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These days, finding an affordable place to live in the Cannondale area can be challenging. Home prices in Cannondale are now at a median cost of $1,154,032, higher than the Connecticut average of $418,901.
The average cost of rent is $2,305/mo in Cannondale, primarily driven by the current value of real estate in the Cannondale area. In Cannondale, 21.79% of households rent, and 29.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cannondale is $14,741 per month. Households that rent pay about 15.64% of their income on rent here. Cannondale’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wilton, CT: less expensive homes
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- Ridgefield, CT: less expensive homes
- Westport, CT: higher priced homes
- Scotts Corners, NY: equally priced homes
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Cities with Similar Populations
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