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Affordable
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These days, finding an affordable place to live in the Millbrook area can be challenging. Home prices in Millbrook are now at a median cost of $424,603, higher than the Connecticut average of $418,901.
The average cost of rent is $1,542/mo in Millbrook, primarily driven by the current value of real estate in the Millbrook area. In Millbrook, 0.79% of households rent, and 30.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millbrook is $14,042 per month. Households that rent pay about 10.98% of their income on rent here. Millbrook’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bethany, CT: equally priced homes
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- Hamden, CT: less expensive homes
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- North Haven, CT: equally priced homes
Cities with Similar Populations
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- Olex, OR: less expensive homes
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