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City Report · CT

Granby

·7th most expensive in Connecticut·One of the pricier rental markets in the US
Median rent (all units)
$2,895/mo
Year-over-Year
Stable
Month-over-Month
+16.0%
vs US Median
+$933
Rising (Monthly)
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Most AffordableMost Expensive
Granby · $2,895
More expensive than 89% of US cities · National median $1,962/mo
Affordability
48% of income
STRETCHED
0%30% benchmark60%+

At $2,895/mo, rent takes about 48% of the US median household income, well above the 30% benchmark.

Income to afford
$116,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Granby's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,360
2 BR
$1,720
3 BR
$2,070
4 BR+
$2,460
Fair Market Rent (HUD)
$1,720/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,895 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: July 20, 2026

Annual cost
$34,740/yr
At $2,895/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, +16.0% MoM), not inventory.
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Community

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View Granby rent history (2015–2026) →
Salary vs rent

Can you afford rent in Granby on your salary?

At $2,895/mo, how Granby rent compares to typical pay (30% rule).

By apartment size

Granby rent by bedroom count

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

Local insights

Tips for renters in Granby

About renting in Granby, CT

Last updated: July 20, 2026

The median rent in Granby is $2,895/mo as of July 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,720/mo. One-bedroom apartments average $1,360/mo and 3-bedroom units go for $2,070/mo.

At 48% of estimated US median household income ($72,000/yr), Granby ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Granby an affordable city for renters?

Granby is considered stretched for renters. At $2,895/mo, rent takes approximately 48% of the US median household income ($72,000/yr). The standard benchmark is 30%. Granby significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Granby?

To keep rent at or below 30% of gross income, you would need to earn at least $116,000/year (~$56/hour full-time) to afford the median rent of $2,895/mo in Granby.

Is rent going up or down in Granby?

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

How does Granby rent compare to other cities in Connecticut?

Granby is one of the pricier cities in Connecticut for rent, ranking #7 out of 56 tracked cities at $2,895/mo.

Which nearby cities are cheaper to rent in than Granby?

Several nearby cities have lower median rents than Granby ($2,895/mo): Westfield ($1,882/mo), Windsor ($2,143/mo), West Hartford ($2,401/mo).

How does Granby rent compare to the national average?

Granby's median rent of $2,895/mo is $933 (48%) above the US national median of $1,962/mo. Within Connecticut, it ranks #7 out of 56 tracked cities.
Income Affordability
48%
STRETCHED

At $2,895/mo, rent takes ~48% of US median household income ($72,000/yr). The standard benchmark is 30%.

Granby 48%Benchmark 30%
State income tax3–6.99%
Run the Granby affordability calculator →
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Neighborhoods

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Public schools near Granby, CT

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