Home Price Key
Affordable
Average
Expensive
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 $220,897, lower than the Connecticut average of $357,181.
The average cost of rent is $1,509/mo in Derby, primarily driven by the current value of real estate in the Derby area. While nearly 47.87% of residents own their homes outright in Derby, 30.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Derby is $5,406 per month. Households that rent pay about 27.92% of their income on rent here. Derby's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Ansonia, CT: equally 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: less expensive homes
- Milford, CT: higher priced homes
- Monroe, CT: higher priced homes
- Oxford, CT: higher priced homes
Cities with Similar Populations
- Mohnton, PA: equally priced homes
- Midland, WA: higher priced homes
- Midway City, CA: higher priced homes
- Milan, MI: equally priced homes
- Milan, TN: less expensive homes
- Miller Place, NY: higher priced homes
- Millersville, PA: equally priced homes
- Mitchellville, MD: higher priced homes
- Mogadore, OH: less expensive homes
- Middleville, MI: equally priced homes
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