Fairfield County · Bridgeport
Sell Your Commercial Property In Bridgeport, CT
Own a commercial apartment building of five or more units in Bridgeport? We purchase multifamily properties around Black Rock, North End, and the rest of Fairfield County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Black Rock · North End · Stratford · Fairfield — Fairfield County, CT
Local Demand
Our View On Bridgeport
Bridgeport is a renter city: 57.2% of its occupied homes were rented in the 2020-2024 American Community Survey. Of its 59,844 housing units, 63.0% sit in buildings with two or more units, from Black Rock to the North End. Metro-North's New Haven Line links Bridgeport to Stamford and Manhattan.
This profile covers who rents in Bridgeport, HUD's FY2027 fair market rents, and the age and size of the apartment stock. It explains the new 27.95 mill rate set after the 2025 revaluation and what it means for a $2,000,000 building. It also covers the state conveyance tax, Bridgeport's Fair Rent Commission and its Certificate of Apartment Occupancy rule. Connecticut has no county government, so the City of Bridgeport, not Fairfield County, assesses and bills property tax.
Owners who want to sell commercial property in Bridgeport, CT can use these figures to check a buyer's numbers. Every figure below links to the official Census, HUD, state or city page it came from, and each is dated.
New Haven Line rail access
Phase one of the $1.6 billion TIME-1 program rebuilds three miles of track between Bridgeport and Stratford, the state said July 27, 2026. The line carries about 100,000 weekday passengers.Deep multifamily inventory
Buildings of five or more units hold 16,839 Bridgeport homes, or 28.1% of the stock, in ACS 2020-2024 data. The share is 17.3% regionally and 18.6% statewide.Fairfield County price gap
Bridgeport's $1,450 median gross rent sits $826 below Stamford's $2,276 in ACS 2020-2024 data. Bridgeport's $274,900 median home value is 42.1% of the Western Connecticut Planning Region's $652,900.Our Buy Box
What We Buy In Bridgeport
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Bridgeport Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Bridgeport, CT
Renters occupy 57.2% of Bridgeport's 56,558 occupied homes, per the Census 2020-2024 American Community Survey tenure table. The renter share is 34.7% in the Greater Bridgeport Planning Region and 33.5% statewide. Bridgeport's 32,326 renter households make up 77.8% of the region's renters.
Connecticut county government was abolished effective October 1, 1960, per the Secretary of the State. A June 6, 2022 Census Bureau notice made the state's nine planning regions its county-equivalents, at the Office of Policy and Management's request. Census data for Bridgeport is therefore compared with the Greater Bridgeport Planning Region, not Fairfield County.
Bridgeport Hospital lists nearly 3,400 employees and 501 beds on two campuses, per its facts and figures page. Commuter rail carries 1,626 of Bridgeport's 72,706 workers, or 2.2%, in ACS 2020-2024 commuting data. Those workers rent in Black Rock and the North End, and in Stratford and Fairfield, separate towns on Bridgeport's borders.
Rents and affordability in Bridgeport
Bridgeport's median gross rent was $1,450 a month in the 2020-2024 American Community Survey. The planning region's median was $1,546 and Connecticut's was $1,488. Stamford's median gross rent was $2,276 in the same survey.
Median household income in Bridgeport was $58,685, against $89,667 regionally and $95,781 statewide. Renters paying 30% or more of income on rent were 56.5% of Bridgeport renter households, per table B25070. Those paying 50% or more were 30.9%.
HUD's FY2027 fair market rent for a Bridgeport two-bedroom is $2,399 a month, per the HUD fair market rent program. Bridgeport sits in the Bridgeport-Stamford-Danbury, CT MSA fair market rent area. That FY2027 two-bedroom figure is $112 below HUD's FY2026 standard of $2,511.
| Unit size | HUD FY2027 FMR, per month |
|---|---|
| Studio | $1,671 |
| One bedroom | $2,071 |
| Two bedroom | $2,399 |
| Three bedroom | $2,878 |
| Four bedroom | $3,573 |
Bridgeport's FY2027 two-bedroom standard runs $949 above its $1,450 all-unit median gross rent. That gap matters to owners who lease older Bridgeport units to Housing Choice Voucher holders.
Bridgeport's apartment stock and building age
Buildings with five or more units hold 16,839 Bridgeport housing units, per ACS 2020-2024 units-in-structure data. That is 28.1% of Bridgeport's 59,844 units, against 17.3% regionally and 18.6% statewide. Bridgeport holds 77.4% of the planning region's five-plus-unit stock.
Large buildings carry that stock. Bridgeport's 50-plus-unit tier holds 6,639 units and its 20-to-49 tier 3,705. The 10-to-19 tier adds 3,076 units and the 5-to-9 tier 3,419. Another 20,845 Bridgeport units sit in 2-to-4-unit buildings.
The median Bridgeport housing unit was built in 1955, against 1959 regionally and 1967 statewide, per ACS year-built data. Units built before 1980 make up 79.9% of Bridgeport's stock. Only 394 units date from 2020 or later.
Bridgeport's rental vacancy rate was 2.7% in the ACS 2020-2024 housing profile, against 4.2% regionally and 4.3% statewide. Owners who sell commercial real estate in Bridgeport, CT meet buyers who price roofs, boilers and lead paint before the rent roll.
Property taxes in Bridgeport, not Fairfield County
Bridgeport's fiscal 2026-2027 mill rate is 27.95 on real estate, per the Tax Assessor. A May 20, 2026 city release called it a cut of roughly 40%, after the grand list rose to about $13 billion. That growth came from the 2025 revaluation.
The Bridgeport Tax Assessor, not a county office, values all real estate in Bridgeport to compile the grand list. The 2025 revaluation notice sets assessments at 70% of market value as of October 1, 2025, replacing the October 2020 values.
A Bridgeport apartment building worth $2,000,000 carries a $1,400,000 assessment at 70%. At 27.95 mills, the annual tax is $39,130, or about $3,260.83 a month. Bills are due in two installments, on July 1 and January 1.
Owners who dispute a value apply to the Board of Assessment Appeals in February, under Conn. Gen. Stat. 12-117a, per the city revaluation notice. Anyone preparing to sell commercial property in Bridgeport, CT should pull the October 2025 assessment card first.
Connecticut's state conveyance tax on an apartment building is 0.75%, per a July 2020 Office of Legislative Research report. DRS classes apartment buildings as residential property other than a residential dwelling. Bridgeport is one of 19 towns eligible for an extra 0.25% municipal rate on top of the 0.25% base.
That report says every eligible town except Groton, Stamford and Thomaston charges the full extra rate. On a $2,000,000 Bridgeport sale, that is $15,000 to the state plus $10,000 municipal, or $25,000. The seller pays the tax.
Landlord rules in Bridgeport and Connecticut
Conn. Gen. Stat. 7-148b requires a fair rent commission in every town of 25,000 or more, per Chapter 98. Bridgeport re-established its commission in December 2023, under Chapter 2.94 of the city code. Under Sec. 7-148d, a commission may limit a harsh and unconscionable rent to a fair and equitable amount.
Bridgeport's Certificate of Apartment Occupancy rule, Ordinance 15.12.250, applies to buildings with three or more apartments. Housing code inspectors check a vacant unit, and a certificate is required for each new tenant. Two-unit buildings, and three-unit buildings where the owner lives in one, are exempt.
Connecticut caps security deposits at two months' rent, or one month for tenants 62 and older, per the Department of Banking. Deposits sit in a Connecticut escrow account and earn interest. Landlords must return them, or itemize damages, within 21 days of the tenancy ending.
Conn. Gen. Stat. 47a-15a gives a nine-day grace period on unpaid rent, or four days on a weekly tenancy, per the statute text. Sec. 47a-23 then requires a notice to quit served at least three days before termination. Sec. 47a-4e requires 45 days of written notice before a rent increase takes effect.
Selling commercial property in Bridgeport: what the numbers mean for owners
Four Bridgeport figures frame an apartment sale in 2026: a 27.95 mill rate, a 1955 median build year, 2.7% rental vacancy and $1,450 median rent. Owners who plan to sell commercial property in Bridgeport, CT should rebuild the pro forma on post-revaluation taxes.
Skyline Capital Investments buys 5-unit and larger buildings in Black Rock, the North End and across Bridgeport, plus Stratford and Fairfield. To sell your apartment building in Bridgeport, test its income with our cap rate calculator. Then send the building details through our seller page.
Local Knowledge
Bridgeport Seller Checklist
More about selling in Connecticut →Investing in Bridgeport? See apartment syndications in Bridgeport →
- Bridgeport's 27.95 mill rate applies to the 2025 grand list, so bills issued before July 2026 are no guide to a buyer's taxes.
- Census now reports Connecticut by planning region, so Bridgeport figures here compare with the Greater Bridgeport Planning Region rather than Fairfield County.
- Before you sell your apartment building in Bridgeport, gather each unit's Certificate of Apartment Occupancy and the security deposit escrow records.
- Owners who sell commercial real estate in Bridgeport, CT pay conveyance tax of about $25,000 on a $2,000,000 apartment sale at combined rates.
Seller Guides
Your Situation, Handled — Bridgeport
Learn More
Taxes & Rules For Bridgeport Property
The Connecticut rules that shape any deal in Bridgeport: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Bridgeport Seller FAQ
What does it cost to sell commercial property in Bridgeport, CT?
The main closing tax is Connecticut's real estate conveyance tax, which the seller pays. Apartment buildings pay 0.75% to the state. A July 2020 legislative research report lists Bridgeport as eligible for an extra 0.25% municipal rate on the 0.25% base. That report says Bridgeport charges the full extra rate, so a $2,000,000 sale owes $25,000 in total.
How much property tax does a $2 million apartment building in Bridgeport pay?
Bridgeport assesses property at 70% of market value, so a $2,000,000 building carries a $1,400,000 assessment. The fiscal 2026-2027 mill rate is 27.95. That puts the annual tax at $39,130, paid in two installments on July 1 and January 1. The rate fell after the 2025 revaluation, so older tax bills overstate current carrying costs.
Does Bridgeport have rent control?
Bridgeport has a Fair Rent Commission, re-established in December 2023 under Chapter 2.94 of the city code. State law requires one in every Connecticut town of 25,000 or more. The commission hears tenant complaints and can limit a rent it finds harsh and unconscionable. Landlords must also give 45 days of written notice before any rent increase takes effect.
What should I fix before I sell commercial real estate in Bridgeport, CT?
Start with the systems buyers inspect first in old buildings. The median Bridgeport housing unit dates to 1955, and 79.9% of units were built before 1980. Roofs, boilers, wiring and lead paint draw the closest review. Have current Certificates of Apartment Occupancy for each unit, since Bridgeport requires one for every new tenant in buildings of three or more apartments.
How strong is rental demand in Bridgeport right now?
Bridgeport's rental vacancy rate was 2.7% in the 2020-2024 American Community Survey, below 4.3% statewide. Renters hold 57.2% of occupied homes. HUD's FY2027 two-bedroom fair market rent is $2,399, well above the $1,450 median gross rent. Those numbers support pricing for anyone looking to sell multifamily property in Bridgeport, though FY2027 standards dipped from FY2026.
Do I need to fix up my Bridgeport building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Do you work with Bridgeport brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Bridgeport, and we keep every conversation confidential.
Can I sell rental property in Bridgeport with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Bridgeport?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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