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These days, finding an affordable place to live in the East Berlin area can be challenging. Home prices in East Berlin are now at a median cost of $374,745, lower than the Connecticut average of $418,901.
The average cost of rent is $1,446/mo in East Berlin, primarily driven by the current value of real estate in the East Berlin area. In East Berlin, 22.94% of households rent, and 47.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Berlin is $8,020 per month. Households that rent pay about 18.03% of their income on rent here. East Berlin’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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