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These days, finding an affordable place to live in the Chelsea area can be challenging. Home prices in Chelsea are now at a median cost of $265,711, lower than the Vermont average of $340,025.
The average cost of rent is $1,500/mo in Chelsea, primarily driven by the current value of real estate in the Chelsea area. In Chelsea, 18.47% of households rent, and 52.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chelsea is $5,663 per month. Households that rent pay about 26.49% of their income on rent here. Chelsea’s most expensive areas are in the southern 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
- North Thetford, VT: equally priced homes
- Vershire Heights, VT: equally priced homes
- East Randolph, VT: higher priced homes
- North Randolph, VT: higher priced homes
- Brookfield, VT: higher priced homes
- Tunbridge, VT: higher priced homes
- Washington, VT: less expensive homes
- Vershire, VT: less expensive homes
- West Corinth, VT: less expensive homes
- Randolph Center, VT: higher priced homes
Cities with Similar Populations
- New Deal, TN: higher priced homes
- Ocracoke, NC: higher priced homes
- Oconee, IL: less expensive homes
- Ocheyedan, IA: less expensive homes
- Niwot, CO: higher priced homes
- Nickerson, NE: less expensive homes
- Nickel, TX: less expensive homes
- Newcomb, TN: less expensive homes
- New Elm, GA: less expensive homes
- Odessa, DE: higher priced homes
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