Real Estate Investing in Westport, Connecticut (06880)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06880 (Westport, CT)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 31.0 — hard to cash-flow at these prices.
What’s happening in Westport, CT (06880)?
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Market Analysis: 06880 Westport
This part of Fairfield County is not an easy win. The 06880 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 06880 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader CT picture, 06880 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 06880 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. durable returns are possible in 06880, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Westport:
Property Strategy for 06880
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $611,009 | $2,300 | 2.7% | +6.4% | $611,009 |
| 2BR | $994,103 | $2,750 | 2.0% | +10.0% | $497,052 |
| 3BR | $1,285,948 | $3,330 | 1.9% | +11.1% | $428,649 |
| 4BR | $1,867,273 | $3,940 | 1.5% | +12.3% | $466,818 |
| 5BR | $3,012,756 | — | — | +12.4% | $602,551 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 06880 Compare?
| Metric | 06880 | Westport | Bridgeport-Stamford-Norwalk, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $2,082,143 | $2,082,143 | N/A | $425,784 |
| 5-Year CAGR | 9.3% | 9.3% | N/A | 9.3% |
| Avg Rent | $5,602 | $5,602 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 06880 (Westport, CT). Anonymous, moderated, never written by AI.
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Property managers serving Fairfield County
Manage rentals here? List your business →Plaza Realty & Management Corporation focuses on excellence by association. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $2,082,143 |
| Monthly Rent | $5,602 |
| Price-to-Rent | 31.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +13.8% ▲ |
| 3-Year CAGR | +8.7% ▲ |
| 5-Year CAGR | +9.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | +17.8% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 06880
Population: 27,364
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 06880
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
P-TECH Norwalk
West Rocks Middle School
Wolfpit Integrated Arts Elementary School
Cranbury Elementary School
Mill Hill School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much do tenants pay in Westport, CT?
Westport, CT rentals go for roughly $5,602/mo a month. That puts gross yield in solid territory relative to $2.1M acquisition costs.
Are renters plentiful in Westport, CT?
Tenant quality in Westport, CT ranks as solid. Landlords generally report stable occupancy at market rents of $5,602/mo.
What kind of market is Westport, CT for investors?
Yes - Westport, CT a 3.0/5 investability score. With $2.1M home prices against $5,602/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are there empty rentals in Westport, CT?
Westport, CT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Westport, CT a good market for FHA house hackers?
House hacking works a tougher in Westport, CT. Rents of $5,602/mo against $2.1M acquisition make the strategy solid for owner-occupants.
You know 06880 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 06880 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 06880 ranks in Bridgeport-Stamford-Norwalk, CT
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