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These days, finding an affordable place to live in the Downtown New Britain area can be challenging. Home prices in Downtown New Britain are now at a median cost of $244,920, higher than the New Britain average of $230,012.
The average cost of rent is $1,191/mo in Downtown New Britain, primarily driven by the current value of real estate in the Downtown New Britain area. In Downtown New Britain, 74.22% of households rent, and 38.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown New Britain is $4,107 per month. Households that rent pay about 29.01% of their income on rent here. Downtown New Britain’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- City Hall Monument District, New Britain, CT: less expensive homes
- South West, Hartford, CT: less expensive homes
- Behind The Rocks, Hartford, CT: less expensive homes
- South End Hartford, Hartford, CT: equally priced homes
- Parkville, Hartford, CT: higher priced homes
- Barry Square, Hartford, CT: equally priced homes
- Frog Hollow, Hartford, CT: equally priced homes
- West End, Hartford, CT: higher priced homes
- Sheldon Charter Oak, Hartford, CT: equally priced homes
- Federal Hill Historic District, Bristol, CT: equally priced homes
Neighborhoods with Similar Populations
- Crieve Hall, Nashville, TN: higher priced homes
- Wooded Area, San Diego, CA: higher priced homes
- Irvine Health and Science Complex, Irvine, CA: higher priced homes
- Mayfield, Ceres, CA: higher priced homes
- Pecan Park, Jacksonville, FL: higher priced homes
- Periwinkle, Albany, OR: higher priced homes
- Prattville, Chelsea, MA: higher priced homes
- Saint Louis Hills, St. Louis, MO: higher priced homes
- Circle Cross Ranch, San Tan Valley, AZ: higher priced homes
- Chabot Terrace, Vallejo, CA: higher priced homes
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