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City · 36,759 residents · Capitol Planning Region, Connecticut

Manchester , Connecticut

In Manchester, a typical home is worth $223,400 and typical rent is $1,384 a month. Compared with all of Capitol Planning Region, the typical home value is 31% lower, typical household income is 20% lower, and the share of households that own their home is 10 points lower.

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  • Typical home value

    $223,400

    31% below the planning region

    39% below Connecticut

    • Manchester
    • Capitol
    • Connecticut

  • Typical rent

    $1,384a month

    About the same as the planning region

    7% below Connecticut

    • Manchester
    • Capitol
    • Connecticut

  • Typical household income

    $74,267a year

    20% below the planning region

    22% below Connecticut

    • Manchester
    • Capitol
    • Connecticut

  • Households that own their home

    56%

    10 points below the planning region

    11 points below Connecticut

    • Manchester
    • Capitol
    • Connecticut

Source: U.S. Census Bureau, Average 2020–2024

Manchester is in Capitol Planning Region. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Capitol Planning Region. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets Manchester apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Manchester is worth $223,400, 31% less than in Capitol Planning Region as a whole ($323,700).

  2. Nearby, in Rockville, the typical rent is $1,136: 18% less than in Manchester ($1,384).

  3. The typical household income in Manchester is $74,267, 20% less than in Capitol Planning Region as a whole ($93,394).

  4. 56% of households in Manchester own their home, against 66% in Capitol Planning Region.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Manchester

What homes there are in Manchester, 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

No kind of home is the majority in Manchester; the largest group, detached houses, adds up to 47%, less than in Capitol Planning Region (57%).

Year built

The typical home in Manchester was built in 1951, 15 years before the typical one in Capitol Planning Region.

Homes in Manchester are smaller: 50% have 3 bedrooms or more; in Capitol Planning Region, 58%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $541,287, at least 98% of owner-occupied homes in Manchester sit below it: they are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,842 a month

Capitol Planning Region: $2,284 a month

Without a mortgage

$880 a month

Capitol Planning Region: $1,027 a month

Owners with a mortgage

71%

Capitol Planning Region: 65%

In Manchester, 71% of owners have a mortgage, and their typical cost is $1,842 a month, against $2,284 in Capitol Planning Region. Without one it drops to $880.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The Census does not compare Manchester with 2015–2019 because its boundaries changed.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureManchesterCapitol Planning RegionConnecticutUnited States
Rental vacancy Unreliable estimate4.8%4.3%5.5%
Homeowner vacancy Unreliable estimate0.6%0.8%0.9%
More than one person per room 1.7%1.9%2.1%3.4%
People per household 2.272.412.462.53
Drive alone 76%70%69%69%
Carpool 9%8%8%9%
Public transit 3%3%3%3%
Walk or bike 2%2%3%3%
Work from home 10%17%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 1.7% of households in Manchester live, near the figure in Capitol Planning Region (1.9%).

On average, a household in Manchester has 2.27 people, fewer than in Capitol Planning Region (2.41).

To get to work, 76% of workers in Manchester drive alone; in Capitol Planning Region, 70%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Manchester?

A typical home is tight for the typical income

We start with a typical home in Manchester, worth $223,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Manchester, which is $74,267 a year. For that payment to be 28% of income, a household would need to earn about $89,382 a year.

The calculator's FHA and conventional loan limits are those of all of Capitol Planning Region.

Your numbers

Local data
$

Starts at the typical home value in Manchester. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,819 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,086

at 7.18% · 30 years

Loan amount
$219,354
Total interest
$315,598
Paid off in
November 2056

Includes $3,773 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,733 a month

  • Tight

    $1,733 to $2,228 a month

    Your payment · 34%

  • Hard

    more than $2,228 a month

Compared with the typical household income in Manchester ($74,267 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,086
Principal & interest$1,486
Property tax$408
Home insurance$93
FHA mortgage insurance (MIP)$99

You need at least $7,819 for the down payment, plus closing costs.

Next step

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.

The city and its county

Manchester and Capitol Planning Region

Manchester is in Capitol 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).

Manchester's own numbers

Typical home value
$223,400
Typical monthly rent
$1,384
Typical yearly household income
$74,267
Households that own their home
56%
Effective property tax rate
2.19%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Capitol Planning Region

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,933
Price change over 5 years (FHFA)
+62%
Homes in a high flood-risk zone
0.8%

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 Capitol Planning Region.

Everything about Capitol Planning Region

Buying

Buying a home in Manchester

A typical home in Manchester is worth $223,400: 31% below the planning region and 39% below Connecticut. With the typical household income in Manchester ($74,267 a year), a typical home costs 3.0 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.

  • Manchester 3.0 years
  • Capitol 3.5 years
  • Connecticut 3.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Capitol Planning Region

According to FHFA’s house price index, home prices in Capitol Planning Region rose 73% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Capitol Planning Region.

Period Region Connecticut U.S.
Last year (2025) +5.7% +6.1% +2.9%
5 years (2020–2025) +62% +62% +47%
10 years (2015–2025) +73% +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

Manchester next to Capitol 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
  • Manchester $223,400
  • Capitol $323,700
  • Connecticut $366,900
  • United States $332,700
Typical monthly rent
  • Manchester $1,384
  • Capitol $1,411
  • Connecticut $1,488
  • United States $1,413
Typical yearly household income
  • Manchester $74,267
  • Capitol $93,394
  • Connecticut $95,781
  • United States $80,734
See the full table
Manchester next to Capitol Planning Region and Connecticut
Measure Manchester Capitol Planning Region Connecticut U.S.
Typical home value $223,400 $323,700 $366,900 $332,700
Typical monthly rent $1,384 $1,411 $1,488 $1,413
Typical yearly household income $74,267 $93,394 $95,781 $80,734
Households that own their home 56% 66% 66% 65%
Typical yearly property tax $4,903 $6,454 $6,643 $3,119
Effective property tax rate 2.19% 1.99% 1.81% 0.94%
Renters with high rent for their income 56% 52% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Capitol 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 Manchester

For a typical $223,400 home in Manchester, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Manchester's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,086a month

    Least cash to close
    Down payment
    $7,819
    Cash to close
    $14,521
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $99

  • Conventional, 5% down $2,045a month

    Down payment
    $11,170
    Cash to close
    $17,872
    Rate
    7.18%
    Mortgage insurance
    PMI · $106

  • Conventional, 20% down, no PMI $1,711a month

    Down payment
    $44,680
    Cash to close
    $51,382
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,918a month

    Down payment
    $33,510
    Cash to close
    $40,212
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • 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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Manchester and for Capitol Planning Region.

Property tax

Effective rate in Manchester

2.19%of the home’s value each year

$4,903 a year for the typical owner in Manchester.

  • Manchester 2.19%
  • Capitol 1.99%
  • Connecticut 1.81%

What Connecticut publishes Deadline to appeal the assessment: February 20 (Connecticut General Assembly (General Statutes of Connecticut, Chapter 203))

Exemptions and deadlines in Connecticut

Flood risk in Capitol Planning Region

FEMA does not publish these numbers by city: they are for all of Capitol Planning Region.

Homes in the high-risk zone
0.8%
2,055
Of those, with NFIP insurance
32%
Region Connecticut U.S.
Homes in the high-risk zone 0.8% 3.1% 3.5%
Of those, with NFIP insurance 32% 51% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Manchester

Typical rent in Manchester is $1,384 a month: about the same as the planning region. In Manchester, 56% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Capitol Planning Region, by unit size. To pay the 2-bedroom one ($1,933 a month) without spending more than 30% of your income, you would need to earn $37.17 an hour working full time.

HUD fair market rent for all of Capitol Planning Region

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,346 $25.88 $53,840
1 bedroom $1,543 $29.67 $61,720
2 bedrooms $1,933 $37.17 $77,320
3 bedrooms $2,303 $44.29 $92,120
4 bedrooms $2,542 $48.88 $101,680

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 Manchester

HUD lists 9 buildings with rents for lower incomes in Manchester. These are the largest.

  • Squire Village 48 Spencer St, Manchester 379 low-income homes · 1 bd: 101 · 2 bd: 200 · 3 bd: 78 · In service since 2016 · For families
  • Squire Village 68 Imperial Dr, Manchester 06040 379 homes, 328 low-income · For families (860) 646-1280
  • Westhill Gardens Annex 12A Bluefield Dr, Manchester 06040 152 homes, 151 low-income · Run by Manchester Housing Authority · Average payment: $475 a month · Average wait: 48 months (860) 643-2163
  • Oakland Heights Apts 360 Oakland St, Manchester 06042 106 homes, 105 low-income · For older adults (860) 291-8777
  • Birch Meadow Apts 850 Parker St, Manchester 100 low-income homes · 1 bd: 32 · 2 bd: 68 · In service since 2003 · For older adults, people with disabilities

See all 256 buildings in Capitol Planning Region Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Manchester

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 are 5 HUD-approved agencies with an office in Capitol Planning Region; 3 say they serve in Spanish.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Manchester

No down payment, repair or rent-help program on our list is for Manchester or Capitol Planning Region. The ones below are statewide in Connecticut: they work in Manchester the same as in the rest of the state.

Which programs do I qualify for? All programs in Connecticut

Housing counselors near Manchester

The HUD-approved agencies closest to the center of Manchester, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Community Renewal Team, Inc.

    330 Market St, Hartford · 8 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 2 more
    (860) 560-5600

  • NSC (naca Counseling Subsidiary) - Hartford CT

    241 Main St Fl 1, Hartford · 8 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    203-562-6220-1385

  • Urban League of Greater Hartford, Inc.

    140 Woodland St, Hartford · 9 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (860) 527-0147

Every agency in Capitol Planning Region All counseling agencies in Connecticut

Help in Spanish near Manchester

1 of the 3 agencies on this list says it serves 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 Manchester

HUD’s record names them for Manchester or Capitol Planning Region. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Manchester Housing Authority Public housing and Section 8 vouchers (860) 643-2163

18 other authorities have an office in Capitol Planning Region: see the list Source: HUD

Cities

Other cities in Capitol Planning Region

These cities are also in Capitol Planning Region. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Capitol Planning Region Housing in Connecticut
See 4 more cities in Capitol Planning Region, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Manchester, with the typical home value.

Neighboring counties

If Capitol Planning Region is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Manchester.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Manchester

Short answers with the numbers for Manchester and all of Capitol 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 Manchester?

The typical home value in Manchester is $223,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Capitol Planning Region it is $323,700.

How much does it cost to rent in Manchester?

Typical rent in Manchester is $1,384 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Capitol Planning Region is $1,933.

What is the FHA loan limit in Manchester?

Manchester uses the FHA limit for all of Capitol Planning Region (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Manchester?

The typical homeowner in Manchester pays $4,903 a year, according to the U.S. Census Bureau. That is 2.19% of the home’s value; in Capitol Planning Region, the rate is 1.99%.

Where can I find free help to buy or rent in Manchester?

There are 5 HUD-approved counseling agencies with an office in Capitol Planning Region. 3 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).