Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New London County area can be challenging. Home prices in New London County are now at a median cost of $263,158, lower than the Connecticut average of $357,181.
The average cost of rent is $1,293/mo in New London County, primarily driven by the current value of real estate in the New London County area. While nearly 34.08% of residents own their homes outright in New London County, 31.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in New London County is $7,196 per month. Households that rent pay about 17.97% of their income on rent here. New London County's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the county.
Nearby Counties
- Middlesex County, CT: higher priced homes
- Washington County, RI: higher priced homes
- Newport County, RI: higher priced homes
- New Haven County, CT: equally priced homes
- Dukes County, MA: higher priced homes
- Putnam County, NY: higher priced homes
- Orange County, NY: higher priced homes
- Pike County, PA: less expensive homes
- Wayne County, PA: less expensive homes
- Lackawanna County, PA: less expensive homes
Counties with Similar Populations
- Hamilton County, TN: less expensive homes
- St. Tammany Parish, LA: equally priced homes
- St. Lucie County, FL: equally priced homes
- St. Louis County, MN: less expensive homes
- Spartanburg County, SC: less expensive homes
- Somerset County, NJ: higher priced homes
- Howard County, MD: higher priced homes
- Horry County, SC: less expensive homes
- Henrico County, VA: higher priced homes
- Sussex County, DE: higher priced homes
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