Bridgeport, CT cityscape
Markets / Connecticut / Bridgeport
RENTAL MARKET INTELLIGENCE

Bridgeport, CT

Bridgeport merits selective investigation by buyers who can underwrite modest income returns and property-level flood exposure; yield-focused or affordability-sensitive investors should avoid broad market entry.

Median price$700k
Median rent$2,870
Gross yield4.9%
Job growth▲ 0.4%
CBSA 1486026 public sourcesChecked nightly
SCORE / 10048RANK #299 / 571
Composite Market ScoreRank #299 of 571 scored US metros
The read

Why this market scores where it does

Written from the figures on this page and then checked against them: every number below had to appear in the source record or recompute from two that did, or the text was rewritten.

Bridgeport merits selective investigation by buyers who can underwrite modest income returns and property-level flood exposure; yield-focused or affordability-sensitive investors should avoid broad market entry.

The median home value is $700,497 versus $2,870 median monthly asking rent, producing a 4.92% gross yield. Rent rose 2.87% while prices rose 5.57%, so recent pricing moved faster than rental income. A 30.06% rent-to-income ratio further limits room for rent increases.

Supply conditions offer some support: inventory stands at 2.8 months and homes spend 32 days on market. But employment grew only 0.37%, net migration was negative 3,874 households, and inland-flood exposure adds asset-specific risk.

Frequently Asked Investor Questions

What income does the median price and asking rent imply?
The record reports a 4.92% gross yield on a $700,497 median home value and $2,870 median monthly asking rent.
Is there evidence of negotiating room?
Yes. Price drops occurred on 17.07% of listings, while median days on market was 32.
Where are incoming households coming from?
The largest published origin is Westchester County with 2,373 households, followed by New York County with 1,665.

Investor Quick Takeaways

Gross Yield: 4.9%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 2.87%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 10.1%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Bridgeport
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply2.8 mo.▲ from 2.7 mo. a year ago
Median days on market32 days▼ from 34 days a year ago
Listings with price drops17.1%▼ from 17.3% a year ago
Sale-to-list ratio103.7%2026-05-01
Home value growth▲ 5.6%Zillow ZHVI · trailing 12 months
Rent growth▲ 2.87%Zillow ZORI · trailing 12 months
Gross rental yield4.9%Rent × 12 ÷ price
Payroll job growth▲ 0.4%CES · 12m to 2026-06
Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs62Rent trend42Affordability19Supply73Climate safety35
Published arithmeticComponent × weight = points
48
SignalScoreWeightPoints
Job growth6230%18.60
Rent trend4225%10.50
Affordability1915%2.85
Supply pressure7315%10.95
Climate risk3515%5.25
Published score48
Bridgeport, CT scoreRank #299
48
Job growth62/100

Job: 0.37% employment growth -> labor-demand support is positive but limited.

Rent trend42/100

Rent: 2.87% rent growth and a 4.92% gross yield -> income is rising, but the entry yield is modest.

Affordability19/100

Affordability: a 6.11 price-to-income ratio and 30.06% rent-to-income ratio -> purchase costs are high while tenant budgets may constrain rent increases.

Supply pressure73/100

Supply: 2.8 months of inventory and 2.02 permits per 1,000 -> resale availability and new construction are limited.

Climate risk35/100

Climate: a 0.169% annual building-value loss ratio, with inland flood the dominant hazard -> property-level water-risk review is necessary.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$700k
YoY ▲ 5.6%
ZORI Median Rent
$2,870
YoY ▲ 2.87%
Gross Rental Yield
4.9%
Rent × 12 ÷ price
$2,870 × 12 ÷ $700,497
Job Growth (YoY)
▲ 0.4%
CES payrolls
Job signal 62/100
Median Household Income
$115k
Census ACS 5-year
Rent Burden
30.1%
Annual rent ÷ household income
Price-to-Income
6.1x
Median value ÷ household income
HUD 2BR Fair Market Rent
$2,511
Market rent 114.3% of FMR
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
2,26620191,80620201,21520211,78520221,46320231,83720243,39020251,77420265+ unit buildingssingle family
1,774 units authorised in 2026, 70% of them in 5+ unit buildings. A meaningful share is apartments, which discount first when they lease up. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
−3,874
19,263 in vs 23,137 out (IRS SOI)
▼ 20.1% of arriving households
Mover Income Gap
+$28,822
Arriving $161,144 vs leaving $132,322
Average AGI per tax return (IRS SOI)
Investor Purchase Share
10.1%
801 of 7,923 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
inland flooding
0.169% building value annual loss ratio
FEMA NRI · risk type: water
Households arrive mainly from: Westchester County · New York County · Naugatuck Valley Planning Region · South Central Connecticut Plannin · Bronx County
19,263 in − 23,137 out = -3,874 net
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. Home values rose 5.57% while asking rents rose 2.87%, weakening the income case for buyers entering at current prices.
  2. More households moved out than moved in, leaving net migration at negative 3,874.
  3. Inland flood is the dominant hazard, and the annual climate loss ratio is 0.169% of building value.
Statistical peers

Metros that behave like Bridgeport

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

MetroScorePriceRentYieldJob Growth
Bridgeport, CT (Target)48$700k$2,8704.9%▲ 0.4%
Urban Honolulu, HI40$858k$3,0384.3%▲ 0.1%
Santa Rosa, CA43$799k$2,6664.0%▲ 0.5%
Oxnard, CA26$884k$2,9574.0%▼ 0.3%
Vallejo, CA39$580k$2,4385.0%▲ 0.5%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household incomedirectACS 2024 5-year2026-07-26
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS QCEW — county employment and wagesdirectannual county employment and wages 2025 vs 20242026-07-31
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI 20252026-07-28
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-232026-07-27
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-07-27
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-07-26