Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Connecticut area can be challenging. Home prices in Connecticut are now at a median cost of $418,901, lower than the the United States average of $419,293.
The average cost of rent is $1,702/mo in Connecticut, primarily driven by the current value of real estate in the Connecticut area. In Connecticut, 33.54% of households rent, and 36.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Connecticut is $9,285 per month. Households that rent pay about 18.33% of their income on rent here. Connecticut’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the state.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby States
- Rhode Island: equally priced homes
- Massachusetts: higher priced homes
- New Jersey: higher priced homes
- New York: higher priced homes
- New Hampshire: equally priced homes
- Vermont: less expensive homes
- Delaware: less expensive homes
- Pennsylvania: less expensive homes
- Maryland: equally priced homes
- Maine: less expensive homes
States with Similar Populations
- Alaska: less expensive homes
- Hawaii: higher priced homes
- Puerto Rico: less expensive homes
- Michigan: less expensive homes
- New Mexico: less expensive homes
- New Hampshire: equally priced homes
- Mississippi: less expensive homes
- Minnesota: less expensive homes
- Massachusetts: higher priced homes
- Maine: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood