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These days, finding an affordable place to live in the Middletown area can be challenging. Home prices in Middletown are now at a median cost of $291,541, lower than the Connecticut average of $418,901.
The average cost of rent is $1,488/mo in Middletown, primarily driven by the current value of real estate in the Middletown area. In Middletown, 47.20% of households rent, and 35.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Middletown is $7,507 per month. Households that rent pay about 19.82% of their income on rent here. Middletown’s most expensive areas are in the southern 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
- Rockfall, CT: higher priced homes
- Portland, CT: higher priced homes
- Cromwell, CT: higher priced homes
- Middlefield, CT: higher priced homes
- East Berlin, CT: higher priced homes
- Cobalt, CT: higher priced homes
- Durham, CT: higher priced homes
- Kensington, CT: higher priced homes
- Rocky Hill, CT: higher priced homes
- Meriden, CT: less expensive homes
Cities with Similar Populations
- Bartlett, TN: equally priced homes
- Roseville, MI: less expensive homes
- Spring Hill, TN: higher priced homes
- Taylors, SC: equally priced homes
- Texas City, TX: less expensive homes
- Urbandale, IA: higher priced homes
- Elmhurst, IL: higher priced homes
- El Centro, CA: equally priced homes
- Whitney, NV: equally priced homes
- East Brunswick, NJ: higher priced homes
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