The Most Affordable Neighborhoods in Downtown New Britain, New Britain, CT by Home Value

 

Downtown New Britain, New Britain, CT Map of Most Affordable Neighborhoods
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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.


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