Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Manchester area can be challenging. Home prices in Manchester are now at a median cost of $196,809, lower than the Connecticut average of $357,181.
The average cost of rent is $1,225/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. While nearly 37.86% of residents own their homes outright in Manchester, 45.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $6,616 per month. Households that rent pay about 18.51% of their income on rent here. Manchester's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Oakland, CT: equally priced homes
- Glastonbury, CT: higher priced homes
- East Hartford, CT: less expensive homes
- South Windsor, CT: higher priced homes
- Bolton, CT: higher priced homes
- Glastonbury Center, CT: higher priced homes
- Vernon-Rockville, CT: equally priced homes
- East Windsor Hill, CT: higher priced homes
- Wilson, CT: higher priced homes
- Rockville, CT: less expensive homes
Cities with Similar Populations
- Key West, FL: higher priced homes
- Newhall, CA: higher priced homes
- Mount Airy, NC: less expensive homes
- Mchenry, IL: higher priced homes
- Leavenworth, KS: less expensive homes
- Laramie, WY: higher priced homes
- La Porte, TX: less expensive homes
- Kinston, NC: less expensive homes
- Kingston, NY: equally priced homes
- Niles, MI: less expensive homes
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