Manchester, CT has a population of 30,364, including 62% white, 18% latino, and 16% black.
Population | 30,021 |
Median Age | 35 |
Poverty Rate | 13% |
Household Income | $56,339 |
Number Of Employees | 15,530 |
Median Property Value | $166,000 |
The median household income in Manchester, CT is around $55,875, while the median age is 34.1. This city is a home to major universities: n/a, n/a, and n/a. 15,611 employees work in Manchester, CT. The homeownership rate among the residents is 55.27%. The median property value that you should keep in mind is $167,700.
Rent Price |
Apr | vs Last Month |
---|---|---|
Studio apartments | $1,535 | +7.3% |
1-bed apartments | $1,651 | -5% |
2-bed apartments | $1,944 | +13.7% |
3-bed apartments | $2,465 | +11.3% |
4+ bed apartments | $7,490 | N/A |
Over the April 2023, the average rent for an apartment in/near Manchester, CT increased by 25.5% to $2,264.
Compared to the last month, the average price for a rental studio in Manchester, CT has increased by 7.3%. You can expect to rent the studio for $1,535 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 5% to $1,651. Pricing for 2-bed apartment also increased by 13.7% and a place of this size will now cost you $1,944. 3-bed apartment rent pricing starts at $2,465, it increased by 11.3% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $7,490 for a big-family home.
Rent Type Price |
Apr | vs Last Month |
---|---|---|
Apartments for rent | $2,039 | +12.6% |
Houses for rent | $3,184 | +78.7% |
Rooms for rent | $700 | N/A |
The median rent for an apartment in Manchester, CT increased by 12.6% to $2,039. Statistics show that house rent price increased by 78.7% this month making it up to $3,184. Condo for rent is now available for the same pricing as previously — $1,550. If you’re looking for a room, the price tag still starts at $700. The median price did not change this time.