The Most Affordable Neighborhoods in New Preston, CT by Home Value

 

New Preston, CT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Preston area can be challenging. Home prices in New Preston are now at a median cost of $447,716, higher than the Connecticut average of $418,901.

The average cost of rent is $1,204/mo in New Preston, primarily driven by the current value of real estate in the New Preston area. In New Preston, 15.09% of households rent, and 43.45% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Preston is $6,250 per month. Households that rent pay about 19.26% of their income on rent here. New Preston’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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