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11 Cheap Apartments for rent in Stamford, CT

Last updated September 23 at 7:22pm UTC
22 Glenbrook Road
Downtown Stamford
Stamford, CT
Updated September 21 at 2:48am UTC
1 Bedroom
$1,200
60 Strawberry Hill Avenue
Newfield - Westover - Turn of River
Stamford, CT
Updated September 11 at 6:46pm UTC
1 Bedroom
$1,450
72 Richmond Hill Avenue
Stamford
Stamford, CT
Updated September 8 at 10:22pm UTC
1 Bedroom
$1,500
143 Columbus Place
Springdale
Stamford, CT
Updated August 22 at 7:01pm UTC
1 Bedroom
$1,500
Results within 10 miles of Stamford, CT
7 Hayes Avenue
East Norwalk
Norwalk, CT
Updated September 23 at 12:52pm UTC
Studio
$1,250
406 Main Street
Ridgefield
Ridgefield, CT
Updated September 13 at 7:25pm UTC
1 Bedroom
$1,450
33 Ethan Allen Highway
Ridgefield
Ridgefield, CT
Updated September 6 at 10:40pm UTC
2 Bedrooms
$1,300
30 Camp Street
Tracy Area
Norwalk, CT
Updated September 4 at 11:06pm UTC
1 Bedroom
$1,450
7 West Main Street
Norwalk
Norwalk, CT
Updated August 16 at 3:11am UTC
2 Bedrooms
$1,500
192 High Ridge Avenue
Ridgefield
Ridgefield, CT
Updated September 20 at 11:52am UTC
1 Bedroom
$1,500

September 2018 Stamford Rent Report

Welcome to the September 2018 Stamford Rent Report. Stamford rents declined over the past month. In this report, we'll evaluate trends in the Stamford rental market, including comparisons to cities throughout the state and nation.

View full Stamford Rent Report
Rent Report
Stamford

September 2018 Stamford Rent Report

Welcome to the September 2018 Stamford Rent Report. Stamford rents declined over the past month. In this report, we'll evaluate trends in the Stamford rental market, including comparisons to cities throughout the state and nation.

Stamford rents declined moderately over the past month

Stamford rents have declined 0.3% over the past month, and are down slightly by 0.2% in comparison to the same time last year. Currently, median rents in Stamford stand at $1,510 for a one-bedroom apartment and $1,910 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in June. Stamford's year-over-year rent growth lags the state average of 1.2%, as well as the national average of 1.0%.

Rents rising across cities in Connecticut

While rent decreases have been occurring in the city of Stamford over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in Connecticut for which we have data. The state as a whole logged rent growth of 1.2% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Stamford is the most expensive of all Connecticut's major cities, with a median two-bedroom rent of $1,910; of the 10 largest cities in the state that we have data for, Meriden, where a two-bedroom goes for $1,240, is the only other major city besides Stamford to see rents fall year-over-year (-0.4%).
  • Manchester, Norwalk, and West Haven have all experienced year-over-year growth above the state average (8.4%, 3.5%, and 2.0%, respectively).

Many large cities nationwide show more affordable rents compared to Stamford

As rents have fallen slightly in Stamford, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Stamford is less affordable for renters.

  • Stamford's median two-bedroom rent of $1,910 is above the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 0.2% decline in Stamford.
  • While rents in Stamford fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+2.5%), Atlanta (+1.5%), and San Francisco (+1.1%).
  • Renters will generally find more expensive prices in Stamford than most large cities. For example, Detroit has a median 2BR rent of $890, where Stamford is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.