Buying In Fairfield, CT
Sell Your Commercial Property In Fairfield, CT
Own a commercial apartment building of five or more units in Fairfield? We purchase multifamily properties around Fairfield Center, Southport, 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
Neighborhoods & Nearby Towns: Fairfield Center · Southport · Stratfield · Black Rock — Fairfield County, CT
Market Snapshot
Renter Demand In Fairfield
Fairfield is a Fairfield County town of 63,416 residents where renters occupy just 16.7% of homes, per the 2020-2024 American Community Survey. Its median household income of $172,432 compares with $95,781 statewide. Buildings of five or more units hold 6.3% of Fairfield housing.
This profile covers Fairfield rents, HUD's FY2027 fair market rents, the fiscal 2027 mill rate of 19.19 with a worked $2,000,000 example, and Connecticut deposit and notice rules. Owners who want to sell commercial property in Fairfield, CT can test offers against these figures.
Fairfield University
Fairfield University enrolled 5,464 four-year undergraduates and 1,697 graduate students in fall 2025, per its fact sheet.Sacred Heart University
Sacred Heart University's Park Avenue campus is in Fairfield, serving over 10,000 undergraduate, graduate and doctoral students.Metro-North commuter rail
Commuter rail carried 6.3% of Fairfield's 29,580 workers in ACS 2020-2024, against 1.3% statewide.Our Buy Box
What We Buy In Fairfield
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
Fairfield Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Fairfield, CT
Renters occupy 16.7% of Fairfield's 21,561 occupied homes, against 33.5% statewide, per the ACS 2020-2024 tenure table. Buildings of five or more units hold 6.3% of Fairfield's 22,537 homes, per units-in-structure data. The median home dates to 1960, and 73.5% predate 1980, per year-built data.
Fairfield rents and HUD FY2027 fair market rents
Fairfield's median gross rent was $2,185 a month in ACS 2020-2024, against $1,488 statewide, per the Census rent table. HUD's FY2027 two-bedroom rent for the Bridgeport-Stamford-Danbury, CT MSA is $2,399, per HUD fair market rent data.
| Unit size | HUD FY2027 FMR (monthly) |
|---|---|
| Efficiency | $1,671 |
| One bedroom | $2,071 |
| Two bedrooms | $2,399 |
| Three bedrooms | $2,878 |
| Four bedrooms | $3,573 |
In Fairfield, 51.2% of renter households spend 30% or more of income on rent, per ACS rent burden data. Owners selling commercial property in Fairfield should price leases against both benchmarks.
Property taxes in Fairfield, Fairfield County, with a $2M example
Fairfield's fiscal 2027 mill rate is 19.19 on the Grand List 2025, down from 28.39 in fiscal 2026, per the state mill rate dataset. Connecticut assesses property at 70% of value under Section 12-62a.
| Worked example | Amount |
|---|---|
| Market value | $2,000,000 |
| Assessment at 70% | $1,400,000 |
| Annual town tax at 19.19 mills | $26,866 |
Owners who sell commercial property in Fairfield, CT pay conveyance tax under Section 12-494. Nonresidential sales owe 1.25% state plus 0.25% municipal, or $30,000 on $2,000,000.
Landlord rules in Fairfield
Deposits are capped at two months' rent, or one month for tenants 62 and older, under Section 47a-21. Rent unpaid nine days after its due date allows termination under Section 47a-15a.
A notice to quit needs at least three days under Section 47a-23. Anyone planning to sell commercial real estate in Fairfield, CT should know Section 7-148b requires fair rent commissions in towns of 25,000 or more.
What it means for a Fairfield apartment owner
Fairfield pairs a $2,185 median rent with a 19.19 mill rate on 70% of value. That spread drives net income when you sell commercial property in Fairfield, CT.
Skyline Capital Investments buys 5+ unit apartment buildings in Fairfield Center, Southport, Stratfield and Black Rock. Test your numbers with our cap rate calculator. When you are ready to sell your apartment building in Fairfield, request a direct offer from Skyline.
Good To Know
Fairfield Seller Checklist
More about selling in Connecticut →Investing in Fairfield? See apartment syndications in Fairfield →
- Fairfield's fiscal 2027 mill rate of 19.19 applies to real estate and personal property.
- Census reports Connecticut by planning region, so Fairfield is compared with Greater Bridgeport Planning Region.
- Owners who sell commercial real estate in Fairfield, CT pay state and municipal conveyance tax.
Seller Guides
Selling In Fairfield? Common Situations We Handle
Learn More
Taxes & Rules For Fairfield Property
The Connecticut rules that shape any deal in Fairfield: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Fairfield Seller FAQ
How much does it cost to sell commercial property in Fairfield, CT?
Conveyance tax is the main closing tax. Section 12-494 sets a 1.25% state rate for nonresidential property plus a 0.25% municipal share. Fairfield is not among the 19 towns eligible for an added local rate, per OLR, so a $2,000,000 sale owes $30,000.
What property tax does a $2 million Fairfield apartment building pay?
Connecticut assesses property at 70% of value, so a $2,000,000 building carries a $1,400,000 assessment. At Fairfield's fiscal 2027 mill rate of 19.19, the town tax is $26,866 a year. Park associations such as Brooklawn Park add their own small rates.
Can I sell commercial real estate in Fairfield, CT with tenants in place?
Yes. Section 47a-21 caps deposits at two months' rent, or one month for tenants 62 and older. Deposits are due back within 21 days of move-out, or 15 days after a forwarding address arrives. A clean deposit ledger helps the buyer at closing.
Does Fairfield have rent control?
Connecticut handles rent disputes through fair rent commissions rather than rent caps. Section 7-148b requires a commission in every town of 25,000 or more by decennial census. Fairfield had 63,416 residents in ACS 2020-2024, well above that line.
How strong is rental demand in Fairfield?
Renters hold only 16.7% of Fairfield's occupied homes, so rental supply is thin. The median gross rent was $2,185 a month in ACS 2020-2024, against $1,488 statewide. Owners who sell multifamily property in Fairfield can point to that gap.
Do I need to fix up my Fairfield 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 Fairfield brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Fairfield, and we keep every conversation confidential.
Can I sell rental property in Fairfield 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 Fairfield?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Get An Offer Review In Fairfield
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
