Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bantam area can be challenging. Home prices in Bantam are now at a median cost of $296,324, lower than the Connecticut average of $357,181.
The average cost of rent is $783/mo in Bantam, primarily driven by the current value of real estate in the Bantam area. While nearly 35.90% of residents own their homes outright in Bantam, 33.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bantam is $7,576 per month. Households that rent pay about 10.34% of their income on rent here. Bantam's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Woodville, CT: higher priced homes
- Lakeside, CT: higher priced homes
- Morris, CT: equally priced homes
- Litchfield, CT: higher priced homes
- Milton, CT: higher priced homes
- Washington Depot, CT: higher priced homes
- Bethlehem, CT: higher priced homes
- Warren, CT: higher priced homes
- New Preston-Marble Dale, CT: higher priced homes
- New Preston, CT: higher priced homes
Cities with Similar Populations
- Philipsburg, MT: less expensive homes
- Hardyville, KY: less expensive homes
- Eagle Rock, VA: less expensive homes
- Segno, TX: less expensive homes
- Round Mountain, NV: less expensive homes
- Faber, VA: less expensive homes
- Riverton, KS: less expensive homes
- Floral, AR: less expensive homes
- Riceville, IA: less expensive homes
- Pulaski, MI: less expensive homes
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