Hartford, CT
Hartford County · Pop. 121,054
Ranked #139 of 243 cities
38Crisis
Median Home Price
🏠$180K
4.0% YoY
Median Rent
🔑$1,200
3.5% YoY
Median Income
💰$35K
Rent Burden
📊38.5%
% of income to rent
Income to Buy
🏦$52K
annual income needed
Income to Rent
📝$48K
annual income needed
Price-to-Income
⚖️5.1x
Homeownership
🏡26.0%
Rent vs. Buy
Buy
$958/mo
Est. mortgage (7%, 20% down)
Need $52K/yr income
Rent
$1,200/mo
Median rent
Need $48K/yr income
How Hartford Compares
| Metric | Hartford | Connecticut | National |
|---|---|---|---|
| Home Price | $180K | $368K | $410K |
| Rent | $1,200 | $1,463 | $1,500 |
| Income | $35K | $92K | $75K |
| Rent Burden | 38.5% | 33.0% | 30.0% |
Key Takeaways
- • Home prices in Hartford are 56% lower than the national average.
- • Rent is 20% lower than the national average.
- • You need an income of $52K to comfortably buy a home here.
- • The homeownership rate is 26.0%, compared to 65.0% nationally.