
Home Price Key
These days, finding an affordable place to live in the Cromwell area can be challenging. Home prices in Cromwell are now at a median cost of $275,578, lower than the Connecticut average of $357,181.
The average cost of rent is $1,272/mo in Cromwell, primarily driven by the current value of real estate in the Cromwell area. While nearly 35.40% of residents own their homes outright in Cromwell, 20.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cromwell is $8,304 per month. Households that rent pay about 15.31% of their income on rent here. Cromwell's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- East Berlin, CT: higher priced homes
- Rocky Hill, CT: equally priced homes
- Portland, CT: equally priced homes
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- Kensington, CT: higher priced homes
- Rockfall, CT: equally priced homes
- South Glastonbury, CT: higher priced homes
- Cobalt, CT: higher priced homes
- Newington, CT: less expensive homes
- Wethersfield, CT: equally priced homes
Cities with Similar Populations
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- Banta, CA: higher priced homes
- Babylon, NY: higher priced homes
- Rogers, MN: higher priced homes
- Paris, KY: less expensive homes
- Okmulgee, OK: less expensive homes
- Oneonta, AL: less expensive homes
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