Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Mill River area can be challenging. Home prices in Mill River are now at a median cost of $240,691, lower than the New Haven average of $335,669.
The average cost of rent is $1,535/mo in Mill River, primarily driven by the current value of real estate in the Mill River area. In Mill River, 76.81% of households rent, and 39.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mill River is $6,467 per month. Households that rent pay about 23.74% of their income on rent here. Mill River’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Fair Haven, New Haven, CT: equally priced homes
- East Rock, New Haven, CT: higher priced homes
- Wooster Square, New Haven, CT: higher priced homes
- Downtown New Haven, New Haven, CT: higher priced homes
- Annex, East Haven, CT: less expensive homes
- Prospect Hill, New Haven, CT: higher priced homes
- Dixwell, New Haven, CT: equally priced homes
- Dwight, New Haven, CT: higher priced homes
- Quinnipiac Meadows, New Haven, CT: higher priced homes
- Hill, New Haven, CT: higher priced homes
Neighborhoods with Similar Populations
- Glenbrook, Vienna, WV: higher priced homes
- Western Hills, San Mateo, CA: higher priced homes
- Westchester Estates, Indianapolis, IN: less expensive homes
- Fondren North Renaissance, Jackson, MS: less expensive homes
- Westbury, Lehi, UT: higher priced homes
- West Oakland, Pittsburgh, PA: less expensive homes
- West End, Greenville, SC: higher priced homes
- Garden-Villa Montery, San Jose, CA: equally priced homes
- Gentilly Woods, New Orleans, LA: less expensive homes
- Feasterville, Feasterville-Trevose, PA: higher priced homes
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