Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Hope area can be challenging. Home prices in Mount Hope are now at a median cost of $240,695, lower than the Connecticut average of $357,181.
The average cost of rent is $1,354/mo in Mount Hope, primarily driven by the current value of real estate in the Mount Hope area. While nearly 33.25% of residents own their homes outright in Mount Hope, 36.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Hope is $5,368 per month. Households that rent pay about 25.22% of their income on rent here. Mount Hope's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Warrenville, CT: higher priced homes
- Chaplin, CT: less expensive homes
- Storrs Mansfield, CT: higher priced homes
- Storrs, CT: equally priced homes
- Ashford, CT: equally priced homes
- Mansfield Center, CT: equally priced homes
- Mansfield City, CT: less expensive homes
- North Windham, CT: less expensive homes
- Willington, CT: equally priced homes
- Eastford, CT: equally priced homes
Cities with Similar Populations
- Hanover, TX: less expensive homes
- St. Catharine, MO: less expensive homes
- Springstead, WI: equally priced homes
- Spring Creek, WV: less expensive homes
- Spencerburg, MO: less expensive homes
- South Hills, SC: less expensive homes
- Harrison, NE: less expensive homes
- Harrisburg, TX: less expensive homes
- Harmony, AR: less expensive homes
- Haralson, GA: higher priced homes
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