/mo | 🔴 WEAK |
| 46 | Newtown, CT | 2.8% | -$1,962/mo | $650,167 | $2,950/mo | 🔴 WEAK |
| 47 | Berlin, CT | 2.8% | -$1,355/mo | $451,764 | $2,060/mo | 🔴 WEAK |
| 48 | Hartland, CT | 2.8% | -$1,275/mo | $432,557 | $2,000/mo | 🔴 WEAK |
| 49 | Higganum, CT | 2.8% | -$1,472/mo | $489,782 | $2,230/mo | 🔴 WEAK |
| 50 | Norwalk, CT | 2.7% | -$2,067/mo | $668,136 | $2,970/mo | 🔴 WEAK |
| 51 | Woodstock, CT | 2.7% | -$1,333/mo | $432,090 | $1,925/mo | 🔴 WEAK |
| 52 | Orange, CT | 2.7% | -$1,923/mo | $628,422 | $2,820/mo | 🔴 WEAK |
| 53 | Hebron, CT | 2.6% | -$1,435/mo | $460,013 | $2,030/mo | 🔴 WEAK |
| 54 | East Haddam, CT | 2.5% | -$1,394/mo | $427,060 | $1,810/mo | 🔴 WEAK |
| 55 | Eastford, CT | 2.4% | -$1,321/mo | $401,695 | $1,690/mo | 🔴 WEAK |
| 56 | Glastonbury, CT | 2.4% | -$2,023/mo | $597,654 | $2,445/mo | 🔴 WEAK |
| 57 | Suffield, CT | 2.4% | -$1,672/mo | $496,427 | $2,040/mo | 🔴 WEAK |
| 58 | Voluntown, CT | 2.2% | -$1,521/mo | $433,788 | $1,710/mo | 🔴 WEAK |
| 59 | Cheshire, CT | 2.2% | -$1,839/mo | $533,243 | $2,140/mo | 🔴 WEAK |
| 60 | Monroe, CT | 2.1% | -$2,253/mo | $637,253 | $2,490/mo | 🔴 WEAK |
| 61 | Granby, CT | 2.1% | -$2,095/mo | $585,045 | $2,080/mo | 🔴 WEAK |
| 62 | Easton, CT | 2.1% | -$3,472/mo | $969,094 | $3,730/mo | 🔴 WEAK |
| 63 | Oxford, CT | 2.0% | -$2,163/mo | $587,437 | $2,190/mo | 🔴 WEAK |
| 64 | Essex, CT | 2.0% | -$1,946/mo | $535,759 | $2,030/mo | 🔴 WEAK |
| 65 | Stonington, CT | 1.7% | -$2,408/mo | $610,529 | $2,080/mo | 🔴 POOR |
| 66 | Killingworth, CT | 1.7% | -$2,398/mo | $611,293 | $2,100/mo | 🔴 POOR |
| 67 | Weston, CT | 1.6% | -$5,540/mo | $1,375,745 | $4,550/mo | 🔴 POOR |
| 68 | Fairfield, CT | 1.6% | -$4,503/mo | $1,122,065 | $3,730/mo | 🔴 POOR |
| 69 | Ridgefield, CT | 1.6% | -$3,967/mo | $996,292 | $3,350/mo | 🔴 POOR |
| 70 | Wilton, CT | 1.4% | -$5,223/mo | $1,250,787 | $3,910/mo | 🔴 POOR |
| 71 | Westport, CT | -0.1% | -$10,838/mo | $2,009,838 | $3,300/mo | 🔴 POOR |
| 72 | Greenwich, CT | -0.2% | -$13,694/mo | $2,448,214 | $3,640/mo | 🔴 POOR |