What is the median rent in New Canaan, CT?
The median gross rent in New Canaan, CT is $3,401 (±$360) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,071 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In New Canaan, the median gross rent went from $2,228 in 2015–2019 to $3,401 in 2020–2024 (+52.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $3,401 (±$360)
- Rented homes
- 1,071 (±203)
- $2,000 or more
- 71.9%
- Since 2015–2019
- +52.6%
How much rent costs in New Canaan
| Monthly gross rent | New Canaan | Western Connecticut Planning Region | Connecticut | United States |
|---|---|---|---|---|
| Less than $500 | 0.8% (±1.4 points) | 6.2% | 7.8% | 6.3% |
| $500 to $999 | 1.3% (±1.4 points) | 6.1% | 12.5% | 20.2% |
| $1,000 to $1,499 | 15.6% (±8.8 points) | 12.6% | 30.4% | 28.1% |
| $1,500 to $1,999 | 10.4% (±7.0 points) | 20.6% | 25.9% | 21.1% |
| $2,000 to $2,499 | 2.1% (±2.1 points) | 20.4% | 12.0% | 12.0% |
| $2,500 to $2,999 | 6.8% (±4.5 points) | 14.0% | 5.2% | 5.5% |
| $3,000 or more | 63.0% (±10.0 points) | 20.1% | 6.1% | 6.8% |
The most common range is $3,000 or more, paid by 63.0% of renting households.
71.9% of rented homes in New Canaan cost $2,000 or more a month.
New Canaan against Western Connecticut Planning Region, its state and the nation
| New Canaan | Western Connecticut Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Median gross rent | $3,401 (±$360) | $2,110 (±$34) | $1,488 (±$10) | $1,413 |
| Rented homes paying rent | 1,071 (±203) | 76,228 (±1,754) | 462,698 (±4,638) | 42,849,984 |
In New Canaan, median gross rent is higher than in Western Connecticut Planning Region ($2,110).
It is also higher than in Connecticut ($1,488).
It is higher than the national figure ($1,413).
In Western Connecticut Planning Region, New Canaan ranks 3 of 18 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 4 of 163.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in New Canaan has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $2,228 (±$174) | $3,401 (±$360) | +52.6% | Up after inflation |
| Households that rent | 21.2% (±3.1 points) | 16.3% (±3.1 points) | −4.9 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±2.3 points) | 7.9% (±7.7 points) | +7.9 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near New Canaan
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| New Canaan | — | $3,401 (±$360) | — |
| Wilton Center | 4.4 mi | $1,362 (±$281) | Lower |
| South Wilton | 4.4 mi | $3,313 (±$3,085) | Not measurably different |
| Wilton | 4.7 mi | $1,819 (±$438) | Lower |
| Town of Pound Ridge | 5.6 mi | $3,500 or more | — |
| Noroton Heights | 6.0 mi | $2,018 (±$494) | Lower |
| Darien Downtown | 6.0 mi | $2,728 (±$1,238) | Not measurably different |
| Stamford | 6.1 mi | $2,276 (±$58) | Lower |
| Norwalk | 6.3 mi | $2,073 (±$87) | Lower |
Nearby places with a measurably lower figure: Wilton Center, CT ($1,362), Wilton, CT ($1,819), Noroton Heights, CT ($2,018).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Western Connecticut Planning Region, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 (tie) | Darien | $3,500 or more |
| 1 (tie) | Weston | $3,500 or more |
| 3 | New Canaan | $3,401 (±$360) |
| 4 | Greenwich | $2,674 (±$284) |
| 5 | Westport | $2,509 (±$709) |
| 6 (tie) | Sherman | $2,276 (±$204) |
| 6 (tie) | Stamford | $2,276 (±$58) |
| 8 | Redding | $2,101 (±$304) |
| 9 | Norwalk | $2,073 (±$87) |
Showing 9 of 18 places in Western Connecticut Planning Region, ranked from highest to lowest.
The figures for New Canaan include the places inside it that have pages of their own: New Canaan (community).
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Canaan
What is the average rent in New Canaan, CT?
The Census Bureau publishes the median rather than the average: the median gross rent in New Canaan is $3,401 (±$360) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in New Canaan?
In New Canaan, the median gross rent went from $2,228 in 2015–2019 to $3,401 in 2020–2024 (+52.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in New Canaan cost more than $2,000 a month?
71.9% of rented homes in New Canaan have a gross rent of $2,000 or more a month, and 0.8% cost less than $500.
Is rent in New Canaan higher than in Western Connecticut Planning Region?
In New Canaan, median gross rent is higher than in Western Connecticut Planning Region ($2,110).
It is also higher than in Connecticut ($1,488).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Canaan town, Western Connecticut Planning Region, Connecticut
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Canaan town, Western Connecticut Planning Region, Connecticut (county subdivision:50580, in state:09 county:190).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Housing across Western Connecticut Planning Region
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- Housing data for every place in Connecticut