Rents are 18% above what Greenwich's 10-year trend predicts — running hotter than its own history.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $6,173 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 →
12-month history
Last updated: August 17, 2026
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Who lives here
Greenwich, CT is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 70.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Greenwich, CT has changed in 5 years
Rent in Greenwich, CT has climbed 69.7% since 2021, going from about $3,638 per month to roughly $6,173 today. Household income in the area moved from $127,123 to $134,914 across the same window, up 6.1% versus 2021. Rent outpaced income growth by roughly 63.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 13,978 to 14,792 between 2021 and 2024, a 5.8% change. About 45.9% of households rent today, against 48.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 66.7% to 70.3%. Reading these numbers side by side helps frame whether current listings in Greenwich, CT look reasonable against where the market sat half a decade ago.
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Can you afford rent in Greenwich on your salary?
At $6,173/mo, how Greenwich rent compares to typical pay (30% rule).
Greenwich rent by bedroom count
Median rent for each apartment size in Greenwich. Click any size for full breakdown.
Tips for renters in Greenwich
Last updated: August 17, 2026
The median rent in Greenwich is $6,173/mo as of August 2026. A studio apartment averages $1,973/mo while a 2-bedroom runs $2,880/mo. One-bedroom apartments average $2,397/mo and 3-bedroom units go for $3,503/mo.
At 55% of local median household income ($134,914/yr), Greenwich ranks as expensive compared to the national benchmark of 30%. Rents have increased 32.8% over the past year.
Frequently asked questions
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What percentage of Greenwich residents rent vs. own?
How does Greenwich rent compare to the national average?
At $6,173/mo, rent takes ~55% of Greenwich's median household income ($134,914/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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