Mortgage payment estimates, closing cost breakdowns, and homebuying data for Bridgeport, Connecticut.
Median Home Price
$325K
Population
149K
Avg Monthly Rent
$1,550
Property Tax Rate
2.15% *
* Property tax shown is the Connecticut state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Bridgeport.
Bridgeport vs Connecticut Median
The median home price in Bridgeport is $325,000, which is 20% below the Connecticut state median of $405,000.
Mortgage Calculator — Bridgeport, CT
Pre-filled with Bridgeport median home price and Connecticut tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $325K home using Connecticut's 2.15% tax rate and $2,100/yr insurance.
5% Down
$2,889/mo
Down: $16,250
Loan: $309K
P&I: $1,952
Tax: $582
Insurance: $175
PMI: $180
10% Down
$2,777/mo
Down: $32,500
Loan: $293K
P&I: $1,849
Tax: $582
Insurance: $175
PMI: $171
20% Down (No PMI)
$2,401/mo
Down: $65,000
Loan: $260K
P&I: $1,643
Tax: $582
Insurance: $175
Income needed (28% rule): $103K/year with 20% down, $119K/year with 10% down.
Rent vs Buy in Bridgeport
Rent
$1,550/mo
vs
Buy (10% down)
$2,777/mo
Price-to-rent ratio: 17.5 — A ratio between 15-20 means the rent vs buy decision in Bridgeport depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Bridgeport is $325,000, 20% below the Connecticut state median of $405,000. With a population of 148,529, Bridgeport is a mid-size city where home prices tend to be more accessible than in many parts of Connecticut.
Property taxes in Connecticut average 2.15% annually. This higher-than-average tax rate means a $325,000 home in Bridgeport would carry roughly $582/month in property taxes alone — plan accordingly. Homeowners insurance in Connecticut runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Bridgeport is $1,550/month. The price-to-rent ratio in Bridgeport is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Bridgeport presents moderate affordability. The $325K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Bridgeport.