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These days, finding an affordable place to live in the Hartford area can be challenging. Home prices in Hartford are now at a median cost of $329,241, lower than the Connecticut average of $418,901.
The average cost of rent is $1,559/mo in Hartford, primarily driven by the current value of real estate in the Hartford area. In Hartford, 32.73% of households rent, and 36.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hartford is $8,961 per month. Households that rent pay about 17.40% of their income on rent here. Hartford’s most expensive areas are in the southeastern 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.
Nearby Cities
- West Hartford, CT: higher priced homes
- Wilson, CT: equally priced homes
- East Hartford, CT: less expensive homes
- Wethersfield, CT: equally priced homes
- Bloomfield, CT: equally priced homes
- Newington, CT: equally priced homes
- Glastonbury Center, CT: higher priced homes
- Windsor, CT: equally priced homes
- East Windsor Hill, CT: higher priced homes
- Rocky Hill, CT: equally priced homes
Cities with Similar Populations
- Evanston, IL: higher priced homes
- Everett, WA: higher priced homes
- Council Bluffs, IA: less expensive homes
- Denham Springs, LA: less expensive homes
- Corona, CA: higher priced homes
- Dale City, VA: higher priced homes
- Des Moines, IA: less expensive homes
- Decatur, IL: less expensive homes
- Delray Beach, FL: higher priced homes
- Conway, AR: less expensive homes
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