Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chester area can be challenging. Home prices in Chester are now at a median cost of $353,365, lower than the Connecticut average of $357,181.
The average cost of rent is $1,374/mo in Chester, primarily driven by the current value of real estate in the Chester area. While nearly 31.15% of residents own their homes outright in Chester, 28.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chester is $7,856 per month. Households that rent pay about 17.49% of their income on rent here. Chester's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Deep River, CT: less expensive homes
- Hadlyme, CT: higher priced homes
- Winthrop, CT: less expensive homes
- Haddam, CT: less expensive homes
- Shailerville, CT: less expensive homes
- Ivoryton, CT: equally priced homes
- Ponset, CT: equally priced homes
- Centerbrook, CT: equally priced homes
- Essex, CT: higher priced homes
- East Haddam, CT: less expensive homes
Cities with Similar Populations
- St. Jacob, IL: less expensive homes
- Glenmora, LA: less expensive homes
- Old Monroe, MO: less expensive homes
- Scott AFB, IL: less expensive homes
- St. Ignace, MI: less expensive homes
- Nanty-Glo, PA: less expensive homes
- Moravia, NY: less expensive homes
- Manville, RI: equally priced homes
- Tonkawa, OK: less expensive homes
- Kaneohe Bay, HI: higher priced homes
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