Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Derby area can be challenging. Home prices in Derby are now at a median cost of $246,356, lower than the Connecticut average of $418,901.
The average cost of rent is $1,487/mo in Derby, primarily driven by the current value of real estate in the Derby area. In Derby, 38.09% of households rent, and 33.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Derby is $6,427 per month. Households that rent pay about 23.14% of their income on rent here. Derby’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ansonia, CT: higher priced homes
- Shelton, CT: higher priced homes
- Woodbridge, CT: higher priced homes
- Orange, CT: higher priced homes
- Seymour, CT: higher priced homes
- Spring Glen, CT: higher priced homes
- West Haven, CT: higher priced homes
- Milford, CT: higher priced homes
- Monroe, CT: higher priced homes
- Oxford, CT: higher priced homes
Cities with Similar Populations
- Mohnton, PA: higher priced homes
- Midland, WA: higher priced homes
- Midway City, CA: higher priced homes
- Milan, MI: higher priced homes
- Milan, TN: less expensive homes
- Miller Place, NY: higher priced homes
- Millersville, PA: higher priced homes
- Mitchellville, MD: higher priced homes
- Mogadore, OH: less expensive homes
- Middleville, MI: higher priced homes
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