Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hamden area can be challenging. Home prices in Hamden are now at a median cost of $241,997, lower than the Connecticut average of $357,181.
The average cost of rent is $1,528/mo in Hamden, primarily driven by the current value of real estate in the Hamden area. While nearly 34.57% of residents own their homes outright in Hamden, 38.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hamden is $7,498 per month. Households that rent pay about 20.38% of their income on rent here. Hamden's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Spring Glen, CT: higher priced homes
- North Haven, CT: higher priced homes
- New Haven, CT: higher priced homes
- Woodbridge, CT: higher priced homes
- Bethany, CT: higher priced homes
- Millbrook, CT: higher priced homes
- East Haven, CT: equally priced homes
- West Haven, CT: less expensive homes
- Northford, CT: higher priced homes
- Wallingford Center, CT: equally priced homes
Cities with Similar Populations
- Lake Havasu City, AZ: higher priced homes
- Grand Forks, ND: equally priced homes
- Lenexa, KS: higher priced homes
- Medina, OH: equally priced homes
- Lebanon, TN: higher priced homes
- The Hammocks, FL: higher priced homes
- Howell, MI: equally priced homes
- Hoboken, NJ: higher priced homes
- Hempstead, NY: higher priced homes
- Griffin, GA: less expensive homes
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