Stamford, CT Rental Market Trends
What is the average rent in Stamford?
The average rent for an apartment in Stamford is $2,513, a 5% increase compared to the previous year.
Average Rent in Stamford, CT
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,513 | 5% | 915 sq. ft. |
What is the average apartment size in Stamford?
The average size for a Stamford, CT apartment is 915 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Stamford, CT Apartment Rent Ranges
- $1,001-$1,5005%
- $1,501-$2,00019%
- > $2,00076%
Stamford, CT Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
18,439 or 37% of the households in Stamford, CT are renter-occupied while 30,702 or 62% are owner-occupied.
Stamford, CT Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stamford, CT | $2,350 | $2,377 | $2,371 | $2,353 | $2,447 | $2,440 | $2,434 | $2,399 | $2,431 | $2,459 | $2,513 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Stamford, CT By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Cove - East Side | $2,543 |
| Glenbrook | $2,543 |
| Palmers Hill | $2,543 |
| Roxbury | $2,543 |
| Shippan | $2,543 |
| South End Stamford | $2,543 |
| Waterside | $2,543 |
| West Side Stamford | $2,543 |
| Westover | $2,543 |
| Downtown Stamford | $2,446 |
| Ridgeway | $2,421 |
| Turn of River | $2,421 |
| Belltown | $1,987 |
| Newfield | $1,987 |
| Springdale | $1,987 |
What are the most affordable neighborhoods in Stamford?
The most affordable neighborhoods in Stamford are Belltown, where the average rent goes for $1,987/month, Newfield, where renters pay $1,987/mo on average, and Springdale, where the average rent goes for $1,987/mo. If you’re looking for other great deals, check out the listings from Ridgeway ($2,421), Turn of River ($2,421), and Downtown Stamford ($2,446), where the asking prices are below the average Stamford rent of $2,513/mo.
What are the most expensive neighborhoods in Stamford?
The most expensive neighborhoods in Stamford are Waterside ($2,543), West Side Stamford ($2,543) and Westover ($2,543).
What are the most popular neighborhoods in Stamford?
The most popular neighborhood in Stamford is Downtown Stamford, where there are 15 verified RENTCafé listings with an average rent of $2,446. Next up is South End Stamford, where apartments go for $2,543/month, followed by Glenbrook with $2,543 If you’re looking to rent in Stamford’s most popular neighborhoods, make sure to also check out Ridgeway, where renters pay $2,421 on average, and Shippan, where the average monthly rent is $2,543.
Stamford | Rent Comparison by Neighborhood
Rent in Belltown is 22% lower than in Cove - East Side
Belltown rent is 21% lower than Stamford average
| Average Rent | $1,987 |
|---|
Cove - East Side rent is 1% higher than Stamford average
| Average Rent | $2,543 |
|---|
How Stamford Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| New York City | $3,374 | -14% |
| Manhattan | $3,777 | -9% |
| Hudson Valley | $1,992 | 4% |
| Brooklyn | $2,785 | -5% |
| Jersey City | $2,739 | -8% |
| New Haven | $1,864 | 8% |
| Stamford | $2,513 | 5% |
| Meriden | $1,178 | 2% |
| Norwalk | $2,305 | -1% |
| Middletown | $1,330 | 7% |
| Bridgeport | $1,230 | 8% |