The 39,222-unit Fairfield County apartment market tightened in the first quarter of 2019, but its vacancy rate remains far higher and its rent gains far more modest than anyone might have imagined before the Great Recession. The vacancy rate fell 20 basis points to 6.1%. It is up 60 year-over-year. In the first quarter of 2019 the average asking rent increased 0.3% to $2,158 per month, and the average effective rent rose 0.4% to $2,035 per month. The year-over-year gains are 1.6% and 0.8%, respectively.