RentData

Average Rent in Bridgeport, CT

HUD FY2025 · Official government data · Updated annually · Metro pop. 947,528

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Bridgeport, CT has rental prices ranging from $1,349/month to $2,838/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,572/month — 12% above the national average of $1,400/month. With a median household income of $111,656/year, spending $1,572/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Bridgeport Compares

With an average 2-bedroom rent of $1,967/month, Bridgeport ranks #3 most expensive of the 13 cities tracked in Connecticut — pricier than 98% of all US cities in our data.

The Bridgeport Rental Market

The Bridgeport, CT area has a population of about 947,528 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Bridgeport, CT have fallen by $0/month (0.0%) over the past year, from $1,967 to $1,967. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Bridgeport, CT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $62,880. The local median household income of $111,656 exceeds that threshold by $48,776, making Bridgeport relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Bridgeport, CT is $362,530, giving a price-to-rent ratio of 15.4. The break-even point between renting and buying is roughly 15 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Bridgeport's neighborhoods. Among the highest-value areas are South End ($173,910 median home value), Hollow ($224,630 median home value), Mill Hill ($280,212 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$1,349
Affordable
1 Bedroom
$1,572
Affordable
2 Bedrooms
$1,967
0.0% YoY
Affordable
3 Bedrooms
$2,439
Affordable
4 Bedrooms
$2,838
Average
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Median Home Value
$362,530
Source: Zillow ZHVI
Est. monthly payment
$1,930/mo
20% down · 30yr · 7%

Is Bridgeport, CT Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$78,680/year
Local median income: $111,656
To buy a median home
$77,181/year
US national median: $75,000
💡 Based on a 2BR rent of $1,967/month and 20% down on a $362,530 home at 7% rate.

Nearby Cities in CTlargest metros in the state

CityStudio1BR2BR3BRHome Value
Hartford$1,133$1,306$1,653$1,992
Southern Middlesex County$1,286$1,294$1,680$2,192
Danbury$1,534$1,880$2,237$2,842
Stamford$1,790$2,172$2,610$3,176
Waterbury$991$1,191$1,445$1,891
New Haven$1,421$1,529$1,867$2,319

Rent or Buy in Bridgeport?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Bridgeport data

$
Home Value
$362,530
2BR Rent
$1,967/mo
Mortgage Rate
7%
Monthly P&I
$1,930/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,670/movs rent: $1,967/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $362,530 home at 7% rate

20% — $72,506
3%50%
Estimated Monthly Payment
$1,930
per month · 30 years · 7% APR
Loan Amount
$290,024
Total Paid
$694,633
Total Interest
$404,609
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Bridgeport

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Frequently Asked Questions

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🏘️Neighborhoods in Bridgeport

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Bridgeport

Is it cheaper to rent or buy here?

💵Rent Affordability in Bridgeport

Salary needed to afford rent here

🗺️All Cities in CT

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⚖️Compare Bridgeport

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📋CT Tenant Rights

Deposit limits, eviction laws & renters protections