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City Report · CT

Cromwell

·21st most expensive in Connecticut·Rental market data updated monthly for Cromwell, CT
Median rent (all units)
$2,401/mo
Year-over-Year
Stable
Month-over-Month
+12.2%
vs US Median
+$439
Rising (Monthly)
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Most AffordableMost Expensive
Cromwell · $2,401
More expensive than 76% of US cities · National median $1,962/mo
Affordability
40% of income
MODERATE
0%30% benchmark60%+

At $2,401/mo, rent takes about 40% of the US median household income, slightly above the 30% benchmark.

Income to afford
$96,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Cromwell's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,380
2 BR
$1,750
3 BR
$2,110
4 BR+
$2,500
Fair Market Rent (HUD)
$1,750/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,401 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$28,812/yr
At $2,401/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +12.2% MoM), not inventory.
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View Cromwell rent history (2015–2026) →
Salary vs rent

Can you afford rent in Cromwell on your salary?

At $2,401/mo, how Cromwell rent compares to typical pay (30% rule).

By apartment size

Cromwell rent by bedroom count

Median rent for each apartment size in Cromwell. Click any size for full breakdown.

Local insights

Tips for renters in Cromwell

About renting in Cromwell, CT

Last updated: August 17, 2026

The median rent in Cromwell is $2,401/mo as of August 2026. A studio apartment averages $1,200/mo while a 2-bedroom runs $1,750/mo. One-bedroom apartments average $1,380/mo and 3-bedroom units go for $2,110/mo.

At 40% of estimated US median household income ($72,000/yr), Cromwell ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Cromwell an affordable city for renters?

Cromwell is considered moderate for renters. At $2,401/mo, rent takes approximately 40% of the US median household income ($72,000/yr). The standard benchmark is 30%. Cromwell slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Cromwell?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,401/mo in Cromwell.

Is rent going up or down in Cromwell?

Rent in Cromwell has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Cromwell rent compare to other cities in Connecticut?

Cromwell is middle-of-the-pack for Connecticut for rent, ranking #21 out of 54 tracked cities at $2,401/mo.

Which nearby cities are cheaper to rent in than Cromwell?

Several nearby cities have lower median rents than Cromwell ($2,401/mo): New Britain ($1,618/mo), Hartford ($1,632/mo), Rocky Hill ($1,919/mo).

How does Cromwell rent compare to the national average?

Cromwell's median rent of $2,401/mo is $439 (22%) above the US national median of $1,962/mo. Within Connecticut, it ranks #21 out of 54 tracked cities.
Income Affordability
40%
MODERATE

At $2,401/mo, rent takes ~40% of US median household income ($72,000/yr). The standard benchmark is 30%.

Cromwell 40%Benchmark 30%
State income tax3–6.99%
Run the Cromwell affordability calculator →
Lowest-rent ZIP codes in Cromwell
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Neighborhoods

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Public schools near Cromwell, CT

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