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The homeownership rate in Connecticut was 66.6% in 2025.

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That means about every 2 in 3 households owned their home while the remainder rented.

According to the Census Bureau, understanding homeownership rates can help determine if people's needs are met by available housing and can inform policy and funding decisions. The Connecticut homeownership rate in 2025 was 1.4 percentage points higher than the US homeownership rate overall.

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During the housing bubble of the mid-2000s, homeownership rates rose to a peak of 69% in 2004. When the housing bubble popped in 2007 and the Great Recession started, foreclosures increased and there was a shift from owning to renting: the homeownership rate declined through 2016, when it bottomed out at 63.4%. It then began to increase.

Which Connecticut metros have the highest and lowest homeownership rates?

In Connecticut, the homeownership rate was highest in the Waterbury, CT area (68.8%) and lowest in the New Haven, CT area (61%) in 2024. Across metro areas nationwide, 63.9% of households owned their residence. The following is a sampling of metro area data.

Connecticut's homeownership rate in 2025 was 1.4 percentage points higher than the US.

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Metro areas are made up of economically interconnected counties that include at least one urban area. A single metro area can include multiple cities and cross state lines.

Source: US Census Bureau