The Most Affordable Neighborhoods in Candlewood Point, CT by Home Value

 

Candlewood Point, CT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Candlewood Point area can be challenging. Home prices in Candlewood Point are now at a median cost of $366,900, higher than the Connecticut average of $357,181.

The average cost of rent is $2,216/mo in Candlewood Point, primarily driven by the current value of real estate in the Candlewood Point area. While nearly 65.23% of residents own their homes outright in Candlewood Point, 15.09% rent.

Housing affordability isn’t just about home prices, though. The average household income in Candlewood Point is $11,522 per month. Households that rent pay about 19.23% of their income on rent here. Candlewood Point'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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