The Most Affordable Neighborhoods in Devon-Walnut Beach, Milford, CT by Home Value

 

Devon-Walnut Beach, Milford, CT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Devon-Walnut Beach area can be challenging. Home prices in Devon-Walnut Beach are now at a median cost of $391,720, lower than the Milford average of $422,646.

The average cost of rent is $1,874/mo in Devon-Walnut Beach, primarily driven by the current value of real estate in the Devon-Walnut Beach area. In Devon-Walnut Beach, 29.41% of households rent, and 37.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Devon-Walnut Beach is $8,727 per month. Households that rent pay about 21.48% of their income on rent here. Devon-Walnut Beach’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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