State · CT

Connecticut

Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS

Strategy

Median home value

$388k

+5.8%

Zillow ZHVI

Median rent

$1,850/mo

+5.1%

Zillow ZORI

Gross yield

5.72%

Rent × 12 / value

Rent/price ratio

0.000%

1% rule benchmark

Median household income

$90,213

Census ACS

Owner-occupied

66.4%

Census ACS

Renter-occupied

33.6%

Census ACS

Population

Census ACS

What this means for LTR investors

Gross yield of 5.72% is below the 7% LTR sweet spot; you'd lean on appreciation here.

Rent grew 5.1% YoY while values moved 5.8%. That gap drives whether yield compresses or expands over time.

Renter share is 34% - a deep renter pool means lower vacancy risk in Connecticut.

Median income of $90,213 sets the affordability ceiling on rent growth.