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These days, finding an affordable place to live in the Montville area can be challenging. Home prices in Montville are now at a median cost of $356,638, lower than the Connecticut average of $418,901.
The average cost of rent is $1,139/mo in Montville, primarily driven by the current value of real estate in the Montville area. In Montville, 11.32% of households rent, and 39.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montville is $11,807 per month. Households that rent pay about 9.65% of their income on rent here. Montville’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
- Uncasville, CT: less expensive homes
- Oxoboxo River, CT: less expensive homes
- Oakdale, CT: equally priced homes
- Quaker Hill, CT: equally priced homes
- Gales Ferry, CT: less expensive homes
- Norwich, CT: less expensive homes
- Bozrah, CT: less expensive homes
- Conning Towers Nautilus Park, CT: less expensive homes
- Salem, CT: higher priced homes
- Ledyard, CT: equally priced homes
Cities with Similar Populations
- Snyderville, NY: less expensive homes
- Sidney, IN: less expensive homes
- Sidon, AR: less expensive homes
- Simmonsville, SC: less expensive homes
- Simpson, MN: higher priced homes
- Skamania, WA: higher priced homes
- Skokomish, WA: less expensive homes
- Skullbone, TN: less expensive homes
- Slacks, LA: less expensive homes
- Slate Springs, MS: less expensive homes
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