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These days, finding an affordable place to live in the Canterbury area can be challenging. Home prices in Canterbury are now at a median cost of $334,360, lower than the Connecticut average of $418,901.
The average cost of rent is $882/mo in Canterbury, primarily driven by the current value of real estate in the Canterbury area. In Canterbury, 10.77% of households rent, and 36.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canterbury is $8,238 per month. Households that rent pay about 10.71% of their income on rent here. Canterbury’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Westminster, CT: equally priced homes
- Plainfield Village, CT: less expensive homes
- Hanover, CT: less expensive homes
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- Plainfield, CT: less expensive homes
- Scotland, CT: less expensive homes
- Central Village, CT: less expensive homes
- Baltic, CT: less expensive homes
- Jewett City, CT: less expensive homes
- Wauregan, CT: less expensive homes
Cities with Similar Populations
- Russiaville, IN: less expensive homes
- Silver Creek, NY: less expensive homes
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- West Lake Hills, TX: higher priced homes
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- Samson, AL: less expensive homes
- Shady Cove, OR: higher priced homes
- Swanzey, NH: less expensive homes
- Starr, SC: less expensive homes
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