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March 24, 2025

This CT city’s multifamily market has grown at a faster rate than NY, Boston metro areas

By Michael Juliano » Hartford Business »

While the multifamily apartment boom has reached nearly all corners of Connecticut in recent years, there may be no hotter market than Stamford.

Connecticut’s third-most populated city has added about 15,000 apartment units over the past decade, growing its multifamily inventory by about 56% to 40,000 units.

Costar

Stamford — which has more than 136,000 residents — since 2014 has experienced a faster apartment growth rate, on a percentage basis, than the New York and Boston metropolitan areas, according to Victor Nolletti, executive managing director of commercial real estate firm Institutional Property Advisors…

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