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 $168,231, higher than the New Britain average of $167,806.

The average cost of rent is $1,086/mo in Downtown New Britain, primarily driven by the current value of real estate in the Downtown New Britain area. While nearly 30.50% of residents own their homes outright in Downtown New Britain, 72.20% rent.

Housing affordability isn’t just about home prices, though. The average household income in Downtown New Britain is $3,991 per month. Households that rent pay about 27.22% of their income on rent here. Downtown New Britain's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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