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These days, finding an affordable place to live in the Morris area can be challenging. Home prices in Morris are now at a median cost of $387,854, lower than the Connecticut average of $418,901.
The average cost of rent is $1,232/mo in Morris, primarily driven by the current value of real estate in the Morris area. In Morris, 10.54% of households rent, and 34.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morris is $8,805 per month. Households that rent pay about 14.00% of their income on rent here. Morris’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakeside, CT: higher priced homes
- Bantam, CT: less expensive homes
- Bethlehem, CT: equally priced homes
- Litchfield, CT: higher priced homes
- Bethlehem Village, CT: less expensive homes
- Woodville, CT: equally priced homes
- Northfield, CT: less expensive homes
- Thomaston, CT: less expensive homes
- Washington Depot, CT: higher priced homes
- Washington, CT: higher priced homes
Cities with Similar Populations
- Belhaven, NC: less expensive homes
- Boron, CA: less expensive homes
- Island Heights, NJ: higher priced homes
- Maury, NC: less expensive homes
- Martin, KY: less expensive homes
- Loving, NM: less expensive homes
- Lena, MS: less expensive homes
- Leland Grove, IL: less expensive homes
- Leasburg, MO: less expensive homes
- Laytonville, CA: equally priced homes
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