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These days, finding an affordable place to live in the 06518 area can be challenging. Home prices in 06518 are now at a median cost of $319,810, lower than the Connecticut average of $418,901.
The average cost of rent is $1,756/mo in 06518, primarily driven by the current value of real estate in the 06518 area. In 06518, 38.76% of households rent, and 31.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 06518 is $10,274 per month. Households that rent pay about 17.09% of their income on rent here. 06518’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 06473, CT: higher priced homes
- 06514, CT: less expensive homes
- 06517, CT: higher priced homes
- 06524, CT: higher priced homes
- 06492, CT: higher priced homes
- 06515, CT: less expensive homes
- 06511, CT: higher priced homes
- 06525, CT: higher priced homes
- 06472, CT: higher priced homes
- 06513, CT: less expensive homes
Zip Codes with Similar Populations
- 78382, TX: less expensive homes
- 30153, GA: less expensive homes
- 92274, CA: less expensive homes
- 40744, KY: less expensive homes
- 36507, AL: less expensive homes
- 34972, FL: less expensive homes
- 47172, IN: less expensive homes
- 14456, NY: less expensive homes
- 19428, PA: higher priced homes
- 75401, TX: less expensive homes
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