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.

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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