Faro Labs / Markets / Bridgeport, CT

Bridgeport real estate investment market

What a typical rental in Bridgeport, Connecticut costs, rents for, and returns: underwritten by Faro's own engine, not a scraped summary.

31Investor scoreAppreciation market
Median home price$362,530152,273 residents
Median rent$2,108/mo0.58% rent-to-price
Price-to-rent ratio14.3years of gross rent
Cap rate4.0%$14,327 NOI
Cash-on-cash−9.9%on $83,382 invested
Monthly cash flow-$687/moDSCR 0.63
Home value, 1 yr7.1%median of 6 ZIPs
Rent growth, 1 yr4.1%median of 5 ZIPs

Returns assume 20% down at 6.75% over 30 years, 7% vacancy, and standard operating costs: Faro's default assumptions, the same ones every report starts from. Home value and rent trends as of 2026-05-31.

What this market is for

Appreciation market

A typical Bridgeport rental runs $687 short each month at market rent, so the case for buying rests on values rising: they moved 7.1% over the last year. That is a bet on the market rather than on the building, and it needs reserves deep enough to fund the shortfall.

The price a deal actually works at

Faro models five price points for Bridgeport, from a weak buy to a strong one. The market-rate deal is $362,530; a good buy is $326,277 and a great one $290,024 roughly 20% below market value. Those are the bars a specific listing gets measured against when you run it.

In context

How Bridgeport compares

Of the 210 markets Faro publishes, Bridgeport is the 112th most expensive to buy into: 9% below the median covered market, and the 53rd strongest on rent-to-price. Within Connecticut it's the 2nd priciest of 4 markets we cover. On the last year of home-value change it ranks 3rd.

To break even at the default financing, a typical Bridgeport property would need about $2,956 a month in rent: $848 more than the $2,108 the market currently supports.

Price ladder

What each tier costs in Bridgeport

Faro models five price points per market. A listing gets measured against these bars, not against a national average.

TierPurchase priceMarket rentvs. market rate
Weak buy$398,783$2,003/mo+10%
Fair buy$380,656$2,066/mo+5%
Market rate$362,530$2,108/mo
Good buy$326,277$2,213/mo-10%
Great buy$290,024$2,319/mo-20%
Example

A typical Bridgeport deal, underwritten

The market-rate property above, run through the same engine every Faro report uses.

Purchase price$362,530
Monthly rent$2,108
Cash required (20% down + 3% closing)$83,382
Net operating income$14,327/yr
Monthly cash flow-$687
Cap rate4.0%
Cash-on-cash return−9.9%
DSCR0.63
What stands out

What it would take to break even

A typical Bridgeport property would need about $2,956 a month to cover itself at the default financing: 40% above the $2,108 the market currently supports. That gap is the honest size of the problem: it isn't closed by trimming an expense line, it's closed by buying meaningfully below market, putting more down, or finding a property that rents well above its market's median.

Negotiation matters more than usual here

The gap between a market-rate Bridgeport buy at $362,530 and a strong one at $290,024 is 20%: a wide band. In markets with a spread that size, what you pay relative to comps drives the return more than the market's own direction does. Two buyers in the same city, the same month, can end up with completely different deals.

Where it sits in Connecticut

Faro covers 4 Connecticut markets, and Bridgeport is the 2th priciest of them at $362,530. Within a single state the tax and insurance environment is broadly shared, so the differences between these markets come down to price, rent, and pace, which makes them the most useful comparison set on this page. The nearby markets listed below are the rest of that set.

Questions

Bridgeport investor questions

Is Bridgeport a good place to buy rental property?

A typical Bridgeport rental at $362,530 renting for $2,108 a month returns 4.0% on a cap-rate basis and runs short by $687 a month at 20% down. Individual deals vary far more than markets do, which is the whole reason to underwrite a specific address.

Can you cash-flow a rental in Bridgeport?

Not at the market's own price and rent. A typical property runs $687 short each month. It would need about $2,956 in rent to break even. Deals that work here are bought below market rather than at it, which is what the price ladder above is for.

Are Bridgeport home prices still rising?

Values rose 7.1% over the last year across 6 covered ZIP codes. Faro underwrites deals on cash flow and treats appreciation as upside rather than a plan, so a rising market improves a deal that already works: it doesn't rescue one that doesn't.

Are rents going up in Bridgeport?

Rents moved up 4.1% over the last year, measured across 5 ZIP codes. The typical market-rate rental sits at $2,108 a month.

Nearby

Other Connecticut markets

Related

Run the numbers yourself

A market average is not a deal.

Paste a real Bridgeport listing and Faro underwrites that specific property from its own comps, with a target price you can actually offer.