Downtown home values
Downtown at a glance
- The Census median home value is $319,000 — 36% above Hartford overall and 6% below the U.S. median.
- Median household income is $79,476, so homes cost 4.0× local income.
- Median rent is $1,677/month (a 6.3% gross rental yield).
- Its ZIP ranks 2nd of 8 Hartford ZIP codes by home value.
- These figures are for ZIP 06103, which Downtown shares with Sheldon/Charter Oak.
Downtown home value score
from local value, rent & income
In ZIP 06103, rents are moderate relative to prices, and homes are moderately priced against local incomes.
How the Value Score is built
Computed figures
A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.
Downtown vs Hartford, Connecticut and the U.S.
| Downtown | Hartford | Connecticut | U.S. | |
|---|---|---|---|---|
| Median home value (Census) | $319,000 | $234,900 | $315,100 | $340,200 |
| Median household income | $79,476 | $57,000 | $73,600 | $78,500 |
| Median gross rent | $1,677/mo | $1,293/mo | $1,555/mo | $1,406/mo |
| Price-to-income ratio | 4.0× | 4.1× | 4.3× | 4.3× |
| Gross rental yield | 6.3% | 6.6% | 5.9% | 5.0% |
| Rent as share of income | 25% | 27% | 25% | 21% |
| Mortgage payment* | $1,613/mo | $1,188/mo | $1,593/mo | $1,720/mo |
Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.
What it costs to buy a home in Downtown
At the typical value of $319,000, a buyer putting 20% down ($63,800) and financing the rest at 6.5% over 30 years would pay about $1,613 a month in principal and interest — 24% of the median household income here. That sits within the common 28% guideline, so the typical home is within reach of a typical local household. The median rent is $1,677/month, so owning and renting cost about the same each month before taxes, insurance and upkeep.
Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.
What this means for buyers, sellers and investors in Downtown
Buyers
At 4.0× local income, prices are moderate — compare a few nearby areas before committing.
Sellers
Typical values here are 6% below the U.S. median; get a home-specific estimate before you list — condition and size move the number more than the area average.
Investors
A gross rental yield of 6.3% is middling — returns depend on buying below the typical price or adding value.
Other neighborhoods in Hartford
| Name | Home value | 1-yr | Income | Rent | Price / income |
|---|---|---|---|---|---|
| Asylum Hill ZIP 06105 · shared | $365K | −4.6% | $41K | $1,100 | 8.9× |
| Barry Square ZIP 06114 · shared | $228K | +3.5% | $48K | $1,296 | 4.8× |
| Behind the Rocks city data | — | — | — | — | — |
| Blue Hills | $269K | +3.6% | $97K | $1,681 | 2.8× |
| Clay Arsenal | $183K | +8.7% | $34K | $1,183 | 5.5× |
| Downtown ZIP 06103 · shared | $319K | — | $79K | $1,677 | 4.0× |
| Frog Hollow ZIP 06106 · shared | $202K | +3.6% | $48K | $1,237 | 4.2× |
| North East | $213K | +5.1% | $76K | $1,259 | 2.8× |
| Parkville ZIP 06106 · shared | $202K | +3.6% | $48K | $1,237 | 4.2× |
| Sheldon/Charter Oak ZIP 06103 · shared | $319K | — | $79K | $1,677 | 4.0× |
| South End ZIP 06114 · shared | $228K | +3.5% | $48K | $1,296 | 4.8× |
| South Green ZIP 06114 · shared | $228K | +3.5% | $48K | $1,296 | 4.8× |
| Upper Albany | $203K | +6.9% | $47K | $1,229 | 4.3× |
| West End ZIP 06105 · shared | $365K | −4.6% | $41K | $1,100 | 8.9× |
Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.
Downtown real estate FAQ
What is the typical home value in Downtown?
Is Downtown affordable?
How much is rent in Downtown?
Is Downtown good for rental property investment?
What’s your Downtown home worth?
Estimates are informational only and are not an appraisal.
About this data
Data last updated: September 2026.
Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.
Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.
The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.
Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.
These are area-level statistics, not an appraisal of any individual property, and not financial advice.
Sources: U.S. Census ACS · Zillow ZHVI.