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These days, finding an affordable place to live in the Bridgeport area can be challenging. Home prices in Bridgeport are now at a median cost of $600,794, higher than the Connecticut average of $357,181.
The average cost of rent is $1,984/mo in Bridgeport, primarily driven by the current value of real estate in the Bridgeport area. While nearly 32.40% of residents own their homes outright in Bridgeport, 27.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bridgeport is $10,975 per month. Households that rent pay about 18.07% of their income on rent here. Bridgeport's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Fairfield, CT: equally priced homes
- Stratford, CT: less expensive homes
- Trumbull, CT: less expensive homes
- Southport, CT: higher priced homes
- Easton, CT: higher priced homes
- Milford, CT: less expensive homes
- Westport, CT: higher priced homes
- Shelton, CT: less expensive homes
- Weston, CT: higher priced homes
- Monroe, CT: less expensive homes
Cities with Similar Populations
- Washington, DC: less expensive homes
- Warwick, RI: less expensive homes
- Victoria, TX: less expensive homes
- Tyler, TX: less expensive homes
- Vancouver, WA: less expensive homes
- Tustin, CA: higher priced homes
- Waukesha, WI: less expensive homes
- Waldorf, MD: less expensive homes
- Waukegan, IL: less expensive homes
- Santa Rosa, CA: equally priced homes
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