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These days, finding an affordable place to live in the 06118 area can be challenging. Home prices in 06118 are now at a median cost of $160,305, lower than the Connecticut average of $357,181.
The average cost of rent is $1,212/mo in 06118, primarily driven by the current value of real estate in the 06118 area. While nearly 33.35% of residents own their homes outright in 06118, 27.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 06118 is $6,157 per month. Households that rent pay about 19.69% of their income on rent here. 06118's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 06108, CT: equally priced homes
- 06103, CT: higher priced homes
- 06114, CT: higher priced homes
- 06033, CT: higher priced homes
- 06120, CT: less expensive homes
- 06106, CT: higher priced homes
- 06040, CT: higher priced homes
- 06109, CT: higher priced homes
- 06105, CT: higher priced homes
- 06112, CT: higher priced homes
Zip Codes with Similar Populations
- 89044, NV: higher priced homes
- 34219, FL: higher priced homes
- 20007, DC: higher priced homes
- 27597, NC: higher priced homes
- 38637, MS: less expensive homes
- 79118, TX: equally priced homes
- 00669, PR: less expensive homes
- 32117, FL: less expensive homes
- 11553, NY: higher priced homes
- 10710, NY: higher priced homes
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