Hartford

Connecticut · Ranked #45 of 102 metros

50Moderate

Median Home Price

🏠

$310K

Need $89K income

Median Rent

🔑

$1K

Need $52K income

Housing Shortage

📉

18,000

units needed

Building Permits

🔨

3,500

annual

Median Income

💰

$76K

Pop: 1,213,531

Rent Burden

⚠️

32.0%

of renters paying >30%

Price Change (YoY)

📈

+6%

Homeownership

🏡

64.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricHartfordNational
Price-to-Income Ratio4.1x6.1x
Rent Burden32.0%31.5%
Homeownership Rate64.0%65.5%
YoY Price Change+6%+3.5%
YoY Rent Change+4.5%+2.8%
Mortgage Denial Rate13.0%13.5%
Eviction Rate4.0%3.6%