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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 $537,295, higher than the Vermont average of $340,025.
The average cost of rent is $873/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. In Manchester, 36.84% of households rent, and 35.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $7,403 per month. Households that rent pay about 11.80% of their income on rent here. Manchester’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Manchester Center, VT: less expensive homes
- Sunderland, VT: less expensive homes
- East Dorset, VT: equally priced homes
- Dorset, VT: equally priced homes
- Freedleyville, VT: equally priced homes
- Sandgate, VT: less expensive homes
- East Arlington, VT: less expensive homes
- Arlington, VT: less expensive homes
- Bondville, VT: less expensive homes
- West Rupert, VT: less expensive homes
Cities with Similar Populations
- Alpena Junction, MI: less expensive homes
- Yatesville, PA: less expensive homes
- Yarrow Point, WA: higher priced homes
- Wright City, OK: less expensive homes
- Woodlawn, KY: less expensive homes
- Smyrna, NY: less expensive homes
- Silas, AL: less expensive homes
- Shortville, WI: less expensive homes
- Shelby, NE: less expensive homes
- Catale, OK: less expensive homes
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