Rents are right about where Greenwich's 10-year trend predicts.
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 $5,928 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: October 17, 2026
What the numbers show
November. Asking rents in Greenwich usually run 1.5% below trend in November and 1.9% above it in June, about $202 a month apart at today's median. Based on 11 years of data.
Rent in Greenwich is at its highest level since Zillow's records here began in January 2015.
Rent in Greenwich changed +6.0% over the year to September 2026. Across the 41 Connecticut cities Zillow tracks, the typical change was +3.7%.
From 2019 to 2024, rent in Greenwich rose 45.7% while median household income rose 23.2% ($109,500 to $134,914). Rent outpaced income.
Rent in Greenwich is 60.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 11 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($134,914) is $3,373 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,880); a 3-bedroom is $3,503.
Port Chester, NY, 4 miles away, rents for 47% less ($3,130/mo), about $33,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Greenwich. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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 40.9% since 2021, going from about $4,207 per month to roughly $5,928 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 34.8 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 $5,928/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: October 17, 2026
The median rent in Greenwich is $5,928/mo as of October 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 53% of local median household income ($134,914/yr), Greenwich ranks as expensive compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.
Frequently asked questions
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At $5,928/mo, rent takes ~53% 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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