housing costs · Connecticut
Housing costs in Lower Connecticut River Valley Planning Region
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,454 | ± $44 | evidence → |
| 2019–2023 | $1,399 | ± $26 | evidence → |
| 2018–2022 | $1,345 | ± $37 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $379,700 | ± $6,838 | evidence → |
| 2019–2023 | $359,000 | ± $5,040 | evidence → |
| 2018–2022 | $341,300 | ± $5,393 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.8 % | ± 1.5 % | evidence → |
| 2019–2023 | 30.5 % | ± 1.7 % | evidence → |
| 2018–2022 | 29.8 % | ± 1.5 % | evidence → |
In context
Median rent in Lower Connecticut River Valley Planning Region is $1,454, above the Connecticut median of $1,411 across 9 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.
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