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These days, finding an affordable place to live in the Greenwich area can be challenging. Home prices in Greenwich are now at a median cost of $243,187, lower than the New York average of $610,895.
The average cost of rent is $1,133/mo in Greenwich, primarily driven by the current value of real estate in the Greenwich area. In Greenwich, 20.67% of households rent, and 41.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwich is $6,862 per month. Households that rent pay about 16.51% of their income on rent here. Greenwich’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bald Mountain, NY: less expensive homes
- North Greenwich, NY: less expensive homes
- Victory Mills, NY: equally priced homes
- Victory, NY: less expensive homes
- Schuylerville, NY: equally priced homes
- Fly Summit, NY: higher priced homes
- North Easton, NY: equally priced homes
- East Greenwich, NY: less expensive homes
- South Argyle, NY: equally priced homes
- Cambridge, NY: equally priced homes
Cities with Similar Populations
- Morganfield, KY: less expensive homes
- New Egypt, NJ: higher priced homes
- New Cumberland, WV: less expensive homes
- New Columbia, PA: less expensive homes
- Mount Healthy, OH: less expensive homes
- Mount Carmel, TN: less expensive homes
- Mount Arlington, NJ: higher priced homes
- Mount Airy, GA: equally priced homes
- Mounds, OK: less expensive homes
- Morrisville, VT: higher priced homes
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