Real Estate Investing in Stamford, Connecticut (06902)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06902 (Stamford, 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.
No major risk flags on the data we track.
What’s happening in Stamford, CT (06902)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 06902 Stamford
Looking more closely, ZIP 06902 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $601K median. It rewards specialists, not generalists.
The investment case in 06902 is resilient only for operators who understand what they are buying. A $601K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 06902 sits on the difficult end of the CT spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 06902 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 06902 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Stamford:
Property Strategy for 06902
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $264,370 | $2,420 | 6.6% | +6.2% | $264,370 |
| 2BR | $436,515 | $2,890 | 4.8% | +6.3% | $218,258 |
| 3BR | $723,010 | $3,490 | 3.5% | +7.2% | $241,003 |
| 4BR | $1,070,245 | $4,140 | 2.8% | +8.7% | $267,561 |
| 5BR | $1,630,462 | — | — | +10.1% | $326,092 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 06902 Compare?
| Metric | 06902 | Stamford | Bridgeport-Stamford-Norwalk, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $601,373 | $714,130 | N/A | $425,784 |
| 5-Year CAGR | 6.4% | 7.2% | N/A | 9.3% |
| Avg Rent | $3,029 | $2,867 | N/A | - |
| Cap Rate | 3.9% | 3.5% | - | - |
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 06902 (Stamford, CT). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 06902 (Stamford, CT)?
~25 seconds · no account needed · your report is anonymous
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 | $601,373 |
| Monthly Rent | $3,029 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 3.9% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | +1.7% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 06902
Population: 72,915
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 06902
Schools in This ZIP Code
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
Investor Insight: With 2,933 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Stamford, CT?
Homes in Stamford, CT typically sell near $601K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
What is the tenant pool like in Stamford, CT?
The renter base in Stamford, CT is reasonable for the $3,029/mo price point. Screening well and pricing to market typically yields measured tenants.
Is Stamford in CT worth investing in?
Stamford, CT reports an investability rating of 3.0/5, with median home values near $601K and average rents around $3,029/mo. That combination puts it in the solid tier for investor interest.
Are eviction rules reasonable in Stamford, CT?
CT ranks as a landlord-friendly state for landlord-tenant law. Stamford generally follows the statewide framework, so landlords face reasonable operating rules.
Should investors worry about vacancy in Stamford, CT?
Stamford, CT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 06902 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 06902 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 06902 ranks in Bridgeport-Stamford-Norwalk, CT
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 06902 (Stamford)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 06902 (Stamford, CT).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.