City · 14,792 residents · Western Connecticut Planning Region, Connecticut
Greenwich, Connecticut
In Greenwich, a typical home is worth $1,515,700 and typical rent is $2,082 a month. Compared with all of Western Connecticut Planning Region, the typical home value is 132% higher, typical household income is 5% higher, and the share of households that own their home is 12 points lower.
Greenwich is in Western Connecticut Planning Region. The FHA loan limit ($977,500 for a one-unit home), the fair market rents and the help on this page are those of all of Western Connecticut Planning Region. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Greenwich is worth $1,515,700,132% more than in Western Connecticut Planning Region as a whole ($652,900).
2
Nearby, in Stamford, the typical home value is $624,400: 59% less than in Greenwich ($1,515,700).
3
54% of households in Greenwich own their home, against 66% in Western Connecticut Planning Region.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Greenwich
What homes there are in Greenwich, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Greenwich
Western Connecticut Planning Region
Connecticut
United States
Kind of home: Greenwich and its comparisons
Measure
Greenwich
Western Connecticut Planning Region
Connecticut
United States
Detached house
35%
57%
59%
61%
Attached house
11%
7%
7%
6%
Building of 2 to 4
23%
12%
16%
8%
Apartments (5 or more)
31%
23%
19%
19%
Mobile home
Unreliable estimate
0%
1%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
No kind of home is the majority in Greenwich; the largest group, detached houses, adds up to 35%, less than in Western Connecticut Planning Region (57%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Greenwich
Western Connecticut Planning Region
Connecticut
United States
Year built: Greenwich and its comparisons
Measure
Greenwich
Western Connecticut Planning Region
Connecticut
United States
Before 1960
58%
35%
41%
26%
1960–1979
16%
28%
27%
24%
1980–1999
12%
19%
20%
25%
2000–2009
8%
9%
7%
14%
2010 or later
6%
9%
5%
11%
In Greenwich, half of the homes were built before 1955; in Western Connecticut Planning Region, before 1971.
There are fewer big homes in Greenwich than in Western Connecticut Planning Region: 53% have 3 bedrooms or more, against 60%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K9%
$500K–$750K14%
$750K–$1M11%
$1M or more61%
Value of owner-occupied homes: Greenwich and its comparisons
Measure
Greenwich
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
9%
$500K–$750K
14%
$750K–$1M
11%
$1M or more
61%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99911%
$1,000–$1,4998%
$1,500–$1,99920%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or more36%
Monthly rent with utilities: Greenwich and its comparisons
Measure
Greenwich
Under $500
Unreliable estimate
$500–$999
11%
$1,000–$1,499
8%
$1,500–$1,999
20%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
36%
Owners with a mortgage
54%
Western Connecticut Planning Region: 67%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
GreenwichBoundaries changed
Western Connecticut Planning RegionBoundaries changed
Connecticut+33%
United States+53%
Typical rent
GreenwichBoundaries changed
Western Connecticut Planning RegionBoundaries changed
Connecticut+26%
United States+33%
Typical household income
GreenwichBoundaries changed
Western Connecticut Planning RegionBoundaries changed
Connecticut+22%
United States+29%
Change since 2015–2019: Greenwich and its comparisons
Measure
Greenwich
Western Connecticut Planning Region
Connecticut
United States
Typical home value
Boundaries changed
Boundaries changed
+33%
+53%
Typical rent
Boundaries changed
Boundaries changed
+26%
+33%
Typical household income
Boundaries changed
Boundaries changed
+22%
+29%
The boundaries of Greenwich changed since 2015–2019, so the Census does not compare its figures from then and now.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Greenwich and its comparisons
Measure
Greenwich
Western Connecticut Planning Region
Connecticut
United States
Rental vacancy
Unreliable estimate
3.8%
4.3%
5.5%
Homeowner vacancy
Unreliable estimate
1.1%
0.8%
0.9%
More than one person per room
Unreliable estimate
2.7%
2.1%
3.4%
People per household
2.49
2.63
2.46
2.53
Drive alone
50%
59%
69%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
12%
7%
3%
3%
Walk or bike
6%
3%
3%
3%
Work from home
25%
22%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Greenwich has 2.49 people, fewer than in Western Connecticut Planning Region (2.63).
Public transit matters here: 12% of workers take it to work, against 7% in Western Connecticut Planning Region.
Do the math
What would you pay each month for a home in Greenwich?
A typical home costs more than the typical income allows
We start with a typical home in Greenwich, worth $1,515,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 111% of the typical household income in Greenwich, which is $134,914 a year. For that payment to be 28% of income, a household would need to earn about $534,053 a year. Note: at that price the loan is above the FHA limit for Western Connecticut Planning Region ($977,500), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Western Connecticut Planning Region.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Greenwich. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $53,050 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$12,461
at 7.18% · 30 years
Loan amount
$1,488,246
Total interest
$2,141,237
Paid off in
November 2056
Includes $25,596 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,148 a month
Tight
$3,148 to $4,047 a month
Hard
more than $4,047 a month
Your payment · 111%
Compared with the typical household income in Greenwich ($134,914 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$10,082
Property tax
$834
Home insurance
$632
FHA mortgage insurance (MIP)
$914
This loan is over the FHA limit
You'd borrow $1,462,650, but the FHA limit for a one-unit home in Greenwich is $977,500. You'd need a bigger down payment or a different loan.
You need at least $53,050 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $12,461; principal and interest $10,082.
The city and its county
Greenwich and Western Connecticut Planning Region
Greenwich is in Western Connecticut Planning Region, Connecticut. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Greenwich
Map of Western Connecticut Planning Region, Connecticut, with Greenwich marked. Around it, the neighboring counties.
Greenwich
Western Connecticut Planning Region
Other cities with a page
Greenwich's own numbers
Typical home value
$1,515,700
Typical monthly rent
$2,082
Typical yearly household income
$134,914
Households that own their home
54%
Effective property tax rate
0.66%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Western Connecticut Planning Region
FHA limit, one-unit home
$977,500
Conventional limit, one unit
$977,500
HUD fair market rent, 2 bedrooms
$2,399
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
3.9%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Western Connecticut Planning Region.
A typical home in Greenwich is worth $1,515,700: 132% above the planning region and 313% above Connecticut. With the typical household income in Greenwich ($134,914 a year), a typical home costs 11.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Greenwich11.2 years
Western Connecticut5.1 years
Connecticut3.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Western Connecticut Planning Region
According to FHFA’s house price index, home prices in Western Connecticut Planning Region rose 65% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Western Connecticut Planning Region.
Yearly change in FHFA’s price index in Western Connecticut Planning Region, 2016 to 2025
2016: +0.4% +0.4% 2016
2017: −0.1% −0.1% 2017
2018: +1.5% +1.5% 2018
2019: +1.6% +1.6% 2019
2020: +2.0% +2.0% 2020
2021: +11.4% +11.4% 2021
2022: +13.2% +13.2% 2022
2023: +9.0% +9.0% 2023
2024: +7.4% +7.4% 2024
2025: +5.8% +5.8% 2025
Change in FHFA’s price index in Western Connecticut Planning Region, Connecticut and the United States
Period
Region
Connecticut
U.S.
Last year (2025)
+5.8%
+6.1%
+2.9%
5 years (2020–2025)
+56%
+62%
+47%
10 years (2015–2025)
+65%
+75%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Greenwich next to Western Connecticut Planning Region, Connecticut and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Greenwich$1,515,700
Western Connecticut$652,900
Connecticut$366,900
United States$332,700
Typical monthly rent
Greenwich$2,082
Western Connecticut$2,110
Connecticut$1,488
United States$1,413
Typical yearly household income
Greenwich$134,914
Western Connecticut$128,188
Connecticut$95,781
United States$80,734
See the full table
Greenwich next to Western Connecticut Planning Region and Connecticut
Measure
Greenwich
Western Connecticut Planning Region
Connecticut
U.S.
Typical home value
$1,515,700 ▲132% above the planning region
$652,900
$366,900
$332,700
Typical monthly rent
$2,082
$2,110
$1,488
$1,413
Typical yearly household income
$134,914 ▲5% above the planning region
$128,188
$95,781
$80,734
Households that own their home
54% ▼12 points below the planning region
66%
66%
65%
Typical yearly property tax
$10,001 ▲8% above the planning region
$9,295
$6,643
$3,119
Effective property tax rate
0.66% ▼0.76 points below the planning region
1.42%
1.81%
0.94%
Renters with high rent for their income
56% ▲3 points above the planning region
53%
53%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Western Connecticut Planning Region. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Greenwich
For a typical $1,515,700 home in Greenwich, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Greenwich's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$12,461a month
Above the FHA limit for Western Connecticut Planning Region ($977,500)
Down payment
$53,050
Cash to close
$98,521
Rate
7.18%
Mortgage insurance
FHA MIP · $914
Conventional, 5% down$11,940a month
Above the conventional limit for Western Connecticut Planning Region ($977,500): it would be a "jumbo" loan
Down payment
$75,785
Cash to close
$121,256
Rate
7.18%
Mortgage insurance
PMI · $720
Conventional, 20% down, no PMI$9,679a month
Above the conventional limit for Western Connecticut Planning Region ($977,500): it would be a "jumbo" loan
Down payment
$303,140
Cash to close
$348,611
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$11,081a month
Down payment
$227,355
Cash to close
$272,826
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Greenwich
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Western Connecticut Planning Region ($977,500)
$12,461
$53,050
$1,488,247
7.18%
FHA MIP · $914
$98,521
580
Conventional, 5% down Above the conventional limit for Western Connecticut Planning Region ($977,500): it would be a "jumbo" loan
$11,940
$75,785
$1,439,915
7.18%
PMI · $720
$121,256
620*
Conventional, 20% down, no PMI Above the conventional limit for Western Connecticut Planning Region ($977,500): it would be a "jumbo" loan
$9,679
$303,140
$1,212,560
7.18%
None
$348,611
620*
ITIN, 15% down (example)
$11,081
$227,355
$1,288,345
8.18%
None
$272,826
Set by the lender
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Greenwich and for Western Connecticut Planning Region.
Property tax
Effective rate in Greenwich
0.66%of the home’s value each year
$10,001 a year for the typical owner in Greenwich.
Greenwich0.66%
Western Connecticut1.42%
Connecticut1.81%
What Connecticut publishesDeadline to appeal the assessment: February 20 (Connecticut General Assembly (General Statutes of Connecticut, Chapter 203))
Typical rent in Greenwich is $2,082 a month: about the same as the planning region. In Greenwich, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Western Connecticut Planning Region, by unit size. To pay the 2-bedroom one ($2,399 a month) without spending more than 30% of your income, you would need to earn $46.13 an hour working full time.
HUD fair market rent for all of Western Connecticut Planning Region
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Western Connecticut Planning Region (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,671
$32.13
$66,840
1 bedroom
$2,071
$39.83
$82,840
2 bedrooms
$2,399
$46.13
$95,960
3 bedrooms
$2,878
$55.35
$115,120
4 bedrooms
$3,573
$68.71
$142,920
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
Low-income apartments
Low-income apartments in Greenwich
HUD lists 7 buildings with rents for lower incomes in Greenwich. These are the largest.
Agnes Morley Heights249 Milbank Ave, Greenwich 06830150 low-income homes · Run by Greenwich Housing Authority · Average payment: $508 a month · Average wait: 49 months(203) 869-1138
Wilbur Peck Court1C Wilbur Peck Ct, Greenwich 06830110 low-income homes · Run by Greenwich Housing Authority · Average payment: $857 a month · Average wait: 35 months(203) 869-1138
Quarry Knoll1A Quarry Knls, Greenwich 0683050 low-income homes · Run by Greenwich Housing Authority · Average payment: $472 a month(203) 869-1138
Quarry Knoll II52 Quarry Knls, Greenwich 0683040 low-income homes · For older adults(203) 869-1138
Parsonge Cottage Home for the Aged88 Parsonage Rd, Greenwich36 homes, 29 low-income · Studio: 32 · 1 bd: 4 · In service since 1996
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Western Connecticut Planning Region; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Greenwich or Western Connecticut Planning Region. The ones below are statewide in Connecticut: they work in Greenwich the same as in the rest of the state.
Connecticut state agency second mortgage for the down payment and closing costs: 4% of the price, between $3,000 and $15,000, together with a CHFA mortgage.Offered by Connecticut Housing Finance Authority (CHFA).
Connecticut state agency loan of up to $25,000, with no interest or monthly payments, for the down payment and closing costs, forgiven 10% each year over ten years; it goes with a CHFA mortgage.Offered by Connecticut Housing Finance Authority (CHFA), on behalf of the CT Department of Housing.
Connecticut state agency mortgage for first-time buyers and for people who have owned a home before, with deferred 0% help of up to 3.5% of the loan for the down payment or closing costs.Offered by Connecticut Housing Finance Authority (CHFA).
3 of the 3 agencies on this list say they serve in Spanish.
Ask for service in Spanish
When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.
Housing authorities of Greenwich
HUD’s record names them for Greenwich or Western Connecticut Planning Region. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.
Greenwich Housing AuthorityPublic housing and Section 8 vouchers(203) 869-1138
No legal help resource on our list is for Greenwich or Western Connecticut Planning Region in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Other cities in Western Connecticut Planning Region
These cities are also in Western Connecticut Planning Region. They share its loan limits and fair market rents, but home values and rent change from one to the next.
Short answers with the numbers for Greenwich and all of Western Connecticut Planning Region. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Greenwich?
The typical home value in Greenwich is $1,515,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Western Connecticut Planning Region it is $652,900.
How much does it cost to rent in Greenwich?
Typical rent in Greenwich is $2,082 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Western Connecticut Planning Region is $2,399.
What is the FHA loan limit in Greenwich?
Greenwich uses the FHA limit for all of Western Connecticut Planning Region (2026): $977,500 for a one-unit home and $1,879,850 for a four-unit home.
How much property tax do owners pay in Greenwich?
The typical homeowner in Greenwich pays $10,001 a year, according to the U.S. Census Bureau. That is 0.66% of the home’s value; in Western Connecticut Planning Region, the rate is 1.42%.
Where can I find free help to buy or rent in Greenwich?
There is 1 HUD-approved counseling agency with an office in Western Connecticut Planning Region. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
