The Most Affordable Neighborhoods in Gilman, CT by Home Value

 

Gilman, CT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gilman area can be challenging. Home prices in Gilman are now at a median cost of $277,711, lower than the Connecticut average of $357,181.

The average cost of rent is $1,256/mo in Gilman, primarily driven by the current value of real estate in the Gilman area. While nearly 40.11% of residents own their homes outright in Gilman, 10.29% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gilman is $8,788 per month. Households that rent pay about 14.29% of their income on rent here. Gilman's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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