Groundwork

Market rankings · Connecticut

Property management companies in Connecticut

Markets across Connecticut ranked by the Groundwork market score for property management companies, with competitor counts and household spending for each.

Listings
384
18 chain locations (5%)
Official establishments
715
−0.6% since 2019
Household spending a year
$28.4B
On rent and homeowner costs
Listings per 10k households
2.7
10% below the U.S.
Housing spending per listing (U.S. = 100)
133
33% above the U.S.
Rank among states
#2 of 51
Market score 76 · High

A site report maps the property management companies on map listings around any address in Connecticut by name and distance, and the spending within reach.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 384 property management companies in Connecticut. Chain locations make up 5% of them, against 4% across the U.S. That comes to 2.7 for every 10,000 households, 10% below the U.S. rate of 3.0.

Household spending on rent and homeowner costs in Connecticut comes to about $28.4B a year: $19,819 per household, 19% above the U.S. average. Housing spending per company is 33% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

In 2023, official counts showed 715 businesses with payroll in Connecticut classed as residential and commercial property managers, down 0.6% from 2019. That is one for every 2,006 households, against one for every 1,638 across the U.S. Across the U.S., the count rose 11.4% over the same years. Since fiscal 2022, 9 SBA-backed loans worth $5M have gone to businesses classed as residential and commercial property managers in Connecticut.

Among the 50 states and DC, Connecticut ranks #2 for property management companies, with a Groundwork market score of 76 (high). Of the 5 scored metro areas in or partly in Connecticut, the Norwich-New London-Willimantic metro area scores highest (77). The one scored small-town market in or partly in Connecticut, the Torrington area, scores 76.

Every market in Connecticut for property management companies

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Numbered by Groundwork market score among the markets based in Connecticut, highest first; the U.S. rank compares each market with every other of its kind. A metro area that crosses a state line is listed in each state it reaches, and numbered only in the state its page is under. How the score works.

Metro areas

Metro areas reaching Connecticut, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Norwich-New London-Willimantic, CT77171.5229+2.0%#13 of 374
2Waterbury-Shelton, CT74402.2152+3.2%#19 of 374
3New Haven, CT65592.6135+2.5%#63 of 374
4Hartford-West Hartford-East Hartford, CT641342.9123+3.0%#71 of 374
5Bridgeport-Stamford-Danbury, CT591223.4113+3.7%#107 of 374

Small-town markets

Small-town markets reaching Connecticut, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Torrington, CT7691.9187+2.2%#6 of 180
Putnam, CTNot scored30.8448+3.0%

Counties

Counties in Connecticut, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Southeastern Connecticut Planning Region, CT75171.5229+2.0%#78 of 910
2Lower Connecticut River Valley Planning Region, CT73141.9194+2.3%#106 of 910
3Northwest Hills Planning Region, CT7291.9187+2.2%#116 of 910
4Naugatuck Valley Planning Region, CT71402.2152+3.2%#134 of 910
5Greater Bridgeport Planning Region, CT66383.2112+4.1%#191 of 910
6South Central Connecticut Planning Region, CT63592.6135+2.5%#237 of 910
7Capitol Planning Region, CT611203.1114+3.1%#282 of 910
8Western Connecticut Planning Region, CT57843.6114+3.5%#324 of 910
Northeastern Connecticut Planning Region, CTNot scored30.8448+3.0%

Markets with fewer than 5 property management companies on map listings, and counties under 10,000 people, aren’t scored; they’re listed last in each table.

Questions

How many property management companies are in Connecticut?

There are 384 property management companies on map listings in Connecticut as of September 2026. 18 of them (5%) are chain locations. The listings count property management companies. Official counts show 715 businesses with payroll classed as residential and commercial property managers in 2023, down 0.6% from 2019.

How much do households in Connecticut spend on rent and homeowner costs?

About $28.4B a year, or $19,819 per household. That is 19% above the U.S. average (an index of 119, where 100 is the U.S. average). For the 384 property management companies on map listings, housing spending per company is 33% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 1,434,007 households in Connecticut and national spending patterns by income.

How does Connecticut compare with the U.S. for property management companies?

Connecticut has 2.7 property management companies per 10,000 households, 10% below the U.S. rate of 3.0. The index of housing spending per company is 133, where 100 is the U.S. At the national ratio of property management companies to household spending, Connecticut would have about 512, against 384 on map listings. There is one business with payroll in the industry for every 2,006 households, against one for every 1,638 across the U.S. The official count fell 0.6% from 2019 to 2023, against +11.4% for the U.S.

Which market in Connecticut has the highest market score for property management companies?

Among 5 scored metro areas in or partly in Connecticut, the Norwich-New London-Willimantic metro area scores highest, at 77 (high). The one scored small-town market in or partly in Connecticut is the Torrington area, at 76 (high). Among 8 scored counties in Connecticut, the Southeastern Connecticut Planning Region scores highest, at 75 (high). Scores compare each market with others of its kind across the U.S.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Connecticut scores 76 for property management companies (high), #2 of the 50 states and DC.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Connecticut. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

Property management in other states

All 51 states

Top markets for property management companies across the U.S. · All business types in Connecticut

Screening a site or an acquisition in Connecticut?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.