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These days, finding an affordable place to live in the Branford area can be challenging. Home prices in Branford are now at a median cost of $442,041, higher than the Connecticut average of $418,901.
The average cost of rent is $1,788/mo in Branford, primarily driven by the current value of real estate in the Branford area. In Branford, 21.13% of households rent, and 37.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Branford is $10,029 per month. Households that rent pay about 17.83% of their income on rent here. Branford’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Branford Center, CT: less expensive homes
- East Haven, CT: less expensive homes
- Stony Creek, CT: higher priced homes
- North Branford, CT: less expensive homes
- New Haven, CT: less expensive homes
- Guilford, CT: higher priced homes
- North Haven, CT: equally priced homes
- West Haven, CT: less expensive homes
- Northford, CT: equally priced homes
- Hamden, CT: less expensive homes
Cities with Similar Populations
- Danville, KY: less expensive homes
- East Liverpool, OH: less expensive homes
- Talladega, AL: less expensive homes
- Durant, OK: less expensive homes
- St. Joseph, MI: less expensive homes
- Stephens City, VA: less expensive homes
- Warrington, PA: higher priced homes
- DeFuniak Springs, FL: less expensive homes
- Deerfield, IL: higher priced homes
- Davidson, NC: higher priced homes
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