Bristol, Connecticut Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Bristol, Connecticut rental market.

Highlights

An apartment for rent in Bristol, Connecticut typically goes for $1,545 per month, while a single-family home for rent in Bristol, Connecticut has a monthly cost of around $2,053. Renter-occupied units make up 35% of the local housing market, while the rental vacancy rate in Bristol, Connecticut is at 1.9.

Bristol, Connecticut

Average Apartment Rent

$1,545

Y-o-Y Change in Average
Apartment Rent

2.8%

Average Single-Family Rent

$2,053

As of November 2024

Compared to a year ago, Bristol, Connecticut apartments have recorded a 2.8% rent increase.

Bristol, Connecticut Average apartment rent trend

Median Rent Jul 2021 Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024
Bristol $1,315 $1,394 $1,508 $1,525 $1,497 $1,508 $1,502 $1,503 $1,529 $1,559
National $1,491 $1,586 $1,625 $1,697 $1,715 $1,704 $1,729 $1,720 $1,714 $1,739
Bristol
National
Jul 2021
$1,315
$1,491
Nov 2021
$1,394
$1,586
Mar 2022
$1,508
$1,625
Jul 2022
$1,525
$1,697
Nov 2022
$1,497
$1,715
Mar 2023
$1,508
$1,704
Jul 2023
$1,502
$1,729
Nov 2023
$1,503
$1,720
Mar 2024
$1,529
$1,714
Jul 2024
$1,559
$1,739

Bristol, Connecticut Average Apartment Rent

Bristol, Connecticut Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 57%, apartments priced $1,000 - $1,500 represent the bulk of Bristol, Connecticut rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 43%.

Bristol, Connecticut Housing tenure**

Renter occupied housing units 8,417
Owner occupied housing units 15,659

Renters take up 35% of Bristol, Connecticut real estate, occupying a total of 8,417 units, while homeowners live in 15,659 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$44,861

Average household size of renter-occupied housing units**

2.29

Rental vacancy rate**

1.9%

Bristol, Connecticut Renter-occupied housing units by no. of bedrooms**

No bedrooms 277
1 bed 2,357
2 beds 3,999
3 beds 1,491
4 beds 169
5 or more beds 124

There are 3,999 rentals in Bristol, Connecticut with 2 beds making up the highest share of the market, at 48%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 124 units. Overall, the median number of rooms in Bristol, Connecticut homes for rent is 4.1.

Bristol, Connecticut Renter-occupied units by age of householder**

15 - 24 years 525
25 - 34 years 2,192
35 - 44 years 1,399
45 - 54 years 1,284
55 - 59 years 583
60 - 64 years 696
65 - 74 years 805
75 - 84 years 660
85 years and over 273

Most condos for rent in Bristol, Connecticut are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Bristol, Connecticut Renter-occupied housing units by family type**

Family households 4,126
Non-Family Households 4,291

Bristol, Connecticut Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,482
No related children of the householder under 18 5,935

A total of 4,126 apartments for rent in Bristol, Connecticut, or 49% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 2,482 units. All in all, the median size of a renter-occupied household in Bristol, Connecticut is 2.29.

Bristol, Connecticut Renter-occupied housing units by educational attainment**

Less than high school graduate 979
High school graduate (including equivalency) 3,004
Some college or associate's degree 2,707
Bachelor's degree or higher 1,727

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Bristol, Connecticut.

Bristol, Connecticut Renter-occupied units by year structure built**

Built 2010 - 2019 180
Built 2000 - 2009 304
Built 1990 - 1999 644
Built 1980 - 1989 1,398
Built 1970 - 1979 1,703
Built 1960 - 1969 955
Built 1950 - 1959 886
Built 1940 - 1949 551
Built 1939 or earlier 1,787

The highest share of Bristol, Connecticut apartment rentals, namely 21% or 1,787 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (20%, 1,703 units), and the ones Built 1980 - 1989 (17%, 1,398 units).

Bristol, Connecticut Renter-occupied units by year householder moved in**

Moved in 2021 or later 462
Moved in 2018 to 2020 2,678
Moved in 2010 to 2017 3,966
Moved in 2000 to 2009 954
Moved in 1990 to 1999 255
Moved in 1989 or earlier 102

Median year renter moved into unit 2016

Most Bristol, Connecticut renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Bristol, Connecticut condos for rent is 2016.

Bristol, Connecticut Renter-occupied housing units by vehicles available**

No vehicle available 1,560
1 vehicle available 4,496
2 vehicles available 1,967
3 or more vehicles available 394

When it comes to transportation options, 53% of Bristol, Connecticut renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 19% have No vehicle available.

Bristol, Connecticut Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 5,477
Car, truck, or van - carpooled 1,311
Public transportation (excluding taxicab) 267
Walked 289
Taxicab, motorcycle, bicycle, or other means 60
Worked at home 964

Bristol, Connecticut Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 15,962
Moved within same county 1,410
Moved from different county within same state 1,048
Moved from different state 617

Bristol, Connecticut Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Bristol, Connecticut apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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