Hartford County Connecticut Residential Rent and Rental Statistics
The median monthly gross residential rent in Hartford County CT was $1,104 in 2019 according to the Census ACS survey.1 Average gross rent in Hartford County was $1,073 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Hartford County median and average rent data will be released in September of 2021.
Data is also available below for Hartford County rental vacancy rates, Hartford County rent as a percent of median income and the fraction of renters in Hartford County.
Real Gross Rent in Hartford County Connecticut (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Connecticut Median Gross Rent | $1,177 | -1.26% | +0.77% |
| Hartford County CT Median Gross Rent | $1,104 | -0.99% | +1.47% |
Hartford County CT Real Gross Rent Trends
Median gross rent for Hartford County peaked in real terms in 2018 at $1,115 and is now $11 (0.99%) lower. Average gross rent for Hartford County peaked in real terms in 2018 at $1,087 and is now $14 (1.29%) lower.
Real Gross Rent: Hartford County CT Median, Hartford County CT Average, Connecticut Median, US Median
Real Gross Rent History for Hartford County
| Date | US Median |
Connecticut Median |
Hartford County CT Median |
Hartford County CT Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,177 | $1,104 | $1,073 |
| 2018 | $1,077 | $1,192 | $1,115 | $1,087 |
| 2017 | $1,043 | $1,160 | $1,082 | $1,058 |
| 2016 | $1,027 | $1,168 | $1,088 | $1,038 |
| 2015 | $1,017 | $1,175 | $1,089 | $1,066 |
| 2014 | $986 | $1,136 | $1,034 | $1,008 |
| 2013 | $953 | $1,095 | $1,027 | $992 |
| 2012 | $940 | $1,084 | $994 | $994 |
| 2011 | $941 | $1,103 | $1,021 | $1,009 |
| 2010 | $955 | $1,108 | $1,017 | $998 |
| 2009 | $960 | $1,147 | $1,042 | $1,026 |
| 2007 | $927 | $1,094 | $1,021 | $996 |
| 2005 | $910 | $1,049 | $963 | $928 |
Hartford County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Hartford County Connecticut was 6.28% according to Census ACS data.
Rental Vacancy Rate in Hartford County Connecticut
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Connecticut | 6.37% | +0.58% | +0.81% |
| Hartford County CT | 6.28% | -0.07% | +1.43% |
Trends in Hartford County CT Rental Vacancy Rate
The rental vacancy rate in Hartford County peaked in 2007 at 8.32%. Since then it has fallen by 2.04% to 6.28%. Data records for this series originated in 2005. From a 2016 post peak low of 4.85%, the rental vacancy rate has increased by 1.43%.
Rental Vacancy Rate: Hartford County CT, Connecticut, US
Historical Rental Vacancy Rate data for Hartford County
| Date | US | Connecticut | Hartford County CT |
|---|---|---|---|
| 2019 | 5.97% | 6.37% | 6.28% |
| 2018 | 6.15% | 5.79% | 6.35% |
| 2017 | 6.18% | 7.02% | 6.67% |
| 2016 | 5.89% | 5.56% | 4.85% |
| 2015 | 5.85% | 6.78% | 7.23% |
| 2014 | 6.32% | 6.72% | 7.25% |
| 2013 | 6.49% | 6.58% | 6.85% |
| 2012 | 6.77% | 6.97% | 7.72% |
| 2011 | 7.40% | 7.87% | 7.61% |
| 2010 | 8.17% | 7.09% | 6.64% |
| 2009 | 8.43% | 7.84% | 7.96% |
| 2007 | 7.87% | 7.33% | 8.32% |
| 2005 | 7.74% | 6.58% | 6.31% |
Rent as a Fraction of Income
Using median household income data for Hartford County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Hartford County, median monthly gross rent as a fraction of median household income was 17.57% in 2019 according to the ACS.
Hartford County Connecticut Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Connecticut | 17.92% | -0.49% | -0.30% |
| Hartford County CT | 17.57% | -0.39% | -0.38% |
Trends in Hartford County CT Rent as a Fraction of Income
The fraction of median Hartford County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.60%. Since then it has fallen by 1.03% to 17.57%.
Fraction of Income towards Rent: Hartford County CT, Connecticut, US
Historical Data for Annual Rent as a Fraction of Income in Hartford County Connecticut
| Date | US | Connecticut | Hartford County CT |
|---|---|---|---|
| 2019 | 20.03% | 17.92% | 17.57% |
| 2018 | 20.50% | 18.41% | 17.96% |
| 2017 | 20.13% | 18.20% | 17.87% |
| 2016 | 20.43% | 18.22% | 17.96% |
| 2015 | 20.63% | 18.64% | 17.70% |
| 2014 | 20.89% | 18.43% | 17.83% |
| 2013 | 20.78% | 18.60% | 18.40% |
| 2012 | 20.65% | 18.18% | 17.64% |
| 2011 | 20.70% | 18.63% | 18.60% |
| 2010 | 20.50% | 18.59% | 18.19% |
| 2009 | 20.12% | 18.01% | 17.68% |
| 2007 | 18.66% | 16.94% | 17.07% |
| 2005 | 18.89% | 16.52% | 15.95% |
Renter Fraction in Hartford County Connecticut
You can calculate the renter fraction in Hartford County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Hartford County as a fraction of total Hartford County households. In 2019 36.75% of households were renters according to Census ACS data.
Hartford County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Connecticut | 34.97% | +0.77% | -0.26% |
| Hartford County CT | 36.75% | +1.79% | -0.95% |
Trends in the Hartford County CT Renter Fraction
The Hartford County household renter fraction peaked in in 2016 at 37.70% and is now 0.95% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Hartford County CT, Connecticut, US
History of Hartford County Renter Fraction
| Date | US | Connecticut | Hartford County CT |
|---|---|---|---|
| 2019 | 35.89% | 34.97% | 36.75% |
| 2018 | 36.05% | 34.20% | 34.96% |
| 2017 | 36.13% | 33.80% | 34.96% |
| 2016 | 36.88% | 35.23% | 37.70% |
| 2015 | 36.97% | 33.84% | 36.13% |
| 2014 | 36.90% | 33.62% | 35.76% |
| 2013 | 36.50% | 33.69% | 35.45% |
| 2012 | 36.09% | 33.09% | 36.15% |
| 2011 | 35.42% | 32.60% | 34.95% |
| 2010 | 34.65% | 32.03% | 34.23% |
| 2009 | 34.13% | 31.15% | 33.02% |
| 2007 | 32.80% | 29.97% | 33.34% |
| 2005 | 33.10% | 30.51% | 32.98% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
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