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These days, finding an affordable place to live in the New Ashford area can be challenging. Home prices in New Ashford are now at a median cost of $363,062, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,079/mo in New Ashford, primarily driven by the current value of real estate in the New Ashford area. In New Ashford, 11.03% of households rent, and 35.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Ashford is $7,556 per month. Households that rent pay about 14.28% of their income on rent here. New Ashford’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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