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Affordable
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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 $233,483, lower than the Vermont average of $340,025.
The average cost of rent is $1,093/mo in Derby, primarily driven by the current value of real estate in the Derby area. In Derby, 15.81% of households rent, and 45.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Derby is $6,525 per month. Households that rent pay about 16.74% of their income on rent here. Derby’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Derby Center, VT: equally priced homes
- Derby Line, VT: equally priced homes
- Newport, VT: less expensive homes
- Holland, VT: equally priced homes
- West Charleston, VT: equally priced homes
- Coventry, VT: less expensive homes
- Newport Center, VT: equally priced homes
- Morgan Center, VT: equally priced homes
- Morgan, VT: equally priced homes
- Orleans, VT: less expensive homes
Cities with Similar Populations
- Winnebago, NE: less expensive homes
- Sweet Valley, PA: equally priced homes
- Traskwood, AR: less expensive homes
- Van Dyne, WI: higher priced homes
- Firth, NE: higher priced homes
- Wakefield, MI: less expensive homes
- Enon Valley, PA: less expensive homes
- Wakefield, VA: less expensive homes
- Dulzura, CA: higher priced homes
- Dublin, PA: higher priced homes
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