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CoStar Insight

Stamford's top-tier apartment rents cost nearly half the amount of a monthly mortgage

Monthly mortgage payment amounts have more than doubled since the end of 2019
CoStar Analytics
April 13, 2026 | 6:33 P.M.

The Stamford, Connecticut, multifamily market is seeing the gap between the average rent for four- and five-star apartments and the average monthly mortgage payment continue to widen. The widening gap highlights the affordability challenge of buying a home, especially for first-time homebuyers, driving demand toward apartment rentals.

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