Housing market/Connecticut/ZIP 06114

ACS 2023 · FY2027 SAFMR

ZIP 06114 Hartford, Connecticut

Hartford-West Hartford-East Hartford, CT MSA · Connecticut. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
25,283
Households
9,847
Median HH income
$47,905
Renter share
64.0%
Median gross rent
$1,296
Vacancy
12.1%
Pop. change
-11.9%
2BR SAFMR
$1,800
SAFMR / rent
1.389×
2–49 unit stock
8,050
LIHTC proj / units
7 / 182
HUD assisted MF
1 / 9

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 06114 · CT — sent to you.

ZIP 06114 · CT

ACS median rent$1,296
2BR SAFMR$1,800
90% floor$1,620
110% ceiling$1,980

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 06114

  • 1-unit detached2,16019.3%
  • 1-unit attached5605.0%
  • 2–4 units5,23646.7%
  • 5–49 units2,81425.1%
  • 50+ units3603.2%
  • Mobile760.7%
TypeUnitsShare
1-unit detached2,16019.3%
1-unit attached5605.0%
2 units (duplex)2,38921.3%
3–4 units2,84725.4%
5–9 units1,56614.0%
10–19 units4944.4%
20–49 units7546.7%
50+ units3603.2%
Mobile760.7%

2–4 unit share 46.7% · 5–49 unit share 25.1% · combined 2–49 71.8%.

Units by bedrooms

Studio
345
1BR
1,959
2BR
4,936
3BR
3,316
4BR
457
5+
193

Rent burden

Rent ≥30% of income59.6%
Rent ≥50% of income29.9%
  • ACS median gross rent $1,296 (all bedrooms, occupied rentals).
  • Median contract rent $1,030.
  • Renters paying ≥30% of income 59.6%; ≥50% 29.9%.
  • FY2027 2BR SAFMR $1,800 (1.389× ACS median gross rent).

Population

25,283 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -11.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 7 projects, 182 units.
  • HUD project-based assisted MF: 1 properties, 9 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 06114 64.0% of occupied households are renters; vacancy is 12.1%; ACS median gross rent is $1,296; population changed -11.9% between the 2018 and 2023 ACS vintages; the housing stock includes 5,236 units in 2–4-unit structures and 2,814 units in 5–49-unit structures; 7 LIHTC projects totaling 182 units; FY2027 2BR SAFMR is $1,800 versus ACS median gross rent of $1,296. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Connecticut research

ZIP 06114 is a Census / HUD profile for Hartford-West Hartford-East Hartford, CT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Connecticut research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 06114?

ZIP 06114 (Hartford-West Hartford-East Hartford, CT MSA) has 25,283 residents, 9,847 households, a renter share of 64.0%, median household income of $47,905, and ACS 2023 median gross rent of $1,296. Vacancy is 12.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 06114?

ACS counts 2,389 units in 2-unit buildings, 2,847 in 3–4 unit buildings, 1,566 in 5–9, 494 in 10–19, and 754 in 20–49. Combined 2–49 unit stock is 8,050 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 06114?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,800. See the full schedule and 90–110% payment-standard band on the ZIP 06114 — Hartford, CT HUD Section 8 Payment Standards / SAFMR.

Does this Connecticut ZIP profile include Georgia listings?

No. ZIP 06114 is Census / HUD research for Hartford-West Hartford-East Hartford, CT MSA. Jeff Crowe CRE does not list Connecticut property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.