Is Essex, CT a good place to invest in rental property?

Essex, CT has a median modeled monthly cash flow of $-2,627 and a median cap rate of 2.5%, on a median sold price of $478,650. Prices changed -1.2% year over year.

What is the average cap rate in Essex, CT?

The median cap rate across recently sold homes in Essex, CT is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Essex, CT?

The median sold price in Essex, CT is $478,650 (about $281 per square foot).

Investing in Essex, CT Real Estate

A data-driven snapshot of the Essex, CT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$478,650Median sold price

$281Median $/sqft

2.5%Median cap rate

$-2,627Modeled cash flow / mo

-1.2%Appreciation YoY

8.6Months of supply

33Active listings

46Sold (last 12 mo)

What the Essex numbers say

In Essex, CT, the median home sold for $478,650 (about $281 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-2,627 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 8.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Connecticut markets to compare

See Essex cash-flowing listings

CashFlowRE ranks every for-sale home in Essex, CT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Essex deals, or browse the national market data.