Real Deal: Connecticut rent rates see slight decrease while new fund aims to help fight eviction
The state just rolled out a new fund that will help renters who are on the verge of eviction.
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Feb 10, 2023, 1:30 PM
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Updated 680 days ago
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162ds agoRental prices have been slowing in Connecticut, but the state still proves to be costly for renters.
Caleb Silver with Investopedia says Fairfield Country rent rates are down 7.4%, New Haven County rates are down 5.6%, and Hartford County rates are down 3.1%.
Silver says even though prices are down a bit in the last 30 days, Connecticut can still be costly for renters especially those signing a lease now compared to a couple of years ago.
However, Connecticut offers some relief for those who are facing eviction.
The state just rolled out a new fund that will help renters who are on the verge of eviction.
Households can get up to $5,000 to pay off rent that is overdue.
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