Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Britain area can be challenging. Home prices in New Britain are now at a median cost of $167,806, lower than the Connecticut average of $357,181.
The average cost of rent is $1,080/mo in New Britain, primarily driven by the current value of real estate in the New Britain area. While nearly 36.06% of residents own their homes outright in New Britain, 56.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Britain is $4,732 per month. Households that rent pay about 22.83% of their income on rent here. New Britain's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Newington, CT: higher priced homes
- Kensington, CT: higher priced homes
- Plainville, CT: higher priced homes
- Farmington, CT: higher priced homes
- East Berlin, CT: higher priced homes
- Wethersfield, CT: higher priced homes
- River Glen, CT: higher priced homes
- Rocky Hill, CT: higher priced homes
- West Hartford, CT: higher priced homes
- Southington, CT: higher priced homes
Cities with Similar Populations
- Troy, MI: higher priced homes
- Temple, TX: equally priced homes
- Tempe, AZ: higher priced homes
- Rockford, IL: less expensive homes
- Seattle, WA: higher priced homes
- San Marcos, TX: higher priced homes
- Sarasota, FL: higher priced homes
- Rochester, NY: equally priced homes
- Roseville, CA: higher priced homes
- Rochester, MN: higher priced homes
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