Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Lyme area can be challenging. Home prices in East Lyme are now at a median cost of $354,331, lower than the Connecticut average of $357,181.
The average cost of rent is $1,477/mo in East Lyme, primarily driven by the current value of real estate in the East Lyme area. While nearly 37.45% of residents own their homes outright in East Lyme, 24.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Lyme is $9,166 per month. Households that rent pay about 16.11% of their income on rent here. East Lyme's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Laysville, CT: higher priced homes
- Niantic, CT: less expensive homes
- Giants Neck, CT: less expensive homes
- Waterford, CT: less expensive homes
- Old Lyme, CT: higher priced homes
- Millstone, CT: less expensive homes
- South Lyme, CT: higher priced homes
- North Lyme, CT: higher priced homes
- Quaker Hill, CT: less expensive homes
- New London, CT: less expensive homes
Cities with Similar Populations
- Sheffield Lake, OH: less expensive homes
- Highland Park, TX: higher priced homes
- Hilliard, FL: less expensive homes
- Hillside, IL: less expensive homes
- Hillview, KY: less expensive homes
- Hinckley, OH: equally priced homes
- Hitchcock, TX: less expensive homes
- Shamokin, PA: less expensive homes
- Shavertown, PA: less expensive homes
- Herkimer, NY: less expensive homes
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