BRRRR ★ MARKETS
45STAR SCORE

Norwich, CT rental market data (2026)

As of September 2026, the typical home in the Norwich metro costs $430,914 and typical rent is $2,099/month — a price-to-rent ratio of 17 and a gross rental yield of 5.8%. Norwich scores 45/100 on the Star Score index, ranking #139 of 174 tracked US rental markets.

The Norwich metro posts a price-to-rent ratio of 17 on a typical home value of $430,914 and typical rent of $2,099/month — a gross rental yield of 5.8% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.

New to this? The price-to-rent ratio is the home price divided by a year of rent — lower means rents are big relative to prices, which favors landlords. Gross yield is a year of rent as a % of the price, before expenses. BRRRR = Buy, Rehab, Rent, Refinance, Repeat: buy below market, fix it, rent it, then refinance to pull your cash back out and buy the next one. Full walkthrough in the beginner's guide.

Key numbers

MetricValue
Typical home value (ZHVI)$430,914
Typical rent (ZORI)$2,099/mo
Price-to-rent ratio17
Gross rental yield5.8%
Star Score45/100 ★★½☆☆
Rank among tracked markets#139 of 174
Your buying power in Norwich

Why Norwich scores 45

Factor breakdown is a Pro layer for this market. The top 15 markets show it free — see the rankings — or unlock all 174 markets. Not sure where to start? Find your market in 5 taps.

More context: Living in Norwich — economy, industries & affordability

See how it stacks up in the full rankings — head-to-head pages cover the top 15 markets.

Star Opportunities in Norwich flagged 2026-10-26

Active listings our scanner flagged for under-market signals — price cuts, long days on market, below-comp pricing. Leads to underwrite, not appraisals; verify everything locally.

111 Fifth St, Norwich, CT 06360 ★ 100
$99,999 · 3bd 1ba · 1,109 sqft
est. 30.0% under market · modeled rent $1,660/mo (19.9% yield)
Motivation 100 · Stale listing138 days on marketfind listing →
617 E Main St, Norwich, CT 06360 ★ 100
$249,900 · 5bd 2ba · 2,512 sqft
est. 30.0% under market · modeled rent $3,150/mo (15.1% yield)
Motivation 96 · Stale listing124 days on marketfind listing →
36 Williams St, Norwich, CT 06360 ★ 100
$390,000 · 8bd 3ba · 3,430 sqft
est. 30.0% under market · modeled rent $3,150/mo (9.7% yield)
Motivation 73 · Stale listing97 days on marketfind listing →
46 Penobscot St, Norwich, CT 06360 ★ 100
$220,000 · 2bd 2ba · 2,084 sqft
est. 30.0% under market · modeled rent $3,120/mo (17.0% yield)
Motivation 66 · Condition discount (hypothesis)74 days on marketfind listing →
313 Central Ave, Norwich, CT 06360 ★ 100
$319,000 · 5bd 3ba · 2,560 sqft
est. 26.9% under market · modeled rent $3,150/mo (11.8% yield)
Motivation 51 · Condition discount (hypothesis)68 days on marketfind listing →

Run one through the BRRRR calculator. Rent figures are modeled from metro data, not appraisals.

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Assumable-mortgage pocket: 17.0% of CT's 2019-21 mortgage originations were government-backed (FHA/VA/USDA) — assumable by law, mostly at ~3% rates. VA loans can be assumed by non-veterans, including for investment purchases. The Assumability Index →

What would a rehab cost here?

National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:

Scope$/sq ftTypical house
Paint & refresh (cosmetic light)$15–25$21K–35K
Cosmetic full (floors, kitchen refresh, baths)$25–45$35K–63K
Full renovation (systems + finishes)$45–75$63K–105K
Gut / structural$75–120$105K–168K

Run your own numbers for Norwich in the BRRRR & rehab calculator. Run a rehab crew in Norwich? Founding crews list free →

Frequently asked questions

Is Norwich a good market for rental property in 2026?

Norwich scores 45/100 on the Star Score index (#139 of 174 tracked markets), with a gross rental yield of 5.8% at September 2026 prices. It suits investors prioritizing cash flow over appreciation.

What is the price-to-rent ratio in Norwich?

17 — the typical home value ($430,914) divided by a year of typical rent ($2,099/month × 12). Ratios under about 15 generally favor buying and landlording.

Is Norwich a good BRRRR market in 2026?

With a typical home at $430,914 and rent of $2,099/month (5.8% gross yield), Norwich can work for BRRRR in select submarkets, but higher prices or thinner yields mean deals need bigger discounts to snowball.

How much rent does the typical Norwich home earn?

Typical asking rent in the Norwich metro is $2,099 per month as of September 2026, per Zillow's Observed Rent Index.

Home values and rents: Zillow ZHVI / ZORI, September 2026 metro figures. Factor scores are editorial estimates on public data. Last reviewed October 2026. Not investment advice — verify locally before acting. Methodology & sources.