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These days, finding an affordable place to live in the Cheshire area can be challenging. Home prices in Cheshire are now at a median cost of $436,224, higher than the Connecticut average of $418,901.
The average cost of rent is $1,428/mo in Cheshire, primarily driven by the current value of real estate in the Cheshire area. In Cheshire, 13.68% of households rent, and 38.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cheshire is $12,221 per month. Households that rent pay about 11.68% of their income on rent here. Cheshire’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prospect, CT: equally priced homes
- Millbrook, CT: equally priced homes
- Milldale, CT: less expensive homes
- Marion, CT: equally priced homes
- Plantsville, CT: less expensive homes
- Wallingford, CT: less expensive homes
- Meriden, CT: less expensive homes
- Wallingford Center, CT: less expensive homes
- Southington, CT: less expensive homes
- Wolcott, CT: less expensive homes
Cities with Similar Populations
- Mauldin, SC: less expensive homes
- Royse City, TX: less expensive homes
- Royersford, PA: equally priced homes
- Rolla, MO: less expensive homes
- Rockville Centre, NY: higher priced homes
- Ridgeland, MS: less expensive homes
- Richmond Hill, GA: less expensive homes
- Rahway, NJ: less expensive homes
- Puerto Real, PR: less expensive homes
- Plainview, NY: higher priced homes
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