The Most Affordable Neighborhoods in Ballouville, CT by Home Value

 

Ballouville, CT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ballouville area can be challenging. Home prices in Ballouville are now at a median cost of $218,596, lower than the Connecticut average of $357,181.

The average cost of rent is $1,300/mo in Ballouville, primarily driven by the current value of real estate in the Ballouville area. While nearly 27.75% of residents own their homes outright in Ballouville, 19.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ballouville is $7,523 per month. Households that rent pay about 17.29% of their income on rent here. Ballouville's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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