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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 $65,080, lower than the Illinois average of $300,242.
The average cost of rent is $1,006/mo in Hartford, primarily driven by the current value of real estate in the Hartford area. In Hartford, 15.89% of households rent, and 61.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hartford is $3,606 per month. Households that rent pay about 27.91% of their income on rent here. Hartford’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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