$4,395 Per Month
- 3 Beds
- 1.5 Baths
- 1,314 Sq Ft
- Townhouse for Rent
32 Sherwood Place Unit 32, Southport, CT 06890
32 Sherwood Place Unit 32, Southport, CT 06890
Frequently Asked Questions
How much does it cost to rent a home in Fairfield, CT?
The median rent for a home in Fairfield, CT is $4,800 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Fairfield, CT?
To comfortably afford the median rent in Fairfield, CT, a household needs to earn roughly $192,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,800 per month in Fairfield, CT, renters typically need to show $14,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Fairfield, CT?
In Fairfield, CT, the price-to-rent ratio is 17.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Fairfield, CT are best for renting a home?
The best neighborhood for renting in Fairfield, CT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include University, Tunxis Hill, Grasmere, Stratfield Village and Fairfield Beach, each with its own character and price range.
