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These days, finding an affordable place to live in the Middlebury area can be challenging. Home prices in Middlebury are now at a median cost of $482,683, higher than the Connecticut average of $418,901.
The average cost of rent is $628/mo in Middlebury, primarily driven by the current value of real estate in the Middlebury area. In Middlebury, 13.37% of households rent, and 38.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Middlebury is $11,510 per month. Households that rent pay about 5.46% of their income on rent here. Middlebury’s most expensive areas are in the northwestern 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
- Naugatuck, CT: less expensive homes
- Oakville, CT: less expensive homes
- Waterbury, CT: less expensive homes
- Woodbury, CT: equally priced homes
- Watertown, CT: less expensive homes
- Minortown, CT: equally priced homes
- Southbury, CT: less expensive homes
- Beacon Falls, CT: less expensive homes
- Oxford, CT: equally priced homes
- Bethlehem Village, CT: less expensive homes
Cities with Similar Populations
- Mount Pleasant, TN: less expensive homes
- Pleasant View, TN: less expensive homes
- Plaistow, NH: less expensive homes
- Plainsboro, NJ: higher priced homes
- Plainfield, CT: less expensive homes
- Plainedge, NY: higher priced homes
- Plain City, UT: higher priced homes
- Mount Wolf, PA: less expensive homes
- Mount Vernon, MO: less expensive homes
- Mount Shasta, CA: less expensive homes
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